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Pacific Economic Review

2005 - 2019

Current editor(s): Kenneth S. Chan and Yin-wong Cheung

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Volume 24, issue 4, 2019

Vertical Integration, Firms’ Entry, Exit, Strategic Shifts, Age, and The Productivity Growth in Korea's Core Growth‐Leading Industries pp. 511-549 Downloads
Mi Kyung Pai
Have Free Trade Agreements Created Trade? Evidence from CEPA pp. 550-569 Downloads
Yonghong Zhou
Tenure Security and Long‐term Investment on Tenanted Land: Evidence from Colonial Taiwan pp. 570-587 Downloads
Elliott Fan and Shu‐jen Yeh
Asymmetric Loss and the Rationality of Inflation Forecasts: Evidence from South Korea pp. 588-605 Downloads
Young Bin Ahn and Yoichi Tsuchiya
Demand for ground transportation fuels in 10 Asian countries: An application of the autoregressive distributed lag bounds testing approach pp. 606-627 Downloads
Wen‐Hsien Liu and Kai‐Jen Lin

Volume 24, issue 3, 2019

Balanced‐budget rules and aggregate instability: The role of consumption taxes in a monetary economy pp. 403-415 Downloads
Jianpo Xue and Chong K. Yip
Macroeconomic effects of government spending in China pp. 416-446 Downloads
Xin Wang and Yi Wen
Who Secures Job Opportunities in the Chinese Government? Evidence Based on the First Jobs of Graduates from a Chinese College pp. 447-463 Downloads
Jie Gao, Dongmin Kong and Gaowen Kong
Nexus between visitor arrivals and residential property rents in Hong Kong pp. 464-478 Downloads
Terence Tai Leung Chong and Alex Wing‐Ho Yiu
Board effectiveness in Chinese fund management companies pp. 479-492 Downloads
On K. Tam, Jing Zhou and Ping Yu
How changes in global liquidity affect dynamics of banks’ leverage: A case in Hong Kong pp. 493-507 Downloads
Kelvin Ho, Cho‐Hoi Hui, Ka‐Fai Li and Jim Wong

Volume 24, issue 2, 2019

Symposia on Challenges for Emerging Asia: Capital Flows and Quality Growth pp. 185-186 Downloads
David Cook, Frank Westermann and James Yetman
Chinese economy in the new era pp. 187-207 Downloads
Lawrence J. Lau
Hoarding of international reserves: It's a neighbourly day in Asia pp. 208-240 Downloads
Yin-Wong Cheung, Xingwang Qian and Eli Remolona
Alternate instruments to manage the capital flow conundrum: A study of selected Asian economies pp. 241-268 Downloads
Rajeswari Sengupta and Abhijit Sen Gupta
Health status and labour market outcome: Empirical evidence from Australia pp. 269-292 Downloads
Kannika Damrongplasit, Cheng Hsiao and Xueyan Zhao
Do China's people favour redistribution? Evidence from an incentivized experiment pp. 293-324 Downloads
Tai‐Sen He, Louis Putterman and Liangjun Wang
Born like China, growing like China pp. 325-347 Downloads
Xianjuan Chen
Analysing Systemic Risk in the Chinese Banking System pp. 348-372 Downloads
Qiubin Huang, Jakob de Haan and Bert Scholtens
How fast can China grow? The Middle Kingdom's prospects to 2030 pp. 373-399 Downloads
Jeannine Bailliu, Mark Kruger, Argyn Toktamyssov and Wheaton Welbourn

Volume 24, issue 1, 2019

Using food prices and consumption to examine Chinese cost of living pp. 3-26 Downloads
Jonathan A. Cook and Fred Gale
Housing prices and population dynamics in urban China pp. 27-45 Downloads
Yi Ding
New cooperative medical scheme and medical expenditure in rural China pp. 46-68 Downloads
Li Li
Literature analysis of the evaluation of public training programmes in the USA, Europe and China: Implications for the evaluation of farmer training programmes in China pp. 69-91 Downloads
Mei Wang, John Burgess and Yacheng Xiao
Women's education and marriage decisions: Evidence from China pp. 92-112 Downloads
Xue Li and Hua Cheng
Laying the Tracks for Successful Science, Technology, Engineering and Mathematics Education: What Can We Learn from Comparisons of Immigrant–Native Achievement in the USA? pp. 113-136 Downloads
Ning Jia
Intergenerational Educational Mobility in Hong Kong: Are Immigrants More Mobile than Natives? pp. 137-157 Downloads
Kit‐Chun Lam and Pak‐Wai Liu
Parents, migrant domestic workers and children's speaking of a second language: Evidence from Hong Kong pp. 158-181 Downloads
Sam Hak Kan Tang

Volume 23, issue 5, 2018

Real rates and consumption smoothing in a low interest rate environment: The case of Japan pp. 685-704 Downloads
Jonathon Lecznar and Thomas A. Lubik
Decomposing Vietnamese gender equality in terms of wage distribution pp. 705-731 Downloads
Tien Vu and Hiroyuki Yamada
Notes on income heterogeneity and number of contributors: Public goods model pp. 732-741 Downloads
Tatsuyoshi Miyakoshi and Kenichi Suzuki
Diagnosing the Source of Financial Market Shocks: An Application to the Asian, Subprime and European Financial Crises pp. 742-777 Downloads
Johannes Fedderke and Marina Marinkov

Volume 23, issue 4, 2018

Comparison of Stochastic and Spline Models for Temperature‐based Derivatives in China pp. 547-589 Downloads
Lu Zong and Manuela Ender
Mandatory Retirement and Older Worker Employment Decisions: Evidence from a Matched Difference‐in‐Differences Estimator pp. 590-608 Downloads
Wehn‐Jyuan Tsai
Cultural Differences and Interprovincial Trade in China: Effect of Surname Distance and its Mechanisms pp. 609-631 Downloads
Yongwei Chen, Wei‐Min Hu, Radek Szulga and Buoyuan Xue
Dynamic Stochastic General EQUILIBRIUM ‐ BASED Assessment of Nonlinear Macroprudential Policies: Evidence from Hong Kong pp. 632-657 Downloads
Michael Funke and Michael Paetz
Gender Inequality and Economic Growth in Korea pp. 658-682 Downloads
Jinyoung Kim, Jong-Wha Lee and Kwanho Shin

Volume 23, issue 3, 2018

China's Growing Government Debt in a Computable Overlapping Generations Model pp. 359-384 Downloads
Shiyu Li, Shuanglin Lin, Yan Wang and Fan Zhai
Meta‐Analysis of Chinese Business Cycle Correlation pp. 385-410 Downloads
Jarko Fidrmuc and Iikka Korhonen
Identifying the Interdependence Between Monetary Policy and Financial Stress: Evidence from China pp. 411-425 Downloads
Rong Li and Xiaohui Tian
Natural Disasters and Firms in Vietnam pp. 426-452 Downloads
Tam B. Vu and Ilan Noy
Comparison of Important Laws Governing the Macroeconomies of Taiwan and China pp. 453-463 Downloads
Gregory C. Chow and Shou‐Yung Yin
Do Foreign Currency Accounts Help Relax Credit Constraints? Evidence from Nepal pp. 464-489 Downloads
Nephil Maskay, Sven Steinkamp and Frank Westermann
Understanding the Effect of Productivity Changes on International Relative Prices: The Role of News Shocks pp. 490-516 Downloads
Deokwoo Nam and Jian Wang
Religion and Fertility in East Asia: Evidence from the East Asian Social Survey pp. 517-532 Downloads
Donata Bessey
On Indeterminacy and Growth under Progressive Taxation and Utility‐Generating Government Spending pp. 533-543 Downloads
Shu-Hua Chen and Jang-Ting Guo

Volume 22, issue 5, 2017

Disentangling managerial incentives from a dynamic perspective: The role of stock grants pp. 743-771 Downloads
Amal Hili, Didier Laussel and Ngo Long
Estimation of the spillover effect between patents and innovation using the GARCH–BEKK model pp. 772-791 Downloads
Muhammad Z. Mumtaz and Zachary A. Smith
Identity, nostalgia and happiness among migrants: The case of the KÅ shien High School Baseball Tournament in Japan pp. 792-813 Downloads
Eiji Yamamura
Monetary policy regime change and regional inflation dynamics: looking through the lens of sector†level data for Korea pp. 814-840 Downloads
Chi†Young Choi, Joo Yong Lee and Róisín O'Sullivan
Status Incentives and Corporate Giving: Evidence From China's Political Reform On Private Enterprises pp. 841-860 Downloads
Zhao Chen and Jipeng Zhang

Volume 22, issue 4, 2017

Impact of National Health Insurance on Entry and Competition in Remote Areas, Evidence from Taiwan's Dental Market pp. 483-509 Downloads
Jitian Sheu
Assessing Market Integration in ASEAN with Retail Price Data pp. 510-532 Downloads
Vinh Q. T. Dang and Yu (Alan) Yang
Productivity Catch-up Between Chinese and Taiwanese Electronics Firms pp. 533-553 Downloads
Chih-Chin Ho, Hui-Lin Lin, Chih-Hai Yang and Ya-Pin Lyu
The Role of Human Capital in Manufacturing Plant Growth: Evidence from Taiwan pp. 554-584 Downloads
Ching-Fu Chang and Cherng-Shiun Lin
Guest Editors’ Introduction pp. 585-586 Downloads
Tsu-Tan Fu and Cliff J. Huang
World Productivity Growth: A Model Averaging Approach pp. 587-619 Downloads
Meryem Duygun, Jiaqi Hao, Anders Isaksson and Robin C. Sickles
Efficiency of Tax Collection and Tax Management in Taiwan's Local Tax Offices pp. 620-648 Downloads
Shwu-Huei Huang, Ming-Miin Yu, Ming-Shenq Hwang, Yu-Shan Wei and Ming-Huei Chen
Japanese Bank Productivity, 2007–2012: A Dynamic Network Approach pp. 649-676 Downloads
Hirofumi Fukuyama and William L. Weber
Productivity dynamics and the cleansing effect of two recessions: Evidence from the manufacturing sector in Korea pp. 677-701 Downloads
Hun Jun Lee, Jeong-Dong Lee and Chulwoo Baek
Heterogeneity in Production Structures and Efficiency: An Analysis of the Czech Food Processing Industry pp. 702-719 Downloads
Lukáš Čechura and Heinrich Hockmann
A New Input-Oriented Plant Capacity Notion: Definition and Empirical Comparison pp. 720-739 Downloads
Giovanni Cesaroni, Kristiaan Kerstens and Ignace Van de Woestyne

Volume 22, issue 3, 2017

Special issue on housing and financial stability: An introduction pp. 273-275 Downloads
Charles Leung
Did bubbles migrate from the stock to the housing market in China between 2005 and 2010? pp. 276-292 Downloads
Yongheng Deng, Eric Girardin, Roselyne Joyeux and Shuping Shi
House price to income ratio and fundamentals: Evidence on long-horizon forecastability pp. 293-311 Downloads
Nan-Kuang Chen and Han-Liang Cheng
Bayesian analysis of Hong Kong's housing price dynamics pp. 312-331 Downloads
Tommy Wu, Michael Cheng and Ken Wong
Effects of capital flow on the equity and housing markets in Hong Kong pp. 332-349 Downloads
Yin-Wong Cheung, Kenneth K. Chow and Matthew S. Yiu
Firms’ money demand and monetary policy pp. 350-382 Downloads
Romina Bafile and Alessandro Piergallini
What Drives Urban Consumption in Mainland China? The Role of Property Price Dynamics pp. 383-409 Downloads
Yu-Fu Chen, Michael Funke and Aaron Mehrotra
A Simple Model of Contract Enforcement Institutions pp. 410-434 Downloads
Takuma Kunieda, Keisuke Okada and Akihisa Shibata
World Trade and the Environment: Issues and Policies pp. 435-479 Downloads
Winston Chang

Volume 22, issue 2, 2017

Editors’ Introduction The two authors had tried alternative drafts to reach a consensus. While they had no problem in agreeing on Part II, the final version of Part I was mainly drafted by Lipsey, partly based on previous versions, with only minor revisions and additions from Ng. For a main part of the version preferred by Ng, please see section 2 of Ng (2017b). Importantly, the main disagreement over Part I was how to present the reasoning behind the results of first-best and second-best theories, results with which both authors agree. They also wish to acknowledge the research assistance of Zhang Chen pp. 147-154 Downloads
Richard Lipsey and Yew-Kwang Ng
Towards a Theory of Third-Best pp. 155-166 Downloads
Yew-Kwang Ng
Generality Versus Context Specificity: First, Second and Third Best in Theory and Policy pp. 167-177 Downloads
Richard Lipsey
Theory of Third Best: How to Interpret and Apply pp. 178-188 Downloads
Yew-Kwang Ng
Economic Policy with and without Maximizing Rules pp. 189-212 Downloads
Richard Lipsey
Concluding Comments to the Debate pp. 213-228 Downloads
Richard Lipsey and Yew-Kwang Ng
The Way We Teach Public Economics: A Rationalization Using the Theory of Third Best pp. 229-248 Downloads
Wai Chiu Woo
Second-Best Theory: Ageing well at Sixty pp. 249-270 Downloads
Robin Boadway

Volume 22, issue 1, 2017

Foreign Direct Investment with Endogenous Technology Choice pp. 3-22 Downloads
Herbert Dawid and Benteng Zou
Do Rising Labour Costs Drive Innovation in Enterprises? Propensity Score Matching Evidence from Chinese Firms pp. 23-42 Downloads
Xianhai Huang, Hangyu Chen and Gaoju Yang
Foreign Direct Investment and Democracy: A Robust Fixed Effects Approach to a Complex Relationship pp. 43-82 Downloads
Rodolphe Desbordes and Vincenzo Verardi
Political Economy Model of Cross-Border Mergers Under Mixed Oligopoly pp. 83-100 Downloads
Jie Li, Jing Lu and Mobing Jiang
Market Efficiency, Heterogeneous Trade Costs and Export-Only Firms pp. 101-122 Downloads
Bin Qiu and Zhijun Yan
Credit Constraints, Export Mode and Firm Performance: An Investigation of China's Private Enterprises pp. 123-143 Downloads
Faqin Lin
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