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This paper studies the catching-up process in per capita income of the so-called Asian Dragons and Tigers. It contributes to the literature in several ways. First, it tests the catching-up hypothesis using the longest time span ever considered, from 1870 to 2014. Second, it documents the...
Persistent link: https://www.econbiz.de/10011647741
Singapore, calls into question the scope for recalibrating growth drivers towards domestic demand. Nonetheless, the …
Persistent link: https://www.econbiz.de/10008732361
Growing internationalization of firms in Asia through participation in global value chains (GVCs) and free trade …
Persistent link: https://www.econbiz.de/10010478515
The purpose of this paper is to explore the spillover effects Japan's negative interest rate policy (NIRP) had on Asian … only had limited impacts on Japan's economy but also raised a serious concern about profitability of local financial … rate. In the analysis, we examine spillover effects on Asian stock markets. We find that Japan's long-term interest rate …
Persistent link: https://www.econbiz.de/10011635608
; Singapore; and Taipei,China, as well as the gradual shifting of the sources of economic growth away from the manufacturing …
Persistent link: https://www.econbiz.de/10009315799
since the 1990s. Research on this subject has consistently produced more evidence on the benefits of globalization … a globalized economy to enable us to understand more about how firms respond to globalization or changes in trade and …
Persistent link: https://www.econbiz.de/10012007515
This paper aims to examine how the diversity of global engagement is related to firms' participation in innovation input and output activities in the Malaysian manufacturing sector. The study uses firm-level data obtained from the World Bank's Enterprise Survey 2015. Firms are classified into...
Persistent link: https://www.econbiz.de/10013334978
This paper extends the global sourcing model with informal labor, which spawns reputation and legal costs for violating the rules and regulations imposed on foreign firms regarding accessing informal labor under integration. Under these circumstances, foreign firms, facing a higher cost than...
Persistent link: https://www.econbiz.de/10015069611
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which … organizations, and the domestic political realities of East Asia. …
Persistent link: https://www.econbiz.de/10008907786
Commodity prices have become volatile over the past 2 decades, and their recent sharp decline has decreased the consumer price index inflation rates for most economies. While many Asian economies have benefited from low international oil and food prices, commodity exporters have suffered. Thus,...
Persistent link: https://www.econbiz.de/10011621249