East Asian Production Networks Amidst the COVID-19 Shock

Ayako Obashi ()

No DP-2021-10, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: In the East Asian context, previous studies showed that trade occurring through production networks remained relatively steady amidst an economic shock and recovered faster and stronger once the shock was over. Using finely disaggregated product-level monthly bilateral trade data, we examine whether network trade in the East Asian region has been robust and resilient in face of the COVID-19 crisis, as well as in normal times, by conducting a series of survival analyses. We find a new set of empirical evidence suggesting the robustness of East Asian network trade in normal times and its resilience even amidst the COVID-19 shock.

Keywords: East Asian production networks; COVID-19; survival analysis (search for similar items in EconPapers)
JEL-codes: F14 F23 (search for similar items in EconPapers)
Date: 2021-06-02
New Economics Papers: this item is included in nep-int, nep-isf and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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