05433nam 2200673Ia 450 991079205620332120230803023634.01-299-28124-9981-4412-85-6(CKB)2560000000099532(EBL)1143285(OCoLC)830161991(SSID)ssj0000833302(PQKBManifestationID)12379414(PQKBTitleCode)TC0000833302(PQKBWorkID)10935695(PQKB)11723312(MiAaPQ)EBC1143285(WSP)00002895(Au-PeEL)EBL1143285(CaPaEBR)ebr10674374(CaONFJC)MIL459374(EXLCZ)99256000000009953220120910d2013 uy 0engurcn|||||||||txtccrGlobal linkages and economic rebalancing in East Asia[electronic resource] /edited by Takuji Kinkyo, Yoichi Matsubayashi, Shigeyuki HamoriSingapore ;Hackensack, NJ World Scientific Publishing Co. Pte. Ltd.c20131 online resource (234 p.)Description based upon print version of record.981-4412-84-8 Includes bibliographical references and index.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 Decoupling4. 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 States3.3. 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 conceptA.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; ReferencesChapter 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 results5. ConclusionIn 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. PresentlEconomic developmentEast AsiaEast AsiaEconomic conditions21st centuryEast AsiaEconomic policyEast AsiaForeign economic relationsEconomic development337.95Kinkyo Takuji1555793Hamori Shigeyuki1959-1265785Kinkyo Takuji1555793Matsubayashi Yoichi912506MiAaPQMiAaPQMiAaPQBOOK9910792056203321Global linkages and economic rebalancing in East Asia3817973UNINA