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Downstream Suppliers’ Business Cycle Co-movement in Asian Value Chains

Author

Listed:
  • Siow Hui Sian
  • Shivee Ranjanee Kaliappan
  • Saifuzzaman Ibrahim
  • N.A.M Naseem

Abstract

This study assessed the bilateral business cycle co-movement between the individual downstream suppliers (Association of Southeast Asian Nations) and upstream supplier (China and Japan) in Asian value chain. The empirical findings suggest that trade intensity negatively impacted the regional business cycle co-movement, while trade linkage has positive impacts. Moreover, the impact of value chain trade on business cycle co-movement is more apparent in the short run than in the long run. JEL Classification: F15, F16

Suggested Citation

  • Siow Hui Sian & Shivee Ranjanee Kaliappan & Saifuzzaman Ibrahim & N.A.M Naseem, 2022. "Downstream Suppliers’ Business Cycle Co-movement in Asian Value Chains," Journal of Asian Economic Integration, , vol. 4(2), pages 121-143, September.
    • Handle: RePEc:sae:jfasei:v:4:y:2022:i:2:p:121-143
    DOI: 10.1177/26316846221107417
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    References listed on IDEAS

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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions

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