Showing 1 - 10 of 3,697
Since 1977, and in some cases starting before that, most East Asian countries' export patterns in manufacturing have been transformed from industry distributions typical of developing countries to distributions more like those of advanced countries. The process of change in most cases started...
Persistent link: https://www.econbiz.de/10012470927
This paper has examined the factors that affect the pattern of introduction of semiconductor innovations into the …
Persistent link: https://www.econbiz.de/10012479001
Sparked by concerns about their shrinking market share, 14 leading U.S. semiconductor producers, with the financial … -- in 1987. Using Compustat data on all U.S. semiconductor firms, we estimate the effects of Sematech on members' R …
Persistent link: https://www.econbiz.de/10012473925
A coalition of well-organized semiconductor producers along with compliant government agencies (USTR and the Commerce … in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five … protectionism.' This paper examines how the U.S. semiconductor industry became the beneficiary of this unique and unprecedented …
Persistent link: https://www.econbiz.de/10012474180
The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in … implications for gauging the rate of innovation in the semiconductor sector …
Persistent link: https://www.econbiz.de/10012457592
Persistent link: https://www.econbiz.de/10000619741
This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...
Persistent link: https://www.econbiz.de/10012470928
Short-term borrowing has often been blamed for precipitating financial crises. We argue that while the empirical association between a financial institution's, or country's, short-term borrowing and susceptibility to crises may, in fact, exist, the direction of causality is often precisely the...
Persistent link: https://www.econbiz.de/10012470986
We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and compare the results to those obtained by Young for the East Asian Tigers. We then interpret our results in light of Krugman's hypothesis that, because the Asian Miracle was...
Persistent link: https://www.econbiz.de/10012471341
This paper examines the impact of the Asian crisis on bank stocks across four Western countries and six Asian countries. In the second half of 1997, Western banks experienced positive returns. In contrast East Asian bank indices incurred losses in excess of 60% in each of the crisis countries....
Persistent link: https://www.econbiz.de/10012471423