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The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism -- hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia...
Persistent link: https://www.econbiz.de/10012778171
this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian … colonies, including Korea, Taiwan and Palau. In 1939 Japan began to survey and register private land in its island colonies, an … land registration obsolete. Third, considering all of Japan's colonies, we use the presence or absence of a land survey as …
Persistent link: https://www.econbiz.de/10013135762
prices of East Asian economies including China, Japan, Hong Kong, South Korea, and Taiwan. We find significant and positive …
Persistent link: https://www.econbiz.de/10013071915
This paper reaches seven conclusions regarding the Yen Bloc that Japan is reputed to be forming in Pacific Asia. (1 … is no evidence of a special Japan effect. (3) Once one properly accounts for rapid growth in Asia, the statistics do not … Asian countries, though overall its influence is as yet no greater than that of New York. (6) Some of Japan's financial and …
Persistent link: https://www.econbiz.de/10013218103
Since 1977, and in some cases starting before that, most East Asian countries' export patterns in manufacturing have been transformed from industry distributions typical of developing countries to distributions more like those of advanced countries. The process of change in most cases started...
Persistent link: https://www.econbiz.de/10013224859
This paper uses new firm level data from five East Asian countries to explore the patterns of manufacturing productivity across the region. One of the striking patterns that emerges is how the extent of openness and the competitiveness of markets affects the relative productivity of firms across...
Persistent link: https://www.econbiz.de/10013232143
Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the …
Persistent link: https://www.econbiz.de/10012947025
differential effects on the performance of the IT industries in the United States and Japan. Using a broad unbalanced panel of US …
Persistent link: https://www.econbiz.de/10013069641
ask the following question: how much did the apparent closure of the Japanese market to imports affect Japan's export … otherwise have been uncompetitive both at home and abroad. We find, however, that Japan's home market protection nonetheless … produced more costs than benefits for Japan …
Persistent link: https://www.econbiz.de/10013232915
Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...
Persistent link: https://www.econbiz.de/10013309220