Economics Working Papers
The Economics Working Papers series is a forum for stimulating discussion on research and policy studies that deal with economic and development problems facing the Asia and Pacific region.
Education and the Evolution of Comparative Advantage
This paper provides the first evidence that countries with high education levels were more successful in developing comparative advantage in products unrelated to those they already export.
The Influence of US Dollar Funding Conditions on Asian Financial Markets
Amid high reliance on United States (US) dollar-denominated funding, this paper finds changes in exchange rates affect sovereign credit risk premiums in selected emerging Asian economies.
Gender Differences in Access to Health Care Among the Elderly: Evidence from Southeast Asia
This paper examines gender among other factors that may constrain older persons in Southeast Asia from meeting their health-care needs based on data from Cambodia, the Philippines, and Viet Nam.
The Role of Technology in Business-to-Consumer E-Commerce: Evidence from Asia
This paper uses proprietary panel data to investigate the possible drivers of business-to-consumer (B2C) online commerce growth, such as internet access and speed, online security, and financial inclusiveness.
Predicting Poverty Using Geospatial Data in Thailand
This study examines an alternative approach in estimating poverty by investigating whether readily available geospatial data can accurately predict the spatial distribution of poverty in Thailand.
The Wellness Economy: A Comprehensive System of National Accounts Approach
This working paper explains how to derive indicators for a country's wellness sector using the system of national accounts framework. It also provides estimates of these indicators for 10 countries in developing Asia across 2 time periods.
Applying Artificial Intelligence on Satellite Imagery to Compile Granular Poverty Statistics
This study outlines a computational framework to enhance the spatial granularity of government-published poverty estimates, citing data from the Philippines and Thailand.
The Impact of United States Tax Policies on Sectoral Foreign Direct Investment to Asia
How sensitive to corporate tax rates is inward foreign direct investment from the United States to developing Asia?
An Analysis of the Worldwide Response to the COVID-19 Pandemic: What and How Much?
This paper analyzes actions and financial packages implemented to combat the coronavirus disease (COVID-19) pandemic by ADB’s 68 members, the European Central Bank, and the European Union.
How “Monetization” Really Works—Examples from Nations’ Policy Responses to COVID-19
This paper explains why "monetization"—commonly equated with "printing money"—is operationally impossible and why inflationary concerns are misplaced, drawing on coronavirus disease (COVID-19) policy responses of selected countries.