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Discussion Papers

Discussion Papers

Reconstructing the Concept of "Single Market and Production Base" for ASEAN beyond 2015

31 October 2013

Abstract This paper examines the true meaning of the key word of ASEAN economic integration "single market and production base." Heading for "single market" … Read More

Streamlining NTMs in ASEAN: The Way Forward

31 October 2013

Abstract The findings show that the incidence of non tariff measures (NTMs) in ASEAN is moderate in comparison with other regions of the world. … Read More

Small and Medium Enterprises' Access to Finance: Evidence from Selected Asia Economies

11 October 2013

Abstract This paper sheds light on the issue of SME financing in selected Asian economies using a unique sample survey. It elaborates on (i) … Read More

Toward a Single Aviation Market in ASEAN: Regulatory Reform and Industry Challenges

09 October 2013

Abstract The ASEAN Single Aviation Market or Open Skies project aims to liberalize the air transport industry in ASEAN by 2015. However, the project faces … Read More

Moving MPAC Forward: Strengthening Public-Private Partnership, Improving Project Portfolio and in Search of Practical Financing Schemes

03 October 2013

Abstract Infrastructure investment has high economic returns, especially in ASEAN economies where enhanced connectivity is critical for their continued prosperity. Each member government needs to … Read More

Agriculture, Regulation and Governance

Thought/Issues Paper on ASEAN Food Security: Towards a more Comprehensive Framework

03 October 2013

Food security is fundamental to human security and sustainable development. As ASEAN moves towards an integrated community of caring societies in 2015 and … Read More

Agriculture, Urban Development

Making Myanmar the Star Growth Performer in ASEAN in the Next Decade: A Proposal of Five Growth Strategies

19 September 2013

After decades of isolation, Myanmar is now actively re-engaging with the global economy. For successful re-engagement, Myanmar needs to implement comprehensive economic reforms … Read More

Macroeconomy

Managing Economic Shocks and Macroeconomic Coordination in an Integrated Region: ASEAN Beyond 2015

16 September 2013

Abstract We examine the transmission of economic shocks both from the rest of the world into the ASEAN region, as well as the transmission of … Read More

Competition Policy Challenges of Single Market and Production Base

01 September 2013

Abstract Competition policy is an important beyond-the-border element of the single market and production base envisioned in the ASEAN Economic Community (AEC). The targets … Read More

Growing an ASEAN Voice?: A Common Platform in Global and Regional Governance

01 September 2013

Abstract As ASEAN moves towards Community, the group's increasing integration combines with extrinsic factors to increase the expectation and need to become play a more … Read More

Social Protection, disasters

Impact of Disasters and Role of Social Protection in Natural Disaster Risk Management in Cambodia

01 August 2013

The pattern of risks faced by the poor and vulnerable in rural areas of Cambodia, as a consequence of natural disaster, is posing … Read More

Social Protection, Agriculture, disasters

Impact of Natural Disasters on Agriculture, Food Security, and Natural Resources and Environment in the Philippines

01 August 2013

This study quantitatively and qualitatively analyzed the impacts of natural disasters (particularly typhoons, floods and droughts) on agriculture, food security and the natural resources and … Read More

disasters, Social Protection

Impact of Disasters and Disaster Risk Management in Singapore: A Case Study of Singapore's Experience in Fighting the SARS Epidemic

01 August 2013

Singapore is vulnerable to both natural and man-made disasters alongside its remarkable economic growth. One of the most significant disasters is the Severe … Read More

industry and manufacturing, Social Protection, disasters

Impact of Recent Crises and Disasters on Regional Production/Distribution Networks and Trade in Japan

01 August 2013

This paper sheds light on domestic/international production networks in machinery industries and examines how the economic crisis and natural/technological disaster that Japan encountered … Read More

Macroeconomy, Social Protection

Index-Based Risk Financing and Development of Natural Disaster Insurance in Developing Asian Countries

01 August 2013

This paper explores innovations in index-based risk transfer products (IBRTPs) as a means to address important insurance market imperfections that have precluded the … Read More

disasters, Environment

Economic and Welfare Impacts of Disasters in East Asia and Policy Responses: The Case of Vietnam

01 August 2013

Although Vietnam has seen remarkable economic achievements over the last twenty-five years, the country is still one of the poorest countries in the … Read More

Social Protection, Urban Development

Impact of Natural Disasters on Production Networks and Urbanization in New Zealand

01 August 2013

New Zealand's history of natural disasters and its vulnerability to various types of disaster are outlined briefly. A summary description of the country's … Read More

industry and manufacturing, Social Protection, disasters

Long-run Economic Impacts of Thai Flooding: Geographical Simulation Analysis

01 July 2013

We discuss the long-run economic impact of natural disasters on the countries concerned by examining the case of Thai flooding in 2011.If the … Read More

A CGE Study of Economic Impact of Accession of Hong Kong to ASEAN-China Free Trade Agreement

28 May 2013

Abstract We conduct a set of global computable general equilibrium (CGE) simulations to evaluate economic effects of Hong Kong's accession to the ASEAN-China FTA (HK-ACFTA) … Read More

Trade

Assessing the Progress of Services Liberalization in the ASEAN-China Free Trade Area (ACFTA)

28 May 2013

The aim of this paper is to evaluate the success of progressive services liberalization under the ASEAN China FTA (ACFTA). First, we calculate … Read More

The Impact of AFTA on Intra-AFTA Trade

27 May 2013

Abstract ASEAN countries have liberalized intra-ASEAN trade over the last 20 years by establishing the ASEAN Free Trade Area (AFTA). This paper aims to examine … Read More

How Far Will Hong Kong's Accession to ACFTA Impact its Trade in Goods?

15 May 2013

Abstract Hong Kong proposed its possible accession to the ASEAN-China Free Trade Area (ACFTA) in November 2011. This report examines how much Hong Kong's … Read More

ASEAN Regional Cooperation on Competition Policy

08 April 2013

Abstract ASEAN member states (AMSs) intend to establish the ASEAN Community by 2015. A key component of this goal is the formation of the … Read More

Taking ASEAN+1 FTAs towards the RCEP: A Mapping Study

22 January 2013

Abstract In November 2012, the leaders of the ASEAN+6 countries agreed to launch a new FTA negotiation called the "Regional Comprehensive Economic Partnership" (RCEP). … Read More

Impact of Liberalization and Improved Connectivity and Facilitation in ASEAN for the ASEAN Economic Community

01 January 2013

Abstract This study evaluates the impacts of liberalization and improved connectivity and facilitation among the ASEAN member countries. This study attempts to evaluate economic impacts … Read More

Electricity Market Integration: Global Trends and Implications for the EAS Region

27 September 2012

Abstract Electricity market reform has been implemented in many countries and regions in the world. There is no doubt that electricity consumption continues to … Read More

Market Entry Barriers for FDI and Private Investors: Lessons from China's Electricity Market

27 September 2012

Abstract EMI is one of the priorities of regional cooperation identified by leaders from the EAS region. The countries in the region have made great … Read More

Power Generation and Cross-border Grid Planning for the Integrated ASEAN Electricity Market: A Dynamic Linear Programming Model

27 September 2012

Abstract The central question raised in this study is how to meet the growing power demand in ASEAN countries in the next two decades. … Read More

Economic Development, Energy Market Integration and Energy Demand: Implications for East Asia

24 August 2012

Abstract This paper uses the general method of moment (GMM) regression technique to estimate an cross-country energy demand function with a data set covering 71 … Read More

Human Capital, Regulation and Governance

Growth Policy and Inequality in Developing Asia: Lesson from Korea

01 July 2012

While developing Asia has traditionally prioritized growth over equality, recent years have witnessed a growing popular demand for more inclusive growth in the … Read More

Human Capital, Labour and Migration

The Relationship between Structural Change and Inequality: A Conceptual Overview with Special Reference to Developing Asia

01 July 2012

Structural change has a far-reaching impact on inequality. It exposes the population to challenges and opportunities. Foreign trade and technological progress have been … Read More

Direction of Causality in Innovation-Exporting Linkage: Evidence on Korean Manufacturing

06 June 2012

Abstract This paper examines various possible bi-directional causal relationships among exporting, innovation, and productivity utilizing plant-level data on Korean manufacturing. Based on both propensity score … Read More

Globalization, Innovation and Productivity in Manufacturing Firms: A Study of Four Sectors of China

06 June 2012

Abstract This paper investigates relationships between innovation input, innovation output and labor productivity in China for four major manufacturing sectors; textiles, wearing apparel, transport equipment … Read More

Sources of Learning-by-Exporting Effects: Does Exporting Promote Innovation?

06 June 2012

Abstract This paper examines whether first-time exporters achieve productivity improvements through learning-by-exporting effects. The results suggest that starting exporting to North America/Europe has a strong … Read More

The Link between Innovation and Export: Evidence from Australia's Small and Medium Enterprises

06 June 2012

Abstract This paper investigates the direction of causality between export market participation and innovation using firm level data from Australia. Using the propensity score matching … Read More

The Role of Trade Costs in FDI Strategy of Heterogeneous Firms: Evidence from Japanese Firm-level Data

06 June 2012

Abstract This paper attempts to clarify the reasons for the rapid growth of FDI in developing countries, particularly East Asian countries, compared with that of … Read More

Innovation and Technology, industry and manufacturing

Knowledge Flows, Organization and Innovation: Firm-Level Evidence from Malaysia

06 June 2012

Technological upgrading of a country's manufacturing sector requires the enhancement of firm-level capabilities. Knowledge flows within firms and those between firms and other entities are … Read More

Innovation and Technology, Trade

Trade Reforms, Competition, and Innovation in the Philippines

06 June 2012

What is the impact on firms' innovative activities of the removal of barriers to trade? Does the increase in competition arising from trade … Read More

industry and manufacturing, Innovation and Technology

Globalization and Innovation in Indonesia: Evidence from Micro-Data on Medium and Large Manufacturing Establishments

06 June 2012

In this paper we examine the impact of globalization on innovation in the Indonesian manufacturing sector. The lack of innovation data in the … Read More

How Does Country Risk Matter for Foreign Direct Investment?

02 February 2012

Abstract In this paper we empirically investigate the effects on inward FDI of various components of political and financial risk. We also examine the relationship … Read More

Agglomeration and Dispersion in China and ASEAN: a Geographical Simulation Analysis

01 February 2012

Abstract Spatial designing of economic development with enhancing connectivity has become essential to pursue both sustained growth and the narrowing of development gaps. The issue … Read More

How Did the Japanese Exports Respond to Two Crises in the International Production Network?: The Global Financial Crisis and the East Japan Earthquake

01 January 2012

Abstract This paper analyzes the impact of two massive shocks, the 2008-2009 Global Financial Crisis and the 2011 East Japan Earthquake, on Japanese exports, focusing … Read More

industry and manufacturing, Innovation and Technology

Interactive Learning-driven Innovation in Upstream-Downstream Relations: Evidence from Mutual Exchanges of Engineers in Developing Economies

02 December 2011

This paper presents a simple model of the innovations that result from face-to-face communication and mutual learning in upstream-downstream relations. To examine the … Read More

Foreign Output Shocks and Monetary Policy Regimes in Small Open Economies: A DSGE Evaluation of East Asia

01 December 2011

Abstract East Asia's small open economies were hit in varying degrees by the sharp drop in the output of major industrial countries during the global … Read More

industry and manufacturing, Innovation and Technology

Impacts of Incoming Knowledge on Product Innovation: Technology Transfer in Auto-related Industries in Developing Economies

03 November 2011

This paper studies two questions on the role of networked sources of knowledge influential to product innovation. First: What is the extent of … Read More

Gas Market Integration: Global Trends and Implications for the EAS Region

02 November 2011

Abstract East Asia is already the main destination of the world's commercial liquefied natural gas (LNG). However, the gas markets in the EAS area are … Read More

Energy Market Integration in East Asia: A Regional Public Goods Approach

01 November 2011

Abstract This study applies a regional public goods approach to the study of energy market integration (EMI) in East Asia, with a view to clarifying … Read More

Energy Market Integration and Economic Convergence: Implications for East Asia

01 October 2011

Abstract Energy Market Integration (EMI) has been pursued by East Asian countries in recent years, but how it could play a role in facilitating economic … Read More

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