The spatial structure of the Asia-Pacific economy: Applications of international input-output analysis
This study explores the techniques of interregional input-output analysis and also advances the techniques that are particularly relevant to international input-output analysis so as to investigate the spatial structure of the Asia-Pacific economy. In addition, we will discuss the compilation of international input-output tables. The analysis methods explored in this study are as follows: First, the techniques of matrix partitioning will be explored for the two- and three-region systems. In particular, we will investigate the routes of inducement relationships and the magnitude of multiplier effects on the basis of Round's decomposition method. Also, two kinds of analysis of trade will be advanced for the bilateral input-output model. Namely, the analysis of balance of payments reveals factors of bilateral balance of payments, while that of comparative advantage presents an alternative to Leontief's method of measuring comparative advantage. Secondly, applicability of the supply-driven model to the linkage analysis will be examined before discussing the spatial linkage measures. This is because causality of output stimulation in the supply-driven model is consistent with the original conception of forward linkages, but it may involve an unacceptable assumption on the production relationship. Concerning the spatial linkage measures, we will examine the logical basis for the hypothetical extraction method, other measures of spatial linkages, and measures of spatial sectoral linkages. Further, in order to complement the analysis of spatial linkage, we will explore the analysis of spatial hierarchical structure, such as triangularization of net direct dependencies, net backward or forward dependencies. Also, the feedback loop input-output analysis will be shown to represent the circular relation of the regional economies. Finally, the above analysis methods will be applied to the 1975 and 1985 Korea-Japan input-output tables, the 1975 ASEAN and 1985 Asian international input-output tables in order to investigate the spatial structure of the Asia-Pacific economy. Especially, we will focus on the economic relationship of the Asian developing countries with the U.S. and Japan. Also, we will compare the spatial structure of the Asia-Pacific economy with that of the EC economy.
Year of publication: |
1995-01-01
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Authors: | Kuroiwa, Ikuo |
Publisher: |
ScholarlyCommons |
Saved in:
freely available
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