Showing 1 - 10 of 1,522
This paper examines the implications of global production sharing for economic integration in East Asia, with emphasis on the behavior of trade flows in the wake of the 2008 global economic crisis. While trade in parts and components and final assembly within production networks ("network...
Persistent link: https://www.econbiz.de/10011283433
components increased from about 18.9% to 22.3% of total exports between 1992/93 and 2005/06. Most of this growth emanates from …
Persistent link: https://www.econbiz.de/10011283447
This paper develops a method for interpreting growth accounting studies in terms of the neoclassical growth model. In … particular it shows that the growth accounting contribution of capital reflects the distance of the economy from its steady state … (1993). Transitional dynamics explain only a small fraction of growth in Hong Kong, Taiwan and South Korea …
Persistent link: https://www.econbiz.de/10014047575
developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade …
Persistent link: https://www.econbiz.de/10003899253
demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global … financial and economic crisis has sharply curtailed gross domestic product (GDP) growth across the region. The emergence of the … an additional source of demand and growth. The central objective of this paper is to use vector autoregression (VAR …
Persistent link: https://www.econbiz.de/10003899275
proliferation of FTAs in east Asia benefits the regional trade and economic growth, questions have been raised about "Asian noodle …
Persistent link: https://www.econbiz.de/10009130489
This paper formalizes international status seeking in a two-country model of endogenous growth: utility of agents in … revert growth differentials in favor of the developing country when traded goods are substitutes. Notably, asymmetric pref …- erences with endogenous status desire generate (i) convergence in growth rates in the presence of structural gaps, and (ii …
Persistent link: https://www.econbiz.de/10003761250
This study is the first attempt to investigate the patterns of imports and exports between the Russian Federation and East Asian economies, namely, the People's Republic of China; Hong Kong, China; Macau, China; Japan; the Republic of Korea; and Mongolia. To this end, a panel-gravity trade model with...
Persistent link: https://www.econbiz.de/10012131989
Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal … a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have …
Persistent link: https://www.econbiz.de/10010279576
This paper examines the impact of intra-Asia exchange rate volatility on intra-Asia trade in primary goods, intermediate goods, equipment goods, and consumption goods from 1980 to 2009. For Asia, the evidence shows that as intraregional exchange rate volatility increases, intraregional exports...
Persistent link: https://www.econbiz.de/10011283426