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The purpose of this paper is to evaluate the impact of trade cost reduction on the Asian economy by employing a sub-national level model based on New Economic Geography. Our model comprises seven sectors, including manufacturing and non-manufacturing sectors, and 1,715 regions in 18...
Persistent link: https://www.econbiz.de/10010902751
This paper examines the effect of capital controls on the response of investment to savings in Pacific Basin countries. A robust finding is that the size of the savings coefficient tends to be smaller (larger) in countries with relatively higher (lower) capital controls. Additionally, relaxation...
Persistent link: https://www.econbiz.de/10005352356
—to compete in the 21st Century global economy? Countries including China, Korea, Japan and Singapore have begun to integrate … Kong and Taiwan), Korea and Singapore are complemented with comparisons to trends in national policy and private sector … practice in Japan and the United States. Preliminary findings indicate that while progress has been made towards establishing …
Persistent link: https://www.econbiz.de/10009393784
This paper is an overview of the social welfare systems of five East Asian countries, namely Japan, Korea, Taiwan, Hong … privately financed welfare programmes; (ii) Korea and Taiwan's public welfare expenditures will grow significantly in the coming … welfare, which will put an extra burden on her welfare state; (iv) Japan and Korea's enterprises are challenged in their chief …
Persistent link: https://www.econbiz.de/10009201165
Persistent link: https://www.econbiz.de/10008456493
capabilities, and their influence on market performance, among leading TFT-LCD producers in Japan, Korea, and Taiwan. The empirical … results suggest that TFT-LCD producers in Korea and Taiwan built innovation capabilities by creating complementary knowledge …
Persistent link: https://www.econbiz.de/10010572696
This study uses factor analysis to simplify the complex relationships among stock markets and to reduce the number of markets required for portfolio construction. Our sample consists of the US and 11 Asia-Pacific stock markets. We find that the reduced portfolio obtained from factor analysis has...
Persistent link: https://www.econbiz.de/10008755259
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Persistent link: https://www.econbiz.de/10005078149
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