A Note on Effects of Economic Development in China: Climbing Technology Ladder and Trade Surplus in East Asia

Kazuhiro Igawa
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Kazuhiro Igawa: Kobe University

Kobe Economic & Business Review, 2006, vol. 50, 1-16

Abstract: A general survey of East Asian economic integration is sketched, including economic developments of China and ASEAN. Fast economic development of China is an issue in early 21st Century. Specific characteristics of economic developments in China and ASEAN are shown, using simple model of increasing return and of regional segmentation. International divisions of labor in East Asia are discussed, depending on the model. Trade balance surplus of China with respect to US is compared with the case of Japan-US trade conflicts. Foreign exchange rate system, including Renminbi, in East Asia is also investigated.

Keywords: Development of China; Division of labor in East Asia; Appreciation of Renminbi (search for similar items in EconPapers)
JEL-codes: F42 (search for similar items in EconPapers)
Date: 2006
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