Economic Regionalisation and Intra-Industry Trade: Pacific-Asian Perspectives

The present paper examines the trade development of Pacific-Asian economies during the past decade from the perspective of regional integration. Its main focus is on the development of intra-regional and intra-industry trade. It provides some statistical evidence for the often-heard argument that th...

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Bibliographische Detailangaben
1. Verfasser: Fukasaku, Kiichiro (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 1992
Schriftenreihe:OECD Development Centre Working Papers
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Zusammenfassung:The present paper examines the trade development of Pacific-Asian economies during the past decade from the perspective of regional integration. Its main focus is on the development of intra-regional and intra-industry trade. It provides some statistical evidence for the often-heard argument that the remarkable development of Pacific-Asian trade in the 1980s should be seen as a case for the "flying-geese" pattern of trade development, which is basically of inter-industry type. It argues, however, that developments since the mid-1980s have provided a new dimension to the regional division of labour - increasing the opportunities for intra-industry trade (IIT) among the Pacific-Asian economies. The empirical analysis based on the Grubel-Lloyd index of IIT in manufactures suggests that large increases in the level of IIT in the developing economies of the region is a consequence of "globalisation" of corporate activities in the United States and, more recently, in Japan and the ...
Beschreibung:1 Online-Ressource (58 Seiten) 21 x 29.7cm
DOI:10.1787/035300332827

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