Exports and growth: an econometric analysis

This paper dicusses the sources of rapid economic growth in Koreaı in recent times and their economic implications by means of three types of econometric tests based on the modern theory of cointegration, the dominant role of demand over supply and the significant degree of economies of scale due to the spillover effects of human capital and of technological diffusion. The empirical growth profile of Korea in recent times seems to vindicate some of the major tenets of the new growth theory

Nonparametric efficiency analysis under uncertainty

Production and cost frontiers of a firm in an industry are directly affected by the uncertainty of market demand and the uncertainty of input availability. The nonparametric approach of data envelopment analysis is generalized here in both static and dynamic directions by incorporating these uncertainties

Nonparametric efficiency analysis under uncertainty

Production and cost frontiers of a firm in an industry are directly affected by the uncertainty of market demand and the uncertainty of input availability. The nonparametric approach of data envelopment analysis is generalized here in both static and dynamic directions by incorporating these uncertainties