|
|
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910792056203321 |
|
|
Autore |
Kinkyo Takuji |
|
|
Titolo |
Global linkages and economic rebalancing in East Asia [[electronic resource] /] / edited by Takuji Kinkyo, Yoichi Matsubayashi, Shigeyuki Hamori |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Singapore ; ; Hackensack, NJ, : World Scientific Publishing Co. Pte. Ltd., c2013 |
|
|
|
|
|
|
|
|
|
ISBN |
|
1-299-28124-9 |
981-4412-85-6 |
|
|
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (234 p.) |
|
|
|
|
|
|
Altri autori (Persone) |
|
HamoriShigeyuki <1959-> |
KinkyoTakuji |
MatsubayashiYoichi |
|
|
|
|
|
|
|
|
Disciplina |
|
|
|
|
|
|
Soggetti |
|
Economic development - East Asia |
East Asia Economic conditions 21st century |
East Asia Economic policy |
East Asia Foreign economic relations |
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
Description based upon print version of record. |
|
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references and index. |
|
|
|
|
|
|
Nota di contenuto |
|
CONTENTS; About the Editors; Introduction; Part 1. Business Cycle Synchronization; Part 2. Effects of Policy and Institutional Changes; Part 3. Challenges to China's Rebalancing and Sustainable Growth; Acknowledgment; References; Chapter 1 Decoupling - A Re-Examination Hiroshi Tsubouchi and Hideaki Matsuoka; 1. Introduction; 2. Looking Back at the World Economy Since 1990's; 2.1. 1990's - before the Asian financial crisis; 2.2. First half of the 2000's - before the global financial crisis; 2.3. The latter half of the 2000's - after the global financial crisis; 3. Factors Affecting Decoupling |
4. Methodology 5. Decomposition of the Forecast Variance; 6. Conclusion; 7. Supplementary Discussion - Why is a Time-varying Parameter Model Used?; Acknowledgments; References; Chapter 2 Business Cycle Synchronization and Production Fragmentation in East Asia Fumihide Takeuchi; 1. Introduction; 2. Related Literature; 3. The Correlation of Business Cycles and Fragmentation; 3.1. Business cycle |
|
|
|
|
|
|
|
|
|
|
|
synchronization in East Asia and in major advanced countries; 3.2. Fragmentation of production in East Asia and Japan/the United States |
3.3. Changes in the economic environment after the Asian financial crisis 4. Structural FAVAR; 4.1. Model; 4.2. Data and model selection; 4.3. Empirical Results; 4.3.1. Variance decomposition; 4.3.2. Examination of the factors; 5. Conclusion; References; Chapter 3 Financial Market Linkage in East Asian Countries Kyosuke Shiotani and Yoichi Matsubayashi; 1. Introduction; 2. Literature Review; 3. Methodologies: Bayesian Network Model; 4. Empirical Evidence; 4.1. Data; 4.2. Empirical study; 5. Conclusion; Appendix: Concept and Structure of Bayesian Network; A.1. Basic concept |
A.2. Parameter estimation A.3. Learning the Bayesian network; References; Chapter 4 The Impact of East Asian FTAS on the Structure of Demand Hikari Ban; 1. Introduction; 2. Framework and Data; 2.1. CGE and I-O analysis; 2.2. The GTAP model; 2.3. The I-O model; 2.4. Database; 3. CGE Analysis; 3.1. Simulation scenario; 3.2. Simulation results; 4. Input-Output Analysis; 4.1. Dependence on foreign final demand; 4.2. Ripple effects; 5. Conclusion; Appendix; References |
Chapter 5 Inflation Targeting in South Korea, Indonesia, the Philippines and Thailand: The Impact on Business Cycle Synchronization Between Each Country and the World Takeshi Inoue, Yuki Toyoshima and Shigeyuki Hamori1. Introduction; 2. Background and Features of IT in the Four Asian Countries; 2.1. South Korea; 2.2. Indonesia; 2.3. The Philippines; 2.4. Thailand; 2.5. Effectiveness of IT in the four Asian countries; 3. Literature Review; 4. Impact of IT Adoption on Business Cycle Synchronization with the Rest of the World; 4.1. Empirical techniques; 4.2. Data; 4.3. Empirical results |
5. Conclusion |
|
|
|
|
|
|
Sommario/riassunto |
|
In the wake of the global financial crisis, leading industrialized countries have managed to show only a gradual recovery, while East Asian economies have surged ahead. In particular, China achieved growth in excess of 10% in 2010 and is expected to continue growing at a rapid pace. It appears that in the coming years, East Asia will play an even greater role as a growth center leading global economic expansion. Following the Asian currency crisis of 1997-98, consumption and investment in the region decreased considerably, and East Asian economies recovered on the strength of exports. Presentl |
|
|
|
|
|
|
|
| |