Showing 1 - 10 of 158
The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … 158 economies over the period 2006–2014. The second intention is to use the new index to evaluate empirically the possible … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key …
Persistent link: https://www.econbiz.de/10012835362
We develop an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six … subregions). The index comprises 26 indicators in six dimensions of regional integration, i.e., trade and investment, money and …
Persistent link: https://www.econbiz.de/10012954685
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 … that the main determinants appear to be the aged dependency ratio, income levels, and level of financial development. We … project future trends in domestic saving rates in developing Asia for 2011-2030 based on our estimation results, and find that …
Persistent link: https://www.econbiz.de/10013135315
capital, and research and development capital, in defining the TFP dynamics. The resulting benchmark models from these …
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