Journal of the Asia Pacific Economy最新文献

{"title":"Local financial development and the growth of small firms in Vietnam","authors":"V. Tran, Yabibal M. Walle, H. Herwartz, T. Nguyen","doi":"10.1080/13547860.2022.2109379","DOIUrl":"https://doi.org/10.1080/13547860.2022.2109379","url":null,"abstract":"","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41968789","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}

{"title":"Investigating SME’s credit constraints: a trinary approach","authors":"L. Archer, Parmendra Sharma, J. Su","doi":"10.1080/13547860.2022.2109378","DOIUrl":"https://doi.org/10.1080/13547860.2022.2109378","url":null,"abstract":"","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44194488","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}

{"title":"High-speed rail and urban innovation: based on the perspective of labor mobility","authors":"Chang’an Wang, Junqian Wu, Xiaoqian Liu","doi":"10.1080/13547860.2022.2058257","DOIUrl":"https://doi.org/10.1080/13547860.2022.2058257","url":null,"abstract":"","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48210314","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}

{"title":"Building an open and stable capital market: a supervision intensity perspective","authors":"Fanjie Fu, A. Collins, Shujie Yao","doi":"10.1080/13547860.2022.2089477","DOIUrl":"https://doi.org/10.1080/13547860.2022.2089477","url":null,"abstract":"Abstract This article investigates the impact of supervision intensity on stock price crash risk (SPCR) in China. A firm’s decision to hide bad news lies in the trade-off between the benefits of violation and the costs of being punished by government regulations. Our research findings reveal an inverted U-shaped relationship between SPCR and supervision intensity. Institutional shareholding strengthens the inverted U-shaped relationship between supervision intensity and SPCR through the mediating effect. This inverted U-shaped relationship is even more sensitive in low transparency firms. Better local market conditions and external auditing seemingly enhance supervision effectiveness, and hence mitigate SPCR. This article also discusses the supervision of other developed countries, such as the USA, Japan, and the UK, as well as other historical evidence to further inform the design of open and stable capital markets, particularly in the Chinese context.","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":"27 1","pages":"551 - 584"},"PeriodicalIF":1.4,"publicationDate":"2022-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41432976","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}

{"title":"What causes outward foreign direct investment (OFDI) from India into least developed countries (LDCs)?","authors":"Apoorva Jain, Sonal Thukral","doi":"10.1080/13547860.2022.2097619","DOIUrl":"https://doi.org/10.1080/13547860.2022.2097619","url":null,"abstract":"","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47159126","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}

{"title":"Does China’s direct investment in ASEAN have institutional preference from the perspective of investment motivation heterogeneity?","authors":"Chen Siyue, Gengzhi Huang, Zhang Hongou, Ye Yuyao, Wu Qitao","doi":"10.1080/13547860.2022.2097372","DOIUrl":"https://doi.org/10.1080/13547860.2022.2097372","url":null,"abstract":"","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":"1 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59873262","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}

{"title":"Introduction to open economy and globalization","authors":"Jing Li, Guanghua Wan, Junchang Wang","doi":"10.1080/13547860.2022.2092951","DOIUrl":"https://doi.org/10.1080/13547860.2022.2092951","url":null,"abstract":"The Institute of World Economy of Fudan University and the Research Center for Economy of Upper Reaches of the Yangtse River and the School of Economics of Chongqing Technology and Business University approached the Journal of the Asia Pacific Economy for publishing a special issue on the Open Economy and Globalization. With the support of Professor Leong Liew and the financial assistance of the Natural Science Foundation of China (NSF Project No. 71833003) and the National Social Science Foundation of China (NSSFC Project No. 19AJY016), an international workshop was held at Chongqing Technology and Business University on October 16, 2021. Due to the epidemic, a total of 12 selected papers from 49 submissions in response to our call-for-papers were presented and discussed at the workshop. A sub-set of the selected papers went through the normal review process and eight papers are accepted for publication. Three of the eight papers are closely related to the Belt and Road Initiative (BRI) launched by China in 2013. Paper 2 by Jing Wang and Xi Tian applies an augmented gravity model to 2012–2020 data and estimates the impacts of the BRI on China’s bilateral trade with her 190 trading partners. They find that the BRI significantly raised the extensive and intensive margins of China’s exports and imports, benefiting both trading parties. These effects varied with product categories and income levels of trading partners. Paper 3 is contributed by Yahui Chen, Charles van Marrewijk, Changsheng Xu, and Congmin Zuo, who analyze the impacts of the BRI on the economic and business environment of BRI participants. The authors discover that the impacts are positive, especially in terms of business starting and contract enforcing. Further, the positive effects are larger in low-income countries or economies with rising investments from China. In Paper 4, Kailei Wei, Suhan Li, and Chunxia Jiang explore the spatial heterogeneity and time-varying nature of FDI determinants by specially examining the BRI impact on FDI inflows. For this purpose, they apply long-term static model and short-term dynamic model to provincial panel data from China for the period of 1979–2018. Both positive and negative determinants of FDI inflows are identified and","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":"27 1","pages":"397 - 399"},"PeriodicalIF":1.4,"publicationDate":"2022-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47516382","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}

{"title":"ICT, human capital and productivity in Chinese cities","authors":"Qing Li, Yanrui Wu","doi":"10.1080/13547860.2022.2094643","DOIUrl":"https://doi.org/10.1080/13547860.2022.2094643","url":null,"abstract":"","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45655576","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}

{"title":"Economic freedom, economic development and income inequality in Asia: an analysis from the Kuznets curve perspective","authors":"Cong Minh Huynh","doi":"10.1080/13547860.2022.2094644","DOIUrl":"https://doi.org/10.1080/13547860.2022.2094644","url":null,"abstract":"<p><b>Abstract</b></p><p>The impact of economic freedom on income inequality has been inconclusive in the literature. Previous studies also show the importance of economic freedom in boosting economic development, whereas the Kuznets curve theory indicates the inverted U-shaped relationship between economic development and income inequality. Thus, economic development may play an important role in moderating the nexus of economic freedom and income inequality. This study throws light on the effects of economic freedom, economic development, and their interaction on income inequality in 35 Asian economies during 2000–2018 from the Kuznets curve’s perspective. Our empirical results demonstrate that initially economic freedom increases income inequality, then until a threshold of economic development, economic freedom reduces income inequality. In addition, the inverted U-shaped Kuznets curve of economic development and income inequality is confirmed in the context of the Asian continent. The robustness of our results is ensured with different proxies of economic freedom and various estimators.</p>","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":"73 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2022-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507131","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}

{"title":"Does the Belt and Road Initiative affect the business environment of participating countries?","authors":"Yahui Chen, C. Marrewijk, Changsheng Xu, Congmin Zuo","doi":"10.1080/13547860.2022.2082748","DOIUrl":"https://doi.org/10.1080/13547860.2022.2082748","url":null,"abstract":"Abstract This article analyzes the impact of the Belt and Road Initiative (BRI) on the economic and business environment of its participants using the Global Doing Business Report from the World Bank. We use a difference-in-difference approach to identify the impact by considering BRI as an exogenous policy shock. We find that BRI positively impacts the business environment of the participating countries; in particular, there is a great improvement in the scores of business starting and contract enforcing. The positive effect is larger in low-income countries and the countries with a growing investment from China.","PeriodicalId":46618,"journal":{"name":"Journal of the Asia Pacific Economy","volume":"27 1","pages":"425 - 444"},"PeriodicalIF":1.4,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45678662","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}