Showing 1 - 10 of 16
Thailand's increasing importance as a regional co-production base and as an intra-regional trade and border trade hub is due mainly to recent changes in its economic structure, namely, the lack of operational workers, rises in wages, and increases in outward foreign direct investment (FDI),...
Persistent link: https://www.econbiz.de/10010502812
The paper argues that East Asia is setting the pace for the recent trend in regional and inter-regional integration, which is associated with multilateral infrastructure connectivity initiatives, like the "Belt and Road Initiative" (BRI) of the People's Republic of China and Japan's "Partnership...
Persistent link: https://www.econbiz.de/10012205804
connectivity in Europe to drive economic convergence and not political divergence. The need to establish a level playing field for …
Persistent link: https://www.econbiz.de/10012289898
This paper investigates whether better access to markets through an improved road network plays a role in improving the profitability of firms in India. We construct a district-level market access index using Indian road network shapefiles, district boundaries, and nightlight raster images and...
Persistent link: https://www.econbiz.de/10013479557
economies contradict the implicit assumption of standard convergence analysis. To address this issue, we adopt the Markov chain …
Persistent link: https://www.econbiz.de/10012425283
We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral … productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese … prefecture-level data from 1874 to 2008, we find support for substantial convergence effects of structural transformation in the …
Persistent link: https://www.econbiz.de/10011843800
conditional convergence theory. Cross-country regression further suggests that the Republic of Korea's catch-up to the United … decades due to the convergence effect and with the rebalancing toward a domestic consumption and services-based economy. The …
Persistent link: https://www.econbiz.de/10011471510
This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and capital movements across industries and economies, and consumption and investment dynamics. We...
Persistent link: https://www.econbiz.de/10010381539
Using a decomposition approach on data collected by the Asian Productivity Organization (APO) as well as World Input-Output data, we show that in most Asian economies the services sector makes the largest contribution to labor productivity. Furthermore, we find evidence of a major reallocation...
Persistent link: https://www.econbiz.de/10011992074
East Asia is a region of great global significance, currently accounting for around 30% of the global economy by most measures, e.g. production, trade, investment and finance. It has also become increasingly integrated in various ways. Integration at the micro-level has steadily progressed since...
Persistent link: https://www.econbiz.de/10011610448