Asian Economic Papers

2002 - 2018

Current editor(s): Wing Thye Woo, Sung-Chun Jung, Fukunari Kimura and Ming Lu

From MIT Press
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Volume 17, issue 2, 2018

The Effect of an Introduction of Retail Sales Tax in China pp. 1-20

Shiyu Li, Shuanglin Lin and Suresh Narayanan

On the Demand for Female Workers in Japan: The Role of ICT and Offshoring pp. 25-46

Kozo Kiyota and Sawako Maruyama

Chinese Services Gaining Significance in Global Production Chains pp. 50-64

Heli Simola

What Explains Current Account Surplus in Korea? pp. 70-93

Chirok Han and Kwanho Shin

The End of Cheap Labor: Are Foreign Investors Leaving China? pp. 94-107

Julian Donaubauer and Christian Dreger

Capital Control and Monetary Policy in Asian Emerging Market Economies pp. 111-134

Yongseung Jung, Soyoung Kim and Doo Yong Yang

Education Development and Wage Inequality in Urban China pp. 140-151

Shi Li, ShanshanWu and Chunbing Xing

Volume 17, issue 1, 2018

Eurozonization of the Chinese Economy: How Do Intergovernmental Transfers Affect Local Government Debt in China? pp. 1-18

Ming Lu and Huiyong Zhong

Are Capital Flows Fickle? Increasingly? And Does the Answer Still Depend on Type? pp. 22-41

Barry Eichengreen, Poonam Gupta and Oliver Masetti

The Effect of Import Competition on Wages in the Japanese Manufacturing Sector* pp. 46-67

Masahiro Endoh

The Elusive Pursuit of Import Substitution in 21st Century Indonesia* pp. 73-93

Dionisius Narjoko, Titik Anas and Robertus Herdiyanto

The Day After Tomorrow: Evaluating the Burden of Trump's Trade War pp. 101-120

Meixin Guo, Lin Lu, Liugang Sheng and Miaojie Yu

How Are the Determinants of Emerging Asia's Cross-Border Mergers and Acquisitions Inflows Different from Outflows?* pp. 123-144

Qin Liang, Ningxu Li and Jie Li

Exchange Rate Flexibility, Financial Market Openness, and Economic Growth* pp. 145-162

Il Houng Lee and Kyunghun Kim

Volume 16, issue 3, 2017

The Global Productivity Slump: Common and Country-Specific Factors pp. 1-41

Barry Eichengreen, Donghyun Park and Kwanho Shin

Aging and Property Prices: A Theory of Very-Long-Run Portfolio Choice and Its Predictions on Japanese Municipalities in the 2040s pp. 48-74

Yoshihiro Tamai, Chihiro Shimizu and Kiyohiko G. Nishimura

Can Russia Survive Economic Sanctions? pp. 78-120

Seth G. Benzell and Guillermo Lagarda

The Rise and Fall of Thailand's Export-Oriented Industries pp. 128-150

Bhanupong Nidhiprabha

Vertical and Horizontal Spillovers from Foreign Direct Investment: Evidence from Malaysian Manufacturing pp. 158-183

Ergun Dogan, Koi Wong and Michael M. C. Yap

R&D Performance in High-Tech Firms in China pp. 193-208

Zhao Chen, Sang-Ho Lee and Wei Xu

Competition Effects and Industrial Productivity: Lessons from Japanese Industry pp. 212-249

Masahito Ambashi

The Global Value Chain and the Competitiveness of Asian Countries pp. 257-281

Kozo Kiyota, Keita Oikawa and Katsuhiro Yoshioka

Interest Liberalization and the Estimation of Implicit Interest Rates in China's Banking Sector pp. 287-307

Yan Shen and Wenlong Bian

Volume 16, issue 2, 2017

Markets Matter: The Potential of Intra-Regional Trade in ASEAN and Its Implications for Asian Regionalism pp. 1-19

Lurong Chen, Philippe De Lombaerde and Ludo Cuyvers

Globalization and School–Work Choices in an Emerging Economy: Vietnam pp. 28-45

Ian Coxhead and Rashesh Shrestha

The Role of Domestic Institutions and FDI on Innovation—Evidence from Chinese Firms pp. 55-76

Yi Qu and Yingqi Wei

Financial Conditions Indexes and Monetary Policy in Asia pp. 83-117

Margarita Debuque-Gonzales and Maria Socorro Gochoco-Bautista

Cross-border Vertical Integration and Intra-firm Trade: New Evidence from Korean and Japanese Firm-level Data pp. 126-139

Hyunbae Chun, Jung Hur, Young Gak Kim and Hyeog Ug Kwon

Price Regulation and Tacit Collusion in the Interbank Electronic Bulk and Retail Credit Transfer Services: Thailand's Experience pp. 143-160

Deunden Nikomborirak

Earnings Premium in State Jobs Across Urban China pp. 167-184

Yuanyuan Ma, Patrick Walsh and Liming Wang

Impact of Extensive and Intensive Margins of Foreign Direct Investment on Domestic Corporate Performance: Evidence from Japanese Automobile Parts Suppliers pp. 187-209

Toshiyuki Matsuura

Asset-based Reserve Requirements in a Dynamic Stochastic General Equilibrium Model pp. 216-242

Tae Soo Kang and Hyunduk Suh

Volume 16, issue 1, 2017

Deepening and Widening of Production Networks in ASEAN pp. 1-27

Ayako Obashi and Fukunari Kimura

RMBI or RMBR? Is the Renminbi Destined to Become a Global or Regional Currency? pp. 35-59

Barry Eichengreen and Domenico Lombardi

The Size and Costs of Bribes in Malaysia: An Analysis Based on Convicted Bribe Givers pp. 66-84

Christine Siew-Pyng Chong and Suresh Narayanan

China's Growth Slowdown and Prospects for Becoming a High-Income Developed Economy pp. 89-113

Ding Lu

Trade Liberalization and the Aggregate Matching Function in India pp. 120-137

Woong Lee

Internationalization of Indian Enterprises: Patterns, Determinants, and Policy Issues pp. 142-166

Prema-chandra Athukorala and C Veeramani

Managing Economic Stability under Volatile Capital Flows: East Asia Perspectives pp. 174-192

Chalongphob Sussangkarn

Government Support and R&D Investment Effectiveness in Chinese SMEs: A Complex Relationship pp. 201-226

Claudio Petti, Lauretta Rubini and Silvia Podetti

Volume 15, issue 3, 2016

Monetary Policy Spillovers across the Pacific when Interest Rates Are at the Zero Lower Bound pp. 1-27

Edda Claus, Iris Claus and Leo Krippner

Zombie Firms and the Crowding-Out of Private Investment in China pp. 32-55

Yuyaun Tan, Yiping Huang and Wing Thye Woo

Ecological Modernization in Japan: The Role of Interest Rate Subsidies and Voluntary Pollution Control Agreements pp. 66-88

Robert J. R. Elliott and Toshihiro Okubo

Monetary Policy Spillovers across the Pacific when Interest Rates Are at the Zero Lower Bound pp. 95-108

Venkatachalam Anbumozhi and Kaliappa Kalirajan

How Restrictive Are ASEAN's Rules of Origin? pp. 115-134

Olivier Cadot and Lili Yan Ing

Gains from Trade Liberalization between Heterogeneous Countries: Implications for the Korea–Japan FTA pp. 142-164

Gihoon Hong and Soo Hyun Oh

Analysis of the FTA Negotiation between China and Korea pp. 170-187

Inkyo Cheong

Chinese Returnees and High-Tech Sector Outward FDI: The Case of Changzhou pp. 195-215

Zhao Chen and Tony Fang

Volume 15, issue 2, 2016

Not a Trap, But Slow Transition? Indonesia's Pursuit to High Income Status pp. 1-22

Muhamad Basri, Sjamsu Rahardja and Syarifah Namira Fitrania

Thailand's Long-Term Growth: Aspiration, Reality and Challenges pp. 23-43

Chalongphob Sussangkarn and Deunden Nikomborirak

ASEAN: Regional Integration and Reforms pp. 44-60

Mari Pangestu and Lili Yan Ing

Does Social Capital Matter in the Location Decision of Foreign Direct Investment? Evidence from Korea pp. 71-102

Jong-Il Choe and Ki-Dong Lee

The Impact of CEO Long-term Equity-based Compensation Incentives on Economic Growth in Collectivist versus Individualist Countries pp. 109-133

Cynthia J. Campbell, Rosita P. Chang, Jack C. DeJong, Robert Doktor, Lars Oxelheim and Trond Randøy

The Societal Cost of China's Rapid Economic Growth pp. 138-159

John Knight

The Technical Progress and Resilience in Productivity Growth of Korea's Growth-Leading Industries pp. 167-191

Mi Kyung Pai

ASEAN Economic Integration and Physical Connectivity pp. 198-215

Siow Yue Chia

Volume 15, issue 1, 2016

Globalization of the Automotive Industry: Is Indonesia Missing Out? pp. 1-19

Moekti P. Soejachmoen

Great Turning: How Has the Chinese Economy Been Trapped in an Efficiency-and-Balance Tradeoff? pp. 25-50

Ming Lu and Kuanhu Xiang

Exports and Employment in China, Indonesia, Japan, and Korea pp. 57-72

Kozo Kiyota

International Co-movement of Housing Price Cycles in East Asia and Greater China pp. 78-98

Kyung-Hwan Kim and Young-Joon Park

The Economics of RMB Internationalization pp. 104-123

Liqing Zhang and Kunyu Tao

Export of Recyclable Materials: Evidence from Japan pp. 134-148

Toshihiro Okubo, Yuta Watabe and Kaori Furuyama

Unemployment and the Speed of Transition in China pp. 156-170

Shuo Huang and Jan Fidrmuc