01705cas a2200241 a 4500 AALejournalIMF012758 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589062023 1020-7635 BD-DhAAL BD-DhAAL Flood, Robert. IMF Staff Papers, Volume 50, No. 2 / Robert Flood. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (172 pages) IMF Staff Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines sources of economic growth in East Asia. The conventional growth-accounting approach to estimating the sources of economic growth requires unrealistically strong assumptions about either competitiveness of factor markets or the form of the underlying aggregate production function. The paper outlines a new approach utilizing nonparametric derivative estimation techniques that does not require imposing these restrictive assumptions. The results for East Asian countries show that output elasticities of capital and labor tend to be different from the income shares of these factors. The paper also explores the compensating potential of private intergenerational transfers. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No. 2003/002 Full text available on IMF http://elibrary.imf.org/view/journals/024/2003/002/024.2003.issue-002-en.xml IMF e-Library