Asia and the Global Economy最新文献_第6页

Chinese influences on inflation determination in Australia and the ASEAN group: A Markov-switching analysis 中国对澳大利亚和东盟国家通货膨胀决定的影响:一个马尔可夫转换分析

Asia and the Global Economy Pub Date : 2022-07-01 DOI: 10.1016/j.aglobe.2022.100037

Richard C.K. Burdekin , Ran Tao

{"title":"Chinese influences on inflation determination in Australia and the ASEAN group: A Markov-switching analysis","authors":"Richard C.K. Burdekin , Ran Tao","doi":"10.1016/j.aglobe.2022.100037","DOIUrl":"https://doi.org/10.1016/j.aglobe.2022.100037","url":null,"abstract":"<div><p>China's rapidly growing role in the world economy has been accompanied by rising bilateral trade with Australia and the Association of Southeast Asian Nations (ASEAN group) as well as expanded offshore renminbi (RMB) markets in the region. Using a Markov-switching analysis that allows for variation across stable and volatile domestic inflation regimes, we find evidence of significant inflation transmission from China to Australia and the five larger ASEAN economies. Chinese inflation effects are further confirmed when we incorporate money supply and commodity price effects within a Markov-switching Vector Autoregressive (MSVAR) framework. The importance of allowing for regime change over our sample period is clear and these inflation effects are shown to generally be stronger during periods when domestic inflation is more volatile. These findings on inflation pass-through from China represent a novel extension to a prior literature that has been primarily limited to real economy and trade effects.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":"2 2","pages":"Article 100037"},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111522000147/pdfft?md5=464a9805432552ac933c6d192c1fccc4&pid=1-s2.0-S2667111522000147-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"92060738","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Exploring digital trade provisions in Regional Trade Agreements (RTAs) in times of crisis: India and Asia-Pacific countries 在危机时期探讨区域贸易协定(rta)中的数字贸易条款:印度和亚太国家

Asia and the Global Economy Pub Date : 2022-07-01 DOI: 10.1016/j.aglobe.2022.100036

Mohd Nayyer Rahman , Nida Rahman

{"title":"Exploring digital trade provisions in Regional Trade Agreements (RTAs) in times of crisis: India and Asia-Pacific countries","authors":"Mohd Nayyer Rahman , Nida Rahman","doi":"10.1016/j.aglobe.2022.100036","DOIUrl":"10.1016/j.aglobe.2022.100036","url":null,"abstract":"<div><p>The advent of the coronavirus in early 2020 led to the severe shutdown of economic activities across the globe. The virus led to a pandemic affecting the physical facilitation of cross border merchandise trade. International trade is augmented with trade documentation and physical verification. Regional Trade Agreements (RTAs) as WTO plus agreements between countries have provided bilateral trade opportunities for participating countries. Due to the pandemic, several physical processes shifted to digital mode and people were forced to participate, giving a boost to the digital economy across the world. Developing and under-developed countries were left behind due to a lack of clarity on digital trade provisions in the present WTO framework. Though, RTAs provided much scope for interpreting the existing provisions with innovation for the current times. The present study explores the digital trade provisions in the RTAs and how the pandemic will further push inculcating provisions. The focus is on RTAs that exist in the Asia Pacific region, along with India's perspective. The study identifies the initial digital provisions and collaborations, and evaluates the scope of digital trade.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":"2 2","pages":"Article 100036"},"PeriodicalIF":0.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111522000135/pdfft?md5=fc3548aeeafab361c29a6e5826ff3628&pid=1-s2.0-S2667111522000135-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88607844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Digital revolution, financial infrastructure and entrepreneurship: The case of India 数字革命、金融基础设施和创业:以印度为例

Asia and the Global Economy Pub Date : 2022-07-01 DOI: 10.1016/j.aglobe.2022.100027

Arvind Panagariya

引用次数: 0

Understanding the impact of the coronavirus outbreak on the economic integration of ASEAN countries 了解新冠肺炎疫情对东盟国家经济一体化的影响

Asia and the Global Economy Pub Date : 2022-07-01 DOI: 10.1016/j.aglobe.2022.100040

Wasim Ahmad , Rishman Jot Kaur Chahal , Shirin Rais

引用次数: 1

From marketization to a market economy in North Korea 朝鲜从市场化到市场经济

Asia and the Global Economy Pub Date : 2022-07-01 DOI: 10.1016/j.aglobe.2022.100038

Byung-Yeon Kim

引用次数: 0

Unequal opportunity and growth in India: A dynamic panel analysis by using survey data 印度的不平等机会与增长:基于调查数据的动态面板分析

Asia and the Global Economy Pub Date : 2022-01-01 DOI: 10.1016/j.aglobe.2022.100032

Panchanan Das

{"title":"Unequal opportunity and growth in India: A dynamic panel analysis by using survey data","authors":"Panchanan Das","doi":"10.1016/j.aglobe.2022.100032","DOIUrl":"10.1016/j.aglobe.2022.100032","url":null,"abstract":"<div><p>This study analyses the lack of robust conclusions about the association between inequality and economic growth. On the basis of ex-ante concept of inequality of opportunity, the parametric measure of unequal opportunity is used by partitioning the total sample in to 16 mutually exclusive circumstance groups. Theil's T index of monthly per capita consumption expenditure in household survey conducted by the NSSO in different rounds since the early 1980s is used to measure overall inequality and unequal opportunity. The relative index of inequality of opportunity is used as explanatory variable in the growth regression equation. To find out the direction of causality, we also estimate inequality equation by taking growth as an explanatory variable in presence of some control variables. Empirical findings of this study suggest that overall inequality and inequality of opportunity have negative effects on subsequent growth, while initial growth has no significant effect overall inequality and has a significant positive effect on inequality of opportunity.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":"2 1","pages":"Article 100032"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111522000093/pdfft?md5=a1209a3bc0347c4da4c4e6ccb6a93737&pid=1-s2.0-S2667111522000093-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84493974","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Cashless Payment in Emerging Markets: The Case of Russia 新兴市场的无现金支付:以俄罗斯为例

Asia and the Global Economy Pub Date : 2022-01-01 DOI: 10.1016/j.aglobe.2022.100033

Victor Gorshkov

引用次数: 5

Why northeast and southeast Asia must deepen their engagement with India 为什么东北亚和东南亚必须加深与印度的接触

Asia and the Global Economy Pub Date : 2022-01-01 DOI: 10.1016/j.aglobe.2022.100026

Arvind Panagariya

引用次数: 0

Woman among women: Female agency in traditional Chinese households, circa 1947 女人中的女人:1947年前后中国传统家庭中的女性代理

Asia and the Global Economy Pub Date : 2022-01-01 DOI: 10.1016/j.aglobe.2022.100025

Bas van Leeuwen, Jieli Li

{"title":"Woman among women: Female agency in traditional Chinese households, circa 1947","authors":"Bas van Leeuwen, Jieli Li","doi":"10.1016/j.aglobe.2022.100025","DOIUrl":"https://doi.org/10.1016/j.aglobe.2022.100025","url":null,"abstract":"<div><p>There is a big debate on the level of present-day female agency within the household in China. Even though the two sides of the debate make implicit assumptions on historical agency, a direct link is rarely established as we lack information on historical female agency among lower class households. In this paper we use a unique dataset on the ranking of women in the household for rural Yugan County (Jiangxi province, China) for the year 1947 when traditional households were still dominant.</p><p>The main conclusion is that, contrary to much of the classic literature on the subject, ranking among females in traditional Chinese households was much less rigid than expected, with most women being in charge at a certain point in their lives. This was mostly driven by gender-specific issues such as a son's taking over as the head of the household, thereby raising his wife's status, but with potential other daughters-in-law (wives of the brothers of the head of the household) ending up as assistants Yet, other factors also play a role. For example, we find a positive impact of traditional education on female agency.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":"2 1","pages":"Article 100025"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111522000020/pdfft?md5=ce5e8683f118352bfb8f06d3b18f04be&pid=1-s2.0-S2667111522000020-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137191174","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

North Korean trade network adaptation strategies under sanctions: Implications for denuclearization 制裁下的朝鲜贸易网络适应策略:对无核化的影响

Asia and the Global Economy Pub Date : 2022-01-01 DOI: 10.1016/j.aglobe.2022.100031

Justin V. Hastings

{"title":"North Korean trade network adaptation strategies under sanctions: Implications for denuclearization","authors":"Justin V. Hastings","doi":"10.1016/j.aglobe.2022.100031","DOIUrl":"10.1016/j.aglobe.2022.100031","url":null,"abstract":"<div><p>North Korean trade networks have adapted to international sanctions through a variety of strategies to solve the problem of operating in a hostile environment at both the global level, and at the local level. At the global level, they have engaged in obfuscation of the nature of trade and actors, use of state prerogatives and resource, and arbitraging the countries in which they operate. At the local cross-border level, North Korean trade networks maintain relationships with brokers that obfuscate their true nature, and engage in smuggling across the Chinese border by land, river, and sea. How North Korean trade networks have adapted to sanctions has implications for denuclearization. First, the sanctions-evading strategies used by North Korea in many respects originated in the changes wrought in the North Korean economy since the 1990s, and as such, they are likely to continue even if sanctions are loosened. Second, while North Korean trade networks have adapted to sanctions, this is not necessarily their optimal scenario for economic development, which has implications for Kim Jong-un's denuclearization strategy. Finally, the trade networks themselves can continue to be used as part of a hedging strategy by North Korea even if denuclearization is continuing apace, but this strategy requires the cooperation of non-North Korean businesses.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":"2 1","pages":"Article 100031"},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111522000081/pdfft?md5=9e86155f223fb7e1746bb37cc1517ac5&pid=1-s2.0-S2667111522000081-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73090453","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1