Abstract
This paper examines the composition of trade between the United States and eight Asian Pacific economies from 1962 to 1992. Analysis of the time series pattern of individual commodities at the SITC four-digit level reveals economically significant changes in the pattern of trade, reflecting changing comparative advantage based on changing factor proportions, technology transfer and product cycles. The composition of the eight bilateral trade relationships shows both increasing specialization over time, and a sequence from Japan to the four tigers, Korea, Taiwan, Singapore and Hong Kong, and then to the remaining three East Asian economies, Malaysia, Indonesia and Thailand.
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