Export competitiveness of China and ASEAN in the U.S. market
ASEAN Economic Bulletin
This article provides a comparison of the changing patterns of export share, product mix, industry structure and export growth among China and ASEAN-4 (Indonesia, Malaysia, Singapore and Thailand) as exporters of primary commodities, labour-intensive goods as well as capital-intensive manufactures to their common U.S. import market. The degree of export rivalry or competition among China and ASEAN-4 in the U.S. market is examined by using a conventional shift-share methodology. Changes in ASEAN-China's relative real exchange rate, export composition, as well as changes in their trade patterns, insofar as they might have effects on the export shares of the ASEAN-4 and China to the United States, are considered. The study points unequivocally to some rivalry effects from China on the ASEAN-4's exports to the United States. Some of the possible approaches to attaining a propitious outcome of the competition, and ways to ameliorate adverse effects of the rivalry are raised and discussed.
Copyright © 1998 Institute of Southeast Asian Studies
Voon, J. P. (1998). Export competitiveness of China and ASEAN in the U.S. market. ASEAN Economic Bulletin, 14(3), 273-291.