Showing 141 - 150 of 228
Both theoretical predictions of Keynesian view and a large body of empirical studies on developed countries suggest that business cycle fluctuations can be partially smoothed by counter-cyclical fiscal policies. Our paper extends this strand of literature by considering the nexus between output...
Persistent link: https://www.econbiz.de/10008805893
"Asian tigers" during the 80s or later, with China’s economy? Once India became an important economic player, it can no … are the prospects regarding economic and political relations between India and China? …
Persistent link: https://www.econbiz.de/10008835347
This paper attempts to find the long run relation with short run dynamics of China’s trade in Asia and the world. Co …-integration technique provides the economic integration of China’s export to the US and its import from Asian nations. This study observed … that China is economically integrated with Asia and the world. China has double role in international trade – (i) China …
Persistent link: https://www.econbiz.de/10009151125
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
and China, I argue that fiscal expenditure constraints, debt control, and surplus accumulation in common time are most …
Persistent link: https://www.econbiz.de/10008602754
This paper examines whether investors exhibit a New Year's gambling preference and whether such preference impacts prices and returns of assets with lottery features. In January, calls options have higher demand than put options, especially by small investors. In addition, relative to...
Persistent link: https://www.econbiz.de/10008636503
The paper focuses on China’s economic integration with Asia region and the world. It also attempts to find the long run … relation with short run dynamics of China’s trade in Asia and the world. The augmented Dicky-Fuller (ADF) and Phillips … the economic integration of China’s export to the US and its import from Asian nations using monthly aggregate data from …
Persistent link: https://www.econbiz.de/10011271304
investment in two major Asian economies, namely India and China. Autoregressive Distributed Lag (ARDL) bounds testing procedure … growth and (2) from economic growth to services. As for China, only unidirectional causality from services sector to economic …
Persistent link: https://www.econbiz.de/10005786970
This paper examines for the first time the relationship between China banks’ efficiency and its share price performance … efficiency, while controlling for other bank specific traits. The empirical findings suggest that large China banks have …, while the medium sized banks have exhibited higher scale efficiency. The relationship between China banks’ efficiency and …
Persistent link: https://www.econbiz.de/10005787004
inequality. In each case, we discuss recent and possible policy reforms. We make comparisons with China’s federal system where …
Persistent link: https://www.econbiz.de/10005787082