The evolving dynamics of industrial convergence among the member countries of the Regional Comprehensive Economic Partnership(RCEP)framework have emerged as a significant subject that merits in-depth consideration and...The evolving dynamics of industrial convergence among the member countries of the Regional Comprehensive Economic Partnership(RCEP)framework have emerged as a significant subject that merits in-depth consideration and analysis.This study initially employs multi-regional input-output(MRIO)data and the social network analysis(SNA)method to delineate the levels and variation trends of this industrial convergence across the RCEP member countries.It then delves into the positive effects of this convergence phenomenon on the trade and investment fields of the member countries.The research findings indicate:(a)In 2006 and 2015,before the implementation of the RCEP,the RCEP member countries displayed a relatively close industrial convergence.The convergence levels exhibited a general upward trend on both the supply and the demand sides,but there were significant disparities in the levels of industrial convergence among the member countries.Furthermore,while the convergence in the three economic sectors showed an increasing trend,the development was uneven across the board.(b)Since the implementation of the RCEP,the trade ties among the member countries within the region have strengthened significantly,and the interplay between the countries’industrial and supply chains has been characterized by high-quality collaboration and demonstrated remarkable resilience.In addition,the convergence in the investment fields of the RCEP member countries and their respective industries has unleashed a wave of positive synergies.These findings offer valuable insights that can serve as a robust foundation for formulating effective policies to advance the growth and prosperity of the RCEP region.展开更多
基金This paper is a phased achievement of the humanities and social sciences project of the Chongqing Municipal Education Commission entitled“Research on the Integrated Development of the Digital Economy and Manufacturing Industry in Chongqing under the Development Paradigm of Dual Circulation”(Project No.:21SKGH229).
文摘The evolving dynamics of industrial convergence among the member countries of the Regional Comprehensive Economic Partnership(RCEP)framework have emerged as a significant subject that merits in-depth consideration and analysis.This study initially employs multi-regional input-output(MRIO)data and the social network analysis(SNA)method to delineate the levels and variation trends of this industrial convergence across the RCEP member countries.It then delves into the positive effects of this convergence phenomenon on the trade and investment fields of the member countries.The research findings indicate:(a)In 2006 and 2015,before the implementation of the RCEP,the RCEP member countries displayed a relatively close industrial convergence.The convergence levels exhibited a general upward trend on both the supply and the demand sides,but there were significant disparities in the levels of industrial convergence among the member countries.Furthermore,while the convergence in the three economic sectors showed an increasing trend,the development was uneven across the board.(b)Since the implementation of the RCEP,the trade ties among the member countries within the region have strengthened significantly,and the interplay between the countries’industrial and supply chains has been characterized by high-quality collaboration and demonstrated remarkable resilience.In addition,the convergence in the investment fields of the RCEP member countries and their respective industries has unleashed a wave of positive synergies.These findings offer valuable insights that can serve as a robust foundation for formulating effective policies to advance the growth and prosperity of the RCEP region.
