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The transition of postwar Asia-Pacific trade relations

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  • Endoh, Masahiro

Abstract

The purpose of this paper is to examine the feature and the transition of trade in the Asia-Pacific region during the post-World War II period. The paper employs the gravity model with some regional dummy variables to estimate trade flows among 80 economies through temporal cross-section data analysis, for approximately every five-year-term from 1960 to 1994. Its main findings are the following: First, ASEAN has had no effect of its own on promoting trade among its member countries. Second, the volume of trade among EAEC has been at a high level compared with the hypothetical trade level since 1960. Third, the amount of trade between EAEC economies and other APEC countries has been growing throughout the postwar period. Fourth, there has been close trade relations among APEC economies plus some other Asian countries.
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  • Endoh, Masahiro, 1999. "The transition of postwar Asia-Pacific trade relations," Journal of Asian Economics, Elsevier, vol. 10(4), pages 571-589.
    • Handle: RePEc:eee:asieco:v:10:y:1999:i:4:p:571-589
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    5. Cardamone, Paola, 2007. "A Survey of the Assessments of the Effectiveness of Preferential Trade Agreements using Gravity Models," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 60(4), pages 421-473.
    6. Nowak-Lehmann D., Felicitas & Herzer, Dierk & Martínez-Zarzoso, Inmaculada & Vollmer, Sebastian, 2005. "Turkey and the Ankara Treaty of 1963: What can Trade Integration Do for Turkish Exports," University of Göttingen Working Papers in Economics 43, University of Goettingen, Department of Economics.
    7. Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann, 2003. "Augmented Gravity Model: An Empirical Application to Mercosur-European Union Trade Flows," Journal of Applied Economics, Universidad del CEMA, vol. 6, pages 291-316, November.
    8. Misa Okabe, . "The Impact of ASEAN +1 FTAs on ASEAN's Trade," Chapters, in: Lili Yan Ing (ed.), East Asian Integration (First Edition), chapter 2, pages 25-66, Economic Research Institute for ASEAN and East Asia (ERIA).
    9. Misa OKABE, 2015. "Impact of Free Trade Agreements on Trade in East Asia," Working Papers DP-2015-01, Economic Research Institute for ASEAN and East Asia (ERIA).
    10. NOWAK-LEHMANN D., Felicitas & HERZER, Dierk & VOLLMER, Sebastian, 2007. "The Free Trade Agreement Between Chile And The Eu: Its Potential Impact On Chile’S Export Industry," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(1).
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    14. Inmaculada Martinez-Zarzoso, 2003. "Gravity model: An application to trade between regional blocs," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 31(2), pages 174-187, June.
    15. Vaishnavi venkatesh & Ranajoy Bhattacharyya, 2014. "The ASEAN Free Trade Agreement:How Effective?," Working Papers 1425, Indian Institute of Foreign Trade.
    16. Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann D., 2003. "Augmented gravity model: An empirical application to Mercosur- European trade flows," International Trade 0309019, University Library of Munich, Germany.
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