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Honesty and Intermediation : Corporate Cheating, Auditor Involvement and the Implications for Development
Guha, Brishti - East Asian Bureau of Economic Research (EABER) - 2005
We examine self-enforcing honesty in firm-investor relations in an imperfect public information game. Minimum firm size requirements and moral hazard limit ability to raise outside capital, yielding a floor on personal wealth required to enter entrepreneurship. Credible auditing could create...
Persistent link: https://www.econbiz.de/10009363764
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Causality between Foreign Direct Investment and Tourism : Empirical Evidence from India
Selvanathan, Saroja; Selvanathan, E.A.; Viswanathan, Brinda - East Asian Bureau of Economic Research (EABER) - 2009
This paper investigates the causal link between foreign direct investment and tourism in India by employing the Granger … causality test under a VAR framework. A one-way causality link is found from foreign direct investment to tourism in India. This … evidence once again adds to the need for appropriate policies and plans to further expand and develop tourism given that FDI …
Persistent link: https://www.econbiz.de/10009363831
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Tourism Satellite Account for India
Shukla, Rajesh - East Asian Bureau of Economic Research (EABER) - 2006
With the growing recognition of tourism as a source of employment generating growth in the country, improved … understanding of what tourism is, its role in the economy and its relationship to other parts of the economy is important. The … Tourism Satellite Account (TSA) is a new framework recently adopted by the United Nations Statistical Commission that provides …
Persistent link: https://www.econbiz.de/10009365257
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A Short-Run Analysis of Exchange Rates and International Trade with an Application to Australia, New Zealand, and Japan
Anson, José; Boffa, Mauro; Helble, Matthias - East Asian Bureau of Economic Research (EABER) - 2014
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010857580
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A Short-Run Analysis of Exchange Rates and International Trade with an Application to Australia, New Zealand, and Japan
Anson, José; Boffa, Mauro; Helble, Matthias - East Asian Bureau of Economic Research (EABER) - 2014
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010857584
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Revisiting the Internationalization of the Yuan
Yu, Yongding - East Asian Bureau of Economic Research (EABER) - 2012
As the world’s second largest economy, largest trading nation, and the largest foreign holder of United States (US) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic status in the global economy....
Persistent link: https://www.econbiz.de/10011278039
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Revisiting the Internationalization of the Yuan
Yu, Yongding - East Asian Bureau of Economic Research (EABER) - 2012
As the world’s second largest economy, largest trading nation, and the largest foreign holder of United States (US) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic status in the global economy....
Persistent link: https://www.econbiz.de/10011278134
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The Currency of the People’s Republic of China and Production Fragmentation
Yamashita, Nobuaki - East Asian Bureau of Economic Research (EABER) - 2011
This paper examines how an appreciation of the currency of the People’s Republic of China (PRC)—renminbi—affects the country’s exports in the context of production fragmentation, using a panel data set of the PRC’s trade for 1992/93–2008/09. It...
Persistent link: https://www.econbiz.de/10009651622
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The Exchange Rate, Diversification, and Distribution in a Modified Ricardian Model with a Continuum of Goods
Razmi, Arslan - East Asian Bureau of Economic Research (EABER) - 2011
Several recent empirical and theoretical studies have revived interest in the relationship between the level of the exchange rate and economic development. This paper develops a dynamic model based on the Ricardian framework with a continuum of goods to consider the issue from a somewhat...
Persistent link: https://www.econbiz.de/10009651625
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Global Imbalances in a World of Inflexible Real Exchange Rates and Capital Controls
Hallett, Andrew Hughes; Oliva, Juan Carlos Martinez - East Asian Bureau of Economic Research (EABER) - 2011
This paper addresses the issue of international payments in a stock-flow framework, by capturing the interaction between the current account balance and international assets portfolios of domestic and foreign investors. It is argued that the stability of such interaction may be affected by...
Persistent link: https://www.econbiz.de/10009651642