Showing 1 - 10 of 516
. But, after the crisis, Asia's sovereign spreads normalized, despite the debt crisis in the euro area, reflecting a fall in …
Persistent link: https://www.econbiz.de/10013124056
Net capital flows to emerging Asia rebounded at a record pace following the global financial crisis, raising concerns …
Persistent link: https://www.econbiz.de/10013102274
Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of … theory, as well as accounting literature, we find evidence of greater idiosyncratic influences in the pricing of Asia's stock … stock pricing, which suggests that improvements in the regulation of securities markets in Asia could enhance the role of …
Persistent link: https://www.econbiz.de/10013056805
This paper tests for evidence of contagion between the financial markets of Thailand, Malaysia, Indonesia, Korea, and the Philippines. Cross-country correlations among currencies and sovereign spreads are found to increase significantly during the crisis period, whereas the equity market...
Persistent link: https://www.econbiz.de/10013212114
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies: China, India, Indonesia, Malaysia, South Korea, and Thailand. We focus on measuring the impact of quality upgrading on the changes in these countries' sectoral export shares...
Persistent link: https://www.econbiz.de/10012843384
The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise … generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 …
Persistent link: https://www.econbiz.de/10012865837
This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and...
Persistent link: https://www.econbiz.de/10013013822
Using three distinct approaches - statistical filtering, production function, and multivariate model - this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) during 1993–2013. The main findings include: (i)...
Persistent link: https://www.econbiz.de/10013059855
Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus … our analysis is that there is still room to strengthen such policies in Asia to better achieve growth with shared … on inclusive growth could be sizeable in emerging Asia, since the estimated improvement in our proxy of inclusive growth …
Persistent link: https://www.econbiz.de/10013025498