Growth and Productivity in East Asia.

• Position: Bureau Books - Brief Article - Book Review

Growth and Productivity in East Asia, edited by Takatoshi Ito and Andrew K. Rose, will be available soon from the University of Chicago Press. This is the thirteenth conference volume resulting from the NBER's East Asia Seminar on Economics. It is priced at $85.00.

Considering the examples of Australia and the Pacific Rim, the book offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education, and technology. For this conference, Ito and Rose organized a group of collaborators from several Asian countries, the United States, and other parts of the globe who ably balance both macroeconomic and microeconomic study with theoretical and empirical approaches. The resulting volume pays special attention to the causes for the unusual success of Australia, one of the few nations to maintain unprecedented economic...