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Modi's "Make in India" industrial reform policy and East Asian flying-geese paradigm
Nam, Chang-woon; Nam, Sumin; Steinhoff, Peter - 2017
The on-going "Make in India" campaign aims at manufacturing revival. Its characteristics resemble East Asian industrial reform and growth policies based on the flying-geese model which highlights "step-by-step" changes in a country's specialisation pattern and global competitiveness accompanied...
Persistent link: https://www.econbiz.de/10011646272
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Local capital scarcity and small firm growth : evidence from real estate booms in China
Hau, Harald; Ouyang, Difei - 2019
In geographically segmented credit markets, local real estate booms can deteriorate the funding conditions for small manufacturing firms and undermine their competitiveness. Using exogenous variation in the administrative land supply across 172 Chinese cities, we show that higher predicted real...
Persistent link: https://www.econbiz.de/10012120233
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'By a silken thread' : regional banking integration and pathways to financial development in Japan's Great Recession
Hoffmann, Mathias; Okubo, Toshihiro - 2013
How do financial development and financial integration interact? We focus on Japan's Great Recession after 1990 to … reference to prefectures' different historical pathways to financial development. After Japan's opening to trade in the 19th …, the main export hub for silk, provided silk reelers with trade loans. Many regional banks in Japan were founded as local …
Persistent link: https://www.econbiz.de/10009691621
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Economic growth and endogenous fiscal policy : in search of a data consistent general equilibrium model
Malley, James R.; Philippopulos, Apostolēs - 2000
explaining the interaction between private agents and fiscal authorities in the U.S., West Germany, Japan and the U.K. over the … is necessary to formally test the models' theoretical restrictions. In West Germany and Japan there is evidence that the …
Persistent link: https://www.econbiz.de/10009781505
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Terms of trade, catch-up, and home market effect : the example of Japan
Urban, Dieter M. (contributor) - 2007
Persistent link: https://www.econbiz.de/10003624594
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Exchange rate regime, financial market bubbles and long-term growth in China : lessons from Japan
Schnabl, Gunther - 2016
constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan - at different points of time - self-fulfilling runs …
Persistent link: https://www.econbiz.de/10011475972
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Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economies
Nam, Chang-woon - 2002
NICs for the period 1980-95 and compares their specialisation pattern with that of more advanced economies like Japan, West …
Persistent link: https://www.econbiz.de/10011409015
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Will stability last?
Martin, Will (contributor); Rowthorn, Bob (contributor) - 2004
the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic …
Persistent link: https://www.econbiz.de/10002521030
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Identifying the effects of place-based policies : causal evidence from German
Dettmann, Eva; Brachert, Matthias; Titze, Mirko - 2016
The German government provides discretionary investment grants to structurally weak regions to reduce regional disparities. We use a regression discontinuity design that exploits an exogenous discrete jump in the probability of receiving investment grants, to identify the causal effects of the...
Persistent link: https://www.econbiz.de/10011475960
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...
Persistent link: https://www.econbiz.de/10012026451