Towards A New Regionalism in East Asia

Sohn, Byeong-Hae

doi:10.11130/jei.2004.19.3.499

Cited by 4 publications

(2 citation statements)

References 5 publications

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“…The NIES and ASEAN have recently followed similar dynamics under a "flying geese" pattern that has reinforced regional trade connections with China as the assembly point. 4) Finally, China has emerged as the principal investor and exporter of intermediate and capital goods to the region (Byeong-Hae 2004;Doner 2007;Sally 2010;Thorbecke and Salike 2013). This process also promoted an intra-Asian division of labor that might have also expanded regional trade (Borrmann and Jungnickel 1992).…”

Section: The Intensity Of Intra-asian Trade and Its Determinants: Con...mentioning

confidence: 99%

More Integrated than Ever? Long-Term Market and Policy Drivers of Intra-Asian Trade

Ayuso-Díaz¹,

Gómez-Plana²

2023

Journal of Economic Integration

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Since the Doha Round stalemate after 2001, trade liberalization has progressed through regional trade agreements (RTAs) and East and Southeast Asia is not unfamiliar with this. Before assessing the effectiveness of recent trade agreements, the long tradition of trade exchange in this region that has lasted for more than 2,000 years necessitates an understanding of the evolution of intra-Asian trade across history. In this regard, this study contributes to the literature examining whether present intra-Asian trade is more or less intense than before 1938. This research outperforms previous studies using a gravity model that controls for changes in GDP and trade costs in the region across four different time periods (between 1840 and 2018). The results show that contemporary regional trade in East and Southeast Asia is slightly less intense than before World War II. A second question addressed is the relevance of trade agreements after the 1985 Plaza Accord on trade integration, compared with market determinants. A second gravity model for regional imports after 1986 is regressed on both policy and market indicators, indicating that the latest wave of intra-Asian trade is characterized by trade complementarities that are fueled by regional foreign direct investment, and free trade agreements are less effective. This result is validated through a network analysis demonstrating the symbiosis between trade and investment flows in the region, which should be considered in RTAs that are in place or in negotiation to take intra-Asian trade beyond its historical limits.

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Section: The Intensity Of Intra-asian Trade and Its Determinants: Con...mentioning

confidence: 99%

More Integrated than Ever? Long-Term Market and Policy Drivers of Intra-Asian Trade

Ayuso-Díaz¹,

Gómez-Plana²

2023

Journal of Economic Integration

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“…Por eso algunos países que temen perder en el mercado europeo, comienzan a buscar oportunidad en el esquema Asia-Pacífico (cfr. Sohn 2004).…”

Section: Viejo Y Nuevo Regionalismounclassified

Regionalismo e integración regional: una aproximación teórica

Zamora

2014

RCAP

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Los procesos de integración regional han mostrado importantes avances tras el fin de la Guerra Fría, lo que ha generado numerosos estudios desde una perspectiva práctica. Sin embargo, no ha ocurrido lo mismo con la teorización de los elementos y dinámica que caracterizan la construcción de regiones y el regionalismo, que son básicos para entender la integración. A ello se suma la cuestión del viejo y el nuevo regionalismo, que significa un importante avance en la comprensión de los fenómenos que tienen lugar a inicios del Siglo XXI.

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An Inquiry into The Cultural Background of Regional Integration in Europe and in East Asia: Centered on The Role of Confucian Cultural Denominator in East Asian Economic Integration

Sohn¹

2009

thejournalofcontemporaryeuropeanstudies

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Towards A New Regionalism in East Asia

Cited by 4 publications

References 5 publications

More Integrated than Ever? Long-Term Market and Policy Drivers of Intra-Asian Trade

More Integrated than Ever? Long-Term Market and Policy Drivers of Intra-Asian Trade

Regionalismo e integración regional: una aproximación teórica

An Inquiry into The Cultural Background of Regional Integration in Europe and in East Asia: Centered on The Role of Confucian Cultural Denominator in East Asian Economic Integration

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