This paper intensively employs annual international trade statistics obtained from the UN Comtrade and examines to what degree East Asian countries have participated in global production networks in comparison with countries in other regions and whether East Asia’s intra-regional trade in...

This paper investigates the developing pattern of machinery trade and the extent and depth of production networks in North America from the perspective of their links with East Asia in the last two decades. Our descriptive analysis based on the total value of trade and the extensive margin...

This paper examines the true meaning of the key word of ASEAN economic integration “single market and production base.” Heading for “single market” is a right direction to go, but “single market” cannot literally be achieved with two-dimensional development gaps: geographical and...

In this paper we empirically investigate the effects on inward FDI of various components of political and financial risk. We also examine the relationship between inward FDI and not only the level of these risks but also their changes over time. Two kinds of findings are noteworthy. One is that...

This paper analyzes the impact of two massive shocks, the 2008-2009 Global Financial Crisis and the 2011 East Japan Earthquake, on Japanese exports, focusing on the characteristics of domestic/international production networks in machinery industries. Using monthly data of Japanese bilateral...

This study has been motivated by the recent shift of energy demand’s gravity to Asia due to decades of robust and stable economic growth in the region. Said economic growth has correspondingly led to increases in per capita income in emerging economies in ASEAN and East Asia. Past empirical...

This paper studies the impact of the Global Financial Crisis of 2008 on Japanese exports, focusing on international production networks in machinery sectors. For our survival analysis, we estimate a Cox proportional hazards model. Consequently, we find that Japanese exports to Asian countries,...

This paper attempts to investigate the features of development and restructuring patterns of regional production/distribution networks, mainly in machinery sectors, using finely disaggregated international trade data. More specifically, the paper first studies the developing patterns of...

The aim of this paper is to extensively review empirical studies that analyze the globalization phenomena by using micro data. First, we set up a flow chart describing how the policy measures on globalization lead to national productivity enhancement. Second, we summarize the hypotheses and the...