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The Flying Geese Paradigm: A critical study of its application to East Asian regional development

  • Kasahara, Shigehisa

It is often claimed that what is popularly known as the "flying geese paradigm" of dynamic comparative advantage has accurately depicted the East Asian catching-up process. This paper presents a critical study of the paradigm, as well as its application to the current situation in East Asia economic hierarchy. The paper first presents the various versions of the paradigm, and discusses similarities and differences among them. It then evaluates the application of the paradigm to the East Asian regional development context by identifying major theoretical, conceptual and empirical problems that come with it. It is the author's hope that the arguments presented in this paper will contribute to the further enrichment of future discussions on the East Asian development experience.

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File URL: http://mpra.ub.uni-muenchen.de/21881/1/MPRA_paper_21881.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 21881.

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Date of creation: Apr 2004
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Handle: RePEc:pra:mprapa:21881
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  1. Jeffrey Frankel & Miles Kahler, 1993. "Regionalism and Rivalry: Japan and the United States in Pacific Asia," NBER Books, National Bureau of Economic Research, Inc, number fran93-1, May.
  2. Kojima, Kiyoshi, 1973. "A Macroeconomic Approach to Foreign Direct Investment," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 14(1), pages 1-21, June.
  3. Ozawa, Terutomo, 2001. "The "hidden" side of the "flying-geese" catch-up model: Japan's dirigiste institutional setup and a deepening financial morass," Journal of Asian Economics, Elsevier, vol. 12(4), pages 471-491.
  4. Kojima, Kiyoshi, 2000. "The "flying geese" model of Asian economic development: origin, theoretical extensions, and regional policy implications," Journal of Asian Economics, Elsevier, vol. 11(4), pages 375-401.
  5. Hal Hill & Prema-chandra Athukorala, 1998. "Foreign Investment in East Asia: A Survey," Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol. 12(2), pages 23-50, November.
  6. Kojima, Kiyoshi, 1978. "Giant Multinational Corporations : Merits and Defects," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 18(2), pages 1-17, February.
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