Chapter 7

An international comparison on TFP changes in ICT industry among Japan, Korea, Taiwan, China, and the United States

Chi-Yuan Liang 1 , and Ruei-He Jheng 2       1 Research Center for Taiwan Economic Development, National Central University, Taoyuan County, Taiwan (R.O.C.)      2 The Third Research Division, Chung-Hua Institution for Economic Research, Taipei, Taiwan (R.O.C.)

Abstract

With faster growth, the total output value of China, Korea, and Taiwan seems to catching up quickly with Japan and the United States in the information and communications technology (ICT) industry during 1981–2010. This paper found that the total factor productivity (TFP) growth rate of ICT industry in the United States was much higher than that ...

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