Asset utilization efficiency and ownership structure: Evidence from emerging and developing Eastern Europe

Energy Efficiency, Ownership Structure, and Sustainable Development: Evidence from China

Low energy efficiency and severe environmental pollution are two growing issues haunting China’s fast economic development. Under China’s current development model, economic growth still heavily depends on massive energy input, which makes energy efficiency one crucial topic in order to secure future sustainable development of China. This paper focuses on the unique energy ownership structure o...

Information Technology, Productivity, and Asset Ownership: Evidence from Taxicab Fleets

We develop a simple model that links the adoption of a productivity-enhancing technology to increased vertical integration and a less skilled workforce. We test the model’s key prediction using novel microdata on vehicle ownership patterns from the Economic Census during a period when computerized dispatching systems were first adopted by taxicab firms. Controlling for time-invariant firm-speci...

Capital Inflows and Asset Prices: Evidence from Emerging Asia

The withdrawal of foreign capital from emerging countries at the height of the recent financial crisis and its quick return sparked a debate about the impact of capital flow surges on asset markets. This paper addresses the response of property prices to an inflow of foreign capital. For that purpose we estimate a panel VAR on a set of Asian emerging market economies, for which the waves of inf...

Asset ownership along gender lines: evidence from Thailand

Efficiency and Ownership: Evidence from Japanese Credit Cooperatives

Data envelopment analysis (DEA) is used to estimate the overall efficiency and productivity growth of credit cooperatives in Japan during 1992–1996. Overall efficiency is decomposed into output technical efficiency and input allocative efficiency. Twenty percent of all credit cooperatives in Japan are foreign owned with more than 90% of those owned by Koreans. The history of institutional discr...