Wiley-Blackwell: Pacific Economic Review最新文献

Do University Sports Function as Advertising in the Japanese Higher Education Market? An Analysis of the Hakone Ekiden Long‐Distance Relay Road Race 大学体育在日本高等教育市场上是否具有广告功能?箱根Ekiden长距离公路接力赛分析

Wiley-Blackwell: Pacific Economic Review Pub Date : 2019-12-01 DOI: 10.1111/1468-0106.12316

Eiji Yamamura

引用次数: 0

How Changes in Global Liquidity Affect Dynamics of Banks’ Leverage: A Case in Hong Kong 全球流动性变化对银行杠杆动态的影响:以香港为例

Wiley-Blackwell: Pacific Economic Review Pub Date : 2019-08-01 DOI: 10.1111/1468-0106.12263

Kelvin Ho, C. Hui, Ka-fai Li, J. Wong

引用次数: 0

Natural Disasters and Firms in Vietnam 越南的自然灾害与企业

Wiley-Blackwell: Pacific Economic Review Pub Date : 2018-08-01 DOI: 10.1111/1468-0106.12184

T. Vu, Ilan Noy

引用次数: 13

Comparison of Important Laws Governing the Macroeconomies of Taiwan and China 台湾与中国宏观经济重要规律之比较

Wiley-Blackwell: Pacific Economic Review Pub Date : 2018-08-01 DOI: 10.1111/1468-0106.12180

G. Chow, Shou-Yung Yin

引用次数: 0

Decomposing Vietnamese Gender Equality in Terms of Wage Distribution 从工资分配角度分解越南性别平等

Wiley-Blackwell: Pacific Economic Review Pub Date : 2018-05-22 DOI: 10.1111/1468-0106.12269

H. Yamada, T. Vu

引用次数: 15

The Sovereign Yield Curve and Fiscal Behaviour in China 中国主权债券收益率曲线与财政行为

Wiley-Blackwell: Pacific Economic Review Pub Date : 2018-05-01 DOI: 10.1111/1468-0106.12159

Yifeng Yan, Ju'e Guo

引用次数: 5

Assessing Market Integration in ASEAN with Retail Price Data 用零售价格数据评估东盟市场一体化

Wiley-Blackwell: Pacific Economic Review Pub Date : 2017-10-01 DOI: 10.1111/1468-0106.12144

V. Dang, Yu (Alan) Yang

{"title":"Assessing Market Integration in ASEAN with Retail Price Data","authors":"V. Dang, Yu (Alan) Yang","doi":"10.1111/1468-0106.12144","DOIUrl":"https://doi.org/10.1111/1468-0106.12144","url":null,"abstract":"We assess the extent of market integration the Association of Southeast Asian Nations (ASEAN) using a comprehensive data set that contains actual local retail prices for 131 goods and services in ASEAN countries (except Laos and Myanmar) over the period of 1990–2013. We conduct two different, but complementary, approaches: analyzing price dispersion and testing for convergence to the law of one price via panel unit root tests. The 1997 Asian crisis and, to a lesser extent, the 2008 global crisis appear to have caused a considerable disruption in the process of market integration. Despite significant tariff reduction under the ASEAN Free Trade Area commitments in the past two decades, the level of price dispersion across ASEAN is higher in 2013 than in 1990. Panel unit root tests accounting for cross-section dependence show that convergence to the law of one price holds for only a minority of retail prices, including those of traded goods, in the ASEAN markets. We also consider a nonlinear exponential smooth transition autoregressive approach and a structural break as alternative adjustment dynamics in the panel unit root tests. Overall, our results suggest that there is much to be done in ASEAN to achieve a meaningful ASEAN economic community.","PeriodicalId":134313,"journal":{"name":"Wiley-Blackwell: Pacific Economic Review","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122734782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

Japanese Bank Productivity, 2007–2012: A Dynamic Network Approach 日本银行生产率，2007-2012:一个动态网络方法

Wiley-Blackwell: Pacific Economic Review Pub Date : 2017-10-01 DOI: 10.1111/1468-0106.12199

H. Fukuyama, William L. Weber

{"title":"Japanese Bank Productivity, 2007–2012: A Dynamic Network Approach","authors":"H. Fukuyama, William L. Weber","doi":"10.1111/1468-0106.12199","DOIUrl":"https://doi.org/10.1111/1468-0106.12199","url":null,"abstract":"We estimate a dynamic network (DN) directional output distance function for 100 Japanese banks operating during 2007–2012. Network production occurs in that deposits and other funds raised are produced as intermediate products in stage 1 and those intermediate products are used to generate a portfolio of assets in stage 2. The dynamic technology links production periods via nonperforming loans (NPL) and carryover assets, which take the form of excess reserves. Carryover assets expand the future production possibility set while NPL shrink future production possibilities. We extend previous DN methods to measure the performance of three types of Japanese commercial banks: city banks, regional banks and second regional banks. We test for and find differences in the three bank technologies relative to a common technology. Such differences are likely due to different institutional and regulatory structures. Unlike previous DN studies, we also allow for a non‐uniform abatement factor between previously‐produced NPL and other inputs in stage 1 and between performing loans and NPL in the current period. Measured productivity change is greater when each bank faces their own group technology rather than the pooled technology consisting of all bank types.","PeriodicalId":134313,"journal":{"name":"Wiley-Blackwell: Pacific Economic Review","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125978245","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 23

Impact of National Health Insurance on Entry and Competition in Remote Areas, Evidence from Taiwan's Dental Market 全民健保对偏远地区进入与竞争的影响，来自台湾牙科市场的证据

Wiley-Blackwell: Pacific Economic Review Pub Date : 2017-10-01 DOI: 10.1111/1468-0106.12137

J. Sheu

{"title":"Impact of National Health Insurance on Entry and Competition in Remote Areas, Evidence from Taiwan's Dental Market","authors":"J. Sheu","doi":"10.1111/1468-0106.12137","DOIUrl":"https://doi.org/10.1111/1468-0106.12137","url":null,"abstract":"This paper assesses the change in the supply of dental clinics after the implementation of Taiwan's National Health Insurance (NHI). Even though the government has enforced lower prices of treatment since the implementation of NHI, the increase in use could actually result in higher revenue for dentists. The higher profit could prompt dentists to attempt to enter markets that were previously unprofitable. This paper tested if NHI increased the dental clinic supply in geographically isolated areas by investigating whether the required minimum market size was reduced. We found that following the implementation of NHI, the per-dental clinic minimum market size significantly decreased. In addition, the decreased minimum market sizes were enabled by a corresponding increase in variable profits which is equal to the difference between price and average variable costs. This implies that the NHI-enlarged health care demand compensates for the possible losses of dental clinics due to price regulation. Furthermore, the results also suggest that the post-NHI dental market becomes more competitive when there is a second entrant in the market, and the level of competition approaches perfect competition when three and more dental clinics serve one market.","PeriodicalId":134313,"journal":{"name":"Wiley-Blackwell: Pacific Economic Review","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131974616","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Economic Policy with and Without Maximizing Rules 有和没有最大化规则的经济政策

Wiley-Blackwell: Pacific Economic Review Pub Date : 2017-05-01 DOI: 10.1111/1468-0106.12222

R. Lipsey

引用次数: 5