Financial Liberalization in Taiwan
In: Review of Pacific Basin Financial Markets and Policies, Band 3, Heft 3, S. 429-449
ISSN: 1793-6705
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In: Review of Pacific Basin Financial Markets and Policies, Band 3, Heft 3, S. 429-449
ISSN: 1793-6705
In: Contemporary economic policy: a journal of Western Economic Association International, Band 13, Heft 4, S. 118-130
ISSN: 1465-7287
This paper presents estimates of indexes of internal returns to scale and external economies for two‐digit manufacturing industries in Taiwan. Estimating the returns to scale indexes involves using both SUR and 3SLS estimation procedures. The data strongly support the presence of external increasing returns to scale. The findings indicate no evidence of internal increasing return in all two‐digit manufacturing industries. According to the endogenous growth literature, the existence of externalities in production bears important economic implications in some aspects of economic growth, even though the data cannot distinguish the transmission mechanism.
In: Essays in memory of John C. H. Fei, Vol. 2
Ranis, G.: Reflections on the economics and political economy of development at the turn of the century. - S. 3-27. Part II: Sources of development. Chi Schive: How was Taiwan's economy opened up? The foreign factor in appraisal. - S. 31-50. Chen Been-lon, Hsu Mei and Shih Ko-Yung: Growth and catch-up in a cross-section of local manufacturing industries. - S. 51-78. Chen Tain-jy and Ku Ying-hua: Second-stage import substitution. The Taiwan experience. - S. 79-108. Chu Wanwen and Tsai Ming-chu: Linkage and uneven growth. A study of Taiwan's manmade fiber industry. - S. 109-130. Part III: Income distribution and development. Warr, P. and Wang Wen-thuen: Poverty, inequality and economic growth in Taiwan. - S. 133-166. Schultz, T. P.: Income inequality in Taiwan 1976-95. Changing family composition, aging and female labor-force participation. - S. 167-208. Fields, G. and Leary, J.: Economic and demographic aspects of Taiwan's rising family income inequality. - S. 209-226. Cheng, P. C. and Chu, C. Y.: Estimating the intergenerational income mobility matrix using pseudo panel data. - S. 227-246. Chan Vei-lin, Chen Lii-tarn and Hu Sheng-cheng: Implications of technology and education for wage dispersion. Evidence from Taiwan. - S. 247-282. Part IV: Institution and development. Chu Yunhan: The institutional foundation of Taiwan's industrialization. Exploring the state-society nexus. - S. 285-310. Myers, R.: The devolution of power, democracy and economic development in the Republic of China on Taiwan. The Taiwan Provincial Assembly, 1945-65. - S. 311-334
World Affairs Online
In: National Bureau of Economic Research East Asia Seminar on Economics 9
The international flow of long-term private capital has increased dramatically in the 1990s. In fact, many policymakers now consider private foreign capital to be an essential resource for the acceleration of economic growth. This volume focuses attention on the microeconomic determinants and effects of foreign direct investment (FDI) in the East Asian region, allowing researchers to explore the overall structure of FDI, to offer case studies of individual countries, and to consider their insights, both general and particular, within the context of current economic theory