East Asia's Economic Development cum Trade "Divergence"


Autoria(s): Ishido, Hikari
Data(s)

10/01/2007

10/01/2007

01/10/2004

Resumo

This paper addresses some salient features of how some of "successful" East Asian economies have been faring in terms of enhancing their export competitiveness. That export becomes more divergent in terms of its unit price as more technology-enhancing economic activity is undertaken within an economy, is the primary message that this study conveys. This is indeed what Schumpeter had addressed in conjunction with his "creative destruction" thesis. From this perspective, East Asia's export-led industrialization has been attained through a particular policy focus upon high "trade divergence" sectors underpinned by a generally high level of manufacturing flexibility. The experience of Malaysia's development serves as the strong case in point. As an East Asia-wide FTA is expected to facilitate "divergent" export-led industrialization through enhanced knowledge interaction, this dynamic or "divergent" impact that knowledge creation could exert should come to the fore of relevant policy arguments, together with static consideration of trade creation and diversion. A formal statistical test of the "divergence hypothesis" above is called for with a view to building upon this preliminary study.

Formato

182355 bytes

application/pdf

Identificador

IDE Discussion Paper. No. 11. 2004.10

http://hdl.handle.net/2344/329

IDE Discussion Paper

11

Idioma(s)

en

eng

Publicador

Institute of Developing Economies, JETRO

日本貿易振興機構アジア経済研究所

Palavras-Chave #International trade #Trade policy #International competition #Exports #Asia #East Asia #貿易 #貿易政策 #国際競争力 #輸出 #アジア #東アジア #678 #AA Asia アジア #AE East Asia 東アジア #F10 - General #F13 - Trade Policy; International Trade Organizations #O10 - General #382
Tipo

Working Paper

Technical Report