Showing 1 - 10 of 487
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate …
Persistent link: https://www.econbiz.de/10011658042
emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …
Persistent link: https://www.econbiz.de/10011654611
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Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the … challenges faced by the Asian “noodle bowl” — overlapping, multiple trade rules, regulations, and standards in Asia — in the … among Asian economies that have formed Asian supply chains, called Factory Asia. It then considers ways and means of …
Persistent link: https://www.econbiz.de/10013077731
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011309224
When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of about 40,000 observations on trade flows within and across the borders of Germany over the period 1885-1933, I explore the geography of trade costs across Central Europe. There...
Persistent link: https://www.econbiz.de/10003771795
This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...
Persistent link: https://www.econbiz.de/10009722414
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What are the dynamic consequences of comprehensive integration shocks? The answer to this question appears all but trivial. We set up a dynamic macroeconomic model of a small open economy where both capital and labor are mobile and there are increasing returns to scale at the aggregate level....
Persistent link: https://www.econbiz.de/10009665817