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, Singapore, Hong Kong and Malaysia. …
Persistent link: https://www.econbiz.de/10010967620
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
Kong, Singapore, (South) Korea and Taiwan since the Asian financial crisis. The NIEs have been globally competitive and …
Persistent link: https://www.econbiz.de/10011266440
Persistent link: https://www.econbiz.de/10005346697
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
banking performance in four Asian economies : the People's Republic of China (PRC); Hong Kong, China; Singapore; and Taipei …,China. Both the PRC and Hong Kong, China operate under a fragmented financial regulatory structure, while Singapore and Taipei …
Persistent link: https://www.econbiz.de/10009363823
Persistent link: https://www.econbiz.de/10010730728
This paper is an overview of the social welfare systems of five East Asian countries, namely Japan, Korea, Taiwan, Hong … Kong and Singapore. It analyses the overall costs of welfare as well as income distribution aspects, based on both … Kong and Singapore's public welfare expenditures will remain very low as long as they continue to rely mainly upon …
Persistent link: https://www.econbiz.de/10009201165
In selected East Asian economies, the behavior of detrended macroeconomic variables was found to be similar to that observed in the postwar U.S. economy. Consumption and investment are highly procyclical while the balance of trade and the price level are counter-cyclical in most of them. Labor...
Persistent link: https://www.econbiz.de/10005534171
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