Asian Economic Papers

2002 - 2025

Current editor(s): Wing Thye Woo, Sungbae An, Fukunari Kimura and Ming Lu

From MIT Press
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Volume 22, issue 3, 2023

Willingness-to-pay for a Haze Adaptation Program and a Haze Eradication Program in Singapore: The 2015 Transboundary Haze (Willingness-to-pay for a Haze Adaptation Program and a Haze Eradication Program in Singapore: The 2015 Transboundary Haze) pp. 1-23

Euston Quah, Wai-Mun Chia, Tsiat-Siong Tan and Nick Ho

Reviews of Low Carbon Scenarios, Carbon Neutrality, and Net Zero Emissions in Thailand: Impacts on Greenhouse Gas Emissions and the Macroeconomy (Reviews of Low Carbon Scenarios, Carbon Neutrality, and Net Zero Emissions in Thailand: Impacts on Greenhouse Gas Emissions and the Macroeconomy) pp. 24-45

Kannika Thampanishvong and Bundit Limmeechokchai

Decarbonization Pathways in Laos: The Challenges and Solutions (Decarbonization Pathways in Laos: The Challenges and Solutions) pp. 46-63

Phouphet Kyophilavong

The Options in Decarbonization Pathways for Malaysia (The Options in Decarbonization Pathways for Malaysia) pp. 64-80

Chiah Howe Fan, Yuen Yoong Leong and Wing Thye Woo

Diversified ESG Evaluation by Rating Agencies and Net Carbon Tax to Regain Optimal Portfolio Allocation (Diversified ESG Evaluation by Rating Agencies and Net Carbon Tax to Regain Optimal Portfolio Allocation) pp. 81-96

Naoyuki Yoshino, Tomonori Yuyama and Farhad Taghizadeh-Hesary

Dissimilar FTA Strategies of Japan and the United States: An Analysis of the Product-Specific Rules of Origin (Dissimilar FTA Strategies of Japan and the United States: An Analysis of the Product-Specific Rules of Origin) pp. 97-126

Mitsuyo Ando, Shujiro Urata and Kenta Yamanouchi

Assessing Effectiveness of Structural Monetary Policy in China (Assessing Effectiveness of Structural Monetary Policy in China) pp. 127-146

Yiping Huang, Yan Shen, Danxu Cheng and Xinyu Chen

Volume 22, issue 2, 2023

Sejong's Effects on People's Health: Consequences of a Long Commute pp. 1-27

Seulgi Lim and Soohyung Lee

A Note on City Size and the Sharing of Quasi-Rent between Labor and Capital in China pp. 28-35

Zhe Kong, Xiaohan Zhang and Weiwei Cui

Agglomeration and Radiation: Central Cities and China's Spatial Economy pp. 36-67

Jiewei Li, Wenyue Zhao and Qianqian Liang

Local Government Debt and Firm Zombification: Evidence from China pp. 68-95

Yang He, Yun Ma, Meng Tang and Lu Wang

Planning for Livability? State-built New Towns and Urban Traffic Externalities in China pp. 96-117

Kunlun Wang

Volume 22, issue 1, 2023

Russia's Technology Imports from East Asia pp. 1-10

Heli Simola and Aino Röyskö

Trade Protectionism and Export Adjustment on the Extensive Margin: An Analysis Based on the China–U.S. Trade War pp. 11-32

Wei Tian and Ye Hei

Which Market Enhances Market Efficiency by Improving Liquidity? Evidence of Market Liquidity in Relation to Returns of Stocks pp. 33-61

Guy Liu, Jinke Li, Andros Gregoriou and Yibo Bo

The Belt and Road Initiative: Economic Causes and Effects pp. 62-81

Fredrik Sjöholm

From Farms to Factories and Firms—Structural Transformation and Labor Productivity Growth in Malaysia pp. 82-111

Amanina Abdur Rahman and Achim Schmillen

Volume 21, issue 3, 2022

Digital Transformation and Risk Differentiation in the Banking Industry: Evidence from Chinese Commercial Banks pp. 1-21

Xinran Cao, Boyu Han, Yiping Huang and Xuanli Xie

The Effect of Observability on Professed Moral Values and Pro-social Behavior in an Asian Context: An Experimental Study pp. 22-39

Kean-Siang Ch'ng and Suresh Narayanan

Does Corruption Discourage Entrepreneurship? pp. 40-59

Donghyun Park and Kwanho Shin

International Collaboration and Research Organization Performance: Evidence from China pp. 60-77

Hui Geng, Yanrui Wu and Xing Shi

Macroeconomic Impacts of Global Demographic Change: The Case of Australia pp. 78-111

Weifeng Larry Liu and Warwick McKibbin

Volume 21, issue 2, 2022

How Important Are Russia's External Economic Links? pp. 1-13

Iikka Korhonen and Heli Simola

Rethinking Sri Lanka's Industrialization Strategy: Achievements, Lost Opportunities and Prospects pp. 14-37

Prema-chandra Athukorala

When Poverty Reduction Meets Democracy: An Investigation into the Use of Different Evaluation Methods for Assessing the Effectiveness of a Social Program pp. 38-60

Peng Zhan, Shi Li, Yangyang Shen and Xiaobing Wang

Premature Deindustrialization Risk in Asian Latecomer Developing Economies pp. 61-77

Hiroyuki Taguchi and Yuta Tsukada

East Asian Production Networks Go Beyond the Gravity Prediction pp. 78-101

Mitsuyo Ando, Fukunari Kimura and Kenta Yamanouchi

Volume 21, issue 1, 2022

Unconventional Monetary Policy through Open Market Operations: A Principal Component Analysis pp. 1-28

Markus Heckel and Kiyohiko G. Nishimura

Stablecoins and Central Bank Digital Currencies: Policy and Regulatory Challenges pp. 29-46

Barry Eichengreen and Ganesh Viswanath-Natraj

Effects of the Minimum Wage on Small Firms in China: Spillover Effects from Large Firms pp. 47-63

Qiaoyi Chen, Zhao Chen and Lin Guan

Re-examining Gender Earning Differentials in Malaysian Manufacturing pp. 64-91

Jia-Qi Cheong, Suresh Narayanan and Jacqueline Lisa Fernandez

Estimating the Impact of Cumulative Rules of Origin on Trade Costs: An Application to Mega-regional Free Trade Agreements in the Asia-Pacific Region pp. 92-109

Chul Chung, Innwon Park and Soonchan Park

Frontier Technology, Trade, FDI, and TFP in the Electrical and Electronic Industries: Exporting or Processing Trade? pp. 110-132

Noor Aini Khalifah

Volume 20, issue 3, 2021

Trade and Human Capital in Global Value Chain in Developed and Developing Countries pp. 1-15

Wenxiao Wang and Shandre Thangavelu

Wage Differentials in Malaysia: Public Employment, Gender, and Ethnicity pp. 16-34

Robert L. Clark, Naohiro Ogawa, Norma Mansor, Shigeyuki Abe and Mohd Uzir Mahidin

Suresh Narayanan Comment on Wage Differentials in Malaysia: Public Employment, Gender, and Ethnicity pp. 35-39

Suresh Narayanan

International Production Networks Are Overcoming COVID-19 Shocks: Evidence from Japan's Machinery Trade pp. 40-72

Mitsuyo Ando, Fukunari Kimura and Ayako Obashi

The SOE Channel of Monetary Policy Transmission: Evidence from China's Economic Stimulus Package pp. 73-93

Wenbin Chen, Shi-Zhuan Han, Jie Li and Tianhang Zhou

The Vanishing Interest Income of Chinese Banks pp. 94-113

Karlo Kauko

The Efficiency of University Technology Transfer in China pp. 114-137

Dongfu (Franco) Li and Xiaoqing (Maggie) Fu

Decomposing Effects of Population Aging on Economic Growth in OECD Countries pp. 138-159

Hyun-Hoon Lee and Kwanho Shin

Volume 20, issue 2, 2021

The Global Macroeconomic Impacts of COVID-19: Seven Scenarios pp. 1-30

Warwick McKibbin and Roshen Fernando

COVID-19 in Korea: Success Based on Past Failure pp. 41-62

Byeongho Lim, Emma Kyoungseo Hong, Jinjin Mou and Inkyo Cheong

COVID-19: Malaysia Experience and Key Lessons pp. 73-95

Muhammed Abdul Khalid

COVID-19 in Taiwan: Economic Impacts and Lessons Learned pp. 98-117

Chun-Chien Kuo

Impacts of Lockdown Policies on International Trade pp. 123-141

Kazunobu Hayakawa and Hiroshi Mukunoki

Financial Spillover in Emerging Asia: A Tale of Three Crises pp. 155-170

Iwan J. Azis, I. G. Sthitaprajna Virananda and Fauzi I. Estiko

Teleworker Performance in the COVID-19 Era in Japan pp. 175-192

Toshihiro Okubo, Atsushi Inoue and Kozue Sekijima

Volume 20, issue 1, 2021

Saving Lives and Livelihoods in the COVID-19 Pandemic: What Have We Learned, Particularly from Asia? pp. 1-29

Derek Qi Ren Kok and Wing Thye Woo

Comparing COVID-19 Control in the Asia-Pacific and North Atlantic Regions pp. 30-54

Jeffrey D. Sachs

A Note on the Role of Cultural, Institutional, and Urbanization Features in the COVID-19 Pandemic pp. 64-74

Pengfei Li, Ming Lu and Yilin Zheng

How China Managed the COVID-19 Pandemic pp. 75-101

Wei Tian

Rethinking “Economic Fundamentals” in an Era of Global Physical Shocks: Insights from the Philippines Experience with COVID-19 pp. 109-140

Toby Melissa C. Monsod and Maria Socorro Gochoco-Bautista

How Did Japan Cope with COVID-19? Big Data and Purchasing Behavior pp. 146-167

Yoko Konishi, Takashi Saito, Toshiki Ishikawa, Hajime Kanai and Naoya Igei

The Paradox of Thailand's Success in Controlling COVID-19 pp. 175-199

Poum Tangkitvanich