Economic Growth and the Changing Structure of Trade and Production in the Pacific Rim
Economic Growth and the Changing Structure of Trade and Production in the Pacific Rim
复制标题
环太平洋地区的经济增长与贸易和生产结构的变化
DOI:
10.2307/1243399
复制
发表时间:
1994
影响因子:
4.2
通讯作者:
W. Martin
中科院分区:
文献类型:
--
作者:
M. Gehlhar;T. Hertel;W. Martin
growth have been in the range of 6-7% (Young). During this period, production and trade patterns in the Pacific Basin have undergone profound structural changes. In the last two decades, South Korea has moved from the production of labor-intensive manufactures to more capital and skill-intensive sectors. Thailand, traditionally an exporter of natural resource-based commodities, showed a sharp fall in its export share of agriculture and a sharp rise in the share of manufactures such as textiles and simple electronics (Gehlhar). In contrast, while the importance of agriculture in total North American output has fallen, its share in exports has remained stable in recent years, as export volumes continue to increase. The growth of total East Asian exports naturally coincides with rapid import growth. In order to expand their manufacturing capacity, East Asian countries have imported massive amounts of capital equipment. But expansion of the manufacturing sector also pulls labor away from agriculture, at the very time income growth is leading to increased per capita food demands. Therefore, we have seen a strong rise in the demand for farm and food imports in East Asia. Indeed, during the 1980s, this region emerged as the fastest growing market for agricultural commodities, accounting for the bulk of the increase in U.S. exports (USDA 1993a).