Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis
This study aims to answer two questions using input-output decomposition analysis: 1) Have emerging Asian economies decoupled? 2) What are the sources of structural changes in gross outputs and value-added of emerging Asian economies related to the first question? The main findings of the study are...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Korea Institute for International Economic Policy
2014-03-01
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| Series: | East Asian Economic Review |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2014.18.1.275 |
| _version_ | 1811285720172593152 |
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| author | Jong-Hwan Ko Werner Pascha |
| author_facet | Jong-Hwan Ko Werner Pascha |
| author_sort | Jong-Hwan Ko |
| collection | DOAJ |
| description | This study aims to answer two questions using input-output decomposition analysis: 1) Have emerging Asian economies decoupled? 2) What are the sources of structural changes in gross outputs and value-added of emerging Asian economies related to the first question? The main findings of the study are as follows: First, since 1990, there has been a trend of increasing dependence on exports to extra-regions such as G3 and the ROW, indicating no sign of "decoupling", but rather an increasing integration of emerging Asian countries into global trade. Second, there is a contrasting feature in the sources of structural changes between non-China emerging Asia and China. Dependence of non-China emerging Asia on intra-regional trade has increased in line with strengthening economic integration in East Asia, whereas China has disintegrated from the region. Therefore, it can be said that China has contributed to no sign of decoupling of emerging Asia as a whole. |
| first_indexed | 2024-04-13T02:48:14Z |
| format | Article |
| id | doaj.art-099f27e3a29f40a894970ea59ee5d796 |
| institution | Directory Open Access Journal |
| issn | 2508-1640 2508-1667 |
| language | English |
| last_indexed | 2024-04-13T02:48:14Z |
| publishDate | 2014-03-01 |
| publisher | Korea Institute for International Economic Policy |
| record_format | Article |
| series | East Asian Economic Review |
| spelling | doaj.art-099f27e3a29f40a894970ea59ee5d7962022-12-22T03:05:55ZengKorea Institute for International Economic PolicyEast Asian Economic Review2508-16402508-16672014-03-011815581http://dx.doi.org/10.11644/KIEP.JEAI.2014.18.1.275Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition AnalysisJong-Hwan Ko 0Werner Pascha 1Pukyong National UniversityUniversity of Duisburg-EssenThis study aims to answer two questions using input-output decomposition analysis: 1) Have emerging Asian economies decoupled? 2) What are the sources of structural changes in gross outputs and value-added of emerging Asian economies related to the first question? The main findings of the study are as follows: First, since 1990, there has been a trend of increasing dependence on exports to extra-regions such as G3 and the ROW, indicating no sign of "decoupling", but rather an increasing integration of emerging Asian countries into global trade. Second, there is a contrasting feature in the sources of structural changes between non-China emerging Asia and China. Dependence of non-China emerging Asia on intra-regional trade has increased in line with strengthening economic integration in East Asia, whereas China has disintegrated from the region. Therefore, it can be said that China has contributed to no sign of decoupling of emerging Asia as a whole.http://dx.doi.org/10.11644/KIEP.JEAI.2014.18.1.275Decoupling of Emerging Asian EconomiesAsian International Input-Output TablesInput-Output Decomposition AnalysisSources of Structural Changes in Gross Outputs and Value-added |
| spellingShingle | Jong-Hwan Ko Werner Pascha Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis East Asian Economic Review Decoupling of Emerging Asian Economies Asian International Input-Output Tables Input-Output Decomposition Analysis Sources of Structural Changes in Gross Outputs and Value-added |
| title | Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis |
| title_full | Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis |
| title_fullStr | Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis |
| title_full_unstemmed | Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis |
| title_short | Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis |
| title_sort | decoupling and sources of structural transformation of east asian economies an international input output decomposition analysis |
| topic | Decoupling of Emerging Asian Economies Asian International Input-Output Tables Input-Output Decomposition Analysis Sources of Structural Changes in Gross Outputs and Value-added |
| url | http://dx.doi.org/10.11644/KIEP.JEAI.2014.18.1.275 |
| work_keys_str_mv | AT jonghwanko decouplingandsourcesofstructuraltransformationofeastasianeconomiesaninternationalinputoutputdecompositionanalysis AT wernerpascha decouplingandsourcesofstructuraltransformationofeastasianeconomiesaninternationalinputoutputdecompositionanalysis |