PrematureDeindustrialization Risk in Asian LatecomerDevelopingEconomies
PrematureDeindustrialization Risk in Asian LatecomerDevelopingEconomies
复制标题
亚洲后来者发展中经济体过早的去工业化风险
DOI:
10.1162/asep_a_00851
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发表时间:
2022
影响因子:
9.7
通讯作者:
Hiroyuki Taguchi and Yuta Tsukada
中科院分区:
文献类型:
--
作者:
伊藤匡;松浦寿幸;Shigeki Ono;栗田匡相;Hiroyuki Taguchi and Yuta Tsukada
This study examines the risk of premature deindustrialization in latecomer developing countries in Asia, focusing on their manufacturing output ratio. Diverging from the literature that treats Asian economies as a group with comparative advantages in manufacturing, this empirical analysis adopts the latecomer index to demonstrate downward shifts in the latecomers’ manufacturing–income relationship, implying a premature deindustrialization risk. Furthermore, it shows that the risk is higher for manufacturing trade-deficit countries (compared with trade-surplus countries) and for South Asian countries (compared with Southeast Asian countries). Therefore, Asian economies should improve their logistics performance for greater global value chain participation to avoid premature deindustrialization.