316 research outputs found

    Market Structure and International Trade: Business Groups in East Asia

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    In this paper we study the effect of market structure on the trade performance of South Korea, Taiwan, and Japan. We center our analysis on Korea and Taiwan, countries which have very different market structures: Korea has many large, vertically-integrated business groups known as chaebol, whereas business groups in Taiwan are smaller and horizontally-integrated in the production of intermediate inputs. The exports of these countries to the United States are compared using indexes of product variety and 'product mix', which are constructed at the 5-digit industry level. It is found that Taiwan tends to export a greater variety of products to the U.S. than Korea, and this holds across nearly all industries. In addition, Taiwan exports relatively more high-priced intermediate inputs, whereas Korea exports relatively more high-priced final goods. We argue that these results confirm the importance of market structure as a determinant of trade patterns.

    Testing Endogenous Growth in South Korea and Taiwan

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    We evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan. Our empirical work relies on a direct measure of the variety of products from each sector which can serve as intermediate inputs or as final goods. We test whether changes in the variety of these inputs, for Taiwan relative to Korea, are correlated with the growth in total factor productivity (TFP) in each sector, again measured in Taiwan relative to Korea. We find that changes in relative product variety (entered as either a lag or a lead) have a positive and significant effect on TFP in eight of the sixteen sectors. Seven out of these eight sectors are what we classify as secondary industries, in that they rely on differentiated manufactured inputs, and therefore seem to fit the idea of endogenous growth. Among the primary industries that rely more heavily on natural resources, we find more mixed evidence.

    Product Cycle and Industrial Hollowing-out: The Case of the Electrical and Electronics Sector of Taiwan

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    This paper traces the route of Taiwan's industrial restructuring from 1980 to 1999, during which period Taiwan switched from a capital inflowing country to a capital-outflowing one. By establishing an empirical model based on the idea of Vernon's product cycle theory, we construct a quantitative measurement of product turnover and product upgrading. Tests are applied to the electrical and electronic industry to see whether its product turnover and product upgrading has significantly slowed down in the 1990s. If so, we may conclude that the industrial hollowing-out may have appeared. The empirical results show that product turnover and product upgrading do not significantly deteriorate in 1990s though the performances of the sub-industries within the EE industry are largely differentiated in 1990s compared with that in 1980s.

    Market structure and international trade

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    A Community-Based Walk-In Screening of Depression in Taiwan

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    Depression is a crucial public health problem because of its relatively high association with suicidal attempts, prolonged social isolation, poor physical health, and dementia. However, the available data and study on the prevalence of depression in Taiwan were mostly completed within the previous 1 to 2 decades, and these studies were limited to certain areas or populations. Little is known regarding the current status of depression in Taiwan. We used a brief tool, the Center for Epidemiological Studies Depression Scale (CES-D), to screen depression in 4 areas among the general and aged population. The results showed a higher CES-D score in the southern area among general (mean ± SD: 7.8 ± 8.4) or aged participants (mean ± SD: 7.2 ± 8.0) compared with other areas. The ratio of suspected depression patients was 16.4% of all recruited participants and 13.3% of aged participants. These results may provide information for this public health issue

    The Effect of Financial Resources on Fertility: Evidence from Administrative Data on Lottery Winners

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    This paper utilizes wealth shocks from winning lottery prizes to examine the effect of financial resources on fertility. Using administrative data on Taiwanese lottery winners and a difference-in-differences design, we compare the trend in fertility between households receiving lottery prizes of more than 1 million NT(33,000US (33,000 US) with those winning less than 10,000 NT(330US (330 US). The results show that the receipt of a big lottery prize significantly increases fertility, and effects are driven by households with less financial resources. Moreover, big lottery wins mainly trigger childless households to have children and induce people to get married earlier

    An Effective Mixture-Of-Experts Approach For Code-Switching Speech Recognition Leveraging Encoder Disentanglement

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    With the massive developments of end-to-end (E2E) neural networks, recent years have witnessed unprecedented breakthroughs in automatic speech recognition (ASR). However, the codeswitching phenomenon remains a major obstacle that hinders ASR from perfection, as the lack of labeled data and the variations between languages often lead to degradation of ASR performance. In this paper, we focus exclusively on improving the acoustic encoder of E2E ASR to tackle the challenge caused by the codeswitching phenomenon. Our main contributions are threefold: First, we introduce a novel disentanglement loss to enable the lower-layer of the encoder to capture inter-lingual acoustic information while mitigating linguistic confusion at the higher-layer of the encoder. Second, through comprehensive experiments, we verify that our proposed method outperforms the prior-art methods using pretrained dual-encoders, meanwhile having access only to the codeswitching corpus and consuming half of the parameterization. Third, the apparent differentiation of the encoders' output features also corroborates the complementarity between the disentanglement loss and the mixture-of-experts (MoE) architecture.Comment: ICASSP 202

    The incidence of symptomatic venous thromboembolism following hip fractures with or without surgery in Taiwan

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    AbstractBackgroundInformation on the incidence of venous thromboembolism (VTE) following hip fractures in Asia is rare. This study will investigate the epidemiology of symptomatic VTE in Taiwanese patients experiencing hip fractures.Methods and resultsWe used Taiwan's National Health Insurance Research Database to retrospectively identify patients (≧45years) who experienced hip fractures from 1998 to 2007 and were followed up for 3months after the discharge. Logistic regression analysis determined the independent risk factors of symptomatic VTE after the fractures. We identified 134,034 patients (mean age: 76.2±9.7years; female: 57.8%) who experienced hip fractures, 83.2% of whom underwent hip surgery. The overall pharmacological thromboprophylaxis rate was 2.7%. The mean length of stay was 11.3±7.9days. The 3-month cumulative incidence of symptomatic VTE was 77 events per 10,000 persons. Multivariate analysis showed that previous DVT, previous PE, varicose veins, cancer, heart failure, renal insufficiency, and older age were independent risk factors of developing VTE.ConclusionsThe incidence of symptomatic VTE after hip fractures is low in Taiwan. Patients rarely received pharmacological thromboprophylaxis following hip fractures. Universal thromboprophylaxis for patients experiencing hip fractures was not necessary in Taiwan, but it should be considered in high-risk populations

    Business Groups and Trade in East Asia: Part 2, Product Variety

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    We analyze the impact of market structure on the trade performance of South Korea, Taiwan and Japan. Korea has many large, vertically-integrated business groups known as chaebol, whereas business groups in Taiwan are smaller and more specialized in the production of intermediate inputs. We test the hypothesis that the greater vertical integration in Korea results in less product variety than for Taiwan, by constructing indexes product variety and ""product mix"" in their exports to the United States. It is found that Taiwan tends to export a greater variety of products to the U.S. than Korea, and this holds across all industries. In addition, Taiwan exports relatively more high-priced intermediate inputs, whereas Korea exports relatively more high-priced final goods. A comparison with Japan is also presented, and we find that that Japan has greater product variety in its sales to the U.S. than either Taiwan or Korea
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