Replication data for: Confucianism and the East Asian Miracle
Principal Investigator(s): View help for Principal Investigator(s) Ming-Yih Liang
Version: View help for Version V1
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AEJMac2007-0015_data | 10/25/2021 01:44:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 04:57:PM |
Project Citation:
Liang, Ming-Yih. Replication data for: Confucianism and the East Asian Miracle. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114178V1
Project Description
Summary:
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We examine two behavioral traits essential to Confucianism, and put forward hypotheses as to whether these behavioral traits impede or are conducive to "leading" or "follower" mode growth. A dynamic leader-follower general equilibrium model with appropriately specified "Confucian" parameters is shown to generate results that correspond to some of the main features of East Asian economies: their
miracle growths, subsequent slowdowns, trade surpluses, and persistent accumulations of foreign exchange reserves. We calibrate the model to assess the quantitative importance of these cultural effects and examine their implications for future evolution of these economies. (JEL E23, O17, O41, O47, P24, Z12, Z13)
Scope of Project
Subject Terms:
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East Asian Miracle Growth;
Confucianism
JEL Classification:
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E23 Macroeconomics: Production
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O41 One, Two, and Multisector Growth Models
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
P24 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure; Money; Inflation
Z12 Cultural Economics: Religion
Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
E23 Macroeconomics: Production
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O41 One, Two, and Multisector Growth Models
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
P24 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure; Money; Inflation
Z12 Cultural Economics: Religion
Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
Geographic Coverage:
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China,
Taiwan,
East Asia,
Korea,
the Four Tigers
Time Period(s):
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1953 – 2014
Universe:
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China, Taiwan, Singapore, Hong Kong, South Korea, Japan
Data Type(s):
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text;
aggregate data
Collection Notes:
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Mathematical Simulation
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