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MANUFACTURING AS AN ENGINE OF GROWTH: THE CASE OF EAST ASIAN COUNTRIES BASED ON LITERATURE STUDIES Print E-mail

Khairunnisah Lubis[1], Ardhy Dinata Sitepu[2], Robert Tua Siregar[3], Anggiat Sinurat[4], Rudi Salam Sinaga[5]

Abstract

This paper aims to answer why manufacturing is an engine of growth from an economist's perspective. This paper uses descriptive qualitative methods. Data collection using literature studies. This paper will confirm Robert Kaldor's theory of economic growth in East Asian Countries. The results support that the successful implementation of manufacturing in developing countries is due to the total factor productivity (TFP) which causes changes in efficiency and changes in technology.

Keywords: Economic growth, Manufacturing, East Asia Countries

[1] Khairunnisah Lubis is lecturer at Universitas Medan Area, Kolam Street, No. 1 Medan Estate, Medan City, 20223, Indonesia, Correspondence Author: email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it , This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

[2] Ardhy Dinata Sitepu is masters at Erasmus University College. Nieuwemarkt 1A, 3011HP Rotterdam Netherlands, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

[3] Robert Tua Siregar is lecturer  at Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Surabaya Street, No. 19, Pematangsiantar City, 21118, Indonesia, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

[4] Anggiat Sinurat is lecturer at Universitas Simalungun, Sisingamangaraja Street, No.1, Pematangsiantar City, 21141 Indonesia, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

[5] Rudi Salam Sinaga is lecturer at Universitas Medan Area, Kolam Street, No. 1 Medan Estate, Medan City, 20223, Indonesia, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

Cite this article:
Lubis Khairunnisah, Ardhy Dinata Sitepu, Robert Tua Siregar, Anggiat Sinurat, Rudi Salam Sinaga . MANUFACTURING AS AN ENGINE OF GROWTH: THE CASE OF EAST ASIAN COUNTRIES BASED ON LITERATURE STUDIES. Innovative Issues and Approaches in Social Sciences, vol.14:253-263,

Digital Object Identifier(DOI): https://doi.org/10.5281/zenodo.4935709
View full text in pdf: http://www.iiass.com/pdf/IIASS-2021-no-art15.pdf

 

 

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