Does East Asian Integration Keep Up With the European Pattern? Empirical Evidence from Intra-Industry Trade in Europe and East Asia

2011 ◽  
Author(s):  
Yoo-Duk Kang
Keyword(s):  
East Asia ◽  
Empirical Evidence ◽  
East Asian ◽  
Industry Trade ◽  
Asian Integration

The economic impact of a rise in US trade protectionism on East Asia

2018 ◽  
Vol 22 (3) ◽  
pp. 265-279 ◽  
Author(s):  
Inkyo Cheong ◽  
Jose Tongzon
Keyword(s):  
East Asia ◽  
Economic Impact ◽  
Empirical Evidence ◽  
East Asian ◽  
Economic Loss ◽  
East Asian Country ◽  
Asian Countries ◽  
Content Type ◽  
The Usa ◽  
Asean Countries

Purpose The purpose of this paper is to evaluate the economic impact of a rising US trade protectionism on the economies of China, Japan, South Korea and the ASEAN countries and draw out some policy and strategic implications for the USA and East Asia. Design/methodology/approach The authors employ a computable general equilibrium approach supplemented with qualitative analyses based on empirical evidence. Findings An increase in US import tariffs would result in economic losses for the USA and the corresponding country or region to which the import tariff increase is applied. An increase in US import tariffs for Chinese goods alone would not have any spillover effects on other East Asian countries. But, an imposition of a border adjustment tax (BAT) for all countries and for all products would actually boost US economic growth. Advanced economies would enjoy GDP increases, but China, Korea and the ASEAN countries would face an economic loss in a longer term period, although they would enjoy some growth in the short term. However, when the BAT only applies to a specific East Asian country, USA would suffer an economic loss, with the exception of a BAT specifically targeted at the ASEAN countries. ASEAN countries would not experience any economic loss under all scenarios except in the case of import tariffs specifically targeted at ASEAN. Research limitations/implications From the US perspective, it is beneficial to adopt a BAT for all countries and across the board. Under this arrangement, there would be an economic loss for China, Korea and the ASEAN countries in the longer term. An increase in US trade protectionism would only push the East Asian countries towards deeper economic integration, with serious implications for global pattern of trade and investment. Originality/value The existing literature on the likely economic impact of US trade protectionism on East Asia is very scarce and based on surveys and subjective speculations. This study uses a quantitative method based on empirical evidence.

Vertical Intra-Industry Trade and Economic Integration in East Asia

2007 ◽  
Vol 6 (1) ◽  
pp. 26-39 ◽  
Author(s):  
Ryuhei Wakasugi
Keyword(s):  
East Asia ◽  
Economic Integration ◽  
East Asian ◽  
Gravity Equation ◽  
Asian Countries ◽  
Trade Expansion ◽  
Industry Trade ◽  
Fragmentation Of Production ◽  
The Growth Of Economy ◽  
The Eu

It is notable that the trade in East Asian countries has increased more than proportionately to the growth of economy. This paper tests the hypothesis that the recent trade expansion is induced by development of international fragmentation of production. This paper constructs an index of vertical intra-industry trade (VIIT) to measure the fragmentation of production, and finds that the share of VIIT has been rising in East Asia as well as in NAFTA and the EU using the gravity equation. It also establishes that a rising share of VIIT is an important factor in explaining the recent expansion of trade with East Asia. The results suggest that an agreement to remove and harmonize institutional impediments among East Asian countries is important for further expansion of trade within the region.

China, Economic Regionalism, and East Asian Integration

2011 ◽  
Vol 12 (2) ◽  
pp. 195-212 ◽  
Author(s):  
WANG YUZHU
Keyword(s):  
East Asia ◽  
Economic Performance ◽  
East Asian ◽  
Trade Agreement ◽  
Social Stability ◽  
Institutional Integration ◽  
Post Cold War ◽  
Asian Integration ◽  
Rising Power

AbstractAs a rising power, China has become actively involved in regional bilateral/multilateral arrangements in the post-Cold War, especially post-crisis (1997– 98 financial crises) era, and this has attracted much attention from within and outside East Asia. Diverse understandings of China's regional ambition have appeared, especially since the launch of the China-ASEAN free trade agreement (FTA). Aiming at deciphering the ideas behind China's regional thinking, this paper argues that China's perspective on regionalism is a broadened economic regionalism, which is basically economic-centered, because economic performance is vital both to its long-term strategic target and to its internal social stability. This economic regionalism will last for some time because China will be a developing country at least in the mid-term, which means China will have to focus more on its economic performance. In practice, China will engage bilaterally or multilaterally with others through its FTA strategy. Thus, China cannot be a main contributor to East Asian integration as expected, owing to the inward-looking nature of its economic regionalism. Also, the institutional integration of East Asia needs the effort of all the players in the region.

scholarly journals Зүүн Азийн хамтын ажиллагааны явц, Монгол Улсын бодлогын тухайд

2013 ◽  
pp. 24-32
Author(s):  
Дашцэвэл С
Keyword(s):  
East Asia ◽  
Regional Integration ◽  
Global Economy ◽  
East Asian ◽  
Economic Cooperation ◽  
Asean Countries ◽  
The Government ◽  
Political Security ◽  
Asian Integration ◽  
Basic Content

Зүүн Азийн хамтын ажиллагааны эхлэл, өнөөгийн явц. Зүүн Азийн хамтын ажиллагаанд оролцох Монгол Улсын хүсэл эрмэлзлэл. Түүнд тохиолдож буй бэрхшээл. Түүнийг гэтлэн давах тухай эрэгцүүлэл.   Some Thoughts on the Participation in the East Asian Economic Cooperation In the last years the regional integration process has been developed intensively in the East Asia with the influences of such factors as, the rapid growth of global economy and its competition, regional economic and political security in the globalization era. Mongolia is located in this region, and trying to participate in these regionalization processes. It is not possible for us to join East Asian structures, including ASEAN, ASEAN+3, ASEAN+6 and EAS yet, because our country is not a dialogue partner of ASEAN. Therefore, the dialogue partnership with ASEAN is the first vision for our country. In order to achieve it we will actively participate in the market of ASEAN countries and expand the economic cooperation. The step to expand the economic cooperation is the fast industrialization in our country. Our main strategy will be: 1/Formulate the government strategy for joining to ASEAN and East Asian integration and plan the program of action for implementing it from present days step by step. The basic content of this program should be the work to industrialize urgently and precisely (correctly) 2/ Study the possibility to participate in several informal dialogue canals (Canal II) of East Asian Cooperation with the purpose for observing the integration processes of East Asia and introduce our country policies and share the ideas; 3/Try to participate in some projects and cooperation implemented by ASEAN countries, initiatively using our advantages which have been jointed the Treaty of Amity and Cooperation.

scholarly journals Factors of geography and security in the integration construction: the case of East- Asian integration

2012 ◽  
pp. 104-111
Author(s):  
A. A. Baykov
Keyword(s):  
Cold War ◽  
East Asia ◽  
East Asian ◽  
Asia Pacific ◽  
Security Threats ◽  
Military Cooperation ◽  
Institutional Features ◽  
Asian Integration ◽  
The Cold War ◽  
The Impact

The paper analyzes the impact of geography and security threats on the dynamics and forms of integration cooperation in the area of East Asia. In particular, it is concluded that both the institutional features of the integration in Asia Pacific, and approaches in the field of cooperation between local states have been largely predetermined by the system of military cooperation and military-political agreements, which were formed during the "cold war".

scholarly journals Trade Integration and Business Cycle Synchronization in East Asia

2003 ◽  
Vol 2 (3) ◽  
pp. 1-20 ◽  
Author(s):  
Kwanho Shin ◽  
Yunjong Wang
Keyword(s):  
Business Cycles ◽  
Business Cycle ◽  
East Asia ◽  
East Asian ◽  
Trade Integration ◽  
Asian Countries ◽  
Business Cycle Synchronization ◽  
Industry Trade ◽  
Asian Economies ◽  
Trading Partners

As trade integration deepens in East Asia, closer links among the business cycles of East Asian countries can be expected. Theoretically, however, increased trade could lead to either closer or looser business cycles across trading partners. This paper seeks to understand how the business cycles of 12 Asian economies have been influenced by increased trade among them. It finds that the increasing trade itself is not necessarily associated with an increased synchronization of their business cycles. Intra-industry trade, rather than inter-industry trade or the volume of trade itself, is the major channel through which their business cycles become synchronized. This result has important implications for the prospects for a unified currency in the region.

Pluralism, Confucianism, and Democracy

2020 ◽  
Vol 8 (2) ◽  
pp. 280-294
Author(s):  
Zhuoyao Li
Keyword(s):  
East Asia ◽  
Empirical Evidence ◽  
East Asian ◽  
External View ◽  
Internal View ◽  
Comprehensive Doctrines

Abstract This paper aims to connect the issues of pluralism, Confucianism, and democracy in East Asia. Through engaging with empirical evidence, I will argue that although Confucianism still has a strong yet shallow moral and cultural hold on East Asian societies, it no longer has dominance over how citizens in East Asian societies envision their political future. Then, I will examine the idea of pluralism and argue that neither the Confucian classicists nor the liberal-minded Confucian political theorists take pluralism truly seriously, because both sides ultimately adopt the same internal view of pluralism that contains and addresses pluralism from within Confucianism. In contrast, an external view of pluralism is needed to treat Confucianism as one of many comprehensive doctrines coexisting with one another in East Asia. Finally, I will conclude by proposing a two-track strategy that takes advantage of two distinct approaches toward a better understanding of pluralism, Confucianism, and democracy.

TRADE INTENSITY AND BUSINESS CYCLE SYNCHRONIZATION: THE CASE OF EAST ASIAN COUNTRIES

2008 ◽  
Vol 53 (02) ◽  
pp. 279-292 ◽  
Author(s):  
PRADUMNA B. RANA
Keyword(s):  
Business Cycles ◽  
Business Cycle ◽  
East Asia ◽  
East Asian ◽  
Correlation Equation ◽  
Trade Intensity ◽  
Asian Countries ◽  
Single Currency ◽  
Crisis Period ◽  
Industry Trade

This paper examines whether increasing trade intensities among East Asian countries have led to a synchronization of business cycles. It extends the work of Shin and Wang (2004) in two ways: by improving the specification of their business cycle correlation equation and by extending the sample to cover the post-crisis period. The study finds that intra-industry trade, rather than inter-industry trade, is the major factor in explaining business cycle co-movements in East Asia. This result has important implications for the prospects of introducing a single currency in the region.

The Colonial Documentary Film in South and South-East Asia

2017 ◽  
Keyword(s):  
East Asia ◽  
Subject Matter ◽  
Documentary Film ◽  
East Asian ◽  
South East Asia ◽  
Post Colonial ◽  
Historical Perspectives ◽  
The Third ◽  
Wide Range ◽  
Global Understanding

Writing from a wide range of historical perspectives, contributors to the anthology shed new light on historical, theoretical and empirical issues pertaining to the documentary film, in order to better comprehend the significant transformations of the form in colonial, late colonial and immediate post-colonial and postcolonial times in South and South-East Asia. In doing so, this anthology addresses an important gap in the global understanding of documentary discourses, practices, uses and styles. Based upon in-depth essays written by international authorities in the field and cutting-edge doctoral projects, this anthology is the first to encompass different periods, national contexts, subject matter and style in order to address important and also relatively little-known issues in colonial documentary film in the South and South-East Asian regions. This anthology is divided into three main thematic sections, each of which crosses national or geographical boundaries. The first section addresses issues of colonialism, late colonialism and independence. The second section looks at the use of the documentary film by missionaries and Christian evangelists, whilst the third explores the relation between documentary film, nationalism and representation.

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