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International Production Networks in Machinery Industries: Structure and Its Evolution
This paper intensively employs annual international trade statistics obtained from the UN Comtrade and examines to what degree East Asian countries have participated in global production networks in comparison with countries in other regions and whether East Asia's intra-regional trade in machinery is different from extra-regional trade and transactions by other regions. It provides strong evidence of the formation of East Asian production networks, particularly in the form of expansion of exports and imports of parts & components, often ICT-related. It also traces the development of intra-regional markets of both parts & components and finished products since 2000.