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Author: Daisuke Hiratsuka
Publisher: Edward Elgar Publishing
ISBN: 1849806780
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
Spatial fragmentation of production is linked with two great waves of unbundling. The first one was a century and a half ago when the spatial location of production of goods was separated from their consumption. We live in the age of a second unbundling where certain operations within the same factory can be fragmented and performed elsewhere. There is trade in certain tasks and components which was made possible by cheaper and better communication and transport. This book considers production networks in East Asia, which is and will continue to be the most dynamic economic region in the decades to come. Miroslav N. Jovanovi , University of Geneva, Switzerland Intermediate input trade is regarded as an important contributory factor in explaining the increase in world trade in recent years. This timely book presents, for the first time, meticulous empirical analyses of the growth of input trade, and includes detailed studies that capture the main features and characteristics of production networks in East Asia. Intermediate input trade has grown markedly in East Asia, and at a much faster rate than in the rest of the world. Since the early 1990s, when technological developments made it possible to separate the production process into many stages, East Asia as a region has developed sophisticated production networks in the manufacture of various products. Different countries have installed production stages according to their levels of technology or factor endowments, and consequently sequential production stages are now located across various countries. In order to produce final goods, East Asian nations have therefore relied on the trade of inputs back and forth. Containing unique and important data, this book will appeal to academics, researchers and policymakers interested in trade, economic integration and Asian studies.
Author: Daisuke Hiratsuka
Publisher: Edward Elgar Publishing
ISBN: 1849806780
Category : Business & Economics
Languages : en
Pages : 225
Get Book
Book Description
Spatial fragmentation of production is linked with two great waves of unbundling. The first one was a century and a half ago when the spatial location of production of goods was separated from their consumption. We live in the age of a second unbundling where certain operations within the same factory can be fragmented and performed elsewhere. There is trade in certain tasks and components which was made possible by cheaper and better communication and transport. This book considers production networks in East Asia, which is and will continue to be the most dynamic economic region in the decades to come. Miroslav N. Jovanovi , University of Geneva, Switzerland Intermediate input trade is regarded as an important contributory factor in explaining the increase in world trade in recent years. This timely book presents, for the first time, meticulous empirical analyses of the growth of input trade, and includes detailed studies that capture the main features and characteristics of production networks in East Asia. Intermediate input trade has grown markedly in East Asia, and at a much faster rate than in the rest of the world. Since the early 1990s, when technological developments made it possible to separate the production process into many stages, East Asia as a region has developed sophisticated production networks in the manufacture of various products. Different countries have installed production stages according to their levels of technology or factor endowments, and consequently sequential production stages are now located across various countries. In order to produce final goods, East Asian nations have therefore relied on the trade of inputs back and forth. Containing unique and important data, this book will appeal to academics, researchers and policymakers interested in trade, economic integration and Asian studies.
Author: Mona Haddad
Publisher: World Bank Publications
ISBN:
Category : Capital
Languages : en
Pages : 36
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Book Description
Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more favorable policy setting for international production, agglomeration benefits arising from the early entry into this new form of specialization, considerable intercountry wage differentials in the region, lower trade and transport costs, and specialization in products exhibiting increasing returns to scale. The economic integration of China has deepened production fragmentation in East Asia, countering fears of crowding out other countries for international specialization. International production fragmentation in East Asia has intensified intraregional trade but has depended heavily on extraregional trade in final goods. While production networks centered on China have contributed significantly to growth in East Asia, they also breed vulnerabilities. They have not automatically led to technology spillovers and have led to an extreme interdependence across East Asian countries.
Author: Benno Ferrarini
Publisher: Edward Elgar Publishing
ISBN: 178347209X
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
This timely book deploys new tools and measures to understand how global production networks change the nature of global economic interdependence, and how that in turn changes our understanding of which policies are appropriate in this new environment.
Author: Leonard K. Cheng
Publisher: Springer Science & Business Media
ISBN: 1461516250
Category : Business & Economics
Languages : en
Pages : 345
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Book Description
Global Production and Trade in East Asia focuses on the profound change that the traditional paradigm of production and international trade has undergone in the last two decades or so as a result of worldwide trade and investment liberalization. This ongoing transformation has been both aided and stimulated by advances in telecommunications, transportation, and information management. The liberalization of trade and investment on the one hand and advances in communications technology on the other have further promoted global production networks in which vertical stages of final goods are fragmented across countries. International fragmentation of production, which enables international division of labor not only in final products but also in vertically related components, is more evident than ever before. The book documents the process of international production fragmentation and trade in East Asian economies, studies the mechanics of the process, explores the theory behind the phenomenon, and identifies important policy implications. It focuses on production fragmentation and trade in East Asia because this is the part of the world where the phenomenon is most visible. With contribution by well-known international economics scholars from North America, Europe, and the Asia-Pacific, the book distinguishes itself with high global quality and rich regional content. It achieves a fine balance between theory, policy, and empirical work. This book will interest scholars of international trade, foreign investment and international business, regional specialists in East Asian economies, policymakers and advisors in international economic relations, and anyone else who follows important economic issues of globalization.
Author: Lili Yan Ing
Publisher: Routledge
ISBN: 1315406764
Category : Business & Economics
Languages : en
Pages : 371
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Book Description
This book answers the recently topical questions of how China’s processed trade affects the trade of Southeast Asia. What is Southeast Asia’s role in Factory Asia, the region’s complex of cross-border supply chains? What is Southeast Asia’s involvement in building or joining production networks in the region? And, most important, how can Southeast Asia increase the value added of its products and improve its competitiveness? This book provides rigorous analysis of how trade policy affects value added, highly disaggregated at the firm and product level, of the six Southeast Asian countries – Indonesia, Malaysia, the Philippines, Singapore and Viet Nam – and combines this with thorough examinations of their trade, industrial and labour policies.
Author: Ganeshan Wignaraja
Publisher: Springer
ISBN: 443155498X
Category : Business & Economics
Languages : en
Pages : 326
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Book Description
The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region’s global success. It provides the reader with an accessible understanding of the theoretical literature on production networks and recent developments in empirical analysis at the industry and firm-levels. The topics covered in the book include: gross trade in parts and components and gravity models, trade in value added, industry case studies, and micro data econometric studies of firm heterogeneity in production networks. The micro data econometric studies explore key aspects of the heterogeneity of firms in East Asian production networks such as technological capability, the entry of small and medium enterprises into production networks, business use of free trade agreements, and access to credit. Blending new sources of data, empirical tools and econometric methods this book is highly recommended for readers who seek to understand the workings of the complex web of production networks in East Asia.
Author: Mona Haddad
Publisher:
ISBN:
Category :
Languages : en
Pages : 36
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Book Description
Production networks have been at the heart of the recent growth in trade among East Asian countries. Fragmentation trade, reflected mainly in the trade in parts and components, is expanding more rapidly than the conventional trade in final goods. This is mainly due to the relatively more favorable policy setting for international production, agglomeration benefits arising from the early entry into this new form of specialization, considerable intercountry wage differentials in the region, lower trade and transport costs, and specialization in products exhibiting increasing returns to scale. The economic integration of China has deepened production fragmentation in East Asia, countering fears of crowding out other countries for international specialization. International production fragmentation in East Asia has intensified intraregional trade but has depended heavily on extraregional trade in final goods. While production networks centered on China have contributed significantly to growth in East Asia, they also breed vulnerabilities. They have not automatically led to technology spillovers and have led to an extreme interdependence across East Asian countries.
Author: Charles Harvie
Publisher: Routledge
ISBN: 1317487672
Category : Business & Economics
Languages : en
Pages : 189
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Book Description
International production networks in manufacturing, particularly in machinery industries, have rapidly developed over the last two decades, resulting in dramatic increases in intra-regional and intra-industry trade, providing a key source of regional growth, integration and development in East Asia. This book provides a better understanding on how to effectively further increase SME participation in East Asian production networks, and in doing so identifies key challenges and issues that they need to address. This book aims to not only fill the theory-practice gap, but also to lay solid foundations for designing national arrangements and a regional institutional frameworks to further encourage and support SME engagement and participation in regional and global production networks. The book contains several country case studies and by drawing upon individual country experiences, at various stages of economic development, this book demonstrates the varying difficulty faced by SMEs in ASEAN member countries attempting to participate in regional production networks and highlighting differences in needs and policy priorities. This book offers both a more focused theme on the assessment of globalization and a rather unique approach by focusing upon the particular importance of SMEs, and by utilizing micro-level data at the firm or plant level. Its policy insights and the richness and uniqueness of the empirical findings will make the book an invaluable contribution to understanding East Asian production networks.
Author: Zhi Wang
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: D. Hiratsuka
Publisher: Springer
ISBN: 0230227309
Category : Business & Economics
Languages : en
Pages : 353
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Book Description
This book claims that de jure economic integration is in progress in East Asia, after the advancement of de facto integration. The book contains new international trade theory, spatial economics, data-work empirical studies, and field studies on various scenarios of de jure economic integration.
