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Analysis on International Trade of CLM Countries

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  • Nu Nu Lwin
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    Abstract

    Since their accession to AFTA, trade volumes of CLM countries have being grown rapidly while their trade patterns and directions have significantly changed. Recognizing the importance of international trade in CLM economies, this study attempts to analyze the trade patterns of CLM countries based the gravity model. The empirical analysis is conducted to identify the determining factors of each country’s bilateral trade flows and policy implications for promoting their trade.

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    File URL: http://ir.ide.go.jp/dspace/bitstream/2344/865/1/215.pdf
    File Function: First version, 2009
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    Bibliographic Info

    Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 215.

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    Date of creation: Aug 2009
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    Publication status: Published in IDE Discussion Paper. No. 215. 2009. 08
    Handle: RePEc:jet:dpaper:dpaper215

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    Related research

    Keywords: CLM Countries; ASEAN; East Asia; FTA; Bilateral Trade; Cambodia; Laos; Myanmar; International Trade;

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    1. Alan V. Deardorff, 1995. "Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?," NBER Working Papers 5377, National Bureau of Economic Research, Inc.
    2. Hassan, M. Kabir, 2001. "Is SAARC a viable economic block? evidence from gravity model," Journal of Asian Economics, Elsevier, vol. 12(2), pages 263-290.
    3. Simwaka, Kisu, 2006. "Dynamics of Malawi’s trade flows: a gravity model approach," MPRA Paper 1122, University Library of Munich, Germany.
    4. Nilsson, Lars, 2000. "Trade integration and the EU economic membership criteria," European Journal of Political Economy, Elsevier, vol. 16(4), pages 807-827, November.
    5. James G. MacKinnon & Halbert White, 1983. "Some Heteroskedasticity Consistent Covariance Matrix Estimators with Improved Finite Sample Properties," Working Papers 537, Queen's University, Department of Economics.
    6. Peter Drysdale, 2005. "Regional Cooperation in East Asia and FTA Strategies," Trade Working Papers 22016, East Asian Bureau of Economic Research.
    7. Buch, Claudia M. & Kleinert, Jorn & Toubal, Farid, 2004. "The distance puzzle: on the interpretation of the distance coefficient in gravity equations," Economics Letters, Elsevier, vol. 83(3), pages 293-298, June.
    8. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
    9. Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-16, March.
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    Cited by:
    1. Evelyn S. Devadason, 2013. "Whither Sub-Regional Cooperation? The CLMV Perspective," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 5(2), pages 1-36, July.
    2. Mohd Rosli, 2013. "Book Review: Small and Medium Enterprises (SMEs) Access to Finance in Selected East Asian Economies, by Charlies Harvie, Sothea Oum and Dionisius A. Narjoko, (eds), ERIA Research Project Report 2010-1," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 5(2), pages 159-160, July.

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