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Preferences about the vertical distribution of power in federal systems are not well understood. I argue that negative historical experiences with higher-level governments can plausibly raise demands for exit strategies and a devolution of power. But integration, for instance delegating power...
Persistent link: https://www.econbiz.de/10012171727
In recent decades, Southeast Asian economies have prospered through an outward-oriented strategy, through intra-regional integration under the Association of the Southeast Asian Nations (ASEAN) initiative and through participating in the East Asian production networks. In the 1970-80ś, South...
Persistent link: https://www.econbiz.de/10009540111
Employing a wide range of individual-level surveys, we study the extent of cultural and institutional heterogeneity within the EU and how this changed between 1980 and 2008. We present several novel empirical regularities that paint a complex picture. While Europe has experienced both systematic...
Persistent link: https://www.econbiz.de/10011653722
The quasi-exogenous division of the French regions Alsace and Lorraine after the Franco- Prussian War allows us to provide evidence about group identity formation within historically homogeneous regions. We use several measures of stated and revealed preferences at the municipal-level in a...
Persistent link: https://www.econbiz.de/10012124844
In last few decades, Asian production networks have contributed significantly toward the rapid trade expansion and economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them to the People Republic of China (PRC) and ASEAN for...
Persistent link: https://www.econbiz.de/10009571750
In view of rising inequality in fast growing Asian developing countries, it is important to study the relationship between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can bear a complex and non-linear relationship if policy...
Persistent link: https://www.econbiz.de/10010531112
The rapid growth of ASEAN economies, the People's Republic of China and India (called ACI henceforth) - major drivers of Asia and the world economy - during the last five decades has caused significant strains on their scarce resources, particularly energy and contributed to serious problems of...
Persistent link: https://www.econbiz.de/10011300352
This paper investigates whether the RMB is in the process of replacing the US dollar as the anchor currency in nine ASEAN countries, and also the linkages between the ASEAN currencies and a regional currency unit. A long-memory (fractional integration) model allowing for endogenously determined...
Persistent link: https://www.econbiz.de/10011502929