nep-sea New Economics Papers
on South East Asia
Issue of 2024‒03‒25
nine papers chosen by
Kavita Iyengar, Asian Development Bank

  1. Shape-shifting and strategic in/visibility: comparing sex work activism in Singapore and the Philippines By Parmanand, Sharmila
  2. Local Government Splits and Economic Activities : Micro-Level Evidence from Indonesia By Asyahid, Esa A.
  3. The Impact of Monetary and Fiscal Stimulus on Stock Returns During the COVID-19 Pandemic By Chinmaya Behera; Badri Narayan Rath; Pramod Kumar Mishra
  4. Rethinking evidence-based decision-making in Lao PDR: reflections and ways forward. Report of the Policy Think Tank (PTT) Consultation Workshop, Vientiane, Lao PDR, 11 October 2023 By Inphonephong, Souphalack; Kotchofa, Pacem; Phounvisouk, L.
  5. Eliminating the Black Market: Evidence from a Lottery Gambling Policy in Thailand By Natt Hongdilokkul; Archawa Paweenawat; Krislert Samphantharak; Suparit Suwanik
  6. The Relationship between Literary Development and Traditional Medicine in the Southern Dynasty of China By Xuebei HU
  7. Impulse Buying Behavior of Consumers Through Social Commerce By Nguyen Thi Hai Binh
  8. Economics of aquaculture farms By Pascal Raux
  9. Indonesia: A new Indo-Pacific partner? By Sultan, Samina; Kunath, Gero; Förster, Henrik; Matthes, Jürgen

  1. By: Parmanand, Sharmila
    Abstract: Research on public health, crime, and policing regularly discusses sex workers in Southeast Asia but rarely recognises them as agents of social and political activism. This paper shows that sex workers and their allies in Singapore and the Philippines have long and rich histories of challenging their criminalisation and stigmatisation through cultural activism, political advocacy, consciousness-raising, and the provision of direct services to fellow sex workers. Using feminist ethnography, including interviews and participant observation with Project X in Singapore and the Philippine Sex Workers Collective, this paper explores how sex work activists have strategically adapted to their political environments. In Singapore, they maintain resistance through ‘shape-shifting, ’ working within state-sanctioned mechanisms, positioning themselves as public health service providers, and creating spaces for radical political advocacy. In the Philippines, where an anti-sex work position is more deeply entrenched within dominant social blocs, sex work activists aggressively criticise state policies on social media and in carefully vetted forums but remain strategically invisible to avoid exposure, harassment, misrepresentation, and prosecution. This paper looks at how sex work activists engage in claims-making — underscoring the differences in the political resonance of human rights in both countries — and interrogates how sex work activism challenges social hierarchies, especially concerning migrants and trans individuals. Overall, it contributes to a richer understanding of non-traditional forms of political activism in Southeast Asia and makes visible sex workers’ contributions to feminism and labour movements in the global south and non-Western contexts.
    Keywords: sex work; trafficking; activism; social movements; Singapore; Philippines; CUP deal
    JEL: R14 J01
    Date: 2024–01–10
  2. By: Asyahid, Esa A. (Warwick University)
    Abstract: Although local government splits have been widely implemented in developing countries, there is limited empirical evidence on their effects on economic activities. This study investigates the impacts of district splits on household business activities using a rich household-level panel dataset that spans over 20 years and covers an episode of massive district splits in Indonesia. Using a difference-in-differences approach, I found that district splits do not improve non-farm business revenue growth. Instead, they drive more businesses to exit from the industry. On the other hand, district splits improve farm business revenue growth and entry into this industry. However, the growth effect is not driven by productivity improvement as expected, but solely the result of land input expansion, which is likely acquired in unsustainable ways. Additionally, district splits decrease out-migration, aligning with the Tiebout sorting model. Taken together, these findings add another argument for the need to reevaluate the current practices and regulations on local government splits.
    Keywords: D13 ; D73 ; H77 JEL classifications: local government splitting ; Indonesia ; household business ; difference-indifference
    Date: 2024
  3. By: Chinmaya Behera (Economics and General Management, Goa Institute of Management, Goa, India, (Corresponding author: Goa Institute of Management, Poriem, Sattari, Goa)); Badri Narayan Rath (Department of Liberal Arts, IIT Hyderabad, Kandi, Sangareddy, India); Pramod Kumar Mishra (School of Management, University of Hyderabad, Telangana, India)
    Abstract: We contribute to the literature by investing the impact of monetary and fiscal stimulus and exchange rate on stock returns during the COVID-19 pandemic in Australia, China, India, and Indonesia. By employing the machine learning approach, We find that monetary stimulus positively boosts the stock return of Indonesia. Contrary, fiscal stimulus adversely affected stock return in Australia. The exchange rate positively impacts stock return for both India and Indonesia during the COVID-19 pandemic. However, the findings from this study reveal that both monetary and fiscal stimulus have no effect on the stock market return in the case of China and India. Policymakers needs better strategy to counter the extreme events like pandemic. Our model is robust to the alternative model specification.
    Keywords: Monetary Policy, Fiscal Policy, Stock Return, Machine Learning, COVID-19
    JEL: G11 G15 G18
    Date: 2023–09
  4. By: Inphonephong, Souphalack (International Water Management Institute); Kotchofa, Pacem (International Water Management Institute); Phounvisouk, L.
    Keywords: Decision making; Policies; Research networks; Institutions; Stakeholders; Case studies
    Date: 2023
  5. By: Natt Hongdilokkul; Archawa Paweenawat; Krislert Samphantharak; Suparit Suwanik
    Abstract: This paper investigates the impacts and implications of a supply-side intervention of black market transactions using a natural experiment from lottery markets in Thailand. Between June 2003 and November 2006, the Thai government imposed a crackdown on the black-market lottery while introducing a new lottery with similar characteristics as a substitute. Using panel data of Thai households, we find that the intervention was effective in eliminating the black-market lottery. Household spending on the black-market lottery dropped sharply after June 2003 and increased again after November 2006. The substitution from the black-market lottery to the government lottery in 2003 was small, while the reverse substitution in 2006 was large. We also find that gambling was habitual and the intervention that breaks the habit had a long-term impact on gambling behavior, i.e., a persistent decrease in expenditures on both illegal and legal lotteries.
    Keywords: Household finance; Gambling; Black market; Addiction
    JEL: D14 G51 O17
    Date: 2024–03
  6. By: Xuebei HU (Chongqing Three Gorges University, China)
    Abstract: During the Southern Dynasty of China, the belief that human physiology and temperament derived from innate nature and external influences persisted, leading to a close relationship between personal constitution and literary style. This study investigates the connection between Chinese traditional medicine and literature in the Southern Dynasty. The weakened health of the aristocratic families in the Jiangdong region became a backdrop to showcase their political talents and moral integrity, establishing that a weak physical constitution symbolized high literary excellence, as evidenced by the famous, flamboyant literary style of the time. In this context, physical health was intimately linked to literary creation and style, forming a dynamic cycle through mutual resonance. This research provides a new interdisciplinary perspective for studying classical Chinese literature and is significant for East Asian cultural studies.
    Keywords: East Asian cultural studies, classical Chinese literature, the Southern Dynasty, personal constitution, literary style
    Date: 2023–06
  7. By: Nguyen Thi Hai Binh
    Abstract: The constant advancement of technology and the rise of social commerce have led to an increase in the inclination among consumers to make impulsive purchases while using social networking sites. It is crucial that researchers and social commerce merchants fully comprehend how the present social commerce environment might be used to manipulate consumers' impulsive buying behavior. So, utilizing the theory of planned behavior and the technology acceptance model, this study intends to analyze the impulsive purchasing behavior of Consumers using social commerce platforms in Vietnam. In response to this, convenience sampling combined with non-probability sampling has been adopted. In order to investigate and clarify the factors influencing user intention, data from 250 consumers were gathered via a questionnaire. These factors included perceptions of ease of use (EU), benefits of social commerce (BE), attitude toward purchasing behavior (AB), subjective norms (SB), control of purchasing behavior (BC), and behavioral intention (IB). The established questionnaire underwent formal validity and content validity checks by the expert panel to assure the validity and dependability of the survey tool. The results point to a variety of favorable influences on parameters that influence impulsive purchasing.
    Keywords: social commerce, impulse behavior, consumers
    Date: 2024
  8. By: Pascal Raux (AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO - Université de Brest - IUEM - Institut Universitaire Européen de la Mer - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - UBO - Université de Brest - CNRS - Centre National de la Recherche Scientifique - CNRS - Centre National de la Recherche Scientifique)
    Abstract: This training course devoted to African students and stakeholders attending the AfriMAQUA conference is part of the MARINE AQUACULTURE TRAINING WORKSHOP held in Mombasa, Kenya, 27th – 28th October 2023, in the continuation of the AfriMAQUA Conference and is part of the International Joint Laboratory action LIMAQUA. The training workshop proposed 5 courses: - Seaweeds in integrated aquaculture - Sustainable strategies for improving health of intensive aquaculture systems - Aquaculture nutrition - Remote sensing for aquaculture and - Economics of aquaculture farms The purpose of the Economics of aquaculture farms was to propose an introduction to the economics of a farm through a self-directed exercise, especially for non economists. Objective was to acquire i) a first understanding of economic and technical performance measurement of aquaculture farms, ii) an introduction to the Costs/Benefits Analysis of production systems and iii) how collecting relevant information for economic analysis. The course was structured according to the following sections: - Introduction to Aquaculture History and its dynamics - Farms and Production systems - Farms Economics - An application to the case of shrimp farming development in the Indonesian province of Lampung, Sumatra
    Keywords: aquaculture, economics, Economic Development, Farms and agricultural practices, Farm Profitability, Farm Accounting, shrimp culture, sustainability
    Date: 2023–10–28
  9. By: Sultan, Samina; Kunath, Gero; Förster, Henrik; Matthes, Jürgen
    Abstract: Am 14. Februar wählt Indonesien einen neuen Präsidenten. Nach zehn erfolgreichen Jahren im Amt darf Joko Widodo nicht erneut antreten. Er hat eine Reformära in dem Land eingeläutet. Auch deshalb ist Indonesien seit zwei Dekaden mit jahresdurchschnittlich rund 5 Prozent gewachsen und hat selbst die Krisen der vergangenen Jahre erstaunlich gut gemeistert. Die Infrastruktur wie Straßen und das Eisenbahnnetz, aber auch der digitale Bereich wurde stark ausgebaut. Widodo hat wirtschaftliche Interessen nach vorn gestellt und viel Reformeifer gezeigt, was das Wachstum gestützt hat, auch wenn verschiedene Herausforderungen, etwa im Bildungsbereich oder bei der Korruption, bleiben. Indonesien ist mit einer Bevölkerung von gut 277 Millionen Menschen ein wichtiges Land im Indo-Pazifik. Diese Region spielt für die EU eine wichtige Rolle, wenn es darum geht, kritische Abhängigkeiten von China zu vermindern durch eine Diversifizierung der Handelsbeziehungen. Allerdings kann Indonesien China wegen seiner begrenzten wirtschaftlichen Bedeutung bei Weitem nicht ersetzen. Denn der Handel der EU mit Indonesien macht nur rund 4 Prozent des EU-Handels mit China aus. Trotzdem ist mehr wirtschaftlicher Austausch mit Indonesien ein wichtiger Baustein für das von der Europäischen Union (EU) angestrebte De-Risking von China, bei dem umso mehr auch andere Länder der Indo-Pazifik-Region einbezogen werden müssen sowie Lateinamerika und Afrika. Im gegenseitigen Handel der EU mit Indonesien bestehen große Potenziale. Denn die komparativen Vorteile zwischen Indonesien und der EU sind stark unterschiedlich: Im Fall von Indonesien liegen sie besonders bei Agrargütern und Rohstoffen, im Fall von der EU bei anspruchsvollen Industriegütern. Auch aus diesem Grund zeigen Schätzungen der Europäischen Kommission, dass durch ein Freihandelsabkommen zwischen der EU und Indonesien die EU-Ausfuhren nach Indonesien mittelfristig um bis zu 44 Prozent steigen könnten, während die EU-Einfuhren aus Indonesien um 18 Prozent zunehmen könnten. Ein Anstieg des Handels mit Indonesien in der Größenordnung von beispielsweise 25 Prozent, könnte damit ein Fünftel eines angenommenen Rückgangs im EU-Handel mit China von 5 Prozent kompensieren, der sich möglicherweise aus einem De-Risking gegenüber China ergeben mag...
    JEL: F02 O11 O53
    Date: 2024

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