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The changing pattern of East Asia’s growth

Author

Listed:
  • Heather Smith

    (Treasury, Government of Australia)

  • Garth Day

    (Treasury, Government of Australia)

  • Brian Thomas

    (Treasury, Government of Australia)

  • Luke Yeaman

    (Treasury, Government of Australia)

Abstract

China’s economic rise is increasingly affecting East Asian growth and trade. This article discusses the changing patterns of the region’s trade and considers whether business cycles in East Asian economies have become more synchronised. We find that China’s main impact to date has been through its role in driving intra-regional trade but we are unable to identify the relative influence of China from the many other factors powering East Asian growth.

Suggested Citation

  • Heather Smith & Garth Day & Brian Thomas & Luke Yeaman, 2005. "The changing pattern of East Asia’s growth," Economic Roundup, The Treasury, Australian Government, issue 1, pages 45-67, March.
    • Handle: RePEc:tsy:journl:journl_tsy_er_2005_1_2
    as

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    File URL: http://archive.treasury.gov.au/documents/958/PDF/05_changing_pattern.pdf
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    References listed on IDEAS

    as
    1. Backus, David K & Kehoe, Patrick J & Kydland, Finn E, 1992. "International Real Business Cycles," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 745-775, August.
    2. M. Ayhan Kose & Christopher Otrok & Charles H. Whiteman, 2003. "International Business Cycles: World, Region, and Country-Specific Factors," American Economic Review, American Economic Association, vol. 93(4), pages 1216-1239, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    China; economic growth; trade;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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