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The Pattern of International Trade Between Japan and the Pacific Basin Countries: A Comparison Between 1975 and 1985
Author:
Sayuri Shirai null

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Series:
IMF Working Papers
Volume/Issue:
Volume 1995: Issue 009
Language:
English
Publication Date:
01 Jan 1995
DOI:
https://doi.org/10.5089/9781451842562.001
ISBN:
9781451842562
ISSN:
1018-5941
Pages:
72
Keywords:
WP; consumer product; industry trade; import share; capital product; export share; manufacturing industry; Imports; Exports; Manufacturing; Metals; Transportation; Southeast Asia
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Using the international input-output tables between Japan and five Pacific Basin countries (Indonesia, Korea, Malaysia, Singapore, and Thailand) for the years 1975 and 1985, the paper examines the trade structure in 1975 and how it had shifted by 1985. It shows that intra-industry trade in manufactured products expanded as Japan increased imports of more capital-intensive products from these countries. Intra-industry trade of intermediate inputs increased substantially more than of final products, reflecting a trend by manufacturers to subdivide the production process of intermediate inputs and to shift their locations to different countries. This suggests a more active development of international labor in the intermediate stages of production and a deepening of regional linkages.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund