<title>Abstract</title> Critics opine that social capital, despite its importance, provides little empirical insight because it is difficult to measure. This paper develops a broad measure of social capital, incorporating four major components: social trust, norms, social networks, and social structure. We...

The influential Scherer and Ross text (1990, p. 411) states that the main question in empirical industrial organization in the latter part of the twentieth century is Bains (1951) collusion or agreement hypothesis versus Demsetzs (1973) superior firm hypothesis. Prior to the Federal Trade...

The influential Scherer and Ross text (1990, p. 411) states that the ?main question? in empirical industrial organization in the latter part of the twentieth century is Bain?s (1951) ?collusion? or ?agreement? hypothesis versus Demsetz?s (1973) ?superior firm? hypothesis. Prior to the Federal...

Does economic regionalism exist in Northeast Asia? If it does, what is the typical characteristic of economic regionalism in Northeast Asia compared with the economic regionalism in Europe and North America? And, what has it given to the interrelations among the regional countries in terms of...

Contrary to the prevailing views and thoughts on the impact of the Asian financial crisis on the future prospects for regional cooperation in Northeast Asia, the paper attempts to endorse the positive aspects of the issue by emphasizing what they had either overlooked or neglected in their...

Through the Asian financial crisis, many key international economic issues have come to the forefront the stability of the international financial system under the IMF, “Asian values”, the universal validity of the Asian Economic Development Model, China's leadership in the regional world...

This study suggests that the government's attempt to replace the developmental state by introducing neo-liberal axioms is slim. The state that is to emerge in consequence of the economic and financial reforms carried out by the Kim government is distinct from the neo-liberal regulatory state at...