Economics of East Asian Economic Integration <Midterm Report>
Interim Report
Chapter 1
Trade, Agglomeration and Growth under Economic Integration: A Survey of Spatial Economic approaches (260KB) / Koji Nishikimi
2. Sources of Agglomeration Force
2.1 Home Market Effect
2.2 Labor Mobility
2.3 Vertical Linkage of Industries
2.4 Hub Formation
2.5 Spillover of Technological/Market Information
3. Economic Integration and Industrial Location
3.1 Trade Liberalization
3.2 International Capital Flow
3.3 International Labor Migration
4. Possible Consequences of Economic Integration
4.1 Allocation Efficiency
4.2 Economic Disparities
5. Some Policy Implications
5.1 Strategic Control on Trade Costs
5.2 Benefits and Risks of Policy Coordination
6. Concluding Remarks
References
Chapter 2
Journey through the Secret History of the Flying Geese Model (263KB) / Satoru Kumagai
2. The "Flying Geese" Model
2.1 One-country Model
2.2 Multi-country Model
3. Empirical Evidence
3.1 One-country model
3.2 Multi-country model
4. Conclusions
References
Chapter 3
Does Regional Integration Agreement disperse or agglomerate multinational firms? (97KB) / Toshitaka Gokan
2. The location choice of multinational firms in two- country world
2.1 The location for producing final products
2.2 Linkages in manufacturing sector
3. The location choice of multinational firms in three-country world
3.1 Regional integration as partial liberalization and the enlargement of the integration bloc
3.2 The symmetric plants distribution in two countries
4. Conclusion
References
Chapter 4
2. Logistics performances in East Asia
3. Factors influencing transport costs
4. Quasi-linear utility model WITH logistics firm
4.1 The model
4.2 Autarky and the start of trade
4.3 A numerical simulation
5. Conclusions
References
Chapter 5
Cities and Mobility of Talent in East Asia: A Literature Survey (118KB) / Tomohiro Machikita
2. Urban as the Magnet of Immigration
2.1 Pooling People and Knowledge Spillovers
2.2 Evidences on Decision Process of Immigration
3. Urban as Nexus of Labor Market Networks
3.1 Network Based Theory of Job Search-Matching
3.2 Evidences on Social Interactions within Labor Market Networks
4. Micro Dynamics of Knowledge Creation, Transfer, and Mobility
5. Modeling the Process of Chinatown Formation
6. Conclusion and Future Research
References
Chapter 6
Regional Income Inequalities in East Asia (256KB) / Nobuaki Hamaguchi
2. Some general discussions on agglomeration and regional disparities
3. Regional income inequality
3.1 International income distribution
3.2 Within-country regional income disparities
3.3 Policy reform and regional inequality in Vietnam
3.4 The case of Lao PDR
4. Discussion
References
Chapter 7
Empirical Analysis of Optimum Currency Area in East Asia (487KB) / Eiji Ogawa and Kentaro Kawasaki
2. Theory of Optimum Currency Area
2.1. Conditions for a common currency area
2.2 Empirical analysis on a feasibility of a common currency area
2.3 S-VAR vs. G-PPP
3. G-PPP Approach to the OCA
3.1 PPP Puzzle
3.2 Relationship between the PPP and the OCA
3.3 Extended G-PPP for Real Effective Exchange Rate
3.4 Anchor currency and the G-PPP
4. Is East Asia an OCA?
4.1. A common currency basket system
4.2. Empirical analysis
4.3. Analytical results
5. Conclusion
References
Chapter 8
Energy Problems and Potential of Regional Cooperation in East Asian Region: Implications for Regional Integration / Nobuhiro Horii
2. Energy problems in the expanded East Asian region
2.1 To explore the cooperation feasibility from the perspective of energy
structure.
2.2 Case Study - The status of energy in China and the necessity for
cooperation
3. Energy Cooperation in East Asian region at present
3.1 Energy cooperation within the framework of APEC
3.2 Energy cooperation within ASEAN
3.3 Energy cooperation under the framework of ASEAN+3
4. Obstacles to the cooperation and the solutions
4.1. Current energy cooperation
4.2. Toward effective energy cooperation
5. Conclusion
References
Chapter 9
Escaping from FTA Trap and Spaghetti Bowl Problem in East Asia (264KB) / Daisuke Hiratsuka
2. Production Fragmentation and Network in East Asia
2.1 Characteristics of production fragmentation in East Asia
2.2 Twenty-four hours production operation
2.3 Sophisticate logistic operation under low laor cost
3. Investor Friendly Investment Policy behind Production Fragmentation
3.1 Tax exemption system favored by East Asia
3.2 TRIMs problem
3.3 Solving the problem by FTAs
4. EAST ASIAN SPAGHETTI BOWL PROBLEM
4.1 High bound tariffs and low MFN ones
4.2 Complex of a large number of bilateral trade arrangements
4.3 Lack of discipline in FTA
4.4 Mitigation of spaghetti bowl syndrome
5. Rules of Origin Issue
5.1 Low utilization of FTAs in East Asia
5.2 Cumbersome rules of origin
5.3 Cumbersome rules of origin
6. Summary and Conclusion
References
Chapter 10
Optimal Sequence and Speed of Reforms toward Economic Integration (203KB) / Hisaki Kohno
2. Optimal Sequence of Economic Integration
2.1 Big Bang versus Gradualism
2.2 Optimal sequence of reforms toward integration
3. Optimal Speed of Economic Integration
4. Conclusion
References