FOREIGN DIRECT INVESTMENT INTENSITY EFFECTS ON TFP INTENSITY OF ASEAN 5 PLUS 2

This study aims to investigate the role of foreign direct investment (FDI) intensity through decomposition of labour productivity growth into contributions of capital deepening, increased usage of foreign direct investment (FDI) intensity, and the simultaneous contribution of the quality of these factors. This has expressed as the contribution of total factor productivity (TFP) intensity growth in achieving productivity driven growth in ASEAN 5 (Malaysia, Indonesia, Philippines, Singapore and Thailand) plus 2 (China and South Korea). This study claims to fill in the gaps of previous studies by developing applications of intensive growth theory and introducing the TFP intensity (TFP per unit of labour). The results show that the productivity growth of ASEAN 5 plus China and South Korea is input driven, however, South Korean Model has constructed companies such as Daewoo, Samsung and LG that competed globally. The study also finds that the impact of FDI intensity is positive with slight contribution to TFP intensity growth.ASEAN 5 Plus 2, FDI Intensity, TFP Intensity, Input-Driven

Journal Staff

In this contribution we describe some of the basic new features of MathWork's System Identification toolbox, version 4.0, which was released in May 1995. The main addition is a graphical user interface (GUI), which allows the user to perform identification, data and model analysis, as well as model validation by less click and mouseless operations. The ideas behind the GUI are explained and its relative merits compared to command driven operations are discussed

Performance analysis of a message-oriented knowledge-base

First-order Horn logic is a useful formalism to design knowledge-based systems. When implemented on a sequential von Neumann computer, the main limitation of such systems is performance. We present a message-driven model for function-free Horn logic, where the knowledge base is represented as a network of logical processing elements communicating with one another exclusively through messages. The lack of centralized control and centralized memory makes this model suitable to implementation on a highly-parallel asynchronous computer architecture.The primary contribution of this paper is a performance analysis of this message-driven system and a comparison with a sequential resolution scheme using backtracking. For both approaches, closed form expressions for the performance results are derived and compared

Measuring the effects of labour productivity on ASEAN5 plus 3 economic growth

This paper analyses the effects of labour productivity, capital deepening and total factor productivity (TFP) intensity in ASEAN5 (Malaysia, Indonesia, Philippines, Singapore and Thailand) plus 3 (China, Japan and South Korea). The results of this study show that there was slight contribution of the TFP intensity to the economic growth of these countries during the periods of the study. The results also confirm that capital intensity had a strongly significant role in achieving light labour productivity contribution that had been produced by most of these economies through using huge inputs (such as physical, capital and labour) to produce outputs. The results show that the productivity growth of most of these countries is input driven, however, the South Korean model is moving to be a productivity driven; Japan is productivity driven as the only Asian nation that joined the industrial club which is dominated by Western nations.ASEAN5 plus 3, input driven, TFP intensity, labour productivity, capital deepening. JEL classification: E23; C22