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Asian Growth and Trade Poles: India, China, and East and Southeast Asia

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  • McDonald, Scott
  • Robinson, Sherman
  • Thierfelder, Karen

Abstract

Using a new global general equilibrium trade model, this paper analyses the impact on the global economy, especially developing countries, of the dramatic expansion of trade by India, China, and an integrated East and Southeast (E&SE) Asia trade bloc. While both India and China are very large economies, the two “Asian Drivers” differ in economic structures and trade patterns. China is an integral member of the E&SE Asia bloc, with strong links through value chains and trade in intermediate inputs, while India is not part of any trade bloc. The analysis considers the importance of their different degrees of integration into regional and global economies, focusing on potential complementarities and competition with other developing countries.

Suggested Citation

  • McDonald, Scott & Robinson, Sherman & Thierfelder, Karen, 2007. "Asian Growth and Trade Poles: India, China, and East and Southeast Asia," Conference papers 331589, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331589
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    1. is not listed on IDEAS
    2. Dirk WILLENBOCKEL & Sherman ROBINSON, "undated". "The Global Financial Crisis, LDC Exports and Welfare: Analysis with a World Trade Model," EcoMod2009 21500092, EcoMod.
    3. Deepak Kumar & Shubham Kumar & Keya Sengupta & Tapas K. Giri, 2022. "Examining the Role of Policy and Cultural Determinants on Sectoral Export Competitiveness: Evidences from India," Global Business Review, International Management Institute, vol. 23(3), pages 694-709, June.
    4. Çakır, Mustafa Yavuz & Kabundi, Alain, 2013. "Trade shocks from BRIC to South Africa: A global VAR analysis," Economic Modelling, Elsevier, vol. 32(C), pages 190-202.
    5. Nakhoda, Aadil, 2013. "The impact of the exports of BRIC countries plus Turkey on the exports of Pakistan," MPRA Paper 52477, University Library of Munich, Germany.
    6. Haita, Corina, 2011. "An Emissions Trading Scheme with Auctioning," Conference papers 332086, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    7. Pierluigi Montalbano & Silvia Nenci, 2011. "Are the Emerging Economies a Threat to the Italian Competitiveness?," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    8. Dixon, Peter B. & Honkatukia, Juha & Rimmer, Maureen T., 2011. "The marginal costs of funds in the VATTAGE model of Finland: a back of the envelope justification of the welfare effects of additional government revenue," Conference papers 332135, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Maria Gabriella Grassia & Marina Marino & Rocco Mazza & Michelangelo Misuraca & Emma Zavarrone & Martha Friel, 2024. "Regional Competitiveness: A Structural-Based Topic Analysis on Recent Literature," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 173(1), pages 83-108, May.
    10. Betina Dimaranan & Elena Ianchovichina & Will Martin, 2009. "How will growth in China and India affect the world economy?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(3), pages 551-571, October.
    11. Jing Wang & Dana Medianu & John Whalley, 2011. "The Contribution of China, India and Brazil to Narrowing North-South Differences in GDP/capita, World Trade Shares, and Market Capitalization," NBER Working Papers 17681, National Bureau of Economic Research, Inc.
    12. repec:pra:mprapa:15377 is not listed on IDEAS
    13. Miria Pigato, 2009. "Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa," World Bank Publications - Books, The World Bank Group, number 2626, April.
    14. Osman, Rehab Osman Mohamed, . "The EU Economic Partnership Agreements with Southern Africa: a computable general equilibrium analysis," Economics PhD Theses, Department of Economics, University of Sussex Business School, number 0412, December.
    15. Hadhri, Sinda, 2023. "News-based economic policy uncertainty and financial contagion: An international evidence," The Quarterly Review of Economics and Finance, Elsevier, vol. 90(C), pages 63-76.
    16. Pierluigi Montalbano & Silvia Nenci, 2014. "The Trade Competitiveness of Southern Emerging Economies: A Multidimensional Approach Through Cluster Analysis," The World Economy, Wiley Blackwell, vol. 37(6), pages 783-810, June.
    17. McDonald, Scott & Willenbockel, Dirk, 2008. "India, Brazil, South Africa and China: Is the South Big Enough?," Conference papers 331723, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    18. Soumali Bose & Bindya Kohli, 2018. "Study of FDI Trends and Patterns in BRICS Economies during the Period 1990–2015," Emerging Economy Studies, International Management Institute, vol. 4(1), pages 78-101, May.
    19. Junqian Xu & Yong Liu & Liling Yang, 2018. "A Comparative Study of the Role of China and India in Sustainable Textile Competition in the U.S. Market under Green Trade Barriers," Sustainability, MDPI, vol. 10(5), pages 1-21, April.
    20. Kakali Mukhopadhyay & Paul J. Thomassin & Debesh Chakraborty, 2012. "Economic Impact of Freer Trade in Latin America and the Caribbean: A GTAP Analysis," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 49(2), pages 147-183, November.
    21. Fedoseeva, Svetlana & Zeidan, Rodrigo, 2016. "A dead-end tunnel or the light at the end of it: The role of BRICs in European exports," Economic Modelling, Elsevier, vol. 59(C), pages 237-248.
    22. Karov, Vuko & Roberts, Donna & Grant, Jason H. & Peterson, Everett, 2009. "An Empirical Assessment of Phytosanitary Regulations on US Fresh Fruit and Vegetable Imports," Conference papers 331832, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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