Industrial deepening in East Asia
Data(s) |
26/02/2015
26/02/2015
01/02/2015
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Resumo |
Structural transformations are an indispensable element of sustained economic growth. Within the context of East Asia, this study focuses on industrial deepening, which refers to the formation of local linkages and the creation of a robust local supplier base. To investigate the progress of industrial deepening, this study introduces two kinds of domestic procurement measures in addition to the previously developed local content measures. Specifically, two kinds of vertical specialization measures are used to demonstrate the degree to which respective East Asian economies are specialized within their vertical production networks. The results clearly show that the advancement of production networks is likely to reduce domestic procurement ratios, even if local supplier bases are strengthened in the respective countries. Moreover, the trend of domestic procurement ratios differs depending on the characteristics of particular industries and the industrial policies adopted by individual countries. |
Identificador |
IDE Discussion Paper. No. 489. 2015.2 http://hdl.handle.net/2344/1406 IDE Discussion Paper 489 |
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 | #East Asia #Industry #Industrial policy #Input-output tables #Industrial deepening #Production networks #Input-output analysis #509 #AE East Asia 東アジア #C67 - Input/Output Models #O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology |
Tipo |
Working Paper Technical Report |