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TFPG Controversies, Institutions, and Economic Performance in East Asia

Rodrik, Dani - 1997

The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has overlooked a fundamental indeterminacy in measurement. As a result, we cannot rule out the possibility that East Asia has in fact experienced a tremendous amount of technological...

Persistent link: https://www.econbiz.de/10012472910

Making Democracy Work : Culture, Social Capital and Elections in China

Miquel, Gerard Padró i - 2015

This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of electoral reforms in Chinese villages. We use the...

Persistent link: https://www.econbiz.de/10012457609

Confucianism and Preferences : Evidence from Lab Experiments in Taiwan and China

Liu, Elaine M. - 2013

This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that … loving, less loss averse, and more impatient after being primed with Confucianism, whereas Taiwanese subjects became … significantly less present-based and were inclined to be more trustworthy after being primed by Confucianism. Combining the evidence …

Persistent link: https://www.econbiz.de/10012459046

Foreign direct investment

Froot, Kenneth (ed.) - 1993

Persistent link: https://www.econbiz.de/10000881399

Affiliates of U.S. and Japanese Multinationals in East Asian Production and Trade

Lipsey, Robert E. - 2000

Since 1977, and in some cases starting before that, most East Asian countries' export patterns in manufacturing have been transformed from industry distributions typical of developing countries to distributions more like those of advanced countries. The process of change in most cases started...

Persistent link: https://www.econbiz.de/10012470927

Lessons from the Asian Crisis

Mishkin, Frederic S. - 2000

This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...

Persistent link: https://www.econbiz.de/10012470928

Banks, Short Term Debt and Financial Crises : Theory, Policy Implications and Applications

Diamond, Douglas W. - 2000

Short-term borrowing has often been blamed for precipitating financial crises. We argue that while the empirical association between a financial institution's, or country's, short-term borrowing and susceptibility to crises may, in fact, exist, the direction of causality is often precisely the...

Persistent link: https://www.econbiz.de/10012470986

Indian Manufacturing Industry : Elephant or Tiger? New Evidence on the Asian Miracle

Hulten, Charles R. - 1999

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and compare the results to those obtained by Young for the East Asian Tigers. We then interpret our results in light of Krugman's hypothesis that, because the Asian Miracle was...

Persistent link: https://www.econbiz.de/10012471341

Banks, the IMF, and the Asian Crisis

Kho, Bong-Chan - 1999

This paper examines the impact of the Asian crisis on bank stocks across four Western countries and six Asian countries. In the second half of 1997, Western banks experienced positive returns. In contrast East Asian bank indices incurred losses in excess of 60% in each of the crisis countries....

Persistent link: https://www.econbiz.de/10012471423

No Contagion, Only Interdependence : Measuring Stock Market Co-movements

Forbes, Kristin - 1999

This paper examines stock market co-movements. It begins with a discussion of several conceptual issues involved in measuring these movements and how to test for contagion. Standard tests examine if cross-market correlation in stock market returns increase during a period of crisis. The measure...

Persistent link: https://www.econbiz.de/10012471523

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