2014
DOI: 10.2139/ssrn.2483624
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From Global Factory to Global Mall: East Asia's Changing Trade Composition

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 3 publications
(2 citation statements)
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References 30 publications
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“…Moreover, the widespread 1997/98 Asian financial crises across other Asian countries give a clear indication of how contagious policy inconsistency in one of these countries could be, which is motivating enough for our study to focus on Asian countries. Focusing on Asia as an emerging economy brings about interesting dynamics to the study of EPU linkages among countries because of the central role the Asian economy plays in global production networks [25][26][27][28] and the evidence of most of the Asian emerging economies catching up financially with the matured economies [29,30]. Although any of the Asian countries could have been selected for this study but due to limitation of data on EPU of most of the developing countries, only these four Asian countries have complete data over the whole sample period.…”
Section: Introductionmentioning
confidence: 99%
“…Moreover, the widespread 1997/98 Asian financial crises across other Asian countries give a clear indication of how contagious policy inconsistency in one of these countries could be, which is motivating enough for our study to focus on Asian countries. Focusing on Asia as an emerging economy brings about interesting dynamics to the study of EPU linkages among countries because of the central role the Asian economy plays in global production networks [25][26][27][28] and the evidence of most of the Asian emerging economies catching up financially with the matured economies [29,30]. Although any of the Asian countries could have been selected for this study but due to limitation of data on EPU of most of the developing countries, only these four Asian countries have complete data over the whole sample period.…”
Section: Introductionmentioning
confidence: 99%
“…Over the past decades, countries in East Asia have been successful in joining global and regional production networks, which has led to a so-called "triangular trade" pattern (Baldwin and Lopez-Gonzalez 2015): China as an export base to assemble components and parts imported from Asian NIEs and Japan into final goods for external markets in the US and EU. Moreover, an increasing share of trade in consumption goods has become reoriented over the past 5 years (2009-2014): more final goods are now being exported to countries within East Asia (Helble 2014). The rise of Asia, particularly China, has turned into not only a low cost global supply base for advanced economies, but, more importantly, has created new demand for goods and services previously destined for consumption only in advanced economies (Kaplinsky et al 2011).…”
Section: Methodsmentioning
confidence: 99%