References
- Aigner, D., Lovell, C. A. K., & Schmidt, P. (1977). Formulation and estimation of stochastic frontier production function models. Journal of Econometrics, 6(1), 21–21. https://doi.org/10.1016/0304-4076(77)90052-5
- ASEAN Secretariat. (2018). ASEAN Stats.
- Badunenko, O., & Kumbhakar, S. C. (2016). When, where and how to estimate persistent and transient efficiency in stochastic frontier panel data models. European Journal of Operational Research, 255(1), 272–287. https://doi.org/10.1016/j.ejor.2016.04.049
- Balk, B. M. (2001). Scale efficiency and productivity change. Journal of Productivity Analysis, 15(3), 159–183. https://doi.org/10.1023/A:1011117324278
- Barro, R. J. (1991). Economic growth in a cross section of countries. The Quarterly Journal of Economics, 106(2), 407–443. https://doi.org/10.2307/2937943
- Baumol, W. J. (1986). Productivity growth, convergence, and welfare: What the long-run data show. American Economic Review, 76(5), 1072–1085. https://www.jstor.org/stable/1816469
- Booth, A. (1999). Initial conditions and miraculous growth: Why is South East Asia different from Taiwan and South Korea? World Development, 27(2), 301–321. https://doi.org/10.1016/S0305-750X(98)00126-0
- Choi, K., Lee, D., & Lim, S. (2017). Strategic trade policies with first-mover and second-mover advantages in a vertical structure. The Journal of International Trade & Economic Development, 26(5), 612–632. https://doi.org/10.1080/09638199.2016.1262892
- Colombi, R., Kumbhakar, S. C., Martini, G., & Vittadini, G. (2014). Closed-skew normality in stochastic frontiers with individual effects and long/short-run efficiency. Journal of Productivity Analysis, 42(2), 123–136. https://doi.org/10.1007/s11123-014-0386-y
- Darku, A. B., & Yeboah, R. (2018). Economic openness and income growth in developing countries: A regional comparative analysis. Applied Economics, 50(8), 855–869. https://doi.org/10.1080/00036846.2017.1343449
- Dollar, D., Glewwe, P., & Agrawal, N. (2004). Economic growth, poverty, and household welfare in Vietnam. The World Bank.
- Edwards, S. (1998). Openness, productivity and growth: What do we really know? The Economic Journal, 108(447), 383–398. https://doi.org/10.1111/1468-0297.00293
- Färe, R., Grosskopf, S., Norris, M., & Zhang, Z. (1994). Productivity growth, technical progress, and efficiency change in industrialized countries. The American Economic Review, 84(1), 66–83. https://www.jstor.org/stable/2117971
- Farrell, M. J. (1957). The measurement of productive efficiency. Journal of the Royal Statistical Society (A, General), 120(3), 253–290. https://doi.org/10.2307/2343100
- Feenstra, R. C., Robert, I., & Timmer, M. P. (2015). The next generation of the penn world table. American Economic Review, 105(10), 3150–3182. https://doi.org/10.1257/aer.20130954
- Filippini, M., & Greene, W. (2016). Persistent and transient productive inefficiency: A maximum simulated likelihood approach. Journal of Productivity Analysis, 45(2), 187–196. https://doi.org/10.1007/s11123-015-0446-y
- Fölster, S., & Henrekson, M. (2001). Growth effects of government expenditure and taxation in rich countries. European Economic Review, 45(8), 1501–1520. https://doi.org/10.1016/S0014-2921(00)00083-0
- Glaeser, E., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2004). Do institutions cause growth? Journal of Economic Growth, 9(3), 271–303. https://doi.org/10.1023/B:JOEG.0000038933.16398.ed
- Greene, W. (2005). Reconsidering heterogeneity in panel data estimators of the stochastic frontier model. Journal of Econometrics, 126(2005 2),269-303
- Greene, W. H. (2004). Distinguishing between heterogeneity and inefficiency: Stochastic frontier analysis of the world health organization’s panel data on national health care systems. Health Economics, 13(10), 959–980. https://doi.org/10.1002/hec.938
- Haini, H. (2019a). Internet penetration, human capital and economic growth in the ASEAN economies: Evidence from a translog production function. Applied Economics Letters, 26(21), 1774–1778. https://doi.org/10.1080/13504851.2019.1597250
- Haini, H. (2019b). Examining the relationship between finance, institutions and economic growth: Evidence from the ASEAN economies. Economic Change and Restructuring, [Online]. https://doi.org/10.1007/s10644-019-09257-5.
- Haini, H. 2020a. Spatial spillover effects of public health and education expenditures on economic growth: Evidence from China’s provinces. Post-Communist Economies, 1–18. ( [Online]). https://doi.org/10.1080/14631377.2020.1722586.
- Haini, H. 2020b. The evolution of China’s modern economy and its implications on future growth. Post-Communist Economies, 1–25. ( [Online]). https://doi.org/10.1080/14631377.2020.1793610.
- Henningsen, A., & Henning, C. H. C. A. (2009). Imposing regional monotonicity on translog stochastic production frontiers with a simple three-step procedure. Journal of Productivity Analysis, 32(3), 217–229. https://doi.org/10.1007/s11123-009-0142-x
- Hill, H. (1997). Towards a political economy explanation of rapid growth in ASEAN. ASEAN Economic Bulletin, 14(2), 131–149. https://doi.org/10.1355/AE14-2C
- Hlaing, K. (2012). Understanding recent political changes in Myanmar. Contemporary Southeast Asia, 34(2), 197–216. https://doi.org/10.1355/cs34-2c
- Holtz-Eakin, D. (1992). Solow and the states: Capital accumulation, productivity and economic growth. (Working Paper No. 4144). National Bureau of Economic Research.
- Hsieh, C. (2002). What explains the industrial revolution in East Asia? Evidence from the factor markets. American Economic Review, 92(3), 502–526. https://doi.org/10.1257/00028280260136372
- Javorcik, B. S. (2004). Does foreign direct investment increase the productivity of domestic firms? In search of spillovers through backward linkages. American Economic Review, 94(3), 605–627. https://doi.org/10.1257/0002828041464605
- Kaldor, N. (1957). A model of economic growth. The Economic Journal, 67(268), 591–624. https://doi.org/10.2307/2227704
- Kim, J., & Lau, L. J. (1994). The sources of economic growth of the East Asian newly industrialized countries. Journal of the Japanese and International Economies, 8(3), 235–271. https://doi.org/10.1006/jjie.1994.1013
- Kruger, J. J. (2008). Productivity and structural change: A review of the literature. Journal of Economic Surveys, 22(2), 330–363. https://doi.org/10.1111/j.1467-6419.2007.00539.x
- Krugman, P. (1994). The myth of Asia’s miracle. Foreign Affairs, 79(November–December), 62–78. https://doi.org/10.2307/20046929
- Kumbhakar, S. C., & Heshmati, A. (1995). Efficiency measurement in Swedish dairy farms: An application of rotating panel data. American Journal of Agricultural Economics, 77(3), 660–674. https://doi.org/10.2307/1243233
- Lane, J. E. (2011). Law and economics in the ASEAN +3 region: The rule of law deficit. International Journal of Social Economics, 38(10), 847–857. https://doi.org/10.1108/03068291111170398
- Lee, H. H., & Tan, H. B. (2006). Technology transfer, FDI and economic growth in the ASEAN region. Journal of the Asia Pacific Economy, 11(4), 394–410. https://doi.org/10.1080/13547860600923593
- Lesher, M., & Plummer, M. G. (2011). Back to basics-post–crisis macroeconomic rebalancing in ASEAN. ASEAN Economic Bulletin, 28(2), 160–182. https://doi.org/10.1355/ae28-2d
- Malmquist, S. (1953). Index numbers and indifference surfaces. Trabajos de Estadistica, 4, 209-242. 2
- Masron, T. A. (2017). Relative institutional quality and FDI inflows in ASEAN countries. Journal of Economic Studies, 44(1), 115–137. https://doi.org/10.1108/JES-04-2015-0067
- Menon, J. (2013). Narrowing the development divide in ASEAN: The role of policy. Asian-Pacific Economic Literature, 27(2), 25–51. https://doi.org/10.1111/apel.12025
- Munnell, A. H. (1990). Why has productivity growth declined? Productivity and public investment. New England Economic Review, January/February, 3–22. https://www.bostonfed.org/publications/new-england-economic-review/1990-issues/issue-january-february-1990/why-has-productivity-growth-declined-productivity-and-public-investment.aspx
- Nordhaus, W. (1969). An economic theory of technological change. The American Economic Review, 59(2), 18–28. https://www.jstor.org/stable/1823649
- Orea, L. (2002). Parametric decomposition of a generalized malmquist productivity index. Journal of Productivity Analysis, 18(1), 5–22. https://doi.org/10.1023/A:1015793325292
- Ortega-Argilés, R. (2012). The transatlantic productivity gap: A survey of the main causes. Journal of Economic Surveys, 26(3), 395–419. https://doi.org/10.1111/j.1467-6419.2012.00725.x
- Pantzios, C. J., Karagiannis, G., & Tzouvelekas, V. (2011). Parametric decomposition of the input-oriented malmquist productivity index: With an application to greek aquaculture. Journal of Productivity Analysis, 36(1), 21–31. https://doi.org/10.1007/s11123-010-0202-2
- Petri, P. A., Plummer, M. G., & Zhai, F. (2012). ASEAN economic community: A general equilibrium analysis. Asian Economic Journal, 26(2), 93–118. https://doi.org/10.1111/j.1467-8381.2012.02079.x
- Pitt, M., & Lee, L. F. (1981). The measurement and sources of technical inefficiency in the Indonesian weaving industry. Journal of Development Economics, 9(1), 43–64. https://doi.org/10.1016/0304-3878(81)90004-3
- Ravenhill, J. (2008). `hting irrelevance: An economic community “with ASEAN characteristics.”. Pacific Review, 21(4), 469–488. https://doi.org/10.1080/09512740802294697
- Saint-Paul, G. (1993). Productivity growth and the structure of the business cycle. European Economic Review, 37(4), 861–883. https://doi.org/10.1016/0014-2921(93)90095-R
- Sarel, M. (1997). Growth and productivity in ASEAN countries. IMF Working Paper WP/97/9, Asia and Pacific Department, Washington: International Monetary Fund
- Scully, G. W. (1995). The “growth tax” in the United States. Public Choice, 85(1/2), 71–80. https://doi.org/10.1007/BF01047902
- Solow, R. M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
- Tsionas, E. G., & Kumbhakar, S. C. (2014). Firm heterogeneity, persistent and transient technical inefficiency: A generalized true random-effects model. Journal of Applied Econometrics, 29(1), 110–132. https://doi.org/10.1002/jae.2300
- Walmsley, T., Aguiar, A., & Ahmed, S. A. (2017). Labour migration and economic growth in East and South-East Asia. World Economy, 40(1), 116–139. https://doi.org/10.1111/twec.12334
- Wan Lee, J., & Brahmasrene, T. (2014). ICT, CO2Emissions and economic growth: Evidence from a panel of ASEAN. Global Economic Review, 43(2), 93–109. https://doi.org/10.1080/1226508X.2014.917803
- World Bank. (Various Years). World development indicators.
- Yam, T. K. (1995). China and ASEAN: Rivals for foreign direct investment. Asia Pacific Business Review, 2(1), 50–67. https://doi.org/10.1080/13602389500000031
- Young, A. (1995). The tyranny of numbers: Confronting the statistical realities of the East Asian growth experience. The Quarterly Journal of Economics, 110(3), 641–680. https://doi.org/10.2307/2946695