Showing 1 - 10 of 158
From 1994 to 2006, the average household saving rate in the Philippines declined by 5.2 percentage points to about a mere 5% of disposable income. Using data from income and expenditure survey at the household level, this paper explains why households' consumption growth had been higher than...
Persistent link: https://www.econbiz.de/10013142883
effect of a particular feature of the institutional landscape, namely corruption, on entrepreneurship. It is expected that … corruption discourages entrepreneurship since it undermines fair competition. We employ two proxies for entrepreneurship that are … from the World Bank Group Entrepreneurship Survey. We find that better control of corruption promotes entrepreneurship. Our …
Persistent link: https://www.econbiz.de/10014077526
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
Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA … encourage a regionwide FTA. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia …
Persistent link: https://www.econbiz.de/10013135317