Portrait of Factory Asia: Production network in Asia and its implication for growth -
the ‘smile curve’
Joint Research Program Series
No.159
Edited by Richard BALDWIN, Tadashi ITO, Hitoshi SATO
Published in February 2014
Cover (163KB)
- 1. INTRODUCTION
- 2. ECONOMY-WIDE SMILE CURVE AND PRIMA FACIE EVIDENCE
-
2.1. TRACING BACK THE SOURCE OF VALUE ADDED IN EXPORTS
2.2. PRIMA FACIE EVIDENCE: ECONOMY-WIDE SMILE CURVE - 3. ECONOMICS OF THE SMILE CURVE
-
3.1. ORGANISING FRAMEWORK: FIRM-LEVEL SMILE CURVE
3.2. ‘SERVICIFICATION’ OF MANUFACTURING - 4. DECONSTRUCTING THE VALUE SHIFT TO SERVICES
-
4.1. SMILE CURVES 1985-1995 AND 1995-2005
4.2. THE GEOGRAPHY OF THE SHIFT TO SERVICES VALUE ADDED
4.3. DATA FOR 5 EXPORT SECTORS AND 8 NATIONS - 5. CONCLUDING REMARKS AND TESTABLE HYPOTHESES
-
- REFERENCES
-
- Appendix
- A sketch of the concept of the value-added computation
-
- List of industries
-
- Appendix
- Figures for 4.1.: Aggregate smile curve by industry (the other industries), 1985-1995 and 1995-2005