Abstract
In this chapter, we introduce the perspective of new economic geography (NEG) to the analysis of regional integration in East Asia. Economic development of East Asian countries has been often discussed based on the analogy of the ‘flying-geese’ pattern, related to the trickle-down effect of industrialization from advanced countries to less developed countries, leading to a spatial dispersion. From this perspective, locations of economic activities are determined by a comparison of production cost. The rapid catch-up of China in the 1990s has changed this characterization substantially. It is not only the seemingly unlimited cheap labour but also the quickly growing middle-class consumer market that attracts business as well as all kinds of activities in China. The orderly designed ‘flying-geese’ type of regional division of labour no longer applies as in the traditional form.KeywordsTransportation CostRegional IntegrationIntermediate GoodAgglomeration EconomyYangtze DeltaThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
