China and East Asia: An appraisal of regional economic integration

Eurasian Geography and Economics

Volumn 48, Issue 3, 2007, Pages 320-340

  Chen, Chien Hsun ^a   Mai, Chao Cheng ^b,c   Shih, Chen Tai ^b  

^a CHUNG HUA INSTITUTION FOR ECONOMIC RESEARCH   (Taiwan)

^b TAMKANG UNIVERSITY   (Taiwan)

^c RESEARCH CENTER FOR HUMANITIES AND SOCIAL SCIENCES   (Taiwan)

Author keywords

AFTA; ASEAN; Asian financial crisis; CEPT; China; Currency devaluation; East Asia; Gravity model; International trade; Regional economic integration

Indexed keywords

ASEAN; BILATERAL AGREEMENT; CURRENCY DEVALUATION; ECONOMIC DEVELOPMENT; ECONOMIC INTEGRATION; EMPIRICAL ANALYSIS; FINANCIAL CRISIS; GLOBAL ECONOMY; INTERNATIONAL TRADE; TRADE FLOW;

ASIA; CHINA; EURASIA; FAR EAST; TAIWAN;

EID: 34547164449     PISSN: 15387216     EISSN: None     Source Type: Journal    
DOI: 10.2747/1538-7216.48.3.320     Document Type: Article

References (40)

1. Adams, F. G., B. Gangnes, and Y. Shachmurove, "Why Is China So Competitive? Measuring and Explaining China's Competitiveness," World Economy, 29, 2:95-122, 2006.
2. Anderson, J. E., "A Theoretical Foundation for the Gravity Model," American Economic Review, 69, 1:106-116, 1979.
3. Anderson, J. E., and E. van Wincoop, "Gravity with Gravitas: A Solution to the Border Puzzle," American Economic Review, 93, 1:170-192, 2003.
4. Anderson, K. and H. Norheim, "From Imperial to Regional Trade Preferences: Its Effects on Europe's Intra- and Extra-Regional Trade," Weltwirtschaftliches Archiv, 129, 1:78-101, 1993.
5. Bergstrand, J. H., "The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence," Review of Economics and Statistics, 67, 3:474-481, 1985.
6. Bergstrand, J. H., "The Generalized Gravity Equation, Monopolistic Competition, and the Factor-Proportions Theory in International Trade," Review of Economics and Statistics, 71, 1:143-153, 1989.
7. Ceglowski, J. and S. Golub, "Just How Low Are China's Labour Costs?," World Economy, 30, 4:597-617, 2007.
8. Clarete, R., C. Edmonds, and J. S. Wallack, "Asian Regionalism and Its Effects on Trade in the 1980s and 1990s," Journal of Asian Economics, 14, 1:91-129, 2003.
9. Das, D. K., Regionalism in Global Trade. Cheltenham, UK: Edward Elgar, 2004.
10. Deardoff, A. V., "Determinants of Bilateral Trade: Does Gravity Work in a Neoclassic World?," in J. A. Frankel, ed., The Regionalization of the World Economy. Chicago, IL: University of Chicago Press, 1997, 131-164.
11. Dee, P., "East Asian Economic Integration and Its Impact on Future Growth," World Economy, 30, 3:405-423, 2007.
12. Fan, C. C., and A. J. Scott, "Industrial Agglomeration and Development: A Survey of Spatial Economic Issues in East Asia and a Statistical Analysis of Chinese Regions," Economic Geography, 79, 3:295-319, 2003.
13. Fujita, M., P. Krugman, and A. J. Venables, The Spatial Economy: Cities, Regions, and International Trade. Cambridge, MA: MIT Press, 1999.
14. Hasebe, Y. and N. Shrestha, "Economic Integration in East Asia: An International Input-Output Analysis," World Economy, 29, 12:1709-1735, 2006.
15. Hassan, M. K., "Is SAARC a Viable Economic Block? Evidence from Gravity Model," Journal of Asian Economics, 12, 2:263-290, 2001.
16. Helpman, E., "Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries," Journal of the Japanese and International Economics, 1, 1:62-81, 1987.
17. IMF (International Monetary Fund), Direction of Trade (DOTS) database [http://www.imf.org/external/ns/], accessed April 2007a.
18. IMF (International Monetary Fund), International Financial Statistics (IFS) database [http://ifs.apdi.net/imf], accessed April 2007b.
19. Krugman, P., "Increasing Returns and Economic Geography," Journal of Political Economy, 99, 3:483-499, 1991.
20. Krugman, P. and A. J. Venables, "Globalization and the Inequality of Nations," Quarterly Journal of Economics, 110, 4:857-880, 1995.
21. Lall, S. and M. Albaladejo, "China's Competitive Performance: A Threat to East Asian Manufactured Exports?," World Development, 32, 9:1441-1466, 2004.
22. Lee, J. W. and I. Park, "Free Trade Areas in East Asia: Discriminatory or Non-discriminatory?," World Economy, 28, 1:21-48, 2005.
23. Martinez-Zarzoso, I., "Gravity Model: An Application to Trade between Regional Blocs," Atlantic Economic Journal, 31, 2:174-187, 2003.
24. Murphy, Alexander B., "The May 2004 Enlargement of the European Union: View from Two Years Out," Eurasian Geography and Economics, 47, 6:635-646, 2006.
25. O'Loughlin, J., and L. Anselin, "Geo-Economic Competition and Trade Bloc Formation: United States, German, and Japanese Exports, 1968-1992," Economic Geography, 72, 2:131-160, 1996.
26. Ottaviano, G. I. P. and D. Puga, "Agglomeration in the Global Economy: A Survey of 'the New Economic Geography'," World Economy, 21, 6:707-731, 1998.
27. Petri, P. A., "Is East Asia Becoming More Interdependent?," Journal of Asian Economics, 17, 3:381-394, 2006.
28. Poon, J. P., "The Cosmopolitanization of Trade Regions: Global Trends and Implications, 1965-1990," Economic Geography, 73, 4:390-404, 1997.
29. Pöyhönen, P., "A Tentative Model for the Volume of Trade between Countries," Weltwirtschaftliches Archiv, 90, 1:93-99, 1963.
30. Roland-Holst, R., and J. Weiss, "ASEAN and China: Export Rivals or Partners in Regional Growth?," World Economy, 27, 8:1255-1274, 2004.
31. Rose, A., "Do We Really Know That the WTO Increases Trade?," American Economic Review, 90, 1:98-114, 2004.
32. Sohn, B. H., "Regionalization of Trade and Investment in East Asia and Prospects for Further Regional Integration," Journal of the Asia Pacific Economy, 7, 2:160-181, 2002.
33. Soloaga, I. and L. A. Winters, "Regionalism in the Nineties: What Effect on Trade?," North American Journal of Economics and Finance, 12, 1:1-29, 2001.
34. Stone, S. F., and B. N. Jeon, "Foreign Direct Investment and Trade in the Asian-Pacific Region: Complementarity, Distance, and Regional Economic Integration," Journal of Economic Integration, 15, 3:460-485, 2000.
35. Taiwan Bureau of Foreign Trade, database [www.trade.gov.tw], accessed April 2007.
36. Taiwan Directorate General of Accounting, Budget, and Statistics, database [www.dgbas.gov.tw], accessed April 2007.
37. Tinbergen, J., Shaping the World Economy: Suggestions for an International Economic Policy. New York, NY: The Twentieth Century Fund, 1962.
38. Tongzon, J. L., "ASEAN-China Free Trade Area: A Bane or Boon for ASEAN Countries?," World Economy, 28, 2:191-210, 2005.
39. Venables, A. J., "Equilibrium Locations of Vertically Linked Industries," International Economic Review, 37, 2:341-359, 1996.
40. Wu, H. L., and C. H. Chen, "Changes in the Foreign Market Competitiveness of East Asian Exports," Journal of Contemporary Asia, 34, 4:503-522, 2004.