Myanmar's non-resource export potential after the lifting of economic sanctions : a gravity model analysis
AbstractEasing of economic sanctions by Western countries in 2012 augmented the prospect that Myanmar will expand its exports. This study projects Myanmarâ€™s export potential by calculating counterfactual exports with gravity equation regressions using data from 10 Asian countries. Its empirical results indicate that Myanmarâ€™s actual exports of non-resource goods during 2005â€“2010 were oneâ€“fifth of their potential, implying that exports to neighbouring countries did not compensate for exports lost to Western sanctions. Restored access to the U.S. market is expected to enhance Myanmarâ€™s exports, particularly of apparel.
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Bibliographic InfoPaper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 426.
Date of creation: Aug 2013
Date of revision:
Publication status: Published in IDE Discussion Paper. No. 426. 2013.8
Postal: Publication Office, IDE 3-2-2 Wakaba, Mihama-ku, Chiba-shi, Chiba 261-8545 JAPAN
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
- F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-09-13 (All new papers)
- NEP-CWA-2013-09-13 (Central & Western Asia)
- NEP-INT-2013-09-13 (International Trade)
- NEP-SEA-2013-09-13 (South East Asia)
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