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Multinational Enterprises and Manufacturing for Export in Developing Asian Countries: Emerging Patterns and Opportunities for Latecomers

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  • Prema-chandra Athukorala

Abstract

This paper examines the role of multinational enterprises (MNEs) is the expansion of manufacturing exports from developing countries, in the light of the Asia experience. First a typology of MNE-export nexus is developed in the context changes in patterns of international production over the past two decades. The typology is then applied to empirical evidence from newly industrialized countries (NICs) and latecomer exporting countries in Asia. The evidence suggests that the share of MNEs in manufactured exports from all these countries has recorded a significant increase from about the mid 1970s and the entry of MNEs is virtually essential for the export success of latecomers.

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File URL: http://hi-stat.ier.hit-u.ac.jp/research/discussion/2006/pdf/D06-193.pdf
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Bibliographic Info

Paper provided by Institute of Economic Research, Hitotsubashi University in its series Hi-Stat Discussion Paper Series with number d06-193.

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Date of creation: Dec 2006
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Handle: RePEc:hst:hstdps:d06-193

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Keywords: multinational enterprises; manufacturing exports; Asia; newly industrialized countries;

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  1. Hans-Peter Lankes & A. J. Venables, 1996. "Foreign direct investment in economic transition: the changing pattern of investments," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(2), pages 331-347, October.
  2. Robert C. Feenstra, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall.
  3. Subramanian Rangan & Robert Z. Lawrence, 1993. "The Responses of U.S. Firms to Exchange Rate Fluctuations: Piercing the Corporate Veil," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(2), pages 341-379.
  4. Athukorala, Prema-chandra, 2003. "Food Safety Issues, Trade and WTO Rules: A Developing Country Perspective," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57831, Australian Agricultural and Resource Economics Society.
  5. Prema-chandra Athukorala, 2003. "Product Fragmentation and Trade Patterns in East Asia," Departmental Working Papers 2003-21, The Australian National University, Arndt-Corden Department of Economics.
  6. Suma Athreye & Sandeep Kapur, 2001. "Private Foreign Investment in India: Pain or Panacea?," The World Economy, Wiley Blackwell, vol. 24(3), pages 399-424, 03.
  7. Hill, Hal & Pang Eng Fong, 1991. "Technology exports from a small, very open NIC: The case of Singapore," World Development, Elsevier, vol. 19(5), pages 553-568, May.
  8. Dollar, David & Hallward-Driemeier, Mary, 2000. "Crisis, Adjustment, and Reform in Thailand's Industrial Firms," World Bank Research Observer, World Bank Group, vol. 15(1), pages 1-22, February.
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