Asia and the Global Economy最新文献_第6页

Why Europe looks so much like China: Big government and low income inequalities 为什么欧洲看起来如此像中国:大政府和低收入不平等

Asia and the Global Economy Pub Date : 2022-01-01 DOI: 10.1016/j.aglobe.2022.100024

Vladimir Popov

{"title":"Why Europe looks so much like China: Big government and low income inequalities","authors":"Vladimir Popov","doi":"10.1016/j.aglobe.2022.100024","DOIUrl":"https://doi.org/10.1016/j.aglobe.2022.100024","url":null,"abstract":"<div><p>One view in the literature is that the East Asian economic model is superior to other models in the Global South (i.e. in the developing world), at least in terms of catch-up development and possibly even in innovations beyond the technological frontier. Unlike economic models in Latin America and Sub-Saharan Africa, the East Asian model prioritizes community interests of the work collective, the neighbourhood, the nation-state, and all of humanity over those of individuals, possibly limiting some human rights for the greater benefit of all. Crucial features of the East Asian economic model include relatively low income and wealth inequalities, strong state institutional capacity. The origins of the East Asian economic model can be traced to different trajectories of the development of the Global South since the 16th century.This paper argues that European economic model and the East Asian model have a lot in common. After controlling for the country size and the level of development, it turns out that government consumption as a share of GDP is relatively high in both models, whereas income inequalities are relatively low.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111522000019/pdfft?md5=4da539605d976457c4a1df5a3ea38785&pid=1-s2.0-S2667111522000019-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137191175","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Patterns of network trade: A comparison between East Asia and European union 网络贸易模式:东亚与欧盟的比较

Asia and the Global Economy Pub Date : 2021-07-01 DOI: 10.1016/j.aglobe.2021.100011

Son Thanh Nguyen , Yanrui Wu

引用次数: 2

How would a slowdown in the People's Republic of China affect its trading partners? 中国经济放缓将如何影响其贸易伙伴?

Asia and the Global Economy Pub Date : 2021-07-01 DOI: 10.1016/j.aglobe.2021.100015

Willem Thorbecke , Atsuyuki Kato

{"title":"How would a slowdown in the People's Republic of China affect its trading partners?","authors":"Willem Thorbecke , Atsuyuki Kato","doi":"10.1016/j.aglobe.2021.100015","DOIUrl":"https://doi.org/10.1016/j.aglobe.2021.100015","url":null,"abstract":"<div><p>The People's Republic of China (PRC) has become an important importer for many countries. This paper investigates how turbulence in the PRC can spill over to trading partners through the trade channel. Exports from several East and Southeast Asian countries to the PRC exceed 10% of their GDPs. To shed light on countries’ exposures to the PRC, this paper estimates a gravity model. The results indicate that Taipei, China and the Association of Southeast Asian Nations are exposed to the PRC because they produce goods for the Chinese market and exposed to advanced economies because they ship parts and components to the PRC for processing and re-export to the West. South Korea is more exposed to a slowdown in advanced economies that purchase processed exports from the PRC than to a slowdown in the PRC. Major commodity exporters such as Australia, Brazil, Indonesia, and Saudi Arabia and exporters of sophisticated consumption and capital goods such as Germany and Switzerland are exposed to a slowdown in the Chinese domestic market. This paper also estimates import elasticities for the PRC. The results indicate that imports for processing into the PRC are closely linked to processed exports from China to the rest of the world and that ordinary imports are closely linked to Chinese GDP. The renminbi exerts only a weak impact on imports, however. The paper concludes by recommending that firms and countries diversify their export base and their trading partners to reduce their exposures to the PRC and to advanced economies.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111521000153/pdfft?md5=0c69a946e149cbafed57dc1862a5f1b0&pid=1-s2.0-S2667111521000153-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136900256","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Japan's export specialization in 2000–2020 2000-2020年日本出口专业化

Asia and the Global Economy Pub Date : 2021-07-01 DOI: 10.1016/j.aglobe.2021.100014

Zoia S. Podoba , Victor A. Gorshkov , Anastasiya A. Ozerova

{"title":"Japan's export specialization in 2000–2020","authors":"Zoia S. Podoba , Victor A. Gorshkov , Anastasiya A. Ozerova","doi":"10.1016/j.aglobe.2021.100014","DOIUrl":"10.1016/j.aglobe.2021.100014","url":null,"abstract":"<div><p>By empirically examining the commodity structure of Japan's exports in 2000–2020, the authors have identified product groups with increased, diminished, newly emerged, and lost revealed comparative advantages (RCA). In 2020, Japan had RCA in 24 product groups with relatively high levels of product complexity and thus managed to maintain its highly diversified trade portfolio. However, increasing global competition poses potential risks to Japan's exports. Eight product groups with diminished and two product groups with lost RCA are signs of Japan's unsuccessful adaptation to the structural changes on the world markets. The newly emerged RCA, predominantly in the chemicals and allied industries, still mostly have lower index values in comparison to major trade partners, however, their contribution to Japan's exports is likely to expand. To enhance its comparative advantages, Japan should foster innovation which may positively affect national competitiveness but this depends on how the country will adapt to domestic and global challenges.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111521000141/pdfft?md5=f11a629d3d2738688cb2a1621e843358&pid=1-s2.0-S2667111521000141-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76574680","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

China's rise and its implications for International Relations and Northeast Asia 中国崛起及其对国际关系和东北亚的影响

Asia and the Global Economy Pub Date : 2021-07-01 DOI: 10.1016/j.aglobe.2021.100016

Gerard Roland

引用次数: 1

Adding numbers to complex processes: Asian integration indicator systems in perspective 为复杂过程添加数字:透视亚洲一体化指标体系

Asia and the Global Economy Pub Date : 2021-07-01 DOI: 10.1016/j.aglobe.2021.100017

Philippe De Lombaerde

{"title":"Adding numbers to complex processes: Asian integration indicator systems in perspective","authors":"Philippe De Lombaerde","doi":"10.1016/j.aglobe.2021.100017","DOIUrl":"10.1016/j.aglobe.2021.100017","url":null,"abstract":"<div><p>Even if Asia shows a relatively low density of regional integration arrangements, the continent has been relatively active in designing indicator systems to monitor the ongoing integration processes. Organisations such as the Association of Southeast Asian Nations, Asian Development Bank, Eurasian Development Bank, United Nations Economic and Social Commission for Asia and the Pacific, and United Nations Economic and Social Commission for Western Asia have been involved in such activities. The purpose of this short article is to review the indicator systems that are currently being developed or have recently been developed, to monitor and analyse regional integration processes in Asia. These systems are cast against the background of experiences with building indicators and indicator systems globally.</p><p>A subset of indicator systems receives a closer look. The assessment covers: (i) general scope and purpose of the indicator system, (ii) specific scope (policy areas covered), (iii) indicator selection, and (iv) weighting and aggregation. Lessons are drawn from these experiences to inform future monitoring efforts in Asia and beyond.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667111521000177/pdfft?md5=3d6bd03f21b295947fae308f40c052bf&pid=1-s2.0-S2667111521000177-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81630375","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Convergence to the global frontier in South East Asia and CESEE: The role of external and internal anchors and their interactions 东南亚和CESEE的全球前沿趋同:外部和内部锚的作用及其相互作用

Asia and the Global Economy Pub Date : 2021-01-01 DOI: 10.1016/j.aglobe.2021.100005

István P. Székely

引用次数: 0

North Korea's trade and the integration of Northeast Asia 朝鲜贸易与东北亚一体化

Asia and the Global Economy Pub Date : 2021-01-01 DOI: 10.1016/j.aglobe.2021.100007

Kiril Tochkov

{"title":"North Korea's trade and the integration of Northeast Asia","authors":"Kiril Tochkov","doi":"10.1016/j.aglobe.2021.100007","DOIUrl":"10.1016/j.aglobe.2021.100007","url":null,"abstract":"<div><p>In addition to being one of the most isolated countries in the world, North Korea has been the target of sanctions and trade restrictions in recent years. This paper examines the trade patterns of North Korea with its 19 major trading partners over the period 1989–2016. Moreover, the paper quantifies the trade barriers between North Korea and the rest of the world by estimating border effects in a gravity model framework. The findings indicate that North Korea's trade with developed countries has been declining for almost two decades, while trade with emerging economies has been intensifying. Over the last decade, trade with almost all countries has collapsed with the exception of China. The regression results imply that despite being the second largest trading partner, South Korea faces the highest trade barriers with North Korea, after controlling for distance, contiguity, and economic size. Emerging economies recorded the lowest trade hurdles, while developed countries witnessed a dramatic rise in border effects since the early 2000s. China's trade costs vis-à-vis North Korea are higher than for the rest of the world but remained relatively stable over the past two decades.</p></div>","PeriodicalId":100126,"journal":{"name":"Asia and the Global Economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.aglobe.2021.100007","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"99155146","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Win-win? Assessing the global impact of the Chinese economy 双赢?评估中国经济对全球的影响

Asia and the Global Economy Pub Date : 2021-01-01 DOI: 10.1016/j.aglobe.2021.100006

Risto Herrala , Fabrice Orlandi

引用次数: 3

How the coronavirus crisis is affecting the Korean economy: Evidence from the stock market 新冠疫情对韩国经济的影响:来自股市的证据

Asia and the Global Economy Pub Date : 2021-01-01 DOI: 10.1016/j.aglobe.2021.100004

Willem Thorbecke

引用次数: 3