Showing 1 - 10 of 235
China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing … 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
friendly goods and technologies. The Comparative advantage analyses indicate that Hong Kong, China, and Japan have comparative … China, Hong Kong and Japan, and Asia Pacific region are major exporter of CFG during 2002-2008. Competitiveness of India …, China and South Korea has improved in 2008. Pakistan, Sri-Lanka, and India prefer to trade in CFG regionally and have shown …
Persistent link: https://www.econbiz.de/10011113190
In questo lavoro, s’intende mostrare come le decisioni adottate in materia di finanza pubblica all’indomani dell’unificazione politica dello Stato italiano, o per meglio dire del Regno d’Italia, abbiano influito negativamente sui meccanismi della produzione e della redistribuzione della...
Persistent link: https://www.econbiz.de/10009650685
Using data from 1991 to 2006 in Hong Kong, this paper documents how the distribution of workers’ earnings and the inequality of immigrants’ and natives’ earnings changed over time. We decompose earnings inequality to explore how the changes in immigrants’ share of the labor force have...
Persistent link: https://www.econbiz.de/10011259925
This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...
Persistent link: https://www.econbiz.de/10009370834
House prices crash has become an important feature of macroeconomic crisis. We argue that house prices crash driven by contractionary monetary policy is not only a reaction to crisis, but also accelerates and amplifies the fluctuations of major macroeconomic variable. In this paper, we conduct a...
Persistent link: https://www.econbiz.de/10009372559
This work applies the FAVAR model to forecast GDP growth rate, unemployment rate and inflation rate of the Hong Kong economy. There is no factor model forecasting literature on the Hong Kong economy. The objective is to find out whether factor forecasting of using a large dataset can improve...
Persistent link: https://www.econbiz.de/10009228917
Given the adoption of the linked exchange rate since October 1983, fiscal policy becomes the only measurement for stabilizing the Hong Kong economy. This paper attempts to establish a framework for evaluating the fiscal effect to prevent the abuse of fiscal measures. The empirical study of Jha...
Persistent link: https://www.econbiz.de/10011111099
The crash of house prices has become an important feature of macroeconomic crisis. We argue that the crash of house prices driven by contractionary monetary policy is not only a reaction, but also accelerates and amplifies the fluctuations of major macroeconomic variables. The impulse response...
Persistent link: https://www.econbiz.de/10011113782
By using a growth accounting framework for the period 1980-2000, this paper estimates Hong Kong’s total factor productivity and unit labor cost of twenty industries classified into three economic sectors of tradable goods, tradable services and non-tradable services. The results show that Hong...
Persistent link: https://www.econbiz.de/10009647432