发布求助
文献互助 智能选刊 最新文献

Asian Economic Journal最新文献

筛选
英文 中文
Call for Papers and Preliminary Information 征稿和初步信息
IF 1 4区 经济学
Asian Economic Journal Pub Date : 2023-12-21 DOI: 10.1111/asej.12311
{"title":"Call for Papers and Preliminary Information","authors":"","doi":"10.1111/asej.12311","DOIUrl":"10.1111/asej.12311","url":null,"abstract":"","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 4","pages":"550-552"},"PeriodicalIF":1.0,"publicationDate":"2023-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138948492","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
Income volatility in adolescence and university enrollment: The case of South Korea 青少年时期的收入波动与大学入学率：韩国案例
IF 1 4区 经济学
Asian Economic Journal Pub Date : 2023-12-19 DOI: 10.1111/asej.12312
Bo-hui Kwon, Gyeahyung Jeon
{"title":"Income volatility in adolescence and university enrollment: The case of South Korea","authors":"Bo-hui Kwon,&nbsp;Gyeahyung Jeon","doi":"10.1111/asej.12312","DOIUrl":"10.1111/asej.12312","url":null,"abstract":"<p>This study examines the relationship between parental income volatility and children's university enrollment. It measures parental income instability using the following indicators: (1) transitory income volatility, (2) standard deviation of the arc percent change, and (3) coefficient of variation. These metrics are derived from the total household income data collected from the child's first year of middle school through the third year of high school. Additionally, this study investigates the impact of income trends by analyzing the regression coefficient obtained by regressing total household income against the father's age. An investigation of individuals born between 1986 and 1998, who graduated from general high school, reveals an negative correlation between parental income instability/trends and the likelihood of children enrolling in a 4-year university. However, this correlation is only statistically significant for low-income households. These findings imply that despite similar average income levels, households with high income volatility in the lower-income group are less likely to make adequate educational investments in their children.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 4","pages":"466-491"},"PeriodicalIF":1.0,"publicationDate":"2023-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138963011","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
Individual tourist expenditures in Japan during the inbound tourism boom period (2015–2017): Empirical evidence from micro survey data 入境旅游繁荣期（2015-2017 年）的日本个人游客支出：来自微观调查数据的经验证据
IF 1 4区 经济学
Asian Economic Journal Pub Date : 2023-12-19 DOI: 10.1111/asej.12314
Yoichi Matsubayashi, Yoshihisa Inada
{"title":"Individual tourist expenditures in Japan during the inbound tourism boom period (2015–2017): Empirical evidence from micro survey data","authors":"Yoichi Matsubayashi,&nbsp;Yoshihisa Inada","doi":"10.1111/asej.12314","DOIUrl":"10.1111/asej.12314","url":null,"abstract":"<p>This study empirically examines the characteristics of demand generated by inbound tourism (inbound demand) in Japan in the 2010s using individual data from the Consumption Trend Survey for Foreigners Visiting Japan. This is the first study to investigate the detailed characteristics of inbound consumption during Japan's inbound boom period using individual micro survey data. One of the main findings is that household income and the exchange rate significantly affect inbound demand. This is especially true for inbound demand by visitors from Asian countries, whose main purpose for visiting Japan is shopping. Another main finding is that visa relaxation effectively increases the number of tourists from China. The third finding is that the payment environment in Japan, including the use of credit cards, has a significant impact on inbound demand. These findings provide an in-depth insight into inbound demand as a potential engine for future economic growth in Japan.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 4","pages":"492-518"},"PeriodicalIF":1.0,"publicationDate":"2023-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138960116","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
Does outward foreign direct investment improve the performance of domestic firms? Case of Korea 对外直接投资能否改善国内企业的业绩？韩国案例
IF 1 4区 经济学
Asian Economic Journal Pub Date : 2023-12-18 DOI: 10.1111/asej.12315
Soomin Han, Sunghyun Kim
{"title":"Does outward foreign direct investment improve the performance of domestic firms? Case of Korea","authors":"Soomin Han,&nbsp;Sunghyun Kim","doi":"10.1111/asej.12315","DOIUrl":"10.1111/asej.12315","url":null,"abstract":"<p>In this article, we use firm-level data in Korea from 2010 to 2019 to analyze whether outward foreign direct investment (OFDI) affects the productivity of domestic firms, known as reverse knowledge spillovers. Using propensity score matching and difference-in-difference regressions, we verify that OFDI improves the productivity of parent companies. Considering the characteristics of OFDI and the parent company, these positive effects become greater when (1) parent company's absorptive capacity (technology level) is high, (2) OFDI is in the M&amp;A form, and (3) OFDI is toward developed countries. In addition to these direct effects, we investigate whether OFDI improves the productivity of other domestic firms within and across industries, known as horizontal and vertical spillovers. The results demonstrate strong evidence of positive vertical spillovers but not horizontal spillovers. These evidence provide important policy implications about the specifics of outward direct investment that are beneficial to capital-exporting countries.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 4","pages":"519-549"},"PeriodicalIF":1.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138742132","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
The synchronization between Korea's and Japan's business cycles 韩国和日本商业周期的同步性
IF 1 4区 经济学
Asian Economic Journal Pub Date : 2023-12-18 DOI: 10.1111/asej.12313
Keun Yeong Lee
{"title":"The synchronization between Korea's and Japan's business cycles","authors":"Keun Yeong Lee","doi":"10.1111/asej.12313","DOIUrl":"10.1111/asej.12313","url":null,"abstract":"<p>This article analyzes the evolution of the dynamic interactions between Korea's and Japan's business cycles. The logarithmic industrial production is first decomposed into trends and cycles using bounceback models. The estimation results of the two-state Markov switching model show that the synchronization coefficient of Korea–Japan is positive and time-varying. However, according to the estimation results of the heteroscedasticity-based VAR model, the Japanese business cycle shock has a positive effect on the contemporaneous Korean business cycle, but not vice versa. Based on these results, I estimate a TVP-VAR model assuming Cholesky decomposition and find that Japanese upward shocks do not have positive impacts on the Korean business cycle in the period before the global financial crisis or the period after the global financial crisis and before the COVID-19 outbreak. The response of Korea to the Japanese shock is smaller in the three-variable TVP-VAR compared to the two-variable TVP-VAR without the United States. The Korean business cycle upward shock also has a similar effect on the Japanese business cycle, albeit smaller, depending on the period. Overall, the size of the response seems to be closely related to global events as well as changes in trade, FDI, and political conditions between two countries.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 4","pages":"435-465"},"PeriodicalIF":1.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138741861","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
Exchange rate effects on China's exports: Product sophistication and exchange rate elasticity 汇率对中国出口的影响:产品复杂性和汇率弹性
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2023-11-12 DOI: 10.1111/asej.12309
Chen Chen, Nimesh Salike, Willem Thorbecke
{"title":"Exchange rate effects on China's exports: Product sophistication and exchange rate elasticity","authors":"Chen Chen,&nbsp;Nimesh Salike,&nbsp;Willem Thorbecke","doi":"10.1111/asej.12309","DOIUrl":"10.1111/asej.12309","url":null,"abstract":"<p>The negative effect of a currency appreciation on a country's exports may be attenuated as its export basket becomes more sophisticated. This paper investigates whether exchange rate changes affect China's exports differently depending on their sophistication levels, as measured by the Product Complexity Index (PCI). We estimate exchange rate elasticities for 1242 export categories disaggregated at the HS-4-digit level from 1995 to 2018 using bilateral trade data between China and 190 partner economies. Results indicate that exchange rate fluctuations have negative effects on China's export values, and exchange rate effects are less for more sophisticated exports. This decreasing of exchange rate elasticities for more sophisticated exports holds even when controlling for tariffs. The evidence also shows that, as China has upgraded its export basket over time, the impact of exchange rates on exports has become smaller and less significant. Moreover, the effect of exchange rate related policies on export values via the exchange rate is smaller and less significant for China's more sophisticated exports.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 3","pages":"371-400"},"PeriodicalIF":1.3,"publicationDate":"2023-11-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/asej.12309","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135782655","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: 0
Does CEO's foreign experience promote export performance? Evidence from China CEO的海外经历是否促进了出口业绩?来自中国的证据
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2023-11-03 DOI: 10.1111/asej.12307
Jialong Wang, Ran Cui
{"title":"Does CEO's foreign experience promote export performance? Evidence from China","authors":"Jialong Wang,&nbsp;Ran Cui","doi":"10.1111/asej.12307","DOIUrl":"10.1111/asej.12307","url":null,"abstract":"<p>We examine whether CEOs with foreign experience influence firms' export performance. Using a combined dataset based on Chinese-listed firms from 2008 to 2021, we determine that hiring CEOs with foreign experience significantly enhances firms' export performance. In addition, we document that the positive relationship between CEOs' foreign experience and firms' export performance is more pronounced when CEOs have long-term foreign work experience. The impact of foreign experience on firms' export performance varies with CEOs' gender. Furthermore, the advantage of appointing CEOs with foreign experience is only significant when firms have long-time lifespan or receive intensive foreign direct investment. The results are robust to the endogenous CEO selection using instrument variable method, propensity score matching method, and the fixed-effects model. Accordingly, our findings offer policy implications by suggesting that hiring a CEO with foreign experience is an efficient way to improve firms' export performance.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 3","pages":"326-345"},"PeriodicalIF":1.3,"publicationDate":"2023-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135738310","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
Social safety nets and productivity outcomes: Evidence and implications for Bangladeshi rice growers 社会安全网和生产力成果:对孟加拉国水稻种植者的证据和影响
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2023-11-02 DOI: 10.1111/asej.12310
Md Abdus Salam, Asif Reza Anik
{"title":"Social safety nets and productivity outcomes: Evidence and implications for Bangladeshi rice growers","authors":"Md Abdus Salam,&nbsp;Asif Reza Anik","doi":"10.1111/asej.12310","DOIUrl":"10.1111/asej.12310","url":null,"abstract":"<p>Using national representative cross-sectional data from 8846 rice growing plots in Bangladesh, we analyze the impact of social safety net programs (SSNPs) on rice farmers' productivity and efficiency. This study applied the propensity score matching (PSM) approach to correct the possible self-selection biases arising from observed and unobserved factors affecting a household's SSNP participation decisions. The stochastic frontier production function is estimated separately for participants and non-participants to compare yield and technical efficiency. Our results show that the output elasticities of all inputs except land and fertilizer are significantly higher for non-participants than participants. The SSNP participants are estimated to have 1.95% higher technical efficiency than the non-participants, while their frontier yield is 11.75% higher. The average treatment effect on treated (ATET) also confirms the yield and efficiency-enhancing role of SSNPs, particularly in climate-stressed areas. The study argues for widening the SSNP coverage to increase the marginal farmers' efficiency in climate-vulnerable areas. Other policy interventions include policies to increase farmers' access to land through the proper functioning land market, education, providing literacy training, and different production inputs.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 3","pages":"401-428"},"PeriodicalIF":1.3,"publicationDate":"2023-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135737825","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
The effect of the Bank of Japan's Exchange-Traded Fund purchases on firm performance 日本央行购买交易所交易基金对公司业绩的影响
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2023-10-22 DOI: 10.1111/asej.12308
Hiroshi Gunji, Kazuki Miura, Yuan Yuan
{"title":"The effect of the Bank of Japan's Exchange-Traded Fund purchases on firm performance","authors":"Hiroshi Gunji,&nbsp;Kazuki Miura,&nbsp;Yuan Yuan","doi":"10.1111/asej.12308","DOIUrl":"10.1111/asej.12308","url":null,"abstract":"<p>Since December 2010, the Bank of Japan has been purchasing exchange-traded funds (ETFs) that track the Nikkei 225 and TOPIX. In this study, we examine how the Bank of Japan's purchase of ETFs affects companies' profits, innovation investment, and governance using a difference-in-differences method. The results show that the ETF purchase policy lowered the return on assets for TOPIX and Nikkei 225 companies by 0.2%–1.5% and 0.8%–1.8%, respectively. As random assignment of data sources to either treatment or control groups was not possible, we also performed a propensity score method, of which the results were robust. Our study enhances the current understanding of the unintended effects of a central bank purchasing private assets. However, our findings are by no means perfect, and therefore, care will also need to be taken in interpreting the results.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 3","pages":"346-370"},"PeriodicalIF":1.3,"publicationDate":"2023-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135735114","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
Rural digital infrastructure and labor market: Evidence from universal telecommunication service 农村数字基础设施与劳动力市场:来自普遍电信服务的证据
IF 1.3 4区 经济学
Asian Economic Journal Pub Date : 2023-10-02 DOI: 10.1111/asej.12306
Qing Wang, Xingyu Xia, Sai Lan, Miao Li
{"title":"Rural digital infrastructure and labor market: Evidence from universal telecommunication service","authors":"Qing Wang,&nbsp;Xingyu Xia,&nbsp;Sai Lan,&nbsp;Miao Li","doi":"10.1111/asej.12306","DOIUrl":"10.1111/asej.12306","url":null,"abstract":"<p>This study estimates the effects of the rapid expansion of digital infrastructure on rural employment and income. We use a triple-difference framework and exploit the geographic variation of the recent universal telecommunication service in China. Empirical results reveal increased broadband adoption after the implementation of the program with governmental subsidy. The universal telecommunication service led to an increase in rural residents’ income and their employment in the non-agricultural sector, especially salaried work. The findings suggest that digital infrastructure promotes the transformation of the rural economy in emerging markets.</p>","PeriodicalId":45838,"journal":{"name":"Asian Economic Journal","volume":"37 3","pages":"293-325"},"PeriodicalIF":1.3,"publicationDate":"2023-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135639080","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
首页 上一页 下一页 尾页
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
现在去查看 取消
×
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：604180095
Book学术官方微信