Surveying the difference of TFP between group of Taiwan - Korea and group of Thailand – Malaysia; and their TFP growths determinants

Abstract

This study via econometric regression to calculate TFP level, and TFPG’s contribution to aggregate output growth rate of group [Taiwan – Korea] who have successfully shifted up to high-come level and group [Thailand – Malaysia] who have still stuck in middle income trap. This paper also estimates how much efficiency of determinants which are education, openness, foreign direct investment, R&D result, and economy’s fluctuation effecting on the TFP level of these countries. The results from the paper would contribute some implies to such Vietnam economic growth in term of handling experiments to rise up from middle income level after escaping from poverty trap.