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INDUSTRIAL GROUPINGS AND FOREIGN DIRECT INVESTMENT
We explore worldwide foreign direct investment location decisions by Japanese manufacturing firms from 1985 through 1991. Our conditional logit estimates provide evidence that firms’ locationExpand
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The balancing item in Australia's balance of payments accounts: an impressionistic view
The balancing item in the Australian balance of payments has been increasing in magnitude and volatility, violating with increasing frequency internationally agreed acceptability criteria ofExpand
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Productivity and Technical Change in Malaysian Banking: 1989–1998
This study examines the impact of deregulation and technological change on the productivity of Malaysian banks over the period 1989–1998. Malmquist indices constructed with nonparametric DEAExpand
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'Errors & Omissions' in the Reporting of Australia's Cross-Border Transactions
The study is motivated by the consideration that large and variable statistical discrepancies in key economic performance data and successive data revisions may distort the conduct of economic policyExpand
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Financial Development, Capital Accumulation and Productivity Improvement: Evidence from China
Financial sector development may contribute to economic growth by facilitating capital accumulation and by improving productivity. This article investigates empirically the contribution thatExpand
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The Humean Origin of the Contemporary Monetary Approach to the Balance of Payments
I. Introduction, 655.—II. The essence of the modern monetary approach, 657.—III. The price-specie-flow mechanism of David Hume, 663.—IV. Concluding observations, 668.
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Population ageing and labour supply prospects in China from 2005 to 2050
Increasing life expectancy and rapid fertility decline in China since the 1970s have accelerated the rate of population ageing, fuelling the prospects of an ageing workforce and a significantExpand
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CURRENT AND CAPITAL ACCOUNT INTERDEPENDENCE: AN EMPIRICAL TEST
This study uses two alternative specifications to test the interdependence between the current and capital accounts of the balance of payments. The empirical specifications, derived from the balanceExpand
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Skilled Immigration and Wages in Australia
This paper investigates the impact of the relative growth of skilled migration on the structure of Australian wages. Unlike conventional approaches, the present study uses macro data to examine theExpand
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