by Hui Ying Sng (Nanyang Technological University, Singapore)

Table of Contents (67k)
Preface (64k)
Chapter 1: Introducing Biomedical Engineering (256k)

This book is the first of its kind to systematically analyze and apply Lim Chong Yah's S-Curve Hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-Curve hypothesis to provide further insight into economic growth and transition.

It also utilizes a construction of a stochastic growth model to provide the microeconomic foundation for the S-Curve hypothesis. This model resolves the puzzle of why some developing countries experience economic take-off, while others do not. The book analyzes and extends discussion on the S-Curve, and also applies the S-Curve hypothesis to predict long-term growth in Japan and Singapore. It serves as an excellent resource for people interested in Lim's growth theory.

• Introduction and Overview
• Microeconomic Foundation of the S-Curve Hypothesis: A Stochastic Technological Diffusion Model
• Testing of Growth Convergence and Economic Transition Under the Framework of the S-Curve Hypothesis
• Hypothesis of the S-Curve of Capital Accumulation and Its Implied Capital-Output Ratios
• The S-Curves of Singapore and Japan