Hong Kong

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Browse all works related to Hong Kong.

"22" Result

In this dissertation, I assess large business cycle fluctuation episodes and investigate what kind of shocks caused these large fluctuations and through what kind of mechanisms did these shocks operate. In the first chapter I focus on the late 1997 Korean crisis. Three main feat…

This thesis is a collection of three essays on industrial productivity growth in Asia. The first two essays analyze an unbalanced panel data set on 606 Chinese machinery factories in Guangdong province, from 1980 to 1991. We find rapid although volatile TFP growth in these facto…

Chapter 1 addresses the following question: Is China diverting foreign direct investment from other Asian economies? Theoretically, a growing China can add to other countries' direct investment by creating more opportunities for production networking and by raising demand for ra…

In the paper, we propose a new methodology to test and date the financial contagion. The newly proposed multivariate model not only incorporates endogenous structural breaks but also encompasses a "mixed" version of state-space model. It provides a "direct" test for the presence…