Asian Development Review: Volume 40, Number 2

One of the articles looks at how to measure economic activities with limited resources by applying satellite data with machine learning algorithms. Another looks at the differential impact of the Paris Agreement on companies and industries that have different carbon emission levels. Other topics covered include the potential impact of declining fertility and aging.

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Mini Symposium: Selected Papers from AEDC 2022Xin Meng, Guest Editor

This mini symposium gathers four papers from the Asian Development Review seminar conducted during the Asian Economic Development Conference 2022.

Not All That It Seems: Narrowing of Gender Gaps in Employment during the Onset of COVID-19 in IndonesiaDaniel Halim, Sean Hambali, and Ririn Salwa Purnamasari

This paper studies the COVID-19 pandemic’s impact on Indonesia’s labor market, using the exogenous timing of the pandemic in a seasonal difference-in-differences framework.

Predicting Provincial Gross Domestic Product Using Satellite Data and Machine Learning Methods: A Case Study of Thailand Nattapong Puttanapong, Nutchapon Prasertsoong, and Wichaya Peechapat

This study introduced a new approach for monitoring regional development by applying satellite data with machine learning algorithms.

Climate-Related Transition Risk and Corporate Debt Financing: Evidence from Southeast AsiaGemma Estrada, Resi Ong Olivares, Donghyun Park, and Shu Tian

This paper analyzes the impact of Paris Agreement ratification on the debt financing decisions of publicly listed companies in Southeast Asian economies.

The People’s Republic of China’s 40-Year Demographic Dividend and Labor Supply: The Quantity MythXin Meng

This paper examines the contributions of various dimensions of the People’s Republic of China’s working-age population in the total population and its impact on economic growth.

Trust as Key to Health Sector ReformsVani S. Kulkarni, Veena S. Kulkarni, and Raghav Gaiha

This paper analyzes the covariates of trust in public and private health-care providers based on an all-India panel survey and delineates policies to rebuild trust, especially in public health care.

Which Way to Go Now? Financing Economic Growth in the Sustainable Development Era Sudip Ranjan Basu and Monica Das

This paper uses a novel methodology to reexamine the relationship between financial development and economic growth in the era of sustainable development.

Impacts of the COVID-19 Lockdown on Consumption: Household Data from IndiaAnirban Sanyal, Nirvikar Singh, and Rolly Kapoor

Using Punjab’s household survey data, this paper quantifies the impacts on consumption expenditure and the patterns following India’s initial sudden lockdown in response to the COVID-19 pandemic.

Could Better Jobs for Men Have Improved Gender Equality? The Relationship between Economic Growth and Gender Equality in IndiaSujata Balasubramanian

This paper argues that growth in India has not substantially improved gender equality because it has not sufficiently activated raising women’s employment and reducing poverty.

Priorities for Strengthening Key Revenue Sources in Asia Sanjeev Gupta and João Tovar Jalles

This paper discusses the evolution of key taxes during the past 20 years in developing Asia and the fiscal challenges that the region’s economies face in light of the coronavirus disease (COVID-19) pandemic.

Population Aging, Pension Systems, and Economic Growth: Applying an Overlapping Generations Model to the Informal SectorNavarat Temsumrit

This paper analyzes the effects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector.

The Role of Foreign Direct Investment and Trade in Urbanization in Developing Asia: Structural Changes after the Global Financial CrisisMadhabendra Sinha and Darius Tirtosuharto

This study seeks to fill a literature gap on the extent that foreign direct investment and international trade impact developing Asian economies through urbanization.

Impact of Rural Credit on Household Welfare: Evidence from a Long-Term Panel in BangladeshMd. Alamgir Hossain, Mohammad Abdul Malek, and Zhengfei Yu

This paper provides evidence for the long-term impact of different rural credit sources—which include formal banks, quasi-formal microfinance institutes, and informal channels—on household welfare indicators.

The Effects of Digitalization, Energy Intensity, and the Demographic Dividend on Viet Nam’s Economic Sustainability GoalsNgo Thai Hung

This research examines how the digital economy, energy efficiency, and demographic transition might help Viet Nam achieve more sustainable economic development.


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