The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in...

The emergence of production networks has changed the structure of international trade, which a large share of intra-regional trade flows and the rising value of intermediate goods trade or network trade between countries within the same region reflect. While a production network exists in both...