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developing Asia up to 2050. Using a simple stylized model and the National Transfer Accounts data set, we simulate the effect of … still-growing working-age populations. Overall, our simulation results indicate that Asia's population aging will adversely …
Persistent link: https://www.econbiz.de/10012986580
This paper revisits the impact of population aging on economic growth. In order to understand the impact of population aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our empirical analysis indicates that a change in age...
Persistent link: https://www.econbiz.de/10014095110
The transition in the People's Republic of China from a centrally planned economy to a market-based economy is widely acclaimed for leading to unprecedented economic growth, but there is a growing awareness of the social strains accompanying that growth such as the lagging development of the...
Persistent link: https://www.econbiz.de/10013109764
This study examines the effects of capital account restrictions on capital flows in nine Asian economies over the period 1995-2005 using panel regressions with fixed effects. The results show that capital controls significantly affect capital flows when such flows are disaggregated by asset type...
Persistent link: https://www.econbiz.de/10013128050
conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in …
Persistent link: https://www.econbiz.de/10013128661
commonality through return and volatility. Cross-market liquidity commonality in Asia increased significantly during and after the …
Persistent link: https://www.econbiz.de/10013128663
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long … Asia's growth. Our results also confirm the relevance of supply-side factors, in particular human capital and openness to … trade, for developing Asia's medium- and long-term growth. The overarching implication for policy makers is that supply …
Persistent link: https://www.econbiz.de/10013131314
of developing Asia, compared to the world average. The findings from panel instrumental variable regression confirm … of developing Asia, where this effect appears to be strongest. By contrast, domestic trade potential represented by … country size is found to be less relevant a factor in explaining the rise in income of developing Asia. In light of a likely …
Persistent link: https://www.econbiz.de/10013131315
In this paper, we analyze the determinants of the domestic saving rate in developing Asia during 1966-2007 and find … project future trends in domestic saving rates in developing Asia for 2011-2030 based on our estimation results, and find that … the aging of the population will be the main determinant of future trends in domestic saving rates in developing Asia …
Persistent link: https://www.econbiz.de/10013135315
This study reviews and analyzes the changes in total factor productivity (TFP) growth in 12 Asian economies – the People's Republic of China; Hong Kong, China; India; Indonesia; the Republic of Korea; Malaysia; Pakistan; the Philippines; Singapore; Taipei, China; Thailand; and Viet Nam – for the...
Persistent link: https://www.econbiz.de/10013135316