Factor Accumulation and the Pattern of Trade in East and South-East Asia in the Post War Period

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We have generated indicators of the accumulation of factors for seven countries in East and South-East Asia. The number of people whose final education is primary, secondary or advanced level education is estimated for each year betwen 1960 and 1990 using annual school enrolment data and the breakdown of the population by final education in one or two years between 1960 and 1990. The existing capital stock is estimated for each year from annual gross national investment data with an adjustment for depreciation. These indicators are then used as possible determinants of net trade positions in broadly classified production sectors. The seven countries attained a rapid popularization of shcool education at all levels. Primary education has reached near the point of saturation in these countries by 1990. This is true with secondary education in some countries but not in others. Advanced education continues to be spread among the population in these countries. Capital accumulation also proceeded rapidly. Countries exhibited convergence in the level of capital stock relative to GDP from 1960 to 1990. Countries tended to move away from net exports of primary sector goods to secondary sector goods as secondary school education became more wide-spread. The number of people whose final education is primary school education is negatively associated with the net trade position in almost all sectors. The impact of advanced education is not clearly identifiable from our studies. Accumulation of capital (including social overhead capital) positively affected the net trade position in agriculture-related sectors, mineral fuels, and machinery and transport equipment, but its effect in other sectors are negative and statistically insignificant.
日本大学の論文
1994-03-31

著者

横川和男
日本大学経済学部

Factor Accumulation and the Pattern of Trade in East and South-East Asia in the Post War Period

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