ADB Economics Working Paper Series

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557: Rationale and Institution for Public–Private Partnerships

Jungwook Kim

556: Is Employment Globalizing?

Liming Chen, Jesus Felipe, Andrew J.Y. Kam and Aashish Mehta

555: The PRC’s Long-Run Growth through the Lens of the Export-Led Growth Model

Jesus Felipe and Matteo Lanzafame

554: An Empirical Analysis of the Factors that Influence Infrastructure Project Financing by Banks in Select Asian Economies

Vivek Rao

553: Public–Private Partnership Development in Southeast Asia

Fauziah Zen

552: Determinants of Public–Private Partnerships in Infrastructure in Asia: Implications for Capital Market Development

Suk Hyun, Donghyun Park and Shu Tian

551: Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

Minsoo Lee, Xuehui Han, Raymond Gaspar and Emmanuel Alano

550: Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 2)

Jesus Felipe

549: Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 1)

Jesus Felipe

548: Hazard Analysis on Public–Private Partnership Projects in Developing Asia

Minsoo Lee, Xuehui Han, Pilipinas Quising and Mai Lin Villaruel

547: Deep Economic Integration and State Capacity: A Mechanism for Avoiding the Middle-Income Trap?

László Bruszt and Nauro Campos

546: Global Banking Network and Regional Financial Contagion

Cyn-Young Park and Kwanho Shin

545: Do Information and Communication Technologies Empower Female Workers? Firm-Level Evidence from Viet Nam

Natalie Chun and Heiwai Tang

544: Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach

Cyn-Young Park and Racquel Claveria

543: Labor Market Regulations in the Context of Structural Transformation

Priya Ranjan, Rana Hasan and Erik Jan Eleazar

542: Why has the Philippines’ Growth Performance Improved? From Disappointment to Promising Success

Jesus Felipe and Gemma Estrada

541: Measuring Rice Yield from Space: The Case of Thai Binh Province, Viet Nam

Kaiyu Guan, Ngo The Hien and Lakshman Nagraj Rao

540: Land Measurement Bias: Comparisons from Global Positioning System, Self-Reports, and Satellite Data

Andrew Dillon and Lakshman Nagraj Rao

539: Financial Inclusion: New Measurement and Cross-Country Impact Assessment

Cyn-Young Park and Rogelio Mercado

538: Gender Pay Gap: A Macro Perspective

Akiko Terada-Hagiwara, Shiela Camingue-Romance and Joseph Zveglich

537: Back in Business: Industrial Policy for Emerging Economies in the New Globalization

Erik Berglof and Vince Cable

536: Population Aging and the Possibility of a Middle-Income Trap in Asia

Joonkyung Ha and Sang-Hyop Lee

535: Foreign and Domestic Investment in Global Bond Markets

Donghyun Park, Kiyoshi Taniguchi and Shu Tian

534: State-Owned Enterprises Leverage as a Contingency in Public Debt Sustainability Analysis: The Case of the People's Republic of China

Benno Ferrarini and Marthe Hinojales

533: Distributed Ledger Technologies for Developing Asia

Benno Ferrarini, Julie Maupin and Marthe Hinojales

532: Divergent Emerging Market Economy Responses to Global and Domestic Monetary Policy Shocks

Woon Gyu Choi, Taesu Kang, Geun-Young Kim and Byongju Lee

531: Consumption- and Productivity-Adjusted Dependency Ratio with Household Structure Heterogeneity

Xuehui Han and Yuan Cheng

530: Exchange Rate Dynamics and United States Dollar-Denominated Sovereign Bond Prices in Emerging Markets

Cho-Hoi Hui, Chi-Fai Lo and Po-Hon Chau

529: Human Capital Spending, Inequality, and Growth in Middle-Income Asia

Michael Abrigo, Sang-Hyop Lee and Donghyun Park

528: Push Factors and Capital Flows to Emerging Markets: Why Knowing Your Lender Matters More Than Fundamentals

Eugenio Cerutti, Stijn Claessens and Damien Puy

527: The Role of Total Factor Productivity Growth in Middle-Income Countries

Jungsuk Kim and Jungsoo Park

526: Flexibility of Adjustment to Shocks: Economic Growth and Volatility of Middle-Income Countries before and after the Global Financial Crisis of 2008

Joshua Aizenman, Yothin Jinjarak, Gemma Estrada and Shu Tian

525: Asia’s Middle-Income Challenge: An Overview

Gemma Estrada, Xuehui Han, Donghyun Park and Shu Tian

524: Place-Based Preferential Preferential Tax Policy and Its Spatial Effects: Evidence from India’s Program on Industrially Backward Districts

Rana Hasan, Yi Jiang and Radine Michelle Rafols

523: Structural Reform and Productivity Growth in Emerging Europe and Central Asia

Yordan Georgiev, Piroska Nagy-Mohacsi and Alexander Plekhanov

522: Capital Flows and Financial Stability in Emerging Economies

Christopher Baum, Madhavi Pundit and Arief Ramayandi

521: The Middle-Income Trap from a Schumpeterian Perspective

Philippe Aghion and Çağatay Bircan

520: Economic Corridors and Regional Development: The Malaysian Experience

Prema-chandra Athukorala and Suresh Narayanan

519: Thailand’s Automotive Manufacturing Corridor

Peter Warr and Archanun Kohpaiboon

518: The Role and Impact of Infrastructure in Middle-Income Countries: Anything Special?

Abdul Abiad, Margarita Debuque-Gonzales and Andrea Loren Sy

517: The Landscape of Economic Growth: Do Middle-Income Countries Differ?

Barry Eichengreen, Donghyun Park and Kwanho Shin

516: A Contagion through Exposure to Foreign Banks during the Global Financial Crisis

Cyn-Young Park and Kwanho Shin

515: Intellectual Property Rights and Foreign Technology Licensing in Developing Countries: An Empirical Investigation

Elisabetta Gentile

514: How Women Have Fared with the Rise of the People’s Republic of China in Global Supply Chain Trade

Limin Wang, Shireen Kanji, Shikha Jha and Mieke Meurs

513: Using Input–Output Analysis Framework to Explain Economic Diversification and Structural Transformation in Bangladesh

Valerie Mercer-Blackman, Amador Foronda and Mahinthan J. Mariasingham

512: The Debate about the Sources of Growth in East Asia after a Quarter of a Century: much ado about nothing

Jesus Felipe and John McCombie

511: Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison

Hyeon-seung Huh and Cyn-Young Park

510: Macroprudential Policy Frameworks in Developing Asian Economies

Minsoo Lee, Raymond Gaspar and Mai Lin Villaruel

509: Leverage and Capital Structure Determinants of Chinese Listed Companies

Benno Ferrarini, Marthe Hinojales and Pasquale Scaramozzino

508: Green Growth Opportunities for Asia

Sam Fankhauser, Alex Kazaglis and Sugandha Srivastav