[PDF] Production Sharing In East Asia eBook

Author : Leonard K. Cheng
Publisher : Springer Science & Business Media
Page : 345 pages
File Size : 42,99 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 1461516250

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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 : Francis Ng
Publisher : World Bank Publications
Page : 68 pages
File Size : 40,37 MB
Release : 1999
Category : Comparative advantage (International trade)
ISBN :

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Components have been a dynamic leading sector in East Asian imports and exports. East Asian global exports of parts and components totaled $178 billion in 1996; imports, $12 billion less. Components now account for a fifth of East Asian exports of manufactures.

Author : Francis Ng
Publisher :
Page : 60 pages
File Size : 27,18 MB
Release : 2016
Category :
ISBN :

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Components have been a dy ...

Author : Mona Haddad
Publisher : World Bank Publications
Page : 36 pages
File Size : 26,48 MB
Release : 2007
Category : Capital
ISBN :

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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 : Shahid Yusuf
Publisher : World Bank Publications
Page : 501 pages
File Size : 20,71 MB
Release : 2004-07-01
Category : Business & Economics
ISBN : 0821356186

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In the coming decades, East Asian economies must face the challenges of an increasingly globalized marketplace. This book explores the changing parameters of competition in East Asia, and argues that success ultimately will depend on the ability of the region's firms to harness the potential of global production networks and to build their own innovative capability. Presenting the latest findings on global production networks and the evolution of technological capabilities, it provides researchers, students, and policymakers with in-depth information and analysis on key issues related to growth and development in East Asia. East Asian firms must not only achieve greater efficiency but also become more innovative, offering differentiated products in order to vie with other first-tier suppliers of multinational corporations. These firms will also need to develop a technological edge if they are to compete with corporations from the leading OECD countries and form their own global production networks. 'Global Production Networking and Technological Change in East Asia' argues that a development strategy linked to technological advance will be necessary to foster the growth of innovative national firms that can remain competitive in global markets.

Author : Daisuke Hiratsuka
Publisher : Edward Elgar Publishing
Page : 225 pages
File Size : 33,42 MB
Release : 2010-01-01
Category : Business & Economics
ISBN : 1849806780

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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 : Alicia García-Herrero
Publisher :
Page : 0 pages
File Size : 12,96 MB
Release : 2009
Category :
ISBN :

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In this paper we empirically examine the extent and properties of production sharing in Latin and North America as well as that in East Asia. In 2006, exports of parts and components from Latin and North America constituted 29.7% of the region's exports of manufactured goods to the world. Both exports and imports of parts and components were declining shares of trade in manufactured goods or trade in all goods. A large amount of trade in parts and components in the region was with members of NAFTA, particularly the United States. Imports from East Asia and from China were increasingly important. There was a relatively thick production network of parts of motor vehicles in Latin and North America, followed by networks of parts of telecommunication equipment and electronic components. But the network was primarily within the United States, Mexico and Canada, with Brazil also playing a role. For East Asia, the motor vehicle parts network was not as significant, but the electronic components network was much wider and deeper.

Author : Benno Ferrarini
Publisher : Edward Elgar Publishing
Page : 393 pages
File Size : 35,90 MB
Release : 2014-10-31
Category : Business & Economics
ISBN : 178347209X

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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.