Asian Economic Journal最新文献

筛选
英文 中文
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 : 2020-08-11 DOI: 10.1111/asej.12216
{"title":"Postponement of EAEA17 Conference: Call for Papers and Preliminary Information","authors":"","doi":"10.1111/asej.12216","DOIUrl":"10.1111/asej.12216","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2020-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12216","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48748206","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
Pandemic (COVID-19) Policy, Regional Cooperation and the Emerging Global Production Network† 大流行(COVID - 19)政策、区域合作与新兴全球生产网络†
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2020-06-09 DOI: 10.1111/asej.12198
Fukunari Kimura, Shandre Mugan Thangavelu, Dionisius Narjoko, Christopher Findlay
{"title":"Pandemic (COVID-19) Policy, Regional Cooperation and the Emerging Global Production Network†","authors":"Fukunari Kimura,&nbsp;Shandre Mugan Thangavelu,&nbsp;Dionisius Narjoko,&nbsp;Christopher Findlay","doi":"10.1111/asej.12198","DOIUrl":"10.1111/asej.12198","url":null,"abstract":"<p>In this paper, we explore the possible policy responses to the COVID-19 pandemic shock as well as the related economic (financial crisis) shocks on trade and global value chains (GVC) in East Asia. We find that regional policy coordination is critical to mitigate and isolate the pandemic shock. It is important to identify the pandemic events early to flatten the pandemic curve at the national and regional level. This supports a recent study by the World Bank (2020), which highlights the importance of early mitigation policies during the pandemic shock. The cost of the pandemic and economic shocks will increase significantly when several countries in the region experience the pandemic shock concurrently. In this case, flattening the regional pandemic curve becomes important. The results also indicate the need for greater coordination in East Asia to mitigate the pending economic shock in terms of unemployment, corporate bankruptcy and financial market fragility. The paper also highlights that the stability of the GVC network is critical during the pandemic in terms of hedging the risk of disruptions to the procurement of critical medical and health products as well as maintaining service linkages to manufacturing, such as the logistics sector. Regional policy coordination and the stability of GVC will be valuable in the post-pandemic recovery of the region.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2020-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12198","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42816983","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 66
Price-Setting Behavior of Korean Firms† 韩国企业定价行为研究[j]
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2020-06-09 DOI: 10.1111/asej.12197
SungJu Song, Myung-Soo Yie, Chang-Gui Park
{"title":"Price-Setting Behavior of Korean Firms†","authors":"SungJu Song,&nbsp;Myung-Soo Yie,&nbsp;Chang-Gui Park","doi":"10.1111/asej.12197","DOIUrl":"10.1111/asej.12197","url":null,"abstract":"<p>This paper investigates a pattern of price revision by firms in Korea and sheds light on the cause of price stickiness by providing reliable statistical estimates for calibration of the parameters of the widely-used macro-models. Based on firm-level survey data and using a probit model, we identify the firm characteristics or market conditions that discourage firms from carrying out state-dependent price adjustment. We also estimate the factors driving firms to engage in state-dependent adjustment rather than wait until the next scheduled revision under three different shocks: demand, general cost and exchange rate shocks. We find a few interesting features, as follows. First, price revision by Korean firms tends to be time-dependent rather than state-dependent, with a sizable dispersion across sectors and firm sizes. Second, the pattern of price revision in Korea is not significantly different from that in selected advanced economies. Third, the reason why firms favor time-dependent price adjustments appears to be endogenous, accounted for by a number of market institution variables. Fourth, in response to shocks, Korean firms tend to wait until the next periodically scheduled revision rather than make a state-dependent price adjustment, unless marginal costs are affected significantly by the shock, and state-dependent revisions are often significantly delayed when they do occur.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2020-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12197","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43973138","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
Zombie Firms and Soft Budget Constraints in the Chinese Stock Market* 僵尸企业与中国股市的软预算约束*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2020-06-09 DOI: 10.1111/asej.12194
Chenyan Zhang, Yongqiao Chen, Huiyu Zhou
{"title":"Zombie Firms and Soft Budget Constraints in the Chinese Stock Market*","authors":"Chenyan Zhang,&nbsp;Yongqiao Chen,&nbsp;Huiyu Zhou","doi":"10.1111/asej.12194","DOIUrl":"10.1111/asej.12194","url":null,"abstract":"<p>The growth of zombie firms has caused increasing concern. The present study seeks to understand why zombie firms have been emerging in recent 10 years and to further explore the mechanisms of their formation. Based on a dataset of Chinese listed companies from 2012 to 2016 and empirical analysis, the present study ascribes the prevalence of zombie firms to soft budget constraints. After using a modified identification model in the Chinese context, we concluded that zombie firms have access to some external resources such as credit support from banks and governmental subsidies, substantiating soft budget constraints among zombie firms. To explain this phenomenon, further analysis reveals that zombie firms bear a heavier policy burden by hiring excess employees, which will bring them more subsidies and a stronger relationship with government in return. This result indicates that policy burden is the reason for soft budget constraints, which exacerbates the zombie firm problems in China.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2020-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12194","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48379325","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: 14
Consumers' Valuation of Geographical Indication-Labeled Food: The Case of Hom Mali Rice in Bangkok* 消费者对地理标志食品的评价:以曼谷的香米为例*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2020-06-09 DOI: 10.1111/asej.12196
Ji Yong Lee, Noppawong Pavasopon, Orachos Napasintuwong, Rodolfo M. Nayga Jr
{"title":"Consumers' Valuation of Geographical Indication-Labeled Food: The Case of Hom Mali Rice in Bangkok*","authors":"Ji Yong Lee,&nbsp;Noppawong Pavasopon,&nbsp;Orachos Napasintuwong,&nbsp;Rodolfo M. Nayga Jr","doi":"10.1111/asej.12196","DOIUrl":"10.1111/asej.12196","url":null,"abstract":"<p>This study investigated consumers' valuation of geographical indication (GI) and protected geographical indication (PGI)-labeled rice in Bangkok using a non-hypothetical experimental auction in a field setting. We also examined the effects of sequentially providing information about geographical indications on product valuation. The results suggest that consumers are willing to pay premiums for rice with geographical certifications, with the highest premium for the rice with both GI and PGI certifications. The provision of detailed information about the geographical indications further increases the premiums. However, consumers suffer a welfare loss under the current high market prices for rice with geographical certifications. A price reduction of approximately 10 percent would be needed to gain consumer welfare from the introduction of GI and PGI certification.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2020-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12196","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43940102","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
Intranational Consumption Risk Sharing in South Korea: 2000–2016 韩国国内消费风险分担:2000-2016
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2020-06-09 DOI: 10.1111/asej.12195
Joongsan Ko
{"title":"Intranational Consumption Risk Sharing in South Korea: 2000–2016","authors":"Joongsan Ko","doi":"10.1111/asej.12195","DOIUrl":"10.1111/asej.12195","url":null,"abstract":"<p>This paper examines consumption risk sharing among 16 regions in South Korea over the 2000–2016 period. The empirical results show that 91.8 percent of shocks to gross regional domestic product are smoothed in South Korea. Capital markets, the tax-transfer system and credit markets absorb 29.9, 28.9 and 33.0 percent of shocks to gross regional domestic product, respectively. Most notably, South Korea relies more on credit markets for risk sharing than capital markets, an opposite pattern to advanced countries like the USA, Canada and Australia. Furthermore, the patterns of consumption risk sharing are different before and after the 2007–2008 global financial crisis, and differences in regional industrial structure and local development can influence these patterns. This paper attempts to infer the connection between these findings and both the rapid economic growth of South Korea and the Asian and global financial crises.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2020-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12195","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44767493","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: 3
Issue Information 问题信息
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2019-12-01 DOI: 10.1111/asej.12156
{"title":"Issue Information","authors":"","doi":"10.1111/asej.12156","DOIUrl":"https://doi.org/10.1111/asej.12156","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12156","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41499552","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
Convergence and Intercountry Inequality within Asia: A Combined Approach Using Decomposition Techniques and Transitional Dynamics Analysis 亚洲趋同与国家间不平等:基于分解技术和过渡动力学分析的组合方法
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2019-12-01 DOI: 10.1111/asej.12192
Lafang Wang, Tsun Se Cheong, Yanrui Wu, Jianxin Wu
{"title":"Convergence and Intercountry Inequality within Asia: A Combined Approach Using Decomposition Techniques and Transitional Dynamics Analysis","authors":"Lafang Wang, Tsun Se Cheong, Yanrui Wu, Jianxin Wu","doi":"10.1111/asej.12192","DOIUrl":"https://doi.org/10.1111/asej.12192","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12192","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43955769","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: 1
Local Governance: Impacts of Fiscal Decentralization on Government Size and Spending Composition in Vietnam* 地方治理:财政分权对越南政府规模和支出构成的影响*
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2019-12-01 DOI: 10.1111/asej.12189
S. D. Thanh, N. P. Canh
{"title":"Local Governance: Impacts of Fiscal Decentralization on Government Size and Spending Composition in Vietnam*","authors":"S. D. Thanh, N. P. Canh","doi":"10.1111/asej.12189","DOIUrl":"https://doi.org/10.1111/asej.12189","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12189","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49486819","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: 15
Shift from Input‐based Growth to Productivity‐based Growth in Korean Manufacturing Industry 韩国制造业从以投入为基础的增长转向以生产率为基础的增长
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2019-12-01 DOI: 10.1111/asej.12191
Chao Wu, Taegil Kim, Keun-Yeob Oh
{"title":"Shift from Input‐based Growth to Productivity‐based Growth in Korean Manufacturing Industry","authors":"Chao Wu, Taegil Kim, Keun-Yeob Oh","doi":"10.1111/asej.12191","DOIUrl":"https://doi.org/10.1111/asej.12191","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":null,"pages":null},"PeriodicalIF":1.3,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/asej.12191","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44179648","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
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信