Poverty Reduction through Long-Term Growth: the Thai Experience
Thailand's impressive long-term rate of economic growth has resulted mainly from accumulation of physical capital. Total factor productivity (TFP) growth at the economy-wide level explains about one-third of the aggregate growth of output. However, this TFP growth was due entirely to resource reallocation from lowproductivity sectors, especially agriculture, to higher-productivity industry and services sectors. TFP growth at the sectoral level has been important only in agriculture. Poverty has...[Show more]
|Collections||ANU Research Publications|
|Source:||Asian Economic Papers|
|01_Warr_Poverty_Reduction_through_2009.pdf||1.08 MB||Adobe PDF||Request a copy|
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