Historical Research for formation of the Pacific Rim Economy -Analysis of Investment and Foreign Trade-

本研究首先收集了环太平洋经济体国家贸易和投资的经济统计数据，然后建立了一个19世纪至20世纪中叶的大型数据库。对这个大型数据库的分析得出了以下发现。首先，尽管按照惯例，亚洲被捆绑成一个单一的市场，但它实际上非常多样化。印度、中国、东南亚和日本的经济发展没有共同的趋势。其次，日本在亚洲的贸易在20世纪上半叶持续扩张，而中国和印度的贸易要么停滞不前，要么下降。重要的是，日本进军亚洲市场导致了中国和印度对亚洲贸易的衰退。第三，日本一方面从20世纪20年代末开始向世界市场广泛出口轻工业产品，另一方面也不断形成一个自成一体的经济集团。在日本、韩国、台湾、满洲等地扩散的资本主义应该被称为“东亚资本主义”。第四，第二次世界大战后日本帝国分裂，东亚资本主义分解为独立的国民经济。最后，在美国成为一个巨大的工业产品市场之后，日本、韩国、台湾地区强大的工业协会带动了今天东亚经济的发展，使对美出口迅速增加。

In this research, economic statistics on national trade and investment of Pacific Rim economies were first collected and then a large database from the 19th to the middle of the 20th century was created. Analysis of this large database led to the following findings. First, although conventionally, Asia was bundled up as unitary market, it was actually very diverse. No common trend exists between the economic development of India, China, Southeast Asia, and Japan. Second, Japanese trade expanded consistently in Asia during the first half of the 20th century, while that of China and India either stagnated or declined. An important thing is that the advance of Japan to the Asian market has caused the recession of Chinese and Indian trade with Asia. Third, while on one hand, Japan had widely exported light-industry articles to the world market from the end of the 1920s, it has also been consistently forming a self exclusive economic bloc on the other. Such capitalism that spread in Japan, Korea, Taiwan, and Manchuria should be specified as East Asia Capitalism. Fourth, the Japanese Empire was divided after the Second World War, and East Asia Capitalism was decomposed into independent national economies. Lastly, after the U.S. emerged as a huge market for industrial products, the development of today's East Asia economy was brought about by Japan, South Korea, and Taiwan having strong industrial associations, and making exports to the U.S increase rapidly.