Does intra-industry trade matter during economic crisis? An assessment of Malaysia-China trade

Yong, C.C. and Yew, S.Y. and Cheong, K.C. and Chin, M.Y. (2015) Does intra-industry trade matter during economic crisis? An assessment of Malaysia-China trade. International Journal of China Studies, 6 (1). pp. 31-44. ISSN 2180-3250

Full text not available from this repository.
Official URL: https://www.um.edu.my/docs/default-source/ics/ics-...

Abstract

China is Malaysia’s largest trading partner. A significant part of this trade is intra-industry trade (IIT), Malaysia being a major participant in global supply chains that end in China, increasingly the final processing destination. Two economic crises in a decade have raised the question of the link between IIT and economic crises-specifically whether crises impact IIT or whether participation in IIT can protect against external risks, including from crises. This study finds that IIT between Malaysia and China has not been impacted by the Asian Financial Crisis but somewhat by the Global Financial Crisis. As a corollary, IIT has offered some protection from the former crisis but not from the latter. These findings have several implications. First, the severity of a crisis matters for IIT. Second, a strategy of participation in global supply chains ultimately depends on technological and organizational capability.

Item Type: Article
Uncontrolled Keywords: China; Economic crisis; Intra-industry trade; Malaysia
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Economics & Administration
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 21 Sep 2018 04:21
Last Modified: 21 Sep 2018 04:21
URI: http://eprints.um.edu.my/id/eprint/19362

Actions (login required)

View Item View Item