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Where to Locate? The Correlation Between Spatial Proximity and Location Choice of New Firms: The Case of Pakistan* 在哪里找到?空间接近性与新企业区位选择的关系:以巴基斯坦为例*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-07-07 DOI: 10.1111/asej.12243
Maryiam Haroon, Azam Chaudhry
{"title":"Where to Locate? The Correlation Between Spatial Proximity and Location Choice of New Firms: The Case of Pakistan*","authors":"Maryiam Haroon,&nbsp;Azam Chaudhry","doi":"10.1111/asej.12243","DOIUrl":"10.1111/asej.12243","url":null,"abstract":"<p>The formation of new firms is an important determinant of regional economic development and agglomeration is a key factor affecting the formation and scale of operations of new firms. The present paper is among the first to explore the relationship between agglomeration economies (using localization and urbanization economies) and new firms' formation and scale of operations in a developing country. We make use of rich firm-level data and find that agglomeration has a significant impact on the formation of new firms and their scale of operation in Punjab, Pakistan. Our findings also reveal that localization at all scales (small, medium and large) has a positive correlation with the arrival of new firms, while medium-scale and large-scale localization is positively correlated with the scale of operation of new firms.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 2","pages":"187-208"},"PeriodicalIF":1.3,"publicationDate":"2021-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12243","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42408292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Determinants of Earnings and Gender Earnings Gaps among Highly Educated Workers within Major Cities in Asian Countries* 亚洲主要城市高学历工人收入和性别收入差距的决定因素*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-07-07 DOI: 10.1111/asej.12242
Mamiko Takeuchi
{"title":"Determinants of Earnings and Gender Earnings Gaps among Highly Educated Workers within Major Cities in Asian Countries*","authors":"Mamiko Takeuchi","doi":"10.1111/asej.12242","DOIUrl":"10.1111/asej.12242","url":null,"abstract":"<p>The present paper analyzes determinants of earnings and the gender earnings gap among highly educated younger workers from nine major cities in Asian countries. We identify skill premiums for both men and women in each city, such as holding a postgraduate degree or degrees in specific fields and experience working or studying abroad. These results show that competition for earnings among highly educated younger workers has been increasing in these cities. Furthermore, the results reveal that, despite being quite narrow, significant gender gaps do exist; the means of log female earnings in each city range between 95.6 and 97.9 percent of those of men. Individuals having natural science degrees or managerial positions possibly affects these small gender gaps in some cities.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 2","pages":"166-186"},"PeriodicalIF":1.3,"publicationDate":"2021-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12242","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45953246","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Do Higher-Quality Regional Trade Agreements Improve the Quality of Export Products from China to “One-Belt One-Road” Countries?* 高质量的区域贸易协定是否能提高中国对“一带一路”国家出口产品的质量?＊
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-07-07 DOI: 10.1111/asej.12241
Jin Sun
{"title":"Do Higher-Quality Regional Trade Agreements Improve the Quality of Export Products from China to “One-Belt One-Road” Countries?*","authors":"Jin Sun","doi":"10.1111/asej.12241","DOIUrl":"10.1111/asej.12241","url":null,"abstract":"<p>The paper examines the impact of the quality of regional trade agreements (RTA) on the quality of China's exports to the ‘Belt and Road' countries. We use enterprise and product data from China and from 11 Belt and Road countries that have signed RTA with China. The quality of the RTA, as measured by clause coverage and law commitment indexes, significant impact in the quality of export products. In RTAs, the commitment rate plays an overall important role; however, the clause coverage rate of the new generation of WTO-X agreements has a greater effect than for WTO+ agreements, especially for medium and high-technology products, which must meet the high standards. The effect of high-quality RTA is greater in improving the quality of Chinese state-owned enterprises' products exported to Belt and Road countries when compared with those of private and foreign-holding companies.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 2","pages":"142-165"},"PeriodicalIF":1.3,"publicationDate":"2021-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12241","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44594100","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
New Developments in International Production Networks: Impact of Digital Technologies* 国际生产网络的新发展:数字技术的影响*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-06-22 DOI: 10.1111/asej.12240
Ayako Obashi, Fukunari Kimura
{"title":"New Developments in International Production Networks: Impact of Digital Technologies*","authors":"Ayako Obashi,&nbsp;Fukunari Kimura","doi":"10.1111/asej.12240","DOIUrl":"https://doi.org/10.1111/asej.12240","url":null,"abstract":"<p>We conducted a standard gravity exercise using worldwide disaggregated trade data to shed light on the influence of digital technologies on network trade. We found that growing investment in industrial robots in relatively lagging economies, together with imported digitally deliverable services, is enhancing bilateral network trade flows in East Asia, but not necessarily in other parts of the world. This suggests that exploring complementarities between machines and human resources in production blocks supported by better service-link connectivity may allow newly developed economies to retain and expand the international division of labor.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 2","pages":"115-141"},"PeriodicalIF":1.3,"publicationDate":"2021-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12240","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"92306373","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 16
The Effect of Public Infrastructure on Cost Structure and Performance of Chinese Provinces* 公共基础设施对中国各省成本结构和绩效的影响*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-04-29 DOI: 10.1111/asej.12229
Chen Yu, Theofanis P. Mamuneas
{"title":"The Effect of Public Infrastructure on Cost Structure and Performance of Chinese Provinces*","authors":"Chen Yu,&nbsp;Theofanis P. Mamuneas","doi":"10.1111/asej.12229","DOIUrl":"10.1111/asej.12229","url":null,"abstract":"<p>This paper estimates a translog cost function for 29 Chinese provinces between 1979 and 2018. The results imply that investment in public infrastructure reduces costs in all provinces. Comparing the estimated rate of return to infrastructure with the rate of return to private capital, our results indicate underinvestment for the initial period after the economic reforms; however, after 2010 our results show overinvestment in infrastructure. Infrastructure capital is a substitute input to labor, private capital and intermediate inputs. Finally, public infrastructure growth contributes positively to labor and total factor productivity growth, but the effect is small. The growth of private capital and intermediate inputs are the most important factors that boost the growth of labor productivity.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 1","pages":"3-26"},"PeriodicalIF":1.3,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12229","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43873915","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Do ‘Boss Effects’ Exist in Japanese Companies? Evidence from Subordinate–Supervisor Matched Panel Data* 日本企业存在“老板效应”吗?来自下属-主管匹配面板数据的证据*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-04-29 DOI: 10.1111/asej.12228
Yuko Okajima, Hisakazu Matsushige, Yuwei Ye
{"title":"Do ‘Boss Effects’ Exist in Japanese Companies? Evidence from Subordinate–Supervisor Matched Panel Data*","authors":"Yuko Okajima,&nbsp;Hisakazu Matsushige,&nbsp;Yuwei Ye","doi":"10.1111/asej.12228","DOIUrl":"10.1111/asej.12228","url":null,"abstract":"<p>This article investigates whether supervisors can significantly enhance their subordinates' performance using a five-waves panel dataset from a medium-sized Japanese firm comprising around 400 employees. The dataset includes all regular non-managerial employees working in one manufacturing company. About 40 supervisors were matched to their subordinates, and the evaluation outcomes were used to evaluate the worker performance. The results showed that supervisor effects were heterogeneous, displayed a one-year lag, and lasted for two years. We proved the existence of the supervisor effect on current performance, by using current supervisor dummies or past supervisor dummies. Irrespective of the supervisor being switched, the effect of the past supervisor on workers’ current performance continues to exist. It was also found that these effects remained significant, even when workers were assigned new/different supervisors.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 1","pages":"57-75"},"PeriodicalIF":1.3,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12228","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"63195913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Reflections on a Journey* 对旅程的思考*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-04-29 DOI: 10.1111/asej.12230
Hal Hill
{"title":"Reflections on a Journey*","authors":"Hal Hill","doi":"10.1111/asej.12230","DOIUrl":"10.1111/asej.12230","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 1","pages":"96-105"},"PeriodicalIF":1.3,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12230","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46205412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Postponement of EAEA17 Conference: Call for Papers and Preliminary Information EAEA17会议延期:征集论文和初步资料
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-04-29 DOI: 10.1111/asej.12231
{"title":"Postponement of EAEA17 Conference: Call for Papers and Preliminary Information","authors":"","doi":"10.1111/asej.12231","DOIUrl":"https://doi.org/10.1111/asej.12231","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 1","pages":"106-108"},"PeriodicalIF":1.3,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12231","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"109175344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Impact of New Public Management on the Efficiency of Japanese Museums* 新公共管理对日本博物馆效率的影响*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-04-29 DOI: 10.1111/asej.12226
Miyuki Taniguchi
{"title":"Impact of New Public Management on the Efficiency of Japanese Museums*","authors":"Miyuki Taniguchi","doi":"10.1111/asej.12226","DOIUrl":"10.1111/asej.12226","url":null,"abstract":"<p>The aim of the present paper was to determine how small government policies have changed the management of Japanese prefectural museums since 2006. To reconstruct the budget positions of local governments, the Koizumi Government advocated a policy of ‘small’ government and cuts in the costs of public facilities. One example is the introduction of the designated manager system (DMS) into museums. The DMS is a form of new public management, enabling private managers to manage public facilities. Using stochastic frontier analysis, this paper investigates the impact of the introduction of the DMS on the efficiency of museums.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 1","pages":"76-95"},"PeriodicalIF":1.3,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12226","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46148932","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Corporate Social Responsibility, Firm Value and Corporate Governance Code Revisions: The Asian Evidence* 企业社会责任、企业价值与公司治理准则修订：亚洲证据*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2021-04-29 DOI: 10.1111/asej.12227
Chai-Aun Ooi, Chee-Wooi Hooy, Kyoko Nagata
{"title":"Corporate Social Responsibility, Firm Value and Corporate Governance Code Revisions: The Asian Evidence*","authors":"Chai-Aun Ooi,&nbsp;Chee-Wooi Hooy,&nbsp;Kyoko Nagata","doi":"10.1111/asej.12227","DOIUrl":"10.1111/asej.12227","url":null,"abstract":"<p>The present study examines the relationship between corporate social responsibility (CSR) and firm value, and the effects of corporate governance code revisions on the relationship. We examine this relationship for: (i) a high-income country, Japan; (ii) middle-income countries China, Malaysia and Thailand; and (iii) low-income countries India and Indonesia. We use the Heckman two-stage sample selection bias approach for the empirical analysis. We find that Japanese stakeholder CSR and environmental CSR have a smaller positive effect on firm value compared to the middle-income countries, but we do not find any statistically significant association for the low-income countries. In addition, we find that only Japanese corporate governance code revisions significantly contribute to the positive relationship between CSR and firm value, which concurs with the new recommendations documented in the revised codes of corporate governance. The present study reveals that foreign major shareholders matter to the value creation of CSR in Japan and the middle-income countries of China, Malaysia and Thailand.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"35 1","pages":"27-56"},"PeriodicalIF":1.3,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12227","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43366171","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
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