stability of international production networks: is east asia special?

Stability of International Production Networks: Is East Asia Special?

Trade relationships built through production chains appear to be lasting due to relation-specific nature of the transactions, compared with the usual transactions of goods sold on the open market. This paper aims to verify such stability of international production networks at the global level, with special emphasis on intra-East Asian trade. A series of survival analyses provide an evidence su...

Formation of Inter-Country Production Networks in East Asia: Application of International Input-Output Analysis

This paper analyzes trade in East Asia and inter-industry linkages over the borders, i.e. spatial linkages, with use of the Asian international input-output tables. As a result of analysis, it was shown that intra-regional trade within the eight East Asian countries, the U.S and Japan has been driven by the intermediate goods trade. At the same time, intermediate goods, especially those of the ...

International Migration in South-East Asia :

East Asian Production Networks – The Role and Contribution of SMEs

The Asia-Pacific region generates over half of global economic activity (54.2%) and about 43.7% of global trade, and is the most dynamic region in the global economy. At the core of this is an increasingly dynamic, vibrant and entrepreneurial small-medium sized enterprise sector. Advances in information and communications technology, market liberalisation and moves towards closer regional econo...

Economic Considerations for International Electricity Interconnection in North East Asia

The interconnection can supply response energy and reserve energy to stabilise the North Korean grid in the presence of large generation units. International data suggests that provision of primary response costs about $15 per MW per hour. 700 MW would be required by North Korea and could be provided by either South Korea or Russia at little cost even when the transmission line is used at full ...

Saving, investment and international capital mobility in East Asia

This paper estimates the degree of international capital mobility in East Asia using the saving– investment correlation originated in Feldstein and Horioka [Feldstein, M., Horioka, C., 1980. Domestic saving and international capital flows. Economic Journal 90, 314–329]. We apply the empirical method used in Kim [Kim, S.H., 2001. The saving–investment correlation puzzle is still a puzzle. Journa...