Shifting comparative advantage among asian and pacific countries

Economic Regionalisation and Intra-Industry Trade

“…Led by Japan as the leading economy in the region, and followed by the NIEs, next-tier NIEs and China, the Pacific-Asian economies advance together through trade expansion based on shifting comparative advantage over time. Although the formal presentation of the FG model has yet to be seen, Rana (1990) provides some statistical support for this view of trade developments of Pacific Asia, using Balassa's "revealed comparative advantage" (RCA) index for the 1965-84 period, particularly in the post-1973 period.…”

“…In order to answer this question, we used the methodology developed by Rana (1990) 24 with the trade data set involving 151 commodity categories of manufactured goods defined at SITC (Rev.2) 3-digit level for 11 Pacific-Asian economies (excluding China) as well as Canada and United States 25 . North American countries were included in this analysis to see whether the FG model can be extended to North America.…”

“…The data set used by Rana (1990) involves 36 commodity categories of manufactured goods defined at SITC 2-digit level for Japan and 13 developing Asian economies (Hong Kong, South Korea, Singapore and Taiwan; Indonesia, Malaysia, Philippines and Thailand; India, Pakistan and Sri Lanka; and Fiji and Western Samoa).…”

Productivity and Manufacture Export Causality Among World Regions: 1989-1999

“…Recent studies reckoned that globalization extended beyond trade and has non-economic consequences, and that indigenous factors are equally important to openness factors in growth and globalization (Fischer 2003, Dreher 2006, Kearney 2005, Li, Pang and Ng 2006. Other studies showed that trade help a developing economy to "catch up" and lead to economic structural change that involved a shift from labor-intensive to more advanced production techniques (Lee 1986, Rana 1990, Carolan et al 1998. On the contrary, studies by Lutz (1987) and Chow (1990) showed that manufacture exports from different industrialized and developing economies complement each other, and that the industrialized economies increasingly concentrate on technology-intensive industries while labor-intensive manufacturing is "exported" to less developed countries.…”

China as a Leading Pacific Economy

“…For empirical evidence of the so-called flying geese pattern of trade development, see Fukasaku (1992a) and Rana (1990 Notes:…”