-
Influence of social pension on well‐being and health of the rural elderly: the case of South Korea Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2024-02-29 Jiyeon An, Taehyun Ahn
This study examines whether a social pension for the elderly population affects the well‐being and health of older adults in rural areas and whether pensions are more effective in rural areas than in urban areas. Using data from the Korean Longitudinal Study of Ageing, we exploit a difference‐in‐difference specification that compares changes in well‐being and health in rural areas for those who are
-
Does an economic crisis deflate education bubble and inequality? Lessons from South Korea 1997–2020 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2024-02-28 Taiwon Ha
Rapid education expansion has been a main driver of the remarkable economic growth in South Korea for last decades. However, in recent times, its excessive education credentialism is considered a hurdle against further developments. This study examined whether education bubble and inequality decreased during the Asian Financial Crisis 1997–98, the Global Financial Crisis 2008–09, and the COVID‐19 pandemic
-
Trade liberalisation and the wage premium: evidence from Thai manufacturing Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2024-02-04 Juthathip Jongwanich
This paper examines the impact of trade liberalisation on the wage premium using firm level data for Thai manufacturing as the case study. Tariff protection is applied here to represent trade liberalisation, in terms of both nominal and effective tariffs. Output and input tariffs are separately examined to assess nominal protection, while for effective rates of protection (ERP), both a traditional
-
Correction to “Accounting for changes in income inequality in China, 2002–2018: Evidence from household survey data” Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2024-01-22
Juzhong Zhuang, Peng Zhan and Shi Li, Asian-Pacific Economic Literature, Volume 37, Issue 2, pp. 3–26, 2023. https://onlinelibrary.wiley.com/doi/abs/10.1111/apel.12390 In “Methodology” section, Equation (10) I1−I0=∑j=1J(sj1̂I1−sj*̂I*)+∑j=1J(sj*̂I*−sj0̂I0)$$ {I}^1-{I}^0=\sum \limits_{j=1}^J\left(\hat{s_j^1}{I}^1-\hat{s_j^{\ast }}{I}^{\ast}\right)+\sum \limits_{j=1}^J\left(\hat{s_j^{\ast }}{I}^{\ast
-
Asymmetric response of domestic production to exchange rate changes: Evidence from southeast Asian countries Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-11-13 Misbah Nosheen, Beenish Chohan, Javed Iqbal, Mark Wohar
This study explores the asymmetric effects of real effective exchange rate variation on domestic output in nine South East Asian nations. The study is the first thorough study on this issue for these countries. The results show that exchange rate fluctuations have asymmetric long-run and short-run effects on production in most nations. However, the findings vary across nations. Appreciation has a contractionary
-
Modern entrepreneurship and the ‘doughnut’: productive or destructive? Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-11-02 Agung Satyadini, Ligang Song
Modern entrepreneurship is vital to economic sustainability in conceptualising, modelling, mapping, and framing the new concept of socially and environmentally sustainable businesses. This paper explores how modern entrepreneurship can be used to identify and address productive, unproductive, and destructive social and environmental practices. By examining the relationship between modern entrepreneurship
-
Household loan portfolios and financial characteristics of Korean banks Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-10-23 Ji-Yong Seo
This study contributes to understanding the supply mechanism of household loan portfolios in Korea, where the ratio of household debt to GDP is high. This study conducted an empirical analysis of how banks' financial characteristics including capital adequacy, financial soundness, and profitability affect banks' supply of variable-rate household loans that are sensitive to increases in the central
-
The effect of agricultural trade openness on fruit prices in Korea Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-10-19 Jun Ho Seok, Soo-Eun Kim
This study investigates the effect of agricultural trade openness on fruit prices in South Korea considering the quality improvement originating from agricultural trade policies by examining the U-shaped relationship between agricultural openness and fruit prices. Utilising the autoregressive distributed lag (ARDL) model and annual data from the period 1988–2019, we find that while an increase of agricultural
-
Non-tariff measures along global value chains: evidence from ASEAN countries Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-10-19 Jihyun Eum
This paper analyzes the effects of Non-Tariff Measures (NTMs) on exports while considering the degree of participation in the global value chains (GVCs). Standard-like non-tariff measures, such as Sanitary and Phytosanitary Standards (SPS) and Technical Barriers to Trade (TBT), have influenced trade by increasing trade costs or improving consumers' awareness. Theoretically, NTMs can have either positive
-
Economic ideas and policy outcomes: applications to climate and energy Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-05-24 Ross Garnaut
This paper presents a revised version of the FH Gruen lecture by Professor Ross Garnaut at the Australian National University on 29 June 2022.
-
Glass ceiling or sticky floor? Evidence from a distributional approach of the gender wage gap among PhD holders in South Korea Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-05-01 Myounghwan Kim, Kihong Park
This study examines the gender wage gap, to explore whether a glass ceiling (large unexplained wage gaps in the upper percentiles) or sticky floor (large unexplained wage gaps in the lower percentiles) exists in the wage distribution of the most educated Koreans. This study focuses on seeking these distributional patterns for a theoretically homogeneous gender group, relying on a smaller dataset of
-
Identifying income heterogeneity determinants using the method of moments quantile regression Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-05-01 Taiwon Ha
Prior studies have typically concentrated on poverty status to determine anti-poverty measures; however, this approach cannot sufficiently detect income heterogeneity. This study employs quantile regression for panel data to investigate the Korean Labour and Income Panel Study 2003–2020. Moreover, it adopts both household- and community-level variables and separates demographic groups as working-age
-
The impact of world oil price shocks on macroeconomic variables in Vietnam: the transmission through domestic oil price Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-04-27 Pham T. T. Trinh, Bui T. T. My
This study examines the impact of world oil price shocks on macroeconomic variables in Vietnam with a focus on the transmission channel of domestic oil prices. The Structural Vector Autoregression model with two blocks of real economy variables and monetary variables is employed. The world oil price follows an autoregressive process to reflect the exogenous nature of world oil price shocks to the domestic
-
Trade and employment in Vietnam: how firms' trade matters Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2023-04-24 Dong Xuan Nguyen
This paper aims to analyse how employment and wages change when a firm's trade status is altered. Using a detailed firm-level dataset of Vietnamese manufacturing enterprises, the study finds that how firms trade matters for firm employment and wages in Vietnam. The average effect of one-way trading (exporting or importing) is positive for both firms' total employment and female employment. Direct trading
-
50 Years of CSIS—Ideas and Policy in Indonesia Peter McCawley, Centre for Strategic and international StudiesJakarta, 2021, Pp. 342 + xxiv ISBN: 978 9791 29542 0 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-10-21 Andrew Elek
Peter McCawley has produced an excellent record of the contribution the Centre for Strategic and International Studies (CSIS) has made to Indonesia and beyond. It documents the intertwined evolution of Indonesian society and the Centre during an eventful five decades. It is a heartening story, reaffirming that people with vision, dedication and perseverance can make a difference—shining a ray of hope
-
The developmental leader Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-10-17 Murat Ali Yülek, K. Ali Akkemik
The role of the leader in economic development and in the formation of the developmental state is overlooked in the standard development economics literature. The developmental state is a state with adequate ‘state capacity’ to achieve successful policy design and implementation to reach developmental objectives. Developmental leaders have played an important role in the formation and administration
-
Barriers to e-commerce adoption: evidence from the retail and food and beverage sectors in Malaysia Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-10-13 Andrew Jia-Yi Kam, Siew Yean Tham
There is a continuing interest in small and medium enterprises (SMEs)' e-commerce adoption, especially from South-east Asia, including Malaysia. The objective of this study is to examine the key determinants of SMEs embracing e-commerce in the retail and food and beverage sector in the Klang Valley. Using a Logit model, the findings show that organisational barriers are the most important barriers
-
Does the minimum wage improve the welfare of workers? Evidence from the 2013 minimum wage reform in Thailand Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-10-13 Wannaphong Durongkaveroj
The purpose of this study is to examine the effects of the 2013 minimum wage reform in Thailand. The study employs a difference-in-difference (DID) estimation and utilises data drawn from comprehensive socioeconomic household surveys from 2009 to 2019. The findings suggest that the minimum wage reform significantly increased the average daily earnings, the number of paid days of employment, consumption
-
The motherhood effect on labour market outcomes: evidence from South Korea Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-10-13 Anna Kim, Youjin Hahn
We examine mothers' relative labour market outcomes around the first childbirth in South Korea, a country with the highest gender pay gaps and the lowest fertility rate among the OECD countries. Using an event study approach, we find that while fathers remain unaffected, mothers' earnings drop sharply by 66.2 per cent over the long run, mostly driven by a reduction in labour force participation. For
-
Spatial effects of institutional quality on firm performance: evidence from Vietnam Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-09-22 The Nguyen Huynh
The impact of national institutions on the economy has attracted research attention for decades. However, research on the influence of subnational institutions at the firm level is modest. This paper examines the spatial effects of institutional quality on firm performance using evidence from Vietnam. The model employed in the research is the Spatial Durbin Model (SDM), which is used to test hypotheses
-
-
-
-
Unintended consequences of the retirement-age extension in South Korea Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-03-03 Tai Lee, Joonmo Cho
In this study, we investigate the effects of the policy on the legal retirement age of 60 (or above) implemented in Korea in 2016. It was generally expected that the implementation of the policy would extend the retirement age of workers and provide them with minimum employment up to the age of 60. However, our empirical analysis provides evidence contrary to general expectations. First, post the introduction
-
Gig employment in the Malaysian manufacturing industry: a cross-sectional analysis Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-01-30 J.S. Keshminder, Md Aslam Mia, Mohammad Nourani, Miao Zhang
Manufacturing is the primary engine of economic growth in Malaysia. This study uses data on 14,705 manufacturing firms in Malaysia to reveal that technology and labour-intensive firms have significant negative and positive effects, respectively, on gig employment. Furthermore, firm size and growth are negatively associated with gig employment, while firm age has a positive association with such employment
-
Place-based price differentials of prostitution: a case study in Yangon, Myanmar Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2022-01-05 Hiroyuki Yamada, Yuki Kanayama, Kanako Yoshikawa, Kyaw Wai Aung
Using data collected on female sex workers (FSWs) in Yangon, Myanmar, we compare the prices of sexual services offered to investigate whether prices are associated with the place where they find clients—after controlling for FSW and client characteristics and types of services provided. Compared with FSWs in brothels, workers who find clients online charge 62 per cent higher prices, while those in
-
Remittances and income inequality in the Philippines Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-12-28 Selçuk Akçay
The economic and social consequences of remittances are attracting greater attention from scholars and policymakers. This study investigates how international remittances affect income inequality in a highly out-migration and remittance-dependent country, the Philippines. This study shows that the inequality-remittances nexus is inverse U-shaped, suggesting that remittances have an income-equalising
-
China and the West, JanSvejnar and Justin YifuLin (eds) ISEAS , Singapore, 2021 Pp.162 + xii ISBN 9 781 80037 497 3 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-10-20 Andrew Elek
-
-
International Trade: What Everyone Needs to Know, Anne O.Krueger, Oxford University Press, 2020, Pp. 339 + xvii, ISBN ‐13 978 0190900458, ISBN ‐10 0190900458 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-10-12 Julio J. Nogues
-
The Informal Economy in Development. Evidence from German, British and Australian New Guinea, John D.Conroy, Development Policy Centre, Crawford School of Public Policy, The Australian National University, 2020, Pp. 406 + xxvi, ISBN 978 0 9943520 8 8 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-10-10 Ron J. May
-
-
-
Thirty-year assessment of Asian Development Bank's forecasts Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-08-25 Yoichi Tsuchiya
This study assesses the performance of the forecasts of the Asian Development Bank (ADB) for 45 countries between 1989 and 2019 with the following results: first, forecast accuracy and bias vary among countries and across variables; second, the Asian currency and global financial crises adversely affected the GDP and inflation forecast accuracy, whereas there were no such impacts on the current account
-
Revisiting the effects of demographic dynamics on economic growth in Asia: a panel vector-autoregressive approach with a saving channel Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-06-23 Hiroyuki Taguchi, Ni Lar, Sereyvuth Ky
This paper examines the effects of demographic dynamics on economic growth, with a focus on the working-age population and the saving rate in 17 Asian economies for the past and future periods of 1970–2018 and 2018–2050, respectively. The study applies a panel vector-autoregressive model, given the endogenous interactions among the variables. The main findings are as follows: first, the direct channel
-
The inversion of married women's labour supply and wage: Evidence from Thailand Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-03-16 Lusi Liao, Sasiwimon Warunsiri Paweenawat
This study investigates the labour supply behaviour of married Thai women with reference to their own and their spouse's wages. Controlling for spousal education and number of children, the main findings indicate an inverse relationship between married women's labour supply and wages, contrary to the evidence from developed countries. The estimated own wage elasticity ranges from −1.70 to −2.40 and
-
Investment climate and foreign direct investment in Malaysia: firm‐level evidence Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-02-25 Kui Ming Tiong, Ming Yu Cheng, Chee Keong Choong
Most of the foreign direct investment (FDI) studies on location determinants are based on macroeconomic characteristics. However, it is important to understand to what extent microeconomic obstacles hinder FDI. This study explores obstacles to FDI in Malaysia, based on firm‐level data. To overcome the problem of uncertainty in variable selection, Bayesian model averaging for logistic regression is
-
Are Asian least developed countries sidelined in advanced manufacturing production networks? Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-02-25 Sithanonxay Suvannaphakdy, Alisa DiCaprio
The production of parts for high‐technology final products can play an important role in advancing economic development. This appears a particularly attractive outcome for least developed countries (LDCs). But due to data constraints, analysis has been based largely on middle‐income economies. We seek to address this gap by using proxy data to explore the position of Asian LDCs in electronics and automotive
-
-
-
Trade, technology, and the labour market: impacts on wage inequality within countries Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2021-02-10 Wenxiao Wang, Christopher Findlay, Shandre Thangavelu
This paper focuses on the widening wage inequality between skilled and unskilled workers within countries and discusses whether trade and technology have contributed to this trend. The paper develops an analytical framework for wage inequality that traces the determinants and their relative roles in wage inequality in different stages of the development of trade theory, especially those considering
-
Corrigendum Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-11-25
doi: 10.1111/apel.12289 Handbook on Global Value Chains. Prema‐chandra Athukorala. Asian‐Pacific Economic Literature. Volume 34, Issue 1, page 79–80, May 2020. The names of the authors in one of the book reviews have been misspelled. The correct names are listed below. The reviewer apologizes for any inconvenience this might have caused. Garry Giraffe should be Gary Gereffi Stefano Pontene and Stefano
-
The Effects of Youth Job Seeker Allowance in South Korea Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-11-25 Sung‐Eun Cho, Young‐Min Lee
The severity of youth unemployment in South Korea has prompted the government to implement various preventive measures such as employment services and vocational training. Local governments implemented a Youth Job Seeker Allowance in 2016 as a new form of support, which was adopted by the central government in 2017. This study examines the impact of the Youth Job Seeker Allowance in South Korea on
-
Asia's Journey to Prosperity: Policy, Market, and Technology over 50 Years Asian Development Bank, Manila, 2020 Pp.583+xxix, ISBN 978 92 9261 978 7 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-10-31 Anne O. Krueger
-
Development and Distribution: Structural Change in South East AsiaAndrewSumnerOxford University Press, 2018 Pp. 240, ISBN: 9780198792369Deals and Development: The Political Dynamics of Growth EpisodesLantPritchett, KunalSen, and EricWerker (eds) Oxford University Press, 2018 Pp. 432, ISBN: 9780198801641 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-10-30 Neil Byron
-
-
Regional Economics—Fundamental Concepts, Policies and Institutions ‐ edited by Iwan J.Azis World Scientific Publishing, Singapore, 2020 Pp 166 + xvii, ISBN 978‐981‐121‐337‐3 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-10-27 Geoffrey J. D. Hewings
-
-
-
-
Effectiveness of industrial policy on firm productivity: evidence from Thai manufacturing Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-10-22 Juthathip Jongwanich, Archanun Kohpaiboon
This paper examines the effects of industrial policy on firm productivity, using a three‐year panel data set of Thai manufacturing as a case study. A range of industrial policy tools is defined, including tariff measures, subsidies, and investment incentives through the Board of Investment (BOI), which represent the main industrial policy tools used in Thailand. The effect of ‘water in the tariffs’
-
Education, skill training, and lifelong learning in the era of technological revolution: a review Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-09-30 Jinyoung Kim, Cyn‐Young Park
Rapid technological development makes skills depreciate faster than in the past while new technologies generate gaps in workers' skills and call for the acquisition of appropriate skills and lifelong learning. Proper skill mixes for future jobs include strong cognitive skills, basic information and communication technology, and analytical skills, as well as a range of non‐cognitive skills such as creativity
-
Credit constraints and the trade‐off between family size and children's investment in Thailand Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-09-15 Aeggarchat Sirisankanan
Using three‐wave Thai household panel data covering the years 2005 to 2007, this study examined the effect of liquidity constraints on the quality‐quantity trade‐off for children. The results show that there was a quality‐quantity trade‐off for credit‐constrained households, while there was no such trade‐off for unconstrained households when a 6,000 Baht monthly income and ability to borrow were used
-
Why do Filipinos desire to work more hours? Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-09-14 Jesus Felipe, Yasuyuki Sawada, Gemma Estrada, Donna Faye Bajaro
In 2018, 16.4 per cent of Filipino workers stated that they wanted to have more work hours in their present jobs, to have an additional job, or to have a new job with longer work hours, that is, they declared themselves under‐employed. Analysis of the 2015 Labor Force Survey data shows that relative to being full‐time employed and not under‐employed, the major determinant of being under‐employed is
-
The Asia and Pacific region: development achievements, challenges, and the role of theADB Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-05-01 Takehiko Nakao
-
World Trade Evolution: Growth, Productivity and Employment ‐ edited by Lili Yan Ing and Miaojie Yu Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-04-15 Krisna Gupta
-
SMEs and Economic Integration in Southeast AsiaCasseyLee, DionisiusNarjoko and SoutheaOum (eds) ISEAS Publishing and ERIA, Singapore, 2019 Pp.635. ISBN 978 981 4818 78 0 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-04-14 Michael T. Schaper
-
The Third Pillar: The Revival of Community in a Polarised WorldRaghuramRajanWilliam Collins, London2019 Pp. xxviii +434. ISBN : 978 0008 27627 0 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-04-14 Sean Ohlendorf
-
Handbook on Global Value ChainsStefanoPonte, GarryGiraffe, and GaleRaj‐Reichert (eds)Edward Elgar Publishing Limited, Cheltenham and Northampton, 2019 Pp. 611 + xvi. ISBN: 978 17881 1376 2 Asian-Pacific Economic Literature (IF 0.6) Pub Date : 2020-04-13 Prema‐chandra Athukorala
-