Are Production Networks Passé in East Asia? Not Yet

Ayako Obashi, Fukunari Kimura

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)

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

ASJC Scopus subject areas

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

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