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Betrieben möglich ist. Aus der Datenbank wurde ein Panel von 87 Dienstleistungskonzernen gezogen, das je nach Erhebungsjahr … operations. A panel with 87 companies had been drawn from the Database Globalization, covering between 36 and 45 percent of total …
Persistent link: https://www.econbiz.de/10009447148
The launch of the economic and monetary union in Europe and the 1997 financial crisis that underscored the disadvantages of currently employed exchange rate regimes raised questions about the feasibility of a similar monetary unification project for East Asia. Being one of the most dynamically...
Persistent link: https://www.econbiz.de/10009441820
panel econometric approach. First, the long-run relationship between the agriculture growth and its explanatory variable was … investigated by applying the IPS unit root test and Pedroni panel cointegration test. The results indicated that all variables … that contributed to growth in China, Malaysia, Indonesia, Philippines, and Thailand. Thus, promoting trade policy in these …
Persistent link: https://www.econbiz.de/10009442485
- China, Japan, Singapore, South Korea, and Taiwan - from 1989 to 1998. The results indicated that a complementary …
Persistent link: https://www.econbiz.de/10009446897
Professor Kojima of Hitotsubashi University is a leading Japanese economist in international economics. Two of his major ideas are reviewed: a theory of pro-trade FDI and an extended "flying-geese" theory of industrial development. Kojima's pro-trade FDI (which rests on the doctrine of...
Persistent link: https://www.econbiz.de/10009472317
This paper uses a survey of 1,826 firms distributed over ten East Asian metropolitan areas – Jakarta, Kuala Lumpur, Manila, Seoul, and five Chinese cities – to investigate the sources of firm-level R&D capabilities. The analysis identifies the impact of 23 survey variables, classified by...
Persistent link: https://www.econbiz.de/10009477153
Introduction: A mere decade ago Japan’s financial system, and especially its banking system, was not only the largest but the strongest in the world. Nine of the world’s top ten banks in asset size were Japanese; the Big Four Japanese securities companies were the world’s largest; and its...
Persistent link: https://www.econbiz.de/10009451446
Is foreign direct investment (FDI) more resilient at the onset of an economic crisis and the subsequent economic collapse in a given host country compared to other forms of foreign capital inflows? Are affiliates of multinational enterprises in a crisis-hit country better equipped to withstand a...
Persistent link: https://www.econbiz.de/10009451532
Before the financial crisis, a number of east Asian economies managed their exchange rates with the aim of stabilising the value of their currency against a basket of key major currencies, but overwhelmingly the US dollar (Frankel and Wei 1994). This suited these economies in the first half of...
Persistent link: https://www.econbiz.de/10009451731
There is a growing appetite in East Asia for thinking about ways to deepen economic and financial policy dialogue, cooperation and integration. This paper aims to inform that debate by examining what data on output, consumption and investment in East Asia reveal about linkages and commonality in...
Persistent link: https://www.econbiz.de/10009451733