Global Production Networks in Electronics and Intra-Asian Trade
AbstractThe growth of East Asiaâ€™s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a pattern of specialization in which upper- and middle-income countries produce sophisticated components and lower-income countries assemble lowervalue- added final goods. There is evidence of increasing sophistication within the electronics sector by the Newly Industrialized Economies and to a lesser extent by ASEAN countries. Despite the marked increase in intra-regional trade, developing East Asian countries remain heavily dependent on developed-country markets. When Western export demand rapidly contracted during the 2008-2009 economic crisis, these specialization patterns led the rapid diffusion of the business cycle shock throughout the East Asian region.
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Bibliographic InfoPaper provided by LICOS - Centre for Institutions and Economic Performance, KU Leuven in its series LICOS Discussion Papers with number 25710.
Date of creation: 2010
Date of revision:
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More information through EDIRC
Global production networks; electronics; Asian trade; business cycle transmission; global economic crisis;
Other versions of this item:
- Byron Gangnes & Ari Van Assche, 2010. "Global Production Networks in Electronics and Intra-Asian Trade," Working Papers 201004, University of Hawaii at Manoa, Department of Economics.
- Byron Ganges & Ari Van Assche, 2010. "Global Production Networks in Electronics and Intra-Asian Trade," Working Papers 2010-04, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
- L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-04-17 (All new papers)
- NEP-INT-2010-04-17 (International Trade)
- NEP-SEA-2010-04-17 (South East Asia)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ari Van Assche & Byron Gangnes, 2010.
"Electronics production upgrading: is China exceptional?,"
Applied Economics Letters,
Taylor & Francis Journals, vol. 17(5), pages 477-482.
- Ari Van Assche & Byron Gangnes, 2007. "Electronics Production Upgrading: Is China Exceptional?," CIRANO Working Papers 2007s-16, CIRANO.
- Ari Van Assche & Byron Gangnes, 2007. "Electronics Production Upgrading: Is China Exceptional?," Working Papers 200722, University of Hawaii at Manoa, Department of Economics.
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