Manufacturing Competitiveness in East Asian Countries: Challenges and Prospects

Yunhua Liu () and Sarah Chan ()
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Yunhua Liu: School of Public Administration and Policy, Renmin University of China, 59 Zhongguancun Street, Haidian District, Beijing 100872, P. R. China
Sarah Chan: School of Humanities and Social Sciences, Nanyang Technological University, 14 Nanyang Drive, Singapore 637332, Singapore

China Economic Policy Review (CEPR), 2014, vol. 03, issue 01, 1-26

Abstract: We use a panel data set of seven East Asian countries for the time period 2000–2010 to evaluate the importance of four determinants for manufacturing competitiveness by estimation the proxy export equation. The four main determinants examined are demander's national income, real effective exchange rate (REER), unit labor cost and provision of infrastructure. The results show the importance is changing with country's characteristics. Raising labor productivity and improving infrastructure are two universal requirements for long-term competitiveness in manufacturing.

Keywords: East Asian; manufacturing competitiveness (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1142/S1793969014500046

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