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East Asian Financial and Economic Development
Morck, Randall - 2017
over a single generation. China now seems poised to follow a similar trajectory. All three cases highlight the importance …
Persistent link: https://www.econbiz.de/10012947025
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How Does Corporate Governance Risk at Home Affect Investment Choices Abroad?
Kim, Woochan - 2010
Disparity between control and ownership rights gives rise to the risk of tunneling by the controlling shareholder, and is prevalent in many emerging market economies and present in some developed countries. At the same time, international investors come from different countries whose home...
Persistent link: https://www.econbiz.de/10012759626
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Capital Flows in Asia
Ito, Takatoshi - 2021
This paper characterizes the capital flows in Asia before and after the Asian currency crisis of 1997. Differences in foreign direct investment, portfolio investment, and bank lending are emphasized. There are common factors and idiosyncratic factors to the role of capital flows in the currency...
Persistent link: https://www.econbiz.de/10013221289
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Son Preference, Sex Selection and Economic Development : The Case of South Korea
Edlund, Lena - 2013
Sex ratios at birth in South Korea reached 116.5 boys per 100 girls in 1990, but have since declined. In 2007, sex ratios were almost normal, a development heralded as a sign that son preference and sex choice have vanished. However, normal sex ratios imply neither. We show that over the last 60...
Persistent link: https://www.econbiz.de/10013089013
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Intellectual Property Rights, Foreign Direct Investment, and Industrial Development
Branstetter, Lee - 2014
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of...
Persistent link: https://www.econbiz.de/10013070725
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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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Host-Country Financial Development and Multinational Activity
Bilir, Kamran - 2014
This paper evaluates the influence of host-country financial conditions on the global operations of multinational firms. Using detailed U.S. data, we establish that financial development in a country is associated with relatively more entry by multinational affiliates, as well as with higher...
Persistent link: https://www.econbiz.de/10013055496
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Are Commodity Futures Prices Barometers of the Global Economy?
Hu, Conghui - 2013
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
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Panel Forecasts of Country-Level Covid-19 Infections
Liu, Laura - 2020
We use dynamic panel data models to generate density forecasts for daily Covid-19 infections for a panel of countries/regions. At the core of our model is a specification that assumes that the growth rate of active infections can be represented by autoregressive fluctuations around a downward...
Persistent link: https://www.econbiz.de/10012833111
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The Economic Burden of Chronic Diseases : Estimates and Projections for China, Japan, and South Korea
Bloom, David E. - 2017
China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular … non-communicable diseases over the period 2010-2030 are $16 trillion for China (measured in real USD with the base year …-effectiveness analysis by identifying some intervention strategies to reduce disease prevalence in China that are cost beneficial and …
Persistent link: https://www.econbiz.de/10012951354