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

January 1, 1995

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Sayuri Shirai. The Pattern of International Trade Between Japan and the Pacific Basin Countries: A Comparison Between 1975 and 1985, (USA: International Monetary Fund, 1995) accessed September 26, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Commodities, Economic sectors, Exports, Imports, International trade, Manufacturing, Metals, National accounts, Transportation

Keywords: Capital product, Consumer product, Export share, Exports, Import share, Imports, Industry trade, Manufacturing, Manufacturing industry, Metals, Southeast Asia, Transportation, WP

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1995/009
Stock No:

WPIEA0091995
ISBN:

9781451842562
ISSN:

1018-5941

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