Showing 1 - 10 of 1,157
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012922984
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012867903
The international production and distribution networks consist of vertical production chains and distribution networks extended across a number of countries. This paper claims that the international production and distribution networks in East Asia present distinctive characters in their...
Persistent link: https://www.econbiz.de/10013233467
residuals are large enough to be viewed as indicators of involuntary' accumulation of excess reserves. Results for Thailand …
Persistent link: https://www.econbiz.de/10012786267
, Colombia and Mexico -- and three East Asian countries--Korea, Malaysia and Thailand. It identifies a number of potential …
Persistent link: https://www.econbiz.de/10013230779
By looking at how an East Asian currency moves when the yen fluctuates sharply against the US dollar, we sometimes find that the reaction has been much more significant than would be suggested by the econometric estimates of the weight of the yen in nominal exchange rate determination. Moreover,...
Persistent link: https://www.econbiz.de/10013246656
This paper analyzes the macroeconomic adjustment from the crisis in East Asia in a broad international prospective. The stylized pattern from the previous 160 currency crisis episodes over the period from 1970 to 1995 shows a V-type adjustment of real GDP growth in the years prior to and...
Persistent link: https://www.econbiz.de/10013227193
The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others … advantage and home market effects (HME) that arise from the interaction between increasing returns to innovation and … of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although …
Persistent link: https://www.econbiz.de/10013035693
strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having …
Persistent link: https://www.econbiz.de/10013054035
the israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for …
Persistent link: https://www.econbiz.de/10013213067