Are Asian Dragons and Tigers catching up?

Abstract

This paper studies the catching up process in per capita income of the so-called Asian Dragons and Tigers. It contributes to the literature in several ways. First, it tests the catching up hypothesis using the longest time span ever considered, from 1870 to 2014. Second, it documents the experiences of these two groups of countries and provides potential explanations for them. Third, the analysis of the paper uses the Kejriwal and Perron (J Time Ser Anal 31:305-328, 2010) algorithm which allows us to endogenously estimate multiple structural breaks in the level and the trend of the series without prior knowledge of their integration level. This surpasses technical concerns of previous empirical studies. Fourth, it inquiries into how the Asian financial crisis affected the catching up process among the Dragons and Tigers economies. KeywordsCatching up • Structural breaks • Asian Dragons • Asian Tigers JEL Classification C22 • O11 • O55 B Olesia Kozlova

Role of Universities in Promoting Innovation Policy in Southeast Asian Countries

“…The focus of the study is the universities' role as think tanks in promoting STI or innovation policy in Southeast Asia countries, especially in Thailand, Malaysia, and Indonesia. Those countries were called the Asian Tiger in the 1965s-1990s (Kozlova & Noguera-Santaella, 2017) and represent delineating STI policy in ASEAN countries. In the post-positivistic approach, we use plural data collection and analysis (Erciyes, 2020).…”

“…This study uses Thailand, Malaysia, and Indonesia as research sites in Southeast Asia. They were called "The Asian Tiger" since the significant economic growth during 1965-the 1990s (Kozlova & Noguera-Santaella, 2017). Notwithstanding, The Asian Tiger's growth is strikingly different; Thailand and Malaysia are classified as upper-middle income groups, and Indonesia as lower-middle income groups (WIPO, 2022).…”