This paper analyses the technical efficiency problem in Gansu Province, West China, using firm-level cross-sectional data. Compared with previous studies, which mostly focus on industries, this paper focuses on a geographic area instead. By applying the stochastic frontier framework, this paper...

East Asian economic integration has become a hot topic since the Asian financial crisis. Countries in the region have increasingly moved in favour of closer cooperation and coordination. Various proposals for free trade areas and Asian monetary cooperation have emerged. Regionalism in East Asia...

The US–Japan trade dispute has been widely reported. It continues to threaten the stability of the world trading order because the United States alleges that the Japanese market remains ‘closed’ to its exports. The Clinton administration has made it clear that it will judge the openness of...

China applied to rejoin the General Agreement on Tariffs and Trade (GATT) over a decade ago and negotiations for China’s entry into GATT’s successor, the World Trade Organisation (WTO), are still proceeding.1 China has participated in regional economic cooperation processes for about the...

The need for deeper financial and trade cooperation in East Asia became clear through the experience of the East Asian financial crisis. The imperatives of East Asian cooperation mean that the quest for East Asian influence and leadership on regional and international affairs through ASEAN + 3...

F5

Between 1985 and 1994 there was a remarkable rise and decline in Japanese real estate investment abroad which has been little documented or analysed, despite its economic scale and political impact. This paper is a further exploration of the nature and causes of this form of investment,...