Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | 박대근 | - |
dc.date.accessioned | 2018-03-26T00:45:52Z | - |
dc.date.available | 2018-03-26T00:45:52Z | - |
dc.date.issued | 2013-05 | - |
dc.identifier.citation | The Singapore economic review, 2013, 58(2), P.1350012 | en_US |
dc.identifier.issn | 0217-5908 | - |
dc.identifier.uri | https://www.worldscientific.com/doi/abs/10.1142/S0217590813500124 | - |
dc.identifier.uri | http://hdl.handle.net/20.500.11754/52039 | - |
dc.description.abstract | We examine statistical importance of a number of institutional factors, which have been alleged by market investors and policy commentators as significant barriers on cross-border portfolio investment in East Asian economies, but never been put to empirical tests yet. Taking advantage of the novel data set constructed by the ABMI-GoE, we empirically investigate the explanatory power of such institutional factors as market access-hindering regulations, foreign exchange controls, credit controls, taxation and inefficient post-trading infrastructure. We find that these alleged barriers indeed have significantly negative impacts on cross-border portfolio investment in East Asian economies. In addition, we find some support for the "pecking order" hypothesis in barriers on cross-border portfolio investment in the sense that barriers on post-trading efficiency and cost barriers are not effective unless barriers on market access are significantly lowered. | en_US |
dc.language.iso | en | en_US |
dc.publisher | World Scientific | en_US |
dc.subject | FINANCIAL INTEGRATION | en_US |
dc.subject | CAPITAL CONTROLS | en_US |
dc.subject | DETERMINANTS | en_US |
dc.subject | FLOWS | en_US |
dc.subject | MARKETS | en_US |
dc.subject | LOCATION | en_US |
dc.subject | MATTERS | en_US |
dc.subject | DRIVES | en_US |
dc.title | WHAT HINDERS CROSS-BORDER PORTFOLIO INVESTMENT IN EAST ASIA? | en_US |
dc.type | Article | en_US |
dc.relation.no | 2 | - |
dc.relation.volume | 58 | - |
dc.identifier.doi | 10.1142/S0217590813500124 | - |
dc.relation.page | 1-22 | - |
dc.relation.journal | SINGAPORE ECONOMIC REVIEW | - |
dc.contributor.googleauthor | Park, Daekeun | - |
dc.contributor.googleauthor | Shin, Inseok | - |
dc.relation.code | 2013015131 | - |
dc.sector.campus | S | - |
dc.sector.daehak | COLLEGE OF ECONOMICS AND FINANCE[S] | - |
dc.sector.department | DIVISION OF ECONOMICS & FINANCE | - |
dc.identifier.pid | parkdk | - |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.