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Relative Returns on Equities in Pacific Basin Countries
Engel, Charles M. - 2010
We examine the factors that determine the differences in ex ante returns on equities in eleven Pacific Basin countries. Our concern is whether real return differentials are primarily caused by nominal return differentials or expected changes in real exchange rates. We find that nominal return...
Persistent link: https://www.econbiz.de/10012763463
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The Tyranny of Numbers : Confronting the Statistical Realities of the East Asian Growth Experience
Young, Alwyn - 2021
of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong …
Persistent link: https://www.econbiz.de/10013233017
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Government Interventions and Productivity Growth in Korean Manufacturingindustries
Lee, Jong-Wha - 2011
This paper investigates the impact of government industrial policy and trade protection of the manufacturing sector in Korea. Empirical results are provided, using 4-period panel data for the years 1963-83, for 38 Korean industries in which trade protection reduced growth rates of labor...
Persistent link: https://www.econbiz.de/10013125821
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The Yen and its East Asian Neighbors, 1980-1995 : Cooperation or Competition?
Takagi, Shinji - 2021
closely with a depreciating yen, suggesting the countries' emphasis on export promotion. The Singapore dollar, on the other …
Persistent link: https://www.econbiz.de/10013246656
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High Performing Asian Economies
Fogel, Robert W. - 2021
To American and European economists in 1945, the countries of Asia were unpromising candidates for high economic growth. In 1950 even the most prosperous of these countries had a per capita income less than 25 percent of that of the United States. Between the mid-1960s and the end of the...
Persistent link: https://www.econbiz.de/10013227236
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Trade, Foreign Investment, and Industrial Policy for Developing Countries
Harrison, Ann E. - 2010
In this paper we explore the popular but controversial idea that developing countries benefit from abandoning policy neutrality vis-a-vis trade, FDI and resource allocation across industries. Are developing countries justified in imposing tariffs, subsidies, and tax breaks that imply distortions...
Persistent link: https://www.econbiz.de/10013151144
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Accounting for Chinese Trade : Some National and Regional Considerations
Fung, K. C. - 2021
subcontracting. `Illegal' trade between China and Taiwan has been induced by Taiwan's `no direct trade' policy. Illegal trade such as …
Persistent link: https://www.econbiz.de/10013233022
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Productivity, Output, and Failure : A Comparison of Taiwanese and Korean Manufacturers
Aw, Bee Yan - 2012
that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea … Taiwan and identify a number of systematic differences in industry structure between the two countries. Our empirical … producers. These patterns are consistent with strong competitive pressures in Taiwan that lead to market selection based on …
Persistent link: https://www.econbiz.de/10013114763
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Financial and Capital Account Liberalization in the Pacific Basin : Korea and Taiwan During the 1980's
Chinn, Menzie David - 2008
break for Taiwan. They also differ from those results of Jwa (1994) indicating two temporary openings for Korea. Greater …
Persistent link: https://www.econbiz.de/10012774969
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Trade Strategy, Investment, and Exports : Another Look at East Asia
Rodrik, Dani - 2021
The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export … than its instigator. In economies like South Korea and Taiwan, an increase in investment required an increase in imports of …
Persistent link: https://www.econbiz.de/10013217208