1887

OECD Science, Technology and Industry Working Papers

The OECD Directorate for Science, Technology and Innovation (STI) leads OECD research on the contribution of science, technology and industry to well-being and economic growth. STI Working Papers cover a broad range of topics including definition and measurement of science and technology indicators, global value chains, and research on policies to promote innovation. These technical or analytical working papers are prepared by staff or outside consultants to share early insights and elicit feedback.

English

Recent Developments in Asian Economic Integration

Measuring Indicators of Trade Integration and Fragmentation

This paper analyses the contribution to and engagement in global supply chains of Asian emerging economies by measuring several globalisation indicators based on the harmonised input-output and bilateral trade databases developed by the OECD. It focuses on major structural changes in the Asian trade network from the perspective of integration and fragmentation in global supply chains. It shows that greater fragmentation and higher dependence on supplies of intermediate goods and services from neighbouring countries have gone hand-in-hand and led to deepening economic integration between ASEAN and East Asia. ASEAN policy makers, therefore, need to consider their integration strategies from the perspective of the whole East Asian region and not just among ASEAN countries themselves.

English

JEL: F15: International Economics / Trade / Economic Integration; F14: International Economics / Trade / Empirical Studies of Trade; O19: Economic Development, Innovation, Technological Change, and Growth / Economic Development / International Linkages to Development; Role of International Organizations
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