Showing papers in "Journal of Asian Economics in 2008"

TL;DR: In this article, the authors reviewed recent progress and indicators of trade facilitation in member countries of the Association of Southeast Asian Nations and found that import and export costs vary considerably in the member countries, from very low to moderately high levels.

TL;DR: In this paper, the authors examined the changing nature of growth spillovers between developed economies, the North, and developing countries, the South, driven by the process of globalization, and found that the impact of the Northern economic activity on the Emerging South has declined during the globalization period (1986-2005).

TL;DR: In this paper, the authors empirically analyzed bilateral J-curve dynamics of Turkey with her 13 trading partners using quarterly time series data over the period 1985-2005 and found that the real depreciation of the Turkish lira has positive impact on Turkey's trade balance in some countries.

TL;DR: In this paper, a survey of privately owned small and medium enterprises in five high-tech industries in Zhejiang province found a market-based innovation system and evidence of much process and some product innovations.

TL;DR: In this article, two competing hypotheses, the traditional structure-conduct-performance (SCP) hypothesis and the efficiency hypothesis (EH), were tested using pooled and annual data for the period 1999-2002.

TL;DR: The evidence presented here shows that population aging can lead to a second demographic dividend because population aging may lead to rapid capital accumulation.

TL;DR: The authors analyzes the impact of the trilemma on China's monetary policy as the country liberalizes its good and financial markets and integrates with the world economy, showing how China has sought to insulate its reserve money from the effects of balance of payments inflows by sterilizing through the issuance of central bank liabilities.

TL;DR: In this article, the authors examined the relationship between marital status and female labor force participation in Korea and argued that marriage remains a major obstacle to young Korean women's employment, and found that an average married woman is much less likely (by 40-60%) to participate in the labor force than a single woman in urban Korea.

TL;DR: The authors used an augmented gravity model to capture the effect of regional economic integration on Foreign Direct Investment (FDI) flows in the cases of the EU, NAFTA, MERCOSUR, and ASEAN.

TL;DR: In this article, the authors derive a measure of innovation and test the extent to which institutional policy choices enhance or delay its diffusion using a panel regression model, with data on a sample of 103 countries in different geographic regions for the 1980-2005 period.

TL;DR: In this paper, the authors examined the links between firm-level export performance, foreign ownership and the acquisition of technological capabilities in a sample of 205 clothing enterprises in Sri Lanka and found that higher levels of technological capability are associated with larger firm size, university-level manpower and in-house technological effort.

TL;DR: In this article, the authors analyzed the incidence of overeducation and undereducation in Taiwan and their effects on wages utilizing the data sets for the “Taiwan Social Change Survey” in 1997 and 2002.

TL;DR: Using a gravity model of trade, this paper found that China's orientation toward foreign trade is much greater than expected for an economy of its size and level of development, and compared the export and import flows from and to China.

TL;DR: The authors analyzes the relationships among four Asian bond markets and finds that correlations between the markets are time-varying and high, except for in short turbulent periods, indicating that a regional bond portfolio would allow for some level of risk diversification for investors and that policymakers need to pay attention to movements in different markets.

TL;DR: In this article, the authors consider the different definitions of the term "social safety net" (SSN) and attempt to clarify its meaning and proper use and conclude that the tremendous variation in the use of SSN invites confusion and makes it virtually useless as a technical concept.

TL;DR: In this article, the authors use an international comparative perspective to examine how the health of China's population and other aspects of health system performance changed during the reform era and draw on standard public finance and health economics theory, as well as the more recent incomplete-contracting theory of property rights, to summarize the comparative advantages of government and market for financing and delivery of health services.

TL;DR: In this paper, the authors investigated the monetary transmission mechanism in Thailand, employing a VAR approach, and found that the Bank of Thailand has leverage over the real interest rate in the short run due to inflation inertia.

TL;DR: In this paper, a previous ranking of economics research output in East Asia based upon page counts of articles published in sixty quality journals is presented, which shows that research productivity of economics profession in east Asia has improved substantially since the early 1990s.

TL;DR: The authors provided estimates of trade and welfare effects of East Asian currency unions, using a micro-founded gravity model, using counterfactual experiments to assess the effects of various hypothetical currency arrangements for East Asia.

TL;DR: In this paper, the authors focus on identifying the sources of agricultural growth for eight East Asian economies, with special emphasis on factors that can better explain different components of growth The Malmquist productivity growth index and its two components are calculated and regressed on variables including the human capital endowment, domestic R&D, international spillovers, and country-specific farming characteristics to characterize the differential patterns of growth.

TL;DR: In this article, the authors examined the impact of IT and enterprise reform on the productivity of Chinese manufacturing firms by using large-scale firm level datasets from 1995 to 2002, and found that enterprise reforms captured by the entry and exit of firms have had a positive impact on aggregated productivity growth.

TL;DR: In this paper, the authors conclude that differences in initial conditions (history, culture, geography and levels of industrial and institutional development) preclude any single development policy package from being universally effective.

TL;DR: In this article, the authors argue that the restructuring following the stiffer competition stemming from increased global integration will trigger a race between countries to attract inward foreign direct investment (FDI), which consists of last minute efforts and tailor-made packages designed by governments and their agencies to temporarily improve their country's otherwise inferior profile.

TL;DR: This article examined the long-run relationship between economic growth and democratization for the high performing Asian economies using a time-series technique called the autoregressive distributive lag bounds test.

TL;DR: In this article, the authors examine the current state of intra-ASEAN trade under the preferential regime of the AFTA and employ a gravity model to arrive at alternative ways of measuring the importance of preferences in the absence of data on the actual utilisation of AFTA preferential tariffs.

TL;DR: In this paper, the authors focus on a few major developments that took place during the three decades from the late 1960s to the Asian financial crisis and conclude that the Indonesian banking crisis was primarily domestic in nature, more so than the crises in Korea and Thailand.

TL;DR: In this paper, the authors examined the rapid growth and changing composition of manufactured exports in Indonesia and Thailand, highlighting the growth of office and computer machinery and electric machinery, somewhat slower growth of non-electric and transportation machinery, as well as the low growth of previously large exports of textiles apparel.

TL;DR: In this article, a macro-econometric multinational model is used, describing Korea, Japan, China and the rest of East Asia in their respective relations with the United States as well as with the rest the world.

TL;DR: In this article, the estimation of productivity and efficiency of labour use in the Indian and Pakistani banking sectors of the Indian sub-continent has been studied and the results show that the efficiency of labor use across Indian subcontinent is improving over time and that foreign banks are more efficient compared to domestically owned banks.

TL;DR: In this article, a calibrated general equilibrium model with a new capital flow modelling component is applied to highlight underlying relationships between a Heckscher-Ohlin (labor and capital) endowment perspective and such considerations as human capital, productivity, endogenous growth, and institutional behavior.