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This paper estimates the relative price sensitivity of individuals' choice of whether to buy computers online versus in retail stores using a new data source on the computer purchase behavior of more than 20,000 people. To estimate the degree of competition between the two channels, the paper...
Persistent link: https://www.econbiz.de/10012470369
Capital market liberalization has become an irreversible trend in Korea since 1992. With the current level of high interest rate in Korea, however, drastic full-scale liberalization would certainly attract a large amount of capital inflows and appreciate the Korean won. This would affect the...
Persistent link: https://www.econbiz.de/10012473004
This paper examines two potential channels of knowledge acquisition that underlie firm productivity growth in the Taiwanese electronics industry: participation in the export market and investments in R&D and/or worker training. We focus on the argument that a firm's own investments in R&D are...
Persistent link: https://www.econbiz.de/10012466897
This paper examines patterns of knowledge diffusion from US and Japan to Korea and Taiwan using patent citations as an … knowledge diffusion over time, we have found that knowledge diffusion from US and Japan to Korea and Taiwan exhibits quite …
Persistent link: https://www.econbiz.de/10012470190
and the New Taiwan dollar. For these currencies, interest rates and money supplies move to restore equilibrium. In ex post … simulation, the out-of-sample fit of the estimated models is relatively good for the won, Singapore and New Taiwan dollars, and …
Persistent link: https://www.econbiz.de/10012472139
data collected in the manufacturing censuses in South Korea and Taiwan to study the linkages between a producer's total … importance of selection and learning forces. In Taiwan, transitions of firms in and out of the export market reflect systematic …, the evidence of self-selection on the basis of productivity is much weaker. In addition, unlike Taiwan, we find no …
Persistent link: https://www.econbiz.de/10012472250
We evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan. Our empirical work relies …. We test whether changes in the variety of these inputs, for Taiwan relative to Korea, are correlated with the growth in … total factor productivity (TFP) in each sector, again measured in Taiwan relative to Korea. We find that changes in relative …
Persistent link: https://www.econbiz.de/10012472789
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/10012473014
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/10012473530
Most explanations of Korea's and Taiwan's economic growth since the early 1960s place heavy emphasis on export …
Persistent link: https://www.econbiz.de/10012473935