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Beyond Flying Geese: The Expansion of East Asia’s Electronics Trade
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An-Chi Tung
Published/Copyright:
November 30, 2019
Abstract
The flying geese (FG) hypothesis, which asserts the sequential catching-up processes of the latecomers, holds well in the past. Yet a simultaneous boom within the electronics industry across East Asia casts doubt on the applicability of the hypothesis. By using the RCA and NET indices, the paper finds that the FG pattern shows in the electronics industry as a whole, but not always so at the disaggregated level. This suggests that the FG formation may not appear in other industries, if they are involved in international production fragmentation or have differentiated products, and if certain latecomers have become new leaders.
Published Online: 2019-11-30
Published in Print: 2003-02-01
© 2019 by Walter de Gruyter Berlin/Boston
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Articles in the same Issue
- Economic Development, Trade and Wages
- Reform Unleashed Korean Growth
- Beyond Flying Geese: The Expansion of East Asia’s Electronics Trade
- Walrasian General Equilibrium Allocations and Dynamics in Two-Sector Growth Models
- The Distributional Effects of International Fragmentation
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Articles in the same Issue
- Economic Development, Trade and Wages
- Reform Unleashed Korean Growth
- Beyond Flying Geese: The Expansion of East Asia’s Electronics Trade
- Walrasian General Equilibrium Allocations and Dynamics in Two-Sector Growth Models
- The Distributional Effects of International Fragmentation
- Inflationary Financing of Government Expenditure in an Endogenous Growth Model
