Misallocation, Access to Finance, and Public Credit: Firm-Level Evidence ∗ MIGUEL A. LE ´ON-LEDESMA AND DIMITRIS CHRISTOPOULOS Using a database of 23,000 firms in 45 economies, we test the quantitative importance of access to finance…
SuchkategorieWAHR
Misallocation and Productivity: The Case
Misallocation and Productivity: The Case of Vietnamese Manufacturing ∗ DOAN THI THANH HA, KOZO KIYOTA, AND KENTA YAMANOUCHI This paper attempts to measure the effect of resource misallocation on aggregate manufacturing total factor productivity, focusing…
The Role of Structural Change in the Economic
The Role of Structural Change in the Economic Development of Asian Economies ∗ NEIL FOSTER–MCGREGOR AND BART VERSPAGEN In this paper, we combine data on gross domestic product (BIP) per capita and sectoral employment shares…
Potential Growth in Asia and Its Determinants:
Potential Growth in Asia and Its Determinants: An Empirical Investigation MATTEO LANZAFAME ∗ This paper contributes to the literature on growth in Asia in several respects. I provide estimates of potential growth for 21 Asian…
Typhoon Aid and Development: The Effects of
Typhoon Aid and Development: The Effects of Typhoon-Resistant Schools and Instructional Resources on Educational Attainment in the Philippines AVA GAIL CAS ∗ This paper examines the effects on educational attainment of assistance programs that provided…
Examining Monetary Policy Transmission in the
Examining Monetary Policy Transmission in the People’s Republic of China–Structural Change Models with a Monetary Policy Index+ ∗ PAUL G. EGAN AND ANTHONY J. LEDDIN This paper estimates augmented versions of the Investment–Saving curve for…
Foreign Direct Investment, Terms of Trade,
Foreign Direct Investment, Terms of Trade, and Quality Upgrading: What Is So Special about South Asia? KONSTANTIN M. WACKER, PHILIPP GROSSKURTH, ∗ AND TABEA LAKEMANN The existing literature has highlighted the positive effect of foreign…
Information and Communication
Information and Communication Technology-Enabled Modern Services Export Performances of Asian Economies ∗ SHAHBAZ NASIR AND KALIAPPA KALIRAJAN Advancements in information and communication technology (IKT) have expanded the possibilities for trade in modern services. Many emerging…
Enjoying the Fruits of Their Labor: Redirecting
Enjoying the Fruits of Their Labor: Redirecting Exports to Asian Consumers WILLEM THORBECKE ∗ There has been an explosion in the amount of parts and components traded within East Asian production networks. The People’s Republic…
Analysis of Credit Ratings for Small
Analysis of Credit Ratings for Small and Medium-Sized Enterprises: Evidence from Asia ∗ NAOYUKI YOSHINO AND FARHAD TAGHIZADEH-HESARY In Asia, small and medium-sized enterprises (SMEs) account for the major share of employment and dominate domestic…