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This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268110
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268111
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268112
foreign exchange reserves, utility-maximizing representative agents decide consumption, capital stock, and labor input, as … a permanent decline in consumption. However, when the tradable sector is capital intensive, the increase may enhance … shortens debt maturity. The results also imply that increased foreign exchange reserves may lead to a decline in consumption …
Persistent link: https://www.econbiz.de/10009364008
This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009 : (1) the improved capital requirements intended to reduce the risk of bank failure (“Basel IIIâ€), (2) the improved recovery and...
Persistent link: https://www.econbiz.de/10011278040
This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009 : (1) the improved capital requirements intended to reduce the risk of bank failure (“Basel IIIâ€), (2) the improved recovery and...
Persistent link: https://www.econbiz.de/10011278193
This paper uses a unique bank level data from 1991 to 2000 and evaluates how financial reforms affect banking efficiency of domestic and foreign banks in Pakistan. The results suggest that banking efficiency falls during initial reform period when banks adjust to enhanced competition, but...
Persistent link: https://www.econbiz.de/10009365404
The study analyses market perception about the performance of Pakistani commercial banks due to financial liberalisation and deregulation measures taken by the central bank over the last two decades. For this purpose, it uses Survey approach. To augment the results of Survey Based Approach, it...
Persistent link: https://www.econbiz.de/10009365419
This papers framework for GDP in chained prices yields GDP in constant prices as a special case of constant relative prices, i.e., these GDP measures differ only when relative prices change. The framework has a novel additive procedure, counter to the prevailing view that GDP in chained prices...
Persistent link: https://www.econbiz.de/10009363888
GDP in constant prices of ASEAN countries suffers from substitution bias by ignoring relative price changes and makes GDP growth and shares dependent on the base year. These analytical deficiencies led the US since the mid-1990s to convert GDP from constant to chained prices. Thus, cross-country...
Persistent link: https://www.econbiz.de/10009363971