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Working Papers

 

 

 

 

   
 
The ERD (Economics and Research Department) Working Paper Series is a forum for ongoing and recently completed research and policy studies undertaken in the Asian Development Bank or on its behalf.  The Series is a quick-disseminating, informal publication meant to stimulate discussion and elicit feedback.  Papers published under this Series could subsequently be revised for publication as articles in professional journals or chapters in books.
 
No.

Title

 

 

510

Macroprudential Policy Frameworks in Developing Asian Economies, March 2017

509

Leverage and Capital Structure Determinants of Chinese Listed Companies, January 2017

508

Green Growth Opportunities for Asia, January 2017

507

Impacts of Sea Level Rise on Economic Growth in Developing Asia, January 2017

506

Decoupling Asia Revisited, January 2017

505

Do Natural Disasters Change Savings and Employment Choices? Evidence from Bangladesh and Pakistan, December 2016

504

The Economics of Greenhouse Gas Mitigation in Developing Asia, December 2016

503

Natural Disaster Shocks and Macroeconomic Growth in Asia: Evidence for Typhoons and Droughts, December 2016

502

Cobenefits and Trade-Offs of Green and Clean Energy: Evidence from the Academic Literature and Asian Case Studies, December 2016

501

Effects of Temperature Shocks on Economic Growth and Welfare in Asia, December 2016

500

Governance, Vulnerability to Climate Change, and Green Growth: International Evidence, November 2016

499

How to Fill the Working-Age Population Gap in Asia: A Population Accounting Approach, November 2016

498

International Trade and Exchange Rate, October 2016

497

Working Conditions, Work Outcomes, and Policy in Asian Developing Countries, September 2016

496

Skills and Activity Upgrading in Global Value Chains: Trends and Drivers for Asia, August 2016

495

Developing Local Currency Bond Markets in Asia, August 2016

494

The Impact of Sex Ratios before Marriage on Household Saving in Two Asian Countries: The Competitive Saving Motive Revisited, August 2016

493

The Impact of a People’s Republic of China Slowdown on Commodity Prices and Detecting the Asymmetric Responses of Economic Activity in Asian Countries to Commodity Price Shocks, July 2016

492

Effects of the People’s Republic of China’s Structural Change on the Exports of East and Southeast Asian Economies, July 2016

491

Determinants of Consumer Price Inflation versus Producer Price Inflation in Asia, June 2016

490

Deflation in Asia: Should the Dangers Be Dismissed? July 2016

489

Understanding Recent Trends in Income Inequality in the People’s Republic of China, July 2016

488

Catching Up, Structural Transformation, and Inequality: Lessons from Asia, June 2016

487

Absorptive Capacity and the Impact of Commodity Terms of Trade Shocks in Resource Export-Dependent Economies, June 2016

486

Contingent Claims Analysis of Sovereign Debt Sustainability in Asian Emerging Markets, June 2016

485

High-Speed Railroad and Economic Geography: Evidence from Japan, May 2016

484

How Growth Deceleration in the People’s Republic of China Affects Other Asian Economies: An Empirical Analysis, May 2016

483

Exploring Risk-Adjusted Fiscal Sustainability Analysis for Asian Economies, May 2016

482

The Pillars of Potential Growth and the Role of Policy: A Panel Data Approach, May 2016

481

Demographic Change and Fiscal Sustainability in Asia, April 2016

480

Potential Growth, Misallocation, and Institutional Obstacles: Firm-Level Evidence, April 2016

479

The Role of Structural Transformation in the Potential of Asian Economic Growth, March 2016

478

The Determinants of Structural Transformation in Asia: A Review of the Literature, March 2016

477

Analytical Tools for Measuring Poverty Dynamics: An Application Using Panel Data in the Philippines, March 2016

476

In Search of a Better Match: Qualification Mismatches in Developing Asia, February 2016

475

A Model of Gender Inequality and Ecomoic Growth, February 2016

474

Female Labor Force Participation in Asia: Indonesia Country Study, February 2016

473

Impact of Gender Inequality on the Republic of Korea’s Long-Term Economic Growth: An Application of the Theoretical Model of Gender Inequality and Economic Growth, January 2016

472

Women’s Leadership and Corporate Performance, January 2016

471

Nowcasting Indonesia, December 2015

470

Myanmar’s Agriculture Sector: Unlocking the Potential for Inclusive Growth, December 2015

469

Myanmar Human Capital Development, Employment, and Labor Markets, December 2015

468

Public Debt Sustainability in Developing Asia: An Update, December 2015

467

Achieving Environmental Sustainability in Myanmar, December 2015

466

Global Increase in Climate-Related Disasters, November 2015

465

The Competitive Saving Motive: Concept, Evidence, and Implications, November 2015

464

Managing Capital Flows in Asia: An Overview of Key Issues, November 2015

463

Assessing Mandated Credit Programs: Case Study of the Magna Carta in the Philippines, November 2015

462

Developing Myanmar’s Information and Communication Technology Sector toward Inclusive Growth, November 2015

461

Two Decades of Rising Inequality and Declining Poverty in the Lao People’s Democratic Republic, November 2015

460

Power Sector Development in Myanmar, October 2015

459

Cambodia’s Special Economic Zones, October 2015

458

What Accounts for the Growth of Carbon Dioxide Emissions in Advanced and Emerging Economies? The Role of Consumption, Technology, and Global Supply Chain Trade, October 2015

457

The Impact of Financial Factors on the Output Gap and Estimates of Potential Output Growth, October 2015

456

A Darwinian Perspective on “Exchange Rate Undervaluation”, October 2015

455

The SelectIon of Trade Integration Indicators: Intraregional Share, Intensity, Homogeneous Intensity, and Introversion Index, October 2015

454

Constructing a Bias-Free Trade Governance Indicator: Revealing the Biases of Existing Survey Indicators, September 2015

453

Global Agrifood Value Chains and Local Poverty Reduction: What Happens to Those Who, September 2015

452

Institutional Quality, Trade Openness, and Financial Sector Development in Asia: An Empirical Investigation, September 2015

451

Taper Tantrum and Emerging Equity Market Slumps, September 2015

450

The Financial Systems of Financially Less Developed Asian Economies: Key Features and Reform Priorities, September 2015

449

Financial Inclusion in Asia: An Overview, September 2015

448

Bond Market Development in Developing Asia, August 2015

447

Interrelation between Growth and Inequality, August 2015

446

The Noodle Bowl Effect: Stumbling or Building Block? August 2015

445

An Empirical Estimation of Asia's Untapped Regional Integration Potential Using Data Envelopment Analysis, August 2015

444

Financial Integration in Asset and Liability Holdings in East Asia, August 2015

443

Enhancing Bank Supervision in Asia: Lessons Learned from the Financial Crisis, August 2015

442

Financial Development, Financial Openness, and Economic Growth, August 2015

441

Economic Growth, Financial Development, and Income Inequality, August 2015

440

The Recent Convergence of Financial Development in Asia, July 2015

439

Effectiveness of Macroprudential Policies in Developing Asia, July 2015

437

Myanmar: Unlocking the Potential - A Strategy for High, Sustained, and Inclusive Growth, July 2015

436

Re-examining the Middle-Income Trap Hypothesis: What to Reject and What to Revive? July 2015

435

Public Service Spending: Efficiency and Distributional Impact -Lessons from Asia, July 2015

434

Fiscal Management in Myanmar, June 2015

433

Testing the Link between Accessible Export Finance and Insurance, and Regional Trade Growth in Africa and Asia: A Role for Regional Export Credit and Investment Guarantee Agency (ECIGA), June 2015

432

Realizing an ASEAN Economic Community: Progress and Remaining Challenges, May 2015

431

Monetary Policy and Foreign Exchange Management: Reforming Central Bank Functions, May 2015

430

Developing Myanmar's Finance Sector to Support Rapid, Inclusive, and Sustainable Economic Growth, April 2015

429

Myanmar Long-term Scenarios for Sustained Macroeconomic Growth, April 2015

428

Myanmar: Cross-cutting Governance Challenges, March 2015

427

Price Discovery and Foreign Participation in the Republic of Korea's Government Bond Cash and Futures Markets, March 2015

426

Financial Inclusion, Poverty, and Income Inequality in Developing Asia, January 2015

425

Background Paper: Research and Development and Extension Services in Agriculture and Food Security, December 2014

424

Is India's Long-Term Trend Growth Declining? December 2014

423

Fiscal Policy for Inclusive Growth: An Overview, December 2014

422

Fiscal Policy and Inclusive Growth in Advanced Countries: Their Experience and Implications for Asia, December 2014

421

Middle-Income Transitions: Trap or Myth? November 2014

420

Manufacturing Matters... But It’s the Jobs That Count, November 2014

419

The Declining Share of Agricultural Employment in the People's Republic of China: How Fast? November 2014

418

The People's Republic of China’s Potential Growth Rate: The Long-Run Constraints

417

Do Governance Indicators Explain Development Performance? A Cross-Country Analysis, November 2014

416

Fiscal Resources for Inclusive Growth, November 2014

415

Government Spending and Inclusive Growth in Developing Asia, November 2014

414

Are Current Tax and Spending Regimes Sustainable in Developing Asia? November 2014

413

Benefit Incidence of Public Transfers: Evidence from the People's Republic of China, November 2014

412

Fiscal Policy and Growth in Developing Asia, October 2014

411

Industrial Policy in Indonesia: A Global Value Chain Perspective, October 2014

410

Industrialization and Global Value Chain Participation: An Examination of Constraints Faced by the Private Sector in Nepal, October 2014

409

Capital Flows during Quantitative Easing and Aftermath: Experiences of Asian Countries, September 2014

408

Fiscal Policy and Inclusive Growth in Latin America: Lessons for Asia, October 2014

407

Energy Security in Asia: Prospects for Regional Cooperation, September 2014

406

Energy Efficiency Improvements in Asia: Macroeconomic Impacts, September 2014

405

Power Sector in Developing Asia: Current Status and Policy Issues, September 2014

404

New Evidence on the Gender Wage Gap in Indonesia, September 2014

403

Diversification of Energy Supply: Prospects for Emerging Energy Sources, August 2014

402

Financing Post-2015 Development Challenges: Who are the Front-runners in the Asia and Pacific Region? October 2014

401

Energy Security, Sustainability, and Affordability in Asia and the Pacific, July 2014

400

Oil Security Issues in Asia and the Pacific, July 2014

399

Environmental Issues, Climate Changes, and Energy Security in Developing Asia, June 2014

398

Asia's Energy Adequacy, Environmental Sustainability, and Affordability: An Overview, June 2014

397

District Governance and Student Learning in Indonesia, June 2014

396

Citizen Empowerment in Service Delivery, June 2014

395

Education and the Journey to the Core: Path-dependence or Leapfrogging, March 2014

394

Asymmetric Price Transmission in Indonesia's Wheat Flour Market, March 2014

393

Reserve Bank of India's Policy Dilemmas: Reconciling Policy Goals in Times of Turbulence, March 2014

392

Growth Horizons for a Changing Asian Regional Economy, March 2014

391

Public Service Delivery: Role of Information and Communication Technology in Improving Governance and Development Impact, March 2014

390

Vertical Specialization, Tariff Shirking, and Trade, February 2014

389

Improving Service Delivery through Decentralization: A Challenge for Asia, March 2014

388

Governance and Developing Asia: Concepts, Measurements, Determinants, and Paradoxes, March 2014

387

Public-Private Service Delivery Arrangements and Incentive Schemes in Developing Asia, February 2014

386

Asian Development Outlook Forecast Skill, February 2014

385

A Factor-Augmented Vector Autoregression Analysis of Business Cycle Synchronization in East Asia and Implications for a Regional Currency Union, January 2014

384

Governance and Development Outcomes in Asia, January 2014

383

Energy Access and Energy Security in Asia and the Pacific, December 2013

382

Development through Empowerment: Delivering Effective Public Services - A Literature Review, December 2013

381

Corporate Cash Holding in Asia, October 2013

380

Monetary and Fiscal Operations in the People's Republic of China: An Alternative View of the Options Available, October 2013

379

Abenomics' Trade Spillover, October 2013

378

Invisible Trade Barriers: Trade Effects of US Antidumping Actions Against the People's Republic of China, October 2013

377

Schooling Supply and the Structure of Production: Evidence from US States 1950–1990, October 2013

376

Overcoming Critical Constraints to Sustaining Productivity Growth in Key Commodities of Asia and the Pacific, September 2013

374

Food Prices and Population Health in Developing Countries: An Investigation of the Effects of the Food Crisis Using a Panel Analysis, September 2013

372

International Trade and Risk Sharing in the Global Rice International Trade and Risk Sharing in the Global Rice Market: The Impact of Foreign and Domestic Supply Shocks, September 2013

371

Safety Nets and Food Programs in Asia: A Comparative Perspective, September 2013

370

Examining the Determinants of Food Prices in Developing Asia, September 2013

369

Poverty and Food Security in India, September 2013

368

Rice Trade and Price Volatility: Implications on ASEAN and Global Food Security, September 2013

367

Bilateral Trade and Food Security, September 2013

366

Leveraging Service Sector Growth in the Philippines, September 2013

365

The Information Technology and Business Process Outsourcing Industry: Diversity and Challenges in Asia, September 2013

364

Empirical Determinants and Patterns of Research and Development Investment in Asia, August 2013

363

Agriculture and Structural Transformation in Developing Asia: Review and Outlook, August 2013

362

Housing and Housing Finance—A Review of the Links to Economic Development and Poverty Reduction, August 2013

361

Globalization, Labor Market Regulation, and Firm Behavior, August 2013

360

Development Imperatives for the Asian Century, July 2013

359

Energy Policy Options for Sustainable Development in Bangladesh, November 2013

358

Climate-Related Disasters in Asia and the Pacific, July 2013

357

Features, Restrictions, and Policy Recommendations in the Service Sector of the People's Republic of China, July 2013

356

Determinants of Financial Stress in Emerging Market Economies, July 2013

355

Determinants of Urbanization, July 2013

354

Intellectual Property Rights, Quality of Institutions, and Foreign Direct Investment into Developing Asia, July 2013

353

A Turning Point for the Service Sector in Thailand, June 2013

352

The Service Sector in India, June 2013

351

Asian Capital Market Integration: Theory and Evidence, June 2013

350

Effects of Quantitative Easing on Asia: Capital Flows and Financial Markets, June 2013

349

How Expansion of Public Services Affects the Poor: Benefit Incidence Analysis for the Lao People's Democratic Republic, May 2013

348

Sovereign Risk, Elections, and Contagion, May 2013

347

The Service Sector in Lower-Income Asian Economies, May 2013

346

Corporate Investments in Asian Emerging Markets: Financial Conditions, Financial Development, and Financial Constraints, April 2013

345

Are Government-Linked Corporations Crowding out Private Investment in Malaysia? May 2013

344

Complexity, Specialization, and Growth, March 2013

343

Federal Transfers and Fiscal Discipline in India: An Empirical Evaluation, March 2013

342

Cost Recoverable Tariffs to Increase Access to Basic Services among Poor Households, March 2013

341

A Practical Approach to International Monetary System Reform: Building Settlement Infrastructure for Regional Currencies, March 2013

340

Technological Change, Skill Demand, and Wage Inequality in Indonesia, March 2013

339

Operationalizing Experience: Donor Approaches to Service Delivery in Fragile States, February 2013

338

Firm Investment, Liquidity, and Bank Health: A Panel Study of Asian Firms in the 2000s, February 2013

337

Capital Controls: A Pragmatic Proposal, February 2013

336

Economic Impact of Eurozone Sovereign Debt Crisis on Developing Asia, January 2013

335

On the Determinants of Scholastic Performance in Five Asian Countries, March 2013

333

Financial Conditions Indexes for Asian Economies, January 2013

332

Protestantism and Human Capital in Guatemala and the Republic of Korea, January 2013

331

Cambodia: Rapid Growth with Institutional Constraints, January 2013

330

The Lao Economy: Capitalizing on Natural Resource Exports, January 2013

329

Global Value Chains and the Transmission of Business Cycle Shocks, June 2012

328

Inequality of Human Opportunities in Developing Asia, June 2012

327

A ZEN Approach to Post-2015: Addressing the Range of Perspectives Across Asia and the Pacific, January 2013

326

Overlooked Opportunity: Tradable Business Services, Developing Asia, and Growth, January 2013

325

Myanmar's Trade and its Potential, January 2013

324

Performance of the Service Sector in the Republic of Korea, December 2012

323

Economic Growth, Comparative Advantage, and Gender Differences in Schooling Outcomes: Evidence from the Birthweight Differences of Chinese Twins, December 2012

322

The Service Sector in Asia: Is It an Engine of Growth? December 2012

321

Inclusive Growth and Gender Inequality in Asia's Labour Markets, December 2012

320

Developing the Service Sector as Engine of Growth for Asia: An Overview, November 2012

319

Prospects for Services Trade Negotiations, November 2012

318

Transactions: A New Look at Service Sector Foreign Direct Investment in Asia, November 2012

317

Is Growth in Asia and the Pacific Inclusive? December 2012

316

Valuing Electricity Service Attributes: A Choice Experiment Study in Madhya Pradesh, India, November 2012

315

Is Timor-Leste's Growth Inclusive? November 2012

314

Ending "Too Big To Fail": Government Promises versus Investor Perceptions, October 2012

313

Reducing Disparities and Enhancing Sustainability in Asian Pension Systems, October 2012

312

Malaysia's Investment Malaise: What Happened and Can It be Fixed? April 2012

311

On Measuring Human Capital: A Case Study of Viet Nam, September 2012

310

Government Fiscal Policies and Redistribution in Asian Countries, October 2012

309

Rural-Urban Migration and Employment Quality: A Case Study from Thailand, April 2012

307

Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 2), March 2012

306

Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 1), March 2012

305

Adoption of CFLs and Electrical Lighting Usage in Pakistan, October 2012

304

How Foreign Direct Investment Promotes Development: The Case of the People's Republic of China’s Inward and Outward FDI, February 2013

303

Vertical Gravity, July 2012

302

Do Contagion Effects Exist in Capital Flow Volatility? September 2012

301

Reexamining Policies for Food Security in Asia, February 2012

300

Going Regional: How to Deepen ASEAN's Financial Markets, January 2012

299

A Welfare Evaluation of East Asian Monetary Policy Regimes under Foreign Output Shock, February 2012

298

Lessons from the 1997 and the 2008 Crises in the Republic of Korea, January 2012

297

New Economic Geography and Tax Competition in the PRC: A Firm-Level Data Analysis with Policy Implications, January 2012

296

Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA, January 2012

295

Ownership Structure and Export Performance: Firm-Level Evidence from the Republic of Korea, December 2011

294

Infrastructure's Role in Sustaining Asia's Growth, December 2011

293

Assessing Factors Affecting M&As versus Greenfield FDI in Emerging Countries, November 2012

292

Demographic Dividends for India: Evidence and Implications Based on National Transfer Accounts, December 2011

291

Demographic Change, Intergenerational Transfers, and the Challenges for Social Protection Systems in the People's Republic of China, November 2011

290

Subnational Purchasing Power Parities toward Integration of International Comparison Program and Consumer Price Index: The Case of the Philippines, December 2011

289

Competition, Labor Intensity, and Specialization: Structural Changes in Postcrisis Asia, November 2011

288

Institutional Model of Decentralization in Action, December 2011

285

Asian Financial System: Development and Challenges, November 2011

284

Why Does Population Aging Matter So Much for Asia? Population Aging, Economic Growth, and Economic Security in Asia, October 2011

283

The Economic Life Cycle and Support Systems in Asia, October 2011

282

Population Aging and Aggregate Consumption in Developing Asia, October 2011

281

Impact of Population Aging on Asia's Future Growth, October 2011

280

Population, Wealth, and Economic Growth in the Asia and Pacific Region, October 2011

279

Exports and Employment in Indonesia: The Decline in Labor-Intensive Manufacturing and the Rise of Services, October 2011

278

Between-Country Disparities in MDGs: The Asia and Pacific Region, October 2011

277

Quality Employment and Firm Performance Evidence from Indian Firm-Level Data, October 2011

276

Winners and Losers of Multinational Firm Entry into Developing Countries: Evidence from the Special Economic Zones of the People's Republic of China, October 2011

275

Trends, Persistence, and Volatility in Energy Markets, October 2011

274

Evaluating Social Protection Programs in Tajikistan, September 2011

273

The Role of South-South FDI in the Economies of Developing Asia, September 2011

272

Foreign Direct Investment, Technology Diffusion, and Host Country Productivity Growth, August 2011

271

Creating Good Employment Opportunities for the Rural Sector, August 2011

270

South-South Economic Linkages: An Overview, August 2011

269

Energy Security and Economics of Indian Biofuel Strategy in a Global Context, August 2011

268

Effects of Trade and Services Liberalization on Wage Inequality in India, August 2011

267

Poverty in Asia and the Pacific: An Update, August 2011

266

On the Concept of Equity in Opportunity, August 2011

265

South-South Trade: An Asian Perspective, July 2011

264

Asia's Changing Role in World Trade: Prospects for South - South Trade Growth to 2030, July 2011

263

Mapping Vertical Trade, July 2011

262

When Fast Growing Economies Slow Down: International Evidence and Implications for the People's Republic of China, June 2011

261

Effectiveness of Capital Restrictions: Do Regional and Income Differences Matter? June 2011

260

Can Skill Diversification Improve Welfare in Rural Areas? Evidence from the Rural Skills Development Project in Bhutan

259

Financial Integration in East Asia: An Empirical Investigation, May 2011

258

Regional Corridors Development in Regional Cooperation, May 2011

257

Underlying Trends and International of Agricultural Commodities, May 2011

256

Effects of Financial Market Imperfections on Indian Firms' Exporting Behavior, May 2011

255

Energy Security, Food Security, and Economics of Sugarcane Bioethanol in India, April 2011

253

Impact of International Financial Shocks on Small Open Economies: The Case of Four ASEAN Countries, March 2011

252

Transforming the Philippine Economy: "Walking on Two Legs", March 2011

251

When are Capital Controls Effective? Evidence from Malaysia and Thailand, March 2011

250

Asia's Role in the New United States Export Economy, February 2011

249

Cross-Border Mergers and Acquisitions and Financial Development: Evidence from Emerging Asia, February 2011

248

A Welfare-Based Approach to Aggregating Growth Rates across Countries, February 2011

247

The Rise of the Middle Class in the People's Republic of China, February 2011

246

Updating 2005 Purchasing Power Parities to 2009 in the Asia and Pacific Region: Methodology and Empirical Results, January 2011

245

The Role of the Middle Class in Economic Development: What Do Cross-Country Data Show? January 2011

244

Climate Change and Agricultural Interregional Trade Flows in the People's Republic of China, January 2011

243

Impacts of Climate Change on the People's Republic of China’s Grain Output - Regional and Crop Perspective, January 2011

242

The Global Economic Crisis and Trade and Growth Prospects in East Asia, January 2011

241

Asian Trade Flows: Trends, Patterns, and Projections, January 2011

240

Physical Capital Accumulation in Asia-12: Past Trends and Future Projections, January 2011

239

Services Liberalization and Wage Inequality in the Philippines, December 2010

238

Monetary Policy Discipline and Macroeconomic Performance: The Case of Indonesia, December 2010

237

Private Sector Participation and Performance of Urban Water Utilities in the People's Republic of China, December 2010

236

A Survey on the Relationship between Education and Growth with Implications for Developing Asia, December 2010

235

Drivers of Developing Asia's Growth: Past and Future, November 2010

234

Trade and Income in Asia: Panel Data Evidence from Instrumental Variable Regression, November 2010

233

Financial Development and Economic Growth in Developing Asia, November 2010

232

Macroeconomic Effects from Government Purchases and Taxes, November 2010

231

Infrastructure and Growth in Developing Asia, November 2010

230

A Multi-Factor Measure for Cross-Market Liquidity Commonality, October 2010

229

Who are the Middle Class and What Values do They Hold? Evidence from the World Values Survey, October 2010

228

Determinants and Long-term Projections of Saving Rates in Developing Asia, October 2010

227

Projection of Long-Term Total Factor Productivity Growth for 12 Asian Economies, October 2010

226

Asian FTAs: Trends, Prospects, and Challenges, October 2010

225

Human Capital Development, October 2010

224

How Effective are Capital Controls in Asia? October 2010

223

The Role of Fiscal Policy in Rebalancing Developing Asia's Growth, September 2010

222

Fiscal Policy and Crowding Out in Developing Asia, September 2010

221

How Can Food Subsidies Work Better? Answers from India and the Philippines, September 2010

220

Economic Growth in Asia: Determinants and Prospects, September 2010

219

Impact of Labor Market Institutions on Unemployment: Results from a Global Panel, September 2010

218

Past and Future of the Labor Force in Emerging Asian Economies, September 2010

217

Middle Class Size in the Past, Present, and Future: A Description of Trends in Asia, September 2010

216

Human Capital Accumulation in Emerging Asia, 1970-2030, September 2010

215

Did Fiscal Stimulus Lift Developing Asia out of the Global Crisis? A Preliminary Empirical Investigation, August 2010

214

Toward a Harmonious Countryside: Rural Development Survey Results of the People's Republic of China, August 2010

213

The Distribution of Firm Size in India: What Can Survey Data Tell Us? August 2010

212

Productivity Growth across the World, 1991-2003, August 2010

211

Effectiveness of Countercyclical Fiscal Policy: Time-Series Evidence from Developing Asia, August 2010

210

Capital Flows and Real Exchange Rates in Emerging Asian Countries, July 2010

209

Closing Development Gaps: Challenges and Policy Options, July 2010

208

The Evolution and Impact of Asian Exchange Rate Regimes, July 2010

207

The Evolving Postcrisis World, July 2010

206

Monetary Policy and Financial Stability: Is Inflation Targeting Passe? July 2010

205

Fiscal Sustainability in Developing Asia, June 2010

204

Evolution of Income Mobility in the People's Republic of China: 1991-2002, June 2010

203

People's Republic of China-India Trade Costs, May 2010

202

Corporate Governance and Foreign Direct Investment, May 2010

201

Higher Water Tariffs for Less River Pollution—Evidence from Min River and Fuzhou City, People's Republic of China, May 2010

200

Structural Transformation in the Kyrgyz Republic: Engineering Future Paths of Capability Accumulation, May 2010

199

Education Outcomes in the Philippines, May 2010

198

Achievements and Challenges: 30 Years of Housing Reforms in the People's Republic of China, April 2010

197

Determinants of Different Modes of FDI: Firm-Level Evidence from Japanese FDI into the United States, March 2010

196

Minimum Wages and Changing Wage Inequality in Indonesia, March 2010

195

Trade Liberalization and Wage Inequality in the Philippines, March 2010

194

Remittances and Household Welfare: A Case Study of Pakistan, February 2010

193

Governance and Institutional Quality and the Links with Economic Growth and Income Inequality: With Special Reference to Developing Asia, February 2010

192

The Ties that Bind Asia, Europe, and United States, February 2010

191

Regional Trade Opportunities for Asian Agriculture, February 2010

190

Exports and the Global Crisis: Still Alive, though Not Quite Kicking Yet, December 2009

189

Remittances and Household Welfare: A Case Study of Bangladesh, December 2009

188

Remittances and Household Behavior in the Philippines, December 2009

187

The Decline of Investment in East Asia since the Asian Financial Crisis: An Overview and Empirical Examination, December 2009

186

Gender Equality and Inclusive Growth in Developing Asia, December 2009

185

The Global Crisis and the Impact on Remittances to Developing Asia, December 2009

184

An Analysis of Revisions to Annual GDP Estimates of Six ADB Regional Members, December 2009

183

Surveys of Informal Sector Enterprises - Some Measurement Issues, December 2009

182

Remittances in Asia: Implications for the Fight against Poverty and the Pursuit of Economic Growth, December 2009

181

What Makes for a Resilient Developing Asia in a Financially Globalized World? December 2009

180

Surfing the Waves of Globalization: Asia and Financial Globalization in the Context of the Trilemma, November 2009

179

US International Trade and the Global Economic Crisis, November 2009

178

Explaining Filipino Households' Declining Saving Rate, November 2009

177

Tariff Liberalization and Trade Specialization in India, November 2009

176

Productivity Growth in Different Firm Sizes in the Malaysian Manufacturing Sector: An Empirical Investigation, November 2009

175

The People's Republic of China as an Engine of Growth for Developing Asia?: Evidence from Vector Autoregression Models, October 2009

174

How Has Asia Fared in the Global Crisis? A Tale of Three Countries: Republic of Korea, Philippines, and Thailand, October 2009

173

Financial Sector Development, Economic Growth, and Poverty Reduction: A Literature Review, October 2009

172

Can trade with the People's Republic of China be an Engine of Growth for Developing Asia? October 2009

171

Equity in Health and Health Care in the Philippines, August 2009

170

Are Developing Asia's Foreign Exchange Reserves Excessive? An Empirical Examination, August 2009

169

Developing Asia's Sovereign Wealth Funds and Outward Foreign Direct Investment, August 2009

168

Fiscal Decentralization, Fiscal Incentives, and Pro-Poor Outcomes: Evidence from Viet Nam, July 2009

167

Public Goods Access and Juvenile Sex Ratios in Rural India: Evidence from the 1991 and 2001 Village Census Data, July 2009

166

Determinants of Structural Changes of Food Exports from Developing Countries, June 2009

165

Ageing Asia's Looming Pension Crisis, July 2009

164

The Impact of Exchange Rate on FDI and the Interdependence of FDI over Time, June 2009

163

The Optimal Structure of Technology Adoption and Creation: Basic Research vs. Development in the Presence of Distance to Frontier, June 2009

162

Saving in Asia: Issues for Rebalancing Growth, May 2009

161

Trade Structure and the Transmission of Economic Distress in the High-Income OECD Countries to Developing Asia, May 2009

160

Is Pakistan's Growth Rate Balance-of-Payments Constrained? Policies and Implications for Development and Growth, May 2009

159

A Cross-Country Analysis of Achievements and Inequities in Economic Growth and Standards of Living, May 2009

158

Saving, Investment, and Current Account Surplus in Developing Asia, April 2009

157

Causes and Consequences of Global Imbalances: Perspective from Developing Asia, April 2009

156

Informal Employment in Indonesia, April 2009

155

Informal Employment in Bangladesh, April 2009

154

Impact of Food Safety Standards on Processed Food Exports from Developing Countries, April 2009

153

Poverty Impact of the Economic Slowdown in Developing Asia: Some Scenarios, April 2009

152

Crises in Asia: Historical Perspectives and Implications, March 2009

151

Equilibrium Real Exchange Rate, Misalignment, and Export Performance in Developing Asia, March 2009

150

Macroeconomic Uncertainties, Oil Subsidies, and Fiscal Sustainability in Asia, March 2009

149

Technological Change, Human Capital Structure, and Multiple Growth Paths, March 2009

148

Quality of Jobs in the Philippines: Comparing Self-Employment with Wage Employment, March 2009

147

Corporate Governance and Merger and Acquisition Foreign Direct Investment: Firm-level Evidence from Japanese Foreign Direct Investment into the US, January 2009

146

Housing Prices and the Role of Speculation: The Case of Seoul, January 2009

145

Measuring Income Mobility, Income Inequality, and Social Welfare for Households of the People's Republic of China, December 2008

144

Have Antidumping Measures of EU and NAFTA Members against East Asian Countries Provoked Retaliatory Responses? December 2008

143

Integration of Consumer Price Indices and the International Comparison Program for the Asia and Pacific Region: How can They be Achieved? December 2008

142

Ex-ante Impact Evaluation of Conditional Cash Transfer Program on School Attendance and Poverty: The Case of the Philippines, December 2008

141

Environmental Kuznets Curves in the People's Republic of China: Turning Points and Regional Differences, December 2008

140

Export Performance, Foreign Ownership, and Trade Policy Regime: Evidence from Thai Manufacturing, December 2008

139

The US Financial Crisis, Global Financial Turmoil, and Developing Asia: Is the Era of High Growth at an End? December 2008

138

Effectiveness of Public Spending: The Case of Rice Subsidies in the Philippines, December 2008

137

Asian Holdings of US Treasury Securities: Trade Integration as a Threshold, December 2008

136

An Analysis of Pakistan's Macroeconomic Situation and Prospects, December 2008

135

Gender Differences in Remittance Behavior: Evidence from Viet Nam, November 2008

134

Foreign Direct Investment, Innovation, and Exports: Firm-Level Evidence from People's Republic of China, Thailand, and Philippines, November 2008

133

Asian Migration Prospects: 2007 - 2012, November 2008

132

Rethinking the Growth Diagnostics Approach: Questions from Practitioners, November 2008

131

Economics of Energy Conservation: A Case Study, October 2008

130

Prospects of an ASEAN-People's Republic of China Free Trade Area: A Qualitative and Quantitative Analysis, October 2008

129

Capital Outflows, Sovereign Wealth Funds, and Domestic Financial Instability in Developing Asia, October 2008

128

Causes of High Food Prices, October 2008

127

Effects of Hub-and-Spoke Free Trade Agreements on Trade: Panel Data Analysis, October 2008

126

Remittances and the Brain Drain: Skilled Migrants Do Remit Less! October 2008

125

Extra-EU Imports of Clothing and EU Preferential Trade Policies in the Post-Quota Era: The Position of Asian Suppliers in the Largest World Market for Clothing Imports, October 2008

124

Market-Based Approaches for Managing the Asian Environment: A Review, October 2008

123

Dealing with the Proliferation of Bilateral Trade Agreements: Consolidation, Multilateralization, Harmonization, or Dilution? September 2008

122

Globalization, Erosion of Tax Base, and the Revenue Potential of Developing Asia's Foreign Exchange Reserve Build-Up, September 2008

121

Inflation in Developing Asia: Demand-Pull or Cost-Push? September 2008

120

Explaining Growth and Inequality in Factor Income: The Philippines Case, August 2008

119

What Constrains Indian Manufacturing? August 2008

118

The Growth Penalty of High Government Pay Rates, June 2008

117

Accounting for Inequality in India: Evidence from Household Expenditures, June 2008

115

Privatization Revisited: Lessons from Private Sector Participation in Water Supply and Sanitation in Developing Countries, May 2008

116

Productivity and Employment in a Developing Country: Evidence from Republic of Korea, June 2008

114

Price Dynamics in the US Market for Apparel Imports: Impact of Quota Elimination under the Agreement on Textiles and Clothing and Safeguard Restrictions on the People's Republic of China, May 2008

113

Do Minimum Wages Reduce Employment and Training? May 2008

112

Has Inflation Hurt the Poor? Regional Analysis in the Philippines, May 2008

111

Asian Textile and Apparel Trade: Moving forward with Regional Integration, January 2008

110

A Note on Competitiveness and Structural Transformation in Pakistan, December 2007

109

Beyond Liquidity: New Uses for Developing Asia's Foreign Exchange Reserves, November 2007

108

Occupational Segregation and Gender Discrimination in Labor Markets: Thailand and Viet Nam, November 2007

107

Sectoral Engines of Growth in Developing Asia: Stylized Facts and Implications, November 2007

106

Determinants of Export Performance in East and Southeast Asia, November 2007

105

Efficient Technology and the Conservation of Natural Forests: Evidence from Sri Lanka, October 2007

104

An Empirical Analysis of East Asia's Pre-crisis Daily Exchange Rates, November 2007

103

Could Imports be Beneficial for Economic Growth? Some Evidence from Republic of Korea, October 2007

102

Incidence, Intensity, and Correlates of Catastrophic Out-of-Pocket Health Payments in India, October 2007

101

Benchmarking Developing Asia's Manufacturing Sector, September 2007

100

Time Preference and Natural Resource Use by Local Communities: The Case of Sinharaja Forest in Sri Lanka, August 2007

99

Flood Insurance as a Flood Management Tool: An Economic Perspective, August 2007

98

Defining and Measuring Inclusive Growth: Application to the Philippines, July 2007

97

Inclusive Growth toward a Prosperous Asia: Policy Implications, July 2007

96

Interrelationship between Growth, Inequality, and Poverty: The Asian Experience, June 2007

95

Can East Asia Weather a US Slowdown? June 2007

94

Theory and Practice in the Choice of Social Discount Rate for Cost-Benefit Analysis: A Survey, May 2007

93

An Analysis of the Philippine Business Process Outsourcing Industry, March 2007

92

Measuring Underemployment: Establishing the Cut-off Point, March 2007

91

Infrastructure as a Catalyst for Regional Integration, Growth, and Economic Convergence: Scenario Analysis for Asia, December 2006

90

Asia's Imprint on Global Commodity Markets, December 2006

89

Rules of Origin: Conceptual Explorations and Lessons from the Generalized System of Preferences, December 2006

88

Income Volatility and Social Protection in Developing Asia, November 2006

87

Expanding Access to Basic Services in Asia and the Pacific Region: Public-Private Partnerships for Poverty Reduction, November 2006

86

Economic Growth, Technological Change, and Patterns of Food and Agricultural Trade in Asia, November 2006

85

Macroeconomic Effects of Fiscal Policies: Empirical Evidence from Bangladesh, People's Republic of China, Indonesia, and Philippines, November 2006

84

Income Disparity and Economic Growth: Evidence from People's Republic of China, October 2006

83

Preferential Trade Agreements in Asia: Alternative Scenarios of "Hub and Spoke", October 2006

82

Institutions and Policies for Growth and Poverty Reduction: The Role of Private Sector Development, July 2006

81

A Small Macroeconometric Model of the People's Republic of China, June 2006

80

Central Asia: Mapping Future Prospects to 2015, April 2006

79

An Assessment of Cross-country Fiscal Consolidation, February 2006

78

Trade Facilitation, January 2006

77

Dynamics of Manufacturing Competitiveness in South Asia: Analysis through Export Data, December 2005

76

Policy Reform in Indonesia and the Asian Development Bank's Financial Sector Governance Reforms Program Loan, December 2005

75

Macroeconomic Impact of HIV/AIDS in the Asian and Pacific Region, November 2005

74

Growth and Trade Horizons for Asia: Long-term Forecasts for Regional Integration, November 2005

73

Impacts of the Doha Development Agenda on People's Republic of China: The Role of Complementary Education Reforms, October 2005

72

Can the Poor Benefit from the Doha Agenda? The Case of Indonesia, October 2005

71

Policy Reform in Thailand and the Asian Development Bank's Agricultural Sector Program Loan, September 2005

70

Policy Reform in Viet Nam and the Asian Development Bank's State-Owned Enterprise Reform and Corporate Governance Program Loan, August 2005

69

Export or Domestic-Led Growth in Asia? May 2005

68

Local Currency Financing - The Next Frontier for MDBs? April 2005

67

Banks and Corporate Debt Market Development, April 2005

66

Measuring Efficiency of Macro Systems: An Application to Millennium Development Goal Attainment, March 2005

65

Poverty and Foreign Aid Evidence from Recent Cross-Country Data, March 2005

64

Empirical Assessment of Sustainability and Feasibility of Government Debt: The Philippine Case, February 2005

63

Developing the Market for Local Currency Bonds by Foreign Issuers: Lessons from Asia, February 2005

62

A Small Macroeconometric Model of the Philippine Economy, January 2005

61

Foreign Exchange Reserves, Exchange Rate Regimes, and Monetary Policy: Issues in Asia, January 2005

60

Measuring Competitiveness in the World's Smallest Economies: Introducing the SSMECI, November 2004

59

Labor Market Distortions, Rural-Urban Inequality, and the Opening of People's Republic of China’s Economy, November 2004

58

Monetary Poverty Estimates in Sri Lanka: Selected Issues, October 2004

57

Practices of Poverty Measurement and Poverty Profile of Nepal, September 2004

56

Viet Nam: Foreign Direct Investment and Postcrisis Regional Integration, September 2004

55

Experience of Asian Asset management Companies: Do they Increase Moral Hazard? - Evidence from Thailand, September 2004

54

Practices of Poverty Measurement and Poverty Profile of Bangladesh, August 2004

53

Competitiveness, Income Distribution, and Growth in the Philippines: What Does the Long-run Evidence Show? June 2004

52

Restructuring and Regulatory Reform in the Power Sector: Review of Experience and Issues, May 2004

51

Poverty Estimates in India: Some Key Issues, May 2004

50

Is the Rising Services Sector in the People’s Republic of China Leading to Cost Disease? April 2004

49

Changing Bank Lending Behavior and Corporate Financing in Asia, December 2003

48

Is Export-led Growth Passe? Implications for Developing Asia, December 2003

47

Excess Investment and Efficiency Loss During Reforms: The Case of Provincial level Fixed-Asset Investment in People’s Republic of China, October 2003

46

Local Government Finance, Private Resources, and Local Credit Markets in Asia, October 2003

45

A Review of Commitment Savings Products in Developing Countries, July 2003

44

Welfare Impacts of Electricity Generation Sector Reform in the Philippines, June 2003

43

Why Has Income Inequality in Thailand Increased? An Analysis Using 1975-1998 Surveys , June 2003

42

Economic Growth and Poverty Reduction in Viet Nam, June 2003

41

Industrial Structure, Technical Change, and the Role of Government in Development of the Electronics and Information Industry in Taipei,China, May 2003

40

The Puzzle of Social Capital: A Critical Review, May 2003

39

The Political Economy of Good Governance for Poverty Alleviation Policies, May 2003

38

Foreign Direct Investment in Developing Asia: Trends, Effects, and Likely Issues for the Forthcoming WTO Negotiations, April 2003

37

Electricity Demand in the People's Republic of China: Investment Requirement and Environmental Impact, March 2003

36

Environment Statistics in Central Asia: Progress and Prospects, March 2003

35

Bond Market Development in East Asia: Issues and Challenges, January 2003

34

Economic Openness and Regional Development in the Philippines, January 2003

33

Technological Spillovers from Foreign Direct Investment-A Survey, December 2002

32

Leading Indicators of Business Cycles in Malaysia and the Philippines, December 2002

31

New Economy and the Effects of Industrial Structures on International Equity Market Correlations, December 2002

30

Asian Regionalism and Its Effects on Trade in the 1980s and 1990s, November 2002

29

How can Cambodia, Lao PDR, Myanmar, and Viet Nam Cope with Revenue Lost Due to AFTA Tariff Reductions? November 2002

28

Regional Cooperation in Asia: Long-term Progress, Recent Retrogression, and the Way Forward, October 2002

27

Digital Divide: Determinants and Policies with Special Reference to Asia, October 2002

26

Causes of the 1997 Asian Financial Crisis: What Can an Early Warning System Model Tell Us? October 2002

25

Revisiting Growth and Poverty Reduction in Indonesia: What Do Subnational Data Show? October 2002

24

Financial Opening under the WTO Agreement in Selected Asian Countries: Progress and Issues, September 2002

23

Promoting Effective Schooling through Education Decentralization in Bangladesh, Indonesia, and Philippines, September 2002

22

Conceptual Issues in the Role of Education Decentralization, September 2002

21

The Doha Agenda and Development: A View from the Uruguay Round, September 2002

20

Modernization and Son Preference in People's Republic of China, September 2002

19

Why Are Some Countries Richer Than Others? A Reassessment of Mankiw-Romer-Weil's Test of the Neoclassical Growth Model, August 2002

18

Poverty and Patterns of Growth, August 2002

17

Effect of Decentralization Strategy on Macroeconomic Stability in Thailand, August 2002

16

The Role of Infrastructure in Land-use Dynamics and Rice Production in Viet Nam’s Mekong River Delta, July 2002

15

A Framework for Establishing Priorities in a Country Poverty Reduction Strategy, June 2002

14

Toward a Political Economy Approach to Policy-based Lending, May 2002

13

Monetary Cooperation in East Asia: A Survey, May 2002

12

Costs and Benefits of a Common Currency for ASEAN, May 2002

11

The European Social Model: Lessons for Developing Countries, May 2002

10

Poverty Reduction and the Role of Institutions in Developing Asia, May 2002

09

Microfinance in Northeast Thailand: Who Benefits and How Much, April 2002

08

Poverty, Growth, and Inequality in Thailand, April 2002

07

Probing Beneath Cross-national Averages: Poverty, Inequality, and Growth in the Philippines, March 2002

06

Monetary and Financial Cooperation in East Asia: The Chiang Mai Initiative and Beyond, February 2002

05

The International Competitiveness of Asian Economies in the Apparel Commodity Chain, February 2002

04

International Competitiveness of Asian Firms: An Analytical Framework, January 2002

03

The Automotive Supply Chain: Global Trends and Asian Perspectives, January 2002

02

Policy-based Lending and Poverty Reduction: An Overview of Processes, Assessment, and Options, January 2002

01

Capitalizing on Globalization, January 2002

 
 

Source: Asian Development Bank