IDEAS home Printed from https://ideas.repec.org/p/jet/dpaper/dpaper801.html
   My bibliography  Save this paper

Assessing the impact of China shocks on the trade creation effect in ASEAN

Author

Listed:
  • Hayakawa, Kazunobu

Abstract

Policymakers in ASEAN countries are concerned that an explosive increase in imports from China has dampened intra-ASEAN trade. This study empirically examines the effect of imports from China on intra-ASEAN trade. We employ a two-step approach. First, we estimate the product-level gravity equation with the full set of fixed effects on intra-ASEAN trade. Second, we regress the estimates of importer-product-year-fixed effects on the share of imports from China that constitute all imports in addition to intra-ASEAN tariffs. As is consistent with the concern above, we found that from 2000 to 2015, increases in ASEAN imports from China reduced intra-ASEAN trade by 20%. Such an increase in imports from China is equivalent to the rise of intra-ASEAN tariffs by 20%.

Suggested Citation

  • Hayakawa, Kazunobu, 2020. "Assessing the impact of China shocks on the trade creation effect in ASEAN," IDE Discussion Papers 801, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper801
    as

    Download full text from publisher

    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=51877&item_no=1&attribute_id=22&file_no=1
    File Function: First version, 2020
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    China shocks; ASEAN; Trade creation effect; International trade;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jet:dpaper:dpaper801. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michitaka Imamitsu (email available below). General contact details of provider: https://edirc.repec.org/data/idegvjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.