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Sequential development of light industry among the northeast Asian countries and its feasibility of the flying geese model

Lee, Dong Han LU (2011) EKHR21 20111
Department of Economic History
Abstract
It is frequently claimed that what is known as the “flying geese model” of dynamic comparative advantage has with few mistakes explained the East Asian catching up process. This paper offers a critical study on, especially from the prospect of South Korea, whether the flying geese model is acceptable to explain the economic relations among the three Northeast Asian countries, South Korea, Japan, and China, which has with time intervals experienced a remarkable economic growth since 1950s, in other words, whether there exists catching up process among the three countries. This paper firstly presents the brief definition of the flying geese model and focuses on the international aspect among the three aspect of the flying geese model. It... (More)
It is frequently claimed that what is known as the “flying geese model” of dynamic comparative advantage has with few mistakes explained the East Asian catching up process. This paper offers a critical study on, especially from the prospect of South Korea, whether the flying geese model is acceptable to explain the economic relations among the three Northeast Asian countries, South Korea, Japan, and China, which has with time intervals experienced a remarkable economic growth since 1950s, in other words, whether there exists catching up process among the three countries. This paper firstly presents the brief definition of the flying geese model and focuses on the international aspect among the three aspect of the flying geese model. It secondly explores what role land reform and foreign direct investment (FDI) played as a driving force of the economic development in the respective country. And lastly, it focuses on trilateral economic dynamism among the Northeast countries in their economic development process. It then comes to the conclusion that there is some difference between theory and reality and that the flying geese model is not adoptable to the Northeast Asia region as catch-up process model any longer. If you please, it is the author’s hope that this paper will make minor contribution to the further enrichment of discussions or study on the Northeast Asian economic development process and its dynamism. (Less)
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author
Lee, Dong Han LU
supervisor
organization
course
EKHR21 20111
year
type
H1 - Master's Degree (One Year)
subject
keywords
Flying Geese Model, Land reform, Foreign direct investment, Northeast Asian countries, Economic growth, Structural change
language
English
id
2172590
date added to LUP
2012-03-29 14:16:18
date last changed
2012-03-29 14:16:18
@misc{2172590,
  abstract     = {It is frequently claimed that what is known as the “flying geese model” of dynamic comparative advantage has with few mistakes explained the East Asian catching up process. This paper offers a critical study on, especially from the prospect of South Korea, whether the flying geese model is acceptable to explain the economic relations among the three Northeast Asian countries, South Korea, Japan, and China, which has with time intervals experienced a remarkable economic growth since 1950s, in other words, whether there exists catching up process among the three countries. This paper firstly presents the brief definition of the flying geese model and focuses on the international aspect among the three aspect of the flying geese model. It secondly explores what role land reform and foreign direct investment (FDI) played as a driving force of the economic development in the respective country. And lastly, it focuses on trilateral economic dynamism among the Northeast countries in their economic development process. It then comes to the conclusion that there is some difference between theory and reality and that the flying geese model is not adoptable to the Northeast Asia region as catch-up process model any longer. If you please, it is the author’s hope that this paper will make minor contribution to the further enrichment of discussions or study on the Northeast Asian economic development process and its dynamism.},
  author       = {Lee, Dong Han},
  keyword      = {Flying Geese Model,Land reform,Foreign direct investment,Northeast Asian countries,Economic growth,Structural change},
  language     = {eng},
  note         = {Student Paper},
  title        = {Sequential development of light industry among the northeast Asian countries and its feasibility of the flying geese model},
  year         = {2011},
}