Patterns of network trade: A comparison between East Asia and European union
The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in sociocultural,...
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2021
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oai:doaj.org-article:e3a20b86a0e4440e81f96d20f874cb072021-12-03T04:01:23ZPatterns of network trade: A comparison between East Asia and European union2667-111510.1016/j.aglobe.2021.100011https://doaj.org/article/e3a20b86a0e4440e81f96d20f874cb072021-07-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2667111521000116https://doaj.org/toc/2667-1115The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in sociocultural, political, historical and institutional factors. This paper investigates and compares the pattern of network trade in East Asia and European Union. It confirms that, while network trade shows a “hub-and-spoke pattern” in European Union, it is more like a “network pattern” in East Asia.Son Thanh NguyenYanrui WuElsevierarticleNetwork tradeProduction networkRegional integrationEast AsiaEuropean unionRegional economics. Space in economicsHT388ENAsia and the Global Economy, Vol 1, Iss 2, Pp 100011- (2021) |
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Network trade Production network Regional integration East Asia European union Regional economics. Space in economics HT388 |
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Network trade Production network Regional integration East Asia European union Regional economics. Space in economics HT388 Son Thanh Nguyen Yanrui Wu Patterns of network trade: A comparison between East Asia and European union |
description |
The production networks in East Asia and European Union are characterized by large shares of trade in intermediate goods or network trade between countries within each region. However the pattern of network trade in the two regions could be very different due to regional variations in sociocultural, political, historical and institutional factors. This paper investigates and compares the pattern of network trade in East Asia and European Union. It confirms that, while network trade shows a “hub-and-spoke pattern” in European Union, it is more like a “network pattern” in East Asia. |
format |
article |
author |
Son Thanh Nguyen Yanrui Wu |
author_facet |
Son Thanh Nguyen Yanrui Wu |
author_sort |
Son Thanh Nguyen |
title |
Patterns of network trade: A comparison between East Asia and European union |
title_short |
Patterns of network trade: A comparison between East Asia and European union |
title_full |
Patterns of network trade: A comparison between East Asia and European union |
title_fullStr |
Patterns of network trade: A comparison between East Asia and European union |
title_full_unstemmed |
Patterns of network trade: A comparison between East Asia and European union |
title_sort |
patterns of network trade: a comparison between east asia and european union |
publisher |
Elsevier |
publishDate |
2021 |
url |
https://doaj.org/article/e3a20b86a0e4440e81f96d20f874cb07 |
work_keys_str_mv |
AT sonthanhnguyen patternsofnetworktradeacomparisonbetweeneastasiaandeuropeanunion AT yanruiwu patternsofnetworktradeacomparisonbetweeneastasiaandeuropeanunion |
_version_ |
1718373961265315840 |