We use cookies on this website to give you a better user experience. By continuing to browse the site, you are agreeing to our use of cookies. Learn more

East Asian Production Networks Amidst the COVID-19 Shock

East Asian Production Networks Amidst the COVID-19 Shock
Date:
2 June 2021
Category:
COVID-19, Trade
Authors:
Ayako Obashi
Tags:
COVID-19, East Asia, Trade

Print Article:

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. 

This research was conducted as a part of the project ‘ERIA Research on COVID-19’ at the Economic Research Institute for ASEAN and East Asia (ERIA).

East Asian Production Networks Amidst the COVID-19 Shock

Search ERIA.org

Latest Multimedia

Indonesia's ASEAN Chairmanship 2023 High-Level Policy Dialogue: ASEAN Digital Community 2045

ERIA Knowledge Lab Discusses Scaling Up Innovation and Digital Technology Ecosystem

Is ASEAN Ready for Electric Vehicles? | ASEAN Insights Podcast

Related Articles

COVID-19, digitalisation, India, industry and manufacturing
1 June 2021
Editor(s)/Author(s): Subash Sasidharan, Ketan Reddy
This study investigates the role of digital infrastructure in shaping the global value chain (GVC) participation of[...]
ASEAN, COVID-19, Macroeconomy, Regional Integration
31 May 2021
Editor(s)/Author(s):
This paper conducts a comparative review of the evolution of the economic crisis generated by the coronavirus disease (COVID-19) pandemic and the[...]