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Although East Asia experiences splendid economic growth with the development of international production networks, remaining development gaps across countries and regions are still large. This paper compares regions within China and countries in ASEAN in terms of the degree of participation in...
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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...
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Abstract This study examines the welfare implications of allowing border carbon adjustments (BCAs) in a globalized economy characterized by international trade and cross-border pollution (CBP). The model predicts that adopting BCAs is a weakly dominant strategy and global welfare is maximized...
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