Trade, Foreign Firms, and Economic Policy in Indonesian and Thai Manufacturing

William E. James and Eric Ramstetter ()
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William E. James: Nathan Associates, Inc.

No 78, Economics Study Area Working Papers from East-West Center, Economics Study Area

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.

JEL-codes: F13 F14 F23 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2005-05
New Economics Papers: this item is included in nep-int and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Journal Article: Trade, foreign firms and economic policy in Indonesian and Thai manufacturing (2008)
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