Narrow search
Showing 1 - 10 of 225
Cover Image
Saving, investment, and current account surplus in developing Asia
Park, Donghyun; Shin, Kwanho - 2009
saving. The central objective of this paper is to investigate the extent to which the saving and investment rate of Asian … countries can be explained by the underlying fundamental determinants of saving and investment such as gross domestic product … promoting consumption rather than investment. …
Persistent link: https://www.econbiz.de/10003832264
Cover Image
Capital flows and economic growth in the era of financial integration and crisis : 1990 - 2010
Aizenman, Joshua; Jinjarak, Yothin; Park, Donghyun - 2011
, portfolio investment, equity investment, and shortterm debt. We follow about 100 countries during 1990-2010 when emerging …. -- Capital flows ; economic growth ; FDI ; portfolio investment ; equity investment ; short-term debt ; financial integration …
Persistent link: https://www.econbiz.de/10009316233
Cover Image
Skewed credit and growth dynamics after the global financial crisis
Estrada, Gemma; Erce, Aitor; Park, Donghyun; Rojas, Juan A. - 2018
A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. We contribute to the finance-growth literature by examining the role of credit growth skewness and long-run growth. Earlier literature found that...
Persistent link: https://www.econbiz.de/10011913754
Cover Image
Heterogeneous effect of uncertainty on corporate investment : evidence from listed Korean firms
Kim, Cheonkoo; Park, Jungsoo; Park, Donghyun; Tian, Shu - In: International journal of empirical economics 2 (2023) 4, pp. 1-26
In this study, we analyse the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … constraints and investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the …
Persistent link: https://www.econbiz.de/10014491718
Cover Image
Heterogeneous effect of uncertainty on corporate investment : evidence from listed firms in the Republic of Korea
Kim, Cheonkoo; Park, Jungsoo; Park, Donghyun; Tian, Shu - 2022
In this paper, we analyze the effect of financial uncertainty on corporate investment using firm-level panel data from … the Republic of Korea. We find that financial uncertainty has a significant negative effect on corporate investment, and … investment irreversibility amplify the negative effect of uncertainty. The inverted U-shaped curve of the uncertainty effect …
Persistent link: https://www.econbiz.de/10012820828
Cover Image
Foreign and Domestic Investment in Global Bond Markets
Park, Donghyun - 2018
domestic investment biases in 41 global bond markets. We find that foreign investors significantly overweigh markets that offer … better risk–return profiles. In addition, greater market openness and sound macroeconomic outlook attract foreign investment …
Persistent link: https://www.econbiz.de/10012917758
Cover Image
How growth deceleration in the People's Republic of China affects other Asian economies : an empirical analysis
Lee, Minsoo; Park, Donghyun; Ramayandi, Arief - 2016
Developing Asia has benefited greatly from the rise of the People’s Republic of China (PRC), primarily through the trade channel. The PRC and its neighbors have collectively formed a regional production network, and the PRC is becoming an increasingly important source of final demand. Two...
Persistent link: https://www.econbiz.de/10011658863
Cover Image
The People's Republic of China as an engine of growth for developing Asia? : evidence from vector autoregression models
Park, Donghyun; Shin, Kwanho - 2009
Developing Asia has traditionally relied on exports to the United States (US) and other industrialized countries for demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global financial and economic crisis has sharply curtailed gross...
Persistent link: https://www.econbiz.de/10003899275
Cover Image
Skewed Credit and Growth Dynamics after the Global Financial Crisis
Estrada, Gemma Bolotaulo - 2019
A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. We contribute to the finance–growth literature by examining the role of credit growth skewness and long-run growth. Earlier literature found that...
Persistent link: https://www.econbiz.de/10012892028
Cover Image
How Growth Deceleration in the People's Republic of China Affects Other Asian Economies : An Empirical Analysis
Lee, Minsoo - 2016
Developing Asia has benefited greatly from the rise of the People's Republic of China (PRC), primarily through the trade channel. The PRC and its neighbors have collectively formed a regional production network, and the PRC is becoming an increasingly important source of final demand. Two...
Persistent link: https://www.econbiz.de/10012986576