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Trade, foreign firms and economic policy in Indonesian and Thai manufacturing

William E. James and Eric Ramstetter ()

Journal of Asian Economics, 2008, vol. 19, issue 5-6, 413-424

Abstract: This paper first examines the rapid growth and changing composition of manufactured exports in Indonesia and Thailand, highlighting the rapid growth of office and computer machinery and electric machinery, somewhat slower growth of non-electric and transportation machinery, as well as the low growth of previously large exports of textiles apparel. Second, the important contributions of foreign multinational enterprises (MNEs) to export growth in the machinery industries, particularly in electric, office, and computing machinery, are documented. Third, the paper describes trade policies in all these industries in some detail, emphasizing how low protection was a key facilitator of rapid export growth in the MNEs that dominated the electric, office, and computing machinery industry, while high protection reduced incentives to export among MNEs in the transportation machinery industry.

Keywords: Indonesia; Multinational; corporations; Tariffs; Thailand; Trade (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Working Paper: Trade, Foreign Firms, and Economic Policy in Indonesian and Thai Manufacturing (2005) Downloads
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