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This paper will document financial aspects of transactions, and trade credit supply behavior with FDI among small and … medium-sized enterprises(SMEs) based on two original surveys, conducted in four cities in China in 2003. The survey was … designed to capture the nature of inter-firm transactions, trade credit and other financial conditions. Literature on FDI …
Persistent link: https://www.econbiz.de/10005227605
facilitates an effective supply of trade credit based on original surveys conducted in P.R. of China. Our theory predicts that …It is widely recognized that trade credit is an important financial mechanism, particularly in developing economies and … trade volume and trade credit are increasing function of cash held by the buyer and enforcement technology of the seller …
Persistent link: https://www.econbiz.de/10005222488
Of the Southeast Asian countries most badly affected by the 1997 financial crisis, Malaysia and Thailand remain the most unsettled by its political fallout. Their present political situations are not akin to 'politics as usual'. Instead, they capture the unpredicted outcomes of post-crisis...
Persistent link: https://www.econbiz.de/10008564652
We obtain the three following conclusions. First, business cycles depend on prices of stocks and primary commodities such as crude oil. Second, stock prices and oil prices generate psychological cycles with different periods. Third, there exist cases of "negative bubble" under certain...
Persistent link: https://www.econbiz.de/10005227609
We utilize Thailand's the financial crisis in 1997 as a natural experiment which exogenously shifts labor demand. Convincing evidence from the Thailand Labor Force Survey support the hypothesis that both employment opportunities and wages shrunk for new entrants after the crisis. We find that...
Persistent link: https://www.econbiz.de/10005222508
This paper analyzes the influence of the East Asian crisis and the subsequent reforms on the oligopolistic nature of the Thai banking industry. Since the crisis, there have been substantial changes in competitive environment, including a decline in the family ownership of banks as well as the...
Persistent link: https://www.econbiz.de/10005744782
This paper empirically analyzes India’s money demand function during the period of 1980 to 2007 using monthly data and the period of 1976 to 2007 using annual data. Cointegration test results indicated that when money supply is represented by M1 and M2, a cointegrating vector is detected...
Persistent link: https://www.econbiz.de/10005534151
In the post-Asian crisis period, bank loans to the manufacturing sector have shown a slow recovery in the affected countries, unexceptionally in the Philippines. This paper provides a literacy survey on the effectiveness of the Central Bank’s monetary policy and the responsiveness of the...
Persistent link: https://www.econbiz.de/10011147331
Based on the consolidated statements data of the universal/commercial banks (UKbank) and non-bank financial institutions with quasi-banking licenses, this paper presents a keen necessity of obtaining data in detail on both sides (assets and liabilities) of their financial conditions and further...
Persistent link: https://www.econbiz.de/10010769247
This article provides an analysis of how banks determine levels of information production when they are in imperfect competition and there is a condition of information asymmetry between borrowers and banks. Specifically, the study concentrates on information production activities of banks in...
Persistent link: https://www.econbiz.de/10005744773