China-ASEAN export rivalry in the US market
Document Type
Journal article
Source Publication
Journal of the Asia Pacific Economy
Publication Date
1-1-2003
Volume
8
Issue
2
First Page
157
Last Page
179
Publisher
Routledge
Keywords
Shift\-share, Competitiveness, China, Asean\-4, Synergy, Crisis
Abstract
In this paper, the degree of export rivalry or competition among China and ASEAN-4 (Malaysia, Singapore, Thailand and Indonesia) is examined using the shift-share methodology. Our results show that overall China was more competitive than ASEAN-4 in its exports to the US. China was more competitive in manufacturing exports whereas ASEAN-4 fared better in agricultural or primary exports. China's advantages in export growth and industry structure vis-à-vis ASEAN-4 were less pronounced before, than after, the onset of the Asian financial crisis, implying that the crisis has indeed affected ASEAN-4 more than China. It has been contended that China's advantage in manufacturing exports could have been accentuated by Hong Kong' production in South China, which has been counted in US trade statistics as China's exports to the US. After disentangling Hong Kong's production in China, the degree of rivalry between China and ASEAN-4 is significantly reduced. Our analysis points to the role of sub-regional production synergy in boosting a country''s export competitiveness.
DOI
10.1080/1354786032000074721
Print ISSN
13547860
E-ISSN
14699648
Publisher Statement
Copyright © 2003 Taylor & Francis
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Voon, J. P., & Yue, R. (2003). China-ASEAN export rivalry in the US market. Journal of the Asia Pacific Economy, 8(2), 157-179. doi: 10.1080/1354786032000074721