Study on Foreign Dependencies of East Asian Countries under the Global Value Chain System
- DOI
- 10.2991/icpel-18.2018.2How to use a DOI?
- Keywords
- East Asia, upstream dependence, final demand dependence, internal dependence, external dependence
- Abstract
From the perspective of global value chain, this paper divides the East Asian region’s dependencies in the global production division network into “upstream dependencies” and “final demand dependencies” according to Koopman’s GVC decomposition principle. We use OECD database to build two index systems of “relevance degree” and “final demand contribution rate” for empirical analysis. The analysis finds that in the “upstream dependence” level, the degree of internal dependency in East Asia as a whole is higher than external dependence. The economic links within the East Asian region within the global value chain are increasingly closer. China’s status as an upstream supplier in East Asia is rising, and Japan is declining. At the “end demand dependency” level, the East Asian region still has a certain degree of dependence on external Europe and the United States. However, this dependency relationship has shown a tendency of rising first and then decreasing. At the same time, China’s economic dependence on Japan and South Korea is decreasing, and Japan’s and South Korea’s economic dependence on China is deepening. This also means that China’s final demand has contributed to the economic growth of Japan and South Korea.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Qiwei Zhu AU - Jun Jin PY - 2018/10 DA - 2018/10 TI - Study on Foreign Dependencies of East Asian Countries under the Global Value Chain System BT - Proceedings of the 2018 3rd International Conference on Politics, Economics and Law (ICPEL 2018) PB - Atlantis Press SP - 5 EP - 12 SN - 2352-5398 UR - https://doi.org/10.2991/icpel-18.2018.2 DO - 10.2991/icpel-18.2018.2 ID - Zhu2018/10 ER -