Showing 1 - 10 of 1,219
of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong …
Persistent link: https://www.econbiz.de/10012474252
We examine the factors that determine the differences in ex ante returns on equities in eleven Pacific Basin countries. Our concern is whether real return differentials are primarily caused by nominal return differentials or expected changes in real exchange rates. We find that nominal return...
Persistent link: https://www.econbiz.de/10012474281
large devaluation episodes: Argentina (2001), Brazil (1999), Korea (1997), Mexico (1994), and Thailand (1997). We conduct a …
Persistent link: https://www.econbiz.de/10012467701
Are the well-known facts about urbanization in the United States also true for the developing world? We compare American metropolitan areas with comparable geographic units in Brazil, China and India. Both Gibrat's Law and Zipf's Law seem to hold as well in Brazil as in the U.S., but China and...
Persistent link: https://www.econbiz.de/10012456671
subcontracting. `Illegal' trade between China and Taiwan has been induced by Taiwan's `no direct trade' policy. Illegal trade such as …
Persistent link: https://www.econbiz.de/10012473253
Hard pegs, such as currency boards, intend to reduce or even eliminate currency risk. This paper investigates the patterns and determinants of the currency risk premium in two currency boards -- Argentina and Hong Kong. Despite the presumed rigidity of currency boards, the currency premium is...
Persistent link: https://www.econbiz.de/10012469666
To American and European economists in 1945, the countries of Asia were unpromising candidates for high economic growth. In 1950 even the most prosperous of these countries had a per capita income less than 25 percent of that of the United States. Between the mid-1960s and the end of the...
Persistent link: https://www.econbiz.de/10012467938
equilibria is consistent with the observation that some similar economies, such as Taiwan and South Korea, differ substantially …
Persistent link: https://www.econbiz.de/10012466919
that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea … markets. In this paper we use micro panel data for producers in seven two-digit manufacturing industries in South Korea and … Taiwan and identify a number of systematic differences in industry structure between the two countries. Our empirical …
Persistent link: https://www.econbiz.de/10012469949
This paper examines patterns of knowledge diffusion from US and Japan to Korea and Taiwan using patent citations as an … knowledge diffusion over time, we have found that knowledge diffusion from US and Japan to Korea and Taiwan exhibits quite …
Persistent link: https://www.econbiz.de/10012470190