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In this paper Pasinetti’s model of structural economic dynamics (1981) is extended to consider international economic relations. Conditions for full employment, full expenditure of income and equilibrium of the trade balance are established for an open economy that requires capital goods to...
Persistent link: https://www.econbiz.de/10011258954
analyses which include a focus on China, Japan, Brazil, and South Africa, this paper not only highlights why there is need for …
Persistent link: https://www.econbiz.de/10011107937
Baldwin and Richardson (1972) and Miyagiwa (1991) laid out the conditions under which a home-bias in public procurement is rendered ineffective as a protectionist device. Since then there has been little empirical work on this subject. In this paper, we bridge this gap by building a new dataset...
Persistent link: https://www.econbiz.de/10011108549
from 1995 to 2008. In recent years Japan has gone from being a net receiver of international bank lending of US$230 billion …
Persistent link: https://www.econbiz.de/10011109101
that the Anglo-Saxon financial system is inferior to that of Japan and Germany and puts the former countries at a …
Persistent link: https://www.econbiz.de/10011109519
This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory model may no longer apply in many concentrated ownership...
Persistent link: https://www.econbiz.de/10011109640
On March 11, 2011 the strongest recorded in Japan earthquake occurred which triggered a powerful tsunami and caused a …. in North-eastern Japan and beyond Due to the scale of the disasters and the number of affected agents, the effects … Match 2011 earthquake, tsunami and Fukushima nuclear accident in Japan. Firstly, a short description of the three events is …
Persistent link: https://www.econbiz.de/10011110749
, margin of trade between Japan and China after China's entry into the World Trade Organization in 2001. The new goods account … for 15.9% of Japanese exports to China and 22% of Chinese exports to Japan after trade liberalization. For the case of … Chinese exports to Japan, a time series measure shows the growth in new goods coincides with the timing of the trade …
Persistent link: https://www.econbiz.de/10011111531
This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory model may no longer apply in many concentrated ownership...
Persistent link: https://www.econbiz.de/10011112064
Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently … of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is …
Persistent link: https://www.econbiz.de/10011257823