ECONOMIC ANALYSIS OF ASEAN FREE TRADE AREA; BY A COUNTRY PANEL DATA

Nguyễn Trung Kiên · Yoshizo Hashimoto

37 citations0/0 files storedRePEc: Research Papers in Economics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Global trade and economics Global Trade and Competitiveness Economic and Technological Innovation

Abstract

This paper is an attempt to use the Hausman-Taylor (HT) estimation to examine the determinants of trade flows of Asean Free Trade Area (AFTA).Based on the two-way error component form of the gravity model, we employ the HT technique to estimate export flows by a country panel data of 39 countries for the period 1988-2002.The estimations have shown the following important results.Firstly, export flows among two countries increase more proportionately with GDPs.More interestingly, trade is higher between countries of identical preferences than those of different ones.Secondly, the most crucial result is that AFTA has only produced the trade creation among its members.Finally, this study suggests the importance of trade facilitation policy to support the targets of FTA.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 37 citations exist upstream.

References

1979Increasing returns, monopolistic competition, and international trade 1979A Theoretical Foundation for the Gravity Equation.1985The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence 1989The Generalized Gravity Equation, Monopolistic Competition, and the Factor-Proportions Theory in International Trade 1995Trading blocs and the Americas: The natural, the unnatural, and the super-natural 1997Proper Econometric Specification of the Gravity Model 2000A note on the proper econometric specification of the gravity equation 2016The Effect of the EEC and BETA on European Trade: A Temporal Cross-Section Analysis

Cited by

2010Does Regional Integration Promote the Multilateralization of Trade Flows?: a Gravity Model Using Panel Data 2006Determinants of AFTA Members’ Trade Flows and Potential for Trade Diversion 2014The link between regional integration agreements, trade flows and economic crisis 2009The Gravity Model and the Test for the Regional Integration Effect: The Case of Tanzania 2013Brunei Darussalam’s Trade Potential and ASEAN Economic Integration: A Gravity Model Approach

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.