Are Production Networks Passé in East Asia? Not Yet

Ayako Obashi, Fukunari Kimura

Research output: Contribution to journalArticle

Abstract

Many people have a vague notion that the room for expanding international production networks is almost exhausted and that therefore international trade has slowed down since the recovery from the great trade collapse. This paper presents evidence against such a belief in the East Asian context by classifying finely disaggregated trade data based on the stages of the production process. The trade slowdown was attributed mainly to sluggishness of trade in primary goods and processed raw materials. In contrast, East Asian trade in manufactured parts and components and the assembled end-products within production networks continued to expand steadily.

Original languageEnglish
Pages (from-to)87-107
Number of pages21
JournalAsian Economic Papers
Volume17
Issue number3
DOIs
Publication statusPublished - 2018 Oct 1

Fingerprint

production process
raw materials
world trade
evidence
Production networks
East Asia
Asia
Production process
International trade
Raw materials

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics
  • Political Science and International Relations

Cite this

Are Production Networks Passé in East Asia? Not Yet. / Obashi, Ayako; Kimura, Fukunari.

In: Asian Economic Papers, Vol. 17, No. 3, 01.10.2018, p. 87-107.

Research output: Contribution to journalArticle

@article{526f8c712a784675899b37d900c6024b,
title = "Are Production Networks Pass{\'e} in East Asia? Not Yet",
abstract = "Many people have a vague notion that the room for expanding international production networks is almost exhausted and that therefore international trade has slowed down since the recovery from the great trade collapse. This paper presents evidence against such a belief in the East Asian context by classifying finely disaggregated trade data based on the stages of the production process. The trade slowdown was attributed mainly to sluggishness of trade in primary goods and processed raw materials. In contrast, East Asian trade in manufactured parts and components and the assembled end-products within production networks continued to expand steadily.",
author = "Ayako Obashi and Fukunari Kimura",
year = "2018",
month = "10",
day = "1",
doi = "10.1162/asep_a_00636",
language = "English",
volume = "17",
pages = "87--107",
journal = "Asian Economic Papers",
issn = "1535-3516",
publisher = "MIT Press Journals",
number = "3",

}

TY - JOUR

T1 - Are Production Networks Passé in East Asia? Not Yet

AU - Obashi, Ayako

AU - Kimura, Fukunari

PY - 2018/10/1

Y1 - 2018/10/1

N2 - Many people have a vague notion that the room for expanding international production networks is almost exhausted and that therefore international trade has slowed down since the recovery from the great trade collapse. This paper presents evidence against such a belief in the East Asian context by classifying finely disaggregated trade data based on the stages of the production process. The trade slowdown was attributed mainly to sluggishness of trade in primary goods and processed raw materials. In contrast, East Asian trade in manufactured parts and components and the assembled end-products within production networks continued to expand steadily.

AB - Many people have a vague notion that the room for expanding international production networks is almost exhausted and that therefore international trade has slowed down since the recovery from the great trade collapse. This paper presents evidence against such a belief in the East Asian context by classifying finely disaggregated trade data based on the stages of the production process. The trade slowdown was attributed mainly to sluggishness of trade in primary goods and processed raw materials. In contrast, East Asian trade in manufactured parts and components and the assembled end-products within production networks continued to expand steadily.

UR - http://www.scopus.com/inward/record.url?scp=85055853207&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=85055853207&partnerID=8YFLogxK

U2 - 10.1162/asep_a_00636

DO - 10.1162/asep_a_00636

M3 - Article

AN - SCOPUS:85055853207

VL - 17

SP - 87

EP - 107

JO - Asian Economic Papers

JF - Asian Economic Papers

SN - 1535-3516

IS - 3

ER -