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The Tyranny of Numbers : Confronting the Statistical Realities of the East Asian Growth Experience
Young, Alwyn - 1994
of Hong Kong, Singapore, South Korea and Taiwan. Participation rates, educational levels and (with the exception of Hong …
Persistent link: https://www.econbiz.de/10012474252
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Relative Returns on Equities in Pacific Basin Countries
Engel, Charles - 1994
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/10012474281
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Government Interventions and Productivity Growth in Korean ManufacturingIndustries
Lee, Jong-Wha - 1995
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/10012473829
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Accounting for Outward Direct Investment from Hong Kong and Singapore : Who Controls What?
Low, Linda - 1996
), we survey information on outward investors from Hong Kong and Singapore with the aim of illuminating the implications of … investment by foreign firms in Hong Kong and Singapore often involves sub- stantial contributions from local staff and partners … of foreign-controlled Hong Kong or Singapore investors suggested that many of the investors were acting as part of an …
Persistent link: https://www.econbiz.de/10012472970
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The Yen and Its East Asian Neighbors, 1980-1995 : Cooperation or Competition?
Takagi, Shinji - 1996
closely with a depreciating yen, suggesting the countries' emphasis on export promotion. The Singapore dollar, on the other …
Persistent link: https://www.econbiz.de/10012473118
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High Performing Asian Economies
Fogel, Robert W. - 2004
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/10012467938
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Trade, Foreign Investment, and Industrial Policy for Developing Countries
Harrison, Ann - 2009
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/10012463389
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The Plant-Level View of an Industrial Policy : The Korean Heavy Industry Drive of 1973
Kim, Minho; Lee, Munseob; Shin, Yongseok - National Bureau of Economic Research - 2021
Does industrial policy work? This is a subject of long-standing debates among economists and policymakers. Using newly digitized microdata, we evaluate the Korean government's policy that promoted heavy and chemical industries between 1973 and 1979 by cutting taxes and building new industrial...
Persistent link: https://www.econbiz.de/10012629472
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The Long-Term Effects of Industrial Policy
Choi, Jaedo; Levchenko, Andrei A. - National Bureau of Economic Research - 2021
This paper provides causal evidence of the impact of industrial policy on firms' long-term performance and quantifies industrial policy's long-term welfare effects. Using a natural experiment and unique historical data during the Heavy and Chemical Industry (HCI) Drive in South Korea, we find...
Persistent link: https://www.econbiz.de/10012629483
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Accounting for Chinese Trade : Some National and Regional Considerations
Fung, K.C. - 1996
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/10012473253