6. The Role of Trade and Exchange Rate Policy in Korea’s Growth

Chapters in this book

1. Frontmatter i
2. Contents vii
3. Acknowledgments ix
4. Introduction 1
5. I. An Overview of East Asian Growth Experience
6. 1. East Asian Experience and Endogenous Growth Theory 9
7. 2. Long-Run Growth Theories and Empirics: Anything New? 37
8. II. Understanding Growth in Individual Countries
9. 3. The Open Door Policy and China’s Rapid Growth: Evidence from City-Level Data 73
10. 4. Old and New Development Models: The Taiwanese Experience 105
11. 5. Debt Financing, Public Investment, and Economic Growth in Taiwan 129
12. 6. The Role of Trade and Exchange Rate Policy in Korea’s Growth 153
13. 7. The Role of the Government in Promoting Industrialization and Human Capital Accumulation in Korea 181
14. 8. Japan’s Development Cooperation and Economic Development in East Asia 201
15. III. Relevance of Endogenous Growth Theory for Understanding East Asia
16. 9. A Time-Series Test of the Endogenous Growth Model with Human Capital 229
17. 10. Conditional Convergence in East Asian Countries: The Role of Exports in Economic Growth 247
18. 11. Explaining Miracles: Growth Regressions Meet the Gang of Four 267
19. Contributors 301
20. Author Index 303
21. Subject Index 307