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worldtradable goods prices. Indeed, trade prices were fallingthroughout Asia by similar magnitudes, regardless of howmuch each …
Persistent link: https://www.econbiz.de/10005869932
[...]In our view, this apparently surprising immunity of the U.S.economy to the Asia crisis reflects the fact that the …
Persistent link: https://www.econbiz.de/10005869933
Pan-Asianism in Japanese history has not received much scholarly attention so far. Indeed, as some scholars have pointed out (Beasley 1987a), it is questionable whether the notion of an ideology that only existed as a loose set of ideas and, moreover, had its foundations in European concepts,...
Persistent link: https://www.econbiz.de/10005850185
An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries.This is in contrast with neoclassical theory, according to which trade should increase therelative return of the...
Persistent link: https://www.econbiz.de/10008860714
Today rural sector reform is a paramount issue in Indonesian development. Yet, different social actorshave different perspectives and stances towards it. Non-Government Organisations (NGOs) inIndonesia have established themselves in pivotal positions in the social, economic and...
Persistent link: https://www.econbiz.de/10005870471
In this paper we review as well as contribute to the empirical literature on the impact of landreform on agricultural productivity in India. We find that, overall for all states, land-reform legislation had anegative and significant effect on agricultural productivity. However, this hides...
Persistent link: https://www.econbiz.de/10008860723
The well-known inverse relationship between farm size and productivity is usually explained in terms ofdiminishing returns with respect to land and other inputs coupled with various types of market frictions thatprevent the efficient allocation of land across farms. We show that even in the...
Persistent link: https://www.econbiz.de/10008911472
The experience of West Bengal under the panchayat system stands in sharp contrast withthat of other states and, together with land reform, it has been credited for playing animportant role in the impressive economic turnaround of the state since the mid 1980s. WestBengal is the first and the...
Persistent link: https://www.econbiz.de/10008911476
This paper is about contagion and interdependence among Central European economies. It investigates the extent to which country-specific shocks spread across these countries beyond the normal channels of interdependence, taking into account common external shocks. To model such shocks, we make...
Persistent link: https://www.econbiz.de/10005858999
We decompose by origin the sources of the variation in real aggregate output and aggregate price level in the Czech Republic, Hungary and Poland. We find that a sizable fraction of the variation is attributable to external shocks, especially so for aggregate price level. We show that euroarea...
Persistent link: https://www.econbiz.de/10005861844