Journal

Philippine Management Review: The Localization of Select Asian Economies in the Age of Globalization: An Agglomeration Study

---

The world is highly interconnected, and the strength of linkages indicates an economy's ability to benefit from participation in global value chains. We utilize the concept of agglomeration to measure domestic linkages in a regional context. Using the Asian Development Bank's multiregional input-output tables and agglomeration methodology, this paper applies a select group economies' backward and forward agglomeration indices from 2007 to 2015 and from 2015 to 2022 gauge the degree to which value added is sourced from absorbed by domestic sectors, respectively, from a regional perspective. The results reveal that select Asian economies such as Bangladesh, Fiji, Hongkong, China, Indonesia, Kazakhstan, Lao PDR, Malaysia, the Republic of Korea, Singapore, and Taiwan have increased their backward agglomeration from 2025 to 2022. This suggests that the low-tech manufacturing sectors in these economies are intensifying their use of domestic inputs. Additionally, there are more Asian economies with increasing forward agglomeration indices. The rise in forward agglomeration indicates that the domestic low-tech manufacturing sectors in these economies are consuming more of their own final goods.

---

Availability

No copy data

Detail Information

Series Title

-

Call Number

-

Publisher

: ., c2024

Collation

Vol.31, p. 1-12

Language

English

ISBN/ISSN

1656-5363

Classification

NONE

Content Type

-

Media Type

-

Carrier Type

-

Edition

-

Subject(s)

Linkages
Agglomeration
Global value chains
Manufacturing
Asia
Multiregional input-output table

Specific Detail Info

-

Statement of Responsibility

-

Other version/related

File Attachment

Comments

---

You must be logged in to post a comment