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Economic Integration and Network Trade: A Comparison of  East Asia  and the European Union
Asian Economic Papers ( IF 1.098 ) Pub Date : 2020-04-01 , DOI: 10.1162/asep_a_00751
Son Thanh Nguyen 1 , Yanrui Wu 2
Affiliation  

The emergence of production networks has changed the structure of international trade, which is characterized by a large share of intra-regional trade flows and a rising value of intermediate goods trade or network trade between countries within the same region. This paper investigates the change in impact of trade determinants with the formation of regional production networks. At the global level, the results show that intermediate goods exports are more sensitive to trade barriers than total goods exports. At the regional level, the comparison reveals that, despite the efforts directed toward export market diversification in East Asia, the region is still more dependent on other regions’ economic conditions than the European Union is.

中文翻译:

经济一体化与网络贸易:东亚与欧盟的比较

生产网络的出现改变了国际贸易的结构,其特点是区域内贸易流量占比较大,同一区域内国家之间的中间产品贸易或网络贸易价值不断上升。本文研究了随着区域生产网络的形成,贸易决定因素的影响变化。在全球层面,结果表明中间产品出口对贸易壁垒的敏感性高于总出口产品。在区域层面,比较显示,尽管东亚努力实现出口市场多元化,但该地区仍然比欧盟更依赖其他地区的经济状况。
更新日期:2020-04-01
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