المستودع الأكاديمي جامعة المدينة

The expansion of intra-Asian trade : an analysis of structural patterns and determinants

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dc.creator Langhammer, Rolf J.
dc.date 1997
dc.date.accessioned 2013-10-16T06:12:56Z
dc.date.available 2013-10-16T06:12:56Z
dc.date.issued 2013-10-16
dc.identifier urn:isbn:3894561017
dc.identifier http://hdl.handle.net/10419/939
dc.identifier ppn:225622769
dc.identifier ppn:225622769
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/939
dc.description The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub-regions within Asia. Beyond a general trend towards manufactures, it reveals remarkable differences in specialisation profiles between lagging South Asian countries still concentrating on labourintensive products while forerunning East and Southeast Asian countries have successfully diversified their manufactured exports towards more skill-intensive products. Relative to extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both differences in factor endowments inside Asia but also differences in access conditions (trade policy). Growth in intra- Asian trade is attributed not only to overall economic growth but also to large declines in transaction costs. The latter is reflected in lower distance-oriented costs, trade liberalisation and, for sub-regions, to convergence in exchange rate changes. The paper sees no need for institutionalised regional integration but advocates continuing integration into the multilateral trading system complemented by some sort of regional co-operation concerning common rules of facilitating factor movements and enhancing policy coherence and stability.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 792
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F14
dc.subject F15
dc.subject F13
dc.subject ddc:330
dc.subject Trade
dc.subject Regional and Multilateral Integration
dc.subject Transaction Costs
dc.subject Internationale Wirtschaftsbeziehungen
dc.subject Internationale Arbeitsteilung
dc.subject Handelsregionalismus
dc.subject Transaktionskosten
dc.subject Exportinduziertes Wachstum
dc.subject Asien
dc.subject Südasien
dc.subject Ostasien
dc.subject Südostasien
dc.title The expansion of intra-Asian trade : an analysis of structural patterns and determinants
dc.type doc-type:workingPaper


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