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East Asia

About: East Asia is a research topic. Over the lifetime, 17591 publications have been published within this topic receiving 274073 citations. The topic is also known as: Eastern Asia.


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TL;DR: Based on the arguments in Balassa's stages of comparative advantage thesis, this paper examined the performance of manufacture exports in a number of Asian and Latin American economies over the period 1981-1997 and examined the revealed comparative advantage indices between economies in East Asia, Southeast Asia and Latin America.
Abstract: Changes in comparative advantage should reflect changes in factor endowment, but increasingly, changes in trade policies also affect a region's trade performance. Based on the arguments in Balassa's stages of comparative advantage thesis, this paper looks at the performance of manufacture exports in a number of Asian and Latin American economies over the period 1981-1997 and examines the revealed comparative advantage indices between economies in East Asia, Southeast Asia and Latin America. Although the RCA measurement may not distinguish between the factor endowment effects from the trade policy effect, we argue that RCA measures provide indication on the movement in a region's comparative advantage. The evidence strongly suggests that despite the strong export performance experienced by East Asian economies, they are losing their comparative advantage to the lower-tier economies in Southeast Asia and Latin America.

108 citations

Journal ArticleDOI
TL;DR: In this article, the authors combine four independent long-term climatic data and modern observations into one cohesive set; to describe the spatial and temporal patterns of variability of dry and wet periods in East Asia over the past one thousand years; and to examine physical causes of the pattern variations.
Abstract: This study attempts to combine four independent long-term climatic data and modern observations into one cohesive set; to describe the spatial and temporal patterns of variability of dry and wet periods in East Asia over the past one thousand years; and to examine physical causes of the pattern variations. The data include the 220-year observed precipitation in Seoul, South Korea, the dryness-wetness intensity data in eastern China for the last 530 years, and other two independent chronologies of dryness-wetness grades in the past millennium in eastern China based on instrumental observations and historical documents. Various analysis methods including wavelet transform and rotated empirical orthogonal function were used in revealing climate variations from these datasets. Major results show that the dry and wet anomalies initially appeared in the north part of eastern China and then migrated southward to affect south China. This process is repeated about every 70 years. However, in contrast in the last two decades of the twentieth century a dry situation appeared in north China and a wet climate predominated in the south part of the country. The multidecadal variations of the monsoon circulation in East Asia and the thermal contrast between inland Asia and its surrounding oceans may contribute to the dry-wet phase alternation or the migration of dry-wet anomalies. In regional scale variations, a consistent dry or wet pattern was observed spreading from the lower Yangtze River valley to South Korea. Frequencies of severe dry-wet situations were low in the eighteenth and nineteenth century and they were higher in the twentieth century. The recent increasing trend in frequencies of severe dry-wet chances occurred along with global warming and regional climatic changes in China.

108 citations

Journal ArticleDOI
TL;DR: The authors analyzed the industrial performance of two East Asian (South Korea and Taiwan) and three Latin American (Argentina, Brazil and Mexico) newly industrializing countries and argued that the better performance in East Asia is not due simply to differences in trade orientation or the degree of state intervention, but rather to the effectiveness of intervention.
Abstract: The paper analyses the industrial performance of two East Asian (South Korea and Taiwan) and three Latin American (Argentina, Brazil and Mexico) newly industrializing countries. It argues that the better performance in East Asia is not due simply to differences in trade orientation or the degree of state intervention, but rather to the effectiveness of intervention. This is explained in terms of the relative autonomy of the state and the structuring of the state apparatus in the two regions. The historically determined class structure and the international context led to much greater state autonomy in East Asia than in Latin America. The last part of the paper shows a number of ways in which this greater relative autonomy has contributed to rapid industrial growth in East Asia in comparison with Latin America.

108 citations

Posted Content
TL;DR: In this paper, a two-dimensional fragmentation model is introduced and employed for disentangling the mechanics of production networks as well as the spatial structure of networking in East Asia, and its implications for further activating production networks and economic development in Southeast Asia and other less developed countries are discussed.
Abstract: Southeast Asia is truly a unique area in that it deeply gets involved with sophisticated international production networks extended to the whole East Asia. This chapter provides an overview on the current status of economic analysis on this issue, placing its emphasis on the newly developed fragmentation theory approach. The two-dimensional fragmentation model is introduced and employed for disentangling the mechanics of production networks as well as the spatial structure of networking in East Asia. Profound policy implication for further activating production networks and economic development in Southeast Asia and other less developed countries is also discussed.

107 citations

Posted Content
TL;DR: In this paper, the extent and nature of synchronisation of business cycles in the region was examined against the background of the rapid inter-and intra-regional integration of East Asia.
Abstract: Against the background of the rapid inter- and intra-regional integration of East Asia, we examine the extent and nature of synchronisation of business cycles in the region. We estimate various specifications of a dynamic common factor model for output growth of ten East Asian countries. A significant common factor is shared by all Asian countries considered, except China and Japan. The degree of synchronisation has fluctuated over time, with an upward trend particularly evident for the newly industrialised countries. Synchronisation appears to mainly reflect strong export synchronisation, rather than common consumption or investment dynamics. Cross-country spill-over effects explain only a small part of the comovement in the region. More importantly, a number of exogenous factors, such as the price of oil and the JPY-USD exchange rate, play an important role in synchronising activity. In addition, economic linkages with Europe and North America may also have contributed to the observed synchronisation.

107 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
20242
2023609
20221,266
2021377
2020478
2019465