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The Development of Interconnectedness within East Asian Regional Production Chains
- Authors
- Lee, Woocheol
- Issue Date
- Jul-2025
- Publisher
- 동서문제연구원
- Keywords
- Multiregional input-output analysis; Multiregional structural decomposition; trade-in-value-added analysis; East Asian regional production chains; functional roles within production chains; C67; F43; F62
- Citation
- Global Economic Review, v.54, no.3, pp 225 - 248
- Pages
- 24
- Indexed
- SSCI
SCOPUS
- Journal Title
- Global Economic Review
- Volume
- 54
- Number
- 3
- Start Page
- 225
- End Page
- 248
- ISSN
- 1226-508X
1744-3873
- Abstract
- This study utilizes the Asian Development Bank's multiregional input-output tables to assess the evolution of production interconnectedness among China, Japan, Korea, Taiwan, Vietnam, and the US. Decomposition analysis reveals that foreign final demand increasingly drives domestic output, with China, Japan, and the US capturing more export-generated value-added than Korea, Taiwan, or Vietnam. Japan, Korea, and Taiwan exhibit higher domestic value-added from foreign exports, while industry-level analysis shows Vietnam's exports primarily benefit foreign partners. Panel regressions indicate a positive correlation between forward participation and value-added in China, but negative or mixed effects in Korea, Vietnam, and Taiwan.
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