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2024-6
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Title of the article Sectoral Structure of the Big Three NEA Economies: Tendencies of 2000–2022
Pages 105-115
Author Krivodubova Yulia ValerievnaKrivodubova Yulia Valerievna
junior research fellow
Economic Research Institute FEB RAS
153, Tikhookeanskaya Street, Khabarovsk, Russia, 680042
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ORCID: 0000-0003-1203-2117
Abstract Based on analysis of the sectoral composition of the GDP of the Big Three NEA countries (Japan, Republic of Korea, China) within the framework of the three-sector model of the economy during the post- industrial development in 2000–2022 the article identifies the trends in changing of primary, secondary and tertiary industries in the GDP structure, gives sectoral structural characteristics of each country’s GDP. It was determined that during the reviewed period China’s economy regardless of the lowest «tertialization» and the sectoral structure close to that one of the world GDP in 1970–1980-s, due to China’s global leadership in certain areas of innovation inter alia, was able not only to bypass the rest of the Big Three NEA countries, but as the world’s second largest economy it also has the smallest lag behind the United States, despite of the ongoing policy of containment towards China. Due to growing complexity of global economic system as well as the trends for reindustrialization and technological race, the need to revise the traditional generally accepted sectoral structure of the economy is identified as a general scientific task.
Code 338+339
DOI 10.14530/reg.2024.6.105
Keywords post-industrial economy, NEA, Japan, Republic of Korea, China, sectoral structure, service sector, «tertialization» of economy, innovation, reindustrialization
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For citation Krivodubova Yu.V. Sectoral Structure of the Big Three NEA Economies: Tendencies of 2000–2022. Regionalistica [Regionalistics]. 2024. Vol. 11. No. 6. Pp. 105–115. http://dx.doi.org/10.14530/reg.2024.6.105 (In Russian)
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