TY - JOUR
T1 - The Global Value Chain and the Competitiveness of Asian Countries
AU - Kiyota, Kozo
AU - Oikawa, Keita
AU - Yoshioka, Katsuhiro
N1 - Publisher Copyright:
© 2017 by the Asian Economic Panel and the Massachusetts Institute of Technology.
PY - 2017/11/1
Y1 - 2017/11/1
N2 - This paper examines the competitiveness of industries in six Asian countries - China, India, Indonesia, Japan, South Korea, and Taiwan - using the World Input-Output Database tables from 1995 to 2011. Competitiveness is measured by the value-added that industries contribute to the production of final goods, which we refer to as global value chain (GVC) income, rather than by gross exports. We find that, unlike EU countries, Asian countries have generally been able to combine increasing GVC job opportunities with a rise in real income. The GVC income in Asian countries presents a different picture to that in European countries.
AB - This paper examines the competitiveness of industries in six Asian countries - China, India, Indonesia, Japan, South Korea, and Taiwan - using the World Input-Output Database tables from 1995 to 2011. Competitiveness is measured by the value-added that industries contribute to the production of final goods, which we refer to as global value chain (GVC) income, rather than by gross exports. We find that, unlike EU countries, Asian countries have generally been able to combine increasing GVC job opportunities with a rise in real income. The GVC income in Asian countries presents a different picture to that in European countries.
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U2 - 10.1162/asep_a_00573
DO - 10.1162/asep_a_00573
M3 - Article
AN - SCOPUS:85042433712
SN - 1535-3516
VL - 16
SP - 257
EP - 281
JO - Asian Economic Papers
JF - Asian Economic Papers
IS - 3
ER -