Regional Production Sharing Networks and Hub-ness in Latin America and East Asia: a Long-term Perspective

Chen, Lurong and De Lombaerde, Philippe, (2011). Regional Production Sharing Networks and Hub-ness in Latin America and East Asia: a Long-term Perspective. Integration & Trade, 15(32), 17-34

Document type:
Article
Collection:

Metadata
Links
Versions
Statistics
  • Author Chen, Lurong
    De Lombaerde, Philippe
    Title Regional Production Sharing Networks and Hub-ness in Latin America and East Asia: a Long-term Perspective
    Appearing in Integration & Trade
    Volume 15
    Issue No. 32
    Publication Date 2011
    Place of Publication Buenos Aires
    Publisher Institute for the Integration of Latin America and the Caribbean (IDB-INTAL).
    Start page 17
    End page 34
    Language EN
    Abstract

    This article takes the East Asian experience as the starting point for an analysis of the dynamics of regional production sharing in Latin America and the Caribbean (LAC). Two characteristics of the Asian production network are focused upon: (i) the intensity of intraregional trade and, more specifically, trade in manufactures and their parts and components, and (ii) the hierarchical organization of the production network around “hubs”. With respect to intraregional trade, the authors find that byandlarge the importance of this category of trade in total trade is broadly comparable, but the differences between the two regions become visible when looking at the composition of trade. Trade in manufactured products, in general, and manufactured parts and components, in particular, is clearly more important within East Asia although the gap seems to be slowly diminishing since the early 2000s. With respect to hubness, the authors observe that the rise of China has fundamentally changed the picture by positioning itself as a second hub in the region, with strong links to Japan. By contrast, the relative importance of the two candidate hubs in LAC (Mexico and Brazil) in intraregional trade is still more modest, the level of mutual interdependence is low, and they are overshadowed by the US economy.

    Copyright Holder Institute for the Integration of Latin America and the Caribbean (IDB-INTAL)
    Copyright Year 2011
    Copyright type All Rights Reserved
  • Versions
    Version Filter Type
  • Citation counts
    Google Scholar Search Google Scholar
    Access Statistics: 173 Abstract Views  -  Detailed Statistics
    Created: Fri, 15 Feb 2019, 13:43:24 JST