Showing 1 - 10 of 99
This paper evaluates the impact of privatization on firm employment using a panel dataset of 386 firms in China in the … the dynamic impact of privatization on employment growth and find that the performance of privatized firms improves over … time. These findings are robust even after we control other performance and financial variables as well as the pre-privatization …
Persistent link: https://www.econbiz.de/10009365342
Does financial health shore up firm productivity? This paper empirically investigates this question and presents productivity as another driving factor in translating financial development into real economic progress. Our empirical framework employs Levinsohn and Petrin’s (2003)...
Persistent link: https://www.econbiz.de/10011134329
This paper analyses the technical efficiency problem in Gansu Province, West China, using firm-level cross-sectional data. Compared with previous studies, which mostly focus on industries, this paper focuses on a geographic area instead. By applying the stochastic frontier framework, this paper...
Persistent link: https://www.econbiz.de/10009363772
The efficiency of 119 electric cooperatives in the Philippines from 1990-2002 is analyzed using a stochastic frontier model augmented with spatial-temporal terms, addressing the underestimation of technical efficiency usually encountered among maximum-likelihood based methods. The model is also...
Persistent link: https://www.econbiz.de/10009365176
The paper uses the emerging Association of Southeast Asian Nations (ASEAN) Economic Community as a motivation to explore the issue of capital flow management in an economic community. Although there is an increasingly shared view that capital flow management measures should be part of the...
Persistent link: https://www.econbiz.de/10011278025
This paper discusses the financial landscape of the Association of Southeast Asian Nations (ASEAN), a region engaged in building an economic community (a “single market and production baseâ€) by 2015. In particular, it reviews where ASEAN’s financial markets and...
Persistent link: https://www.econbiz.de/10011278036
Development of a vibrant and competitive services sector is a key characteristic of modern economies. In the developed world, services frequently account for two-thirds or three-quarters of all economic activity. The transition from agriculture through manufacturing to a services...
Persistent link: https://www.econbiz.de/10011278062
This paper reviews economic development and the regulatory environment of audiovisual services in the Republic of Korea (hereafter, Korea). The paper specifically examines motion pictures and broadcasting, and discusses what drives or hinders the sector’s trade potential. Korean...
Persistent link: https://www.econbiz.de/10011278070
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration by liberalizing trade and behind the border...
Persistent link: https://www.econbiz.de/10011278093
This study tries to find the causal relationship between bilateral trade and FDI in India and East Asian countries using macroeconomic data and derive policy implications for regional integration. Since the late 2000s, Korea, Japan and Singapore’s trade and FDI with India have been...
Persistent link: https://www.econbiz.de/10011278096