IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/77990.html
   My bibliography  Save this paper

Inter- and Intra-ASEAN Regional Trade

Author

Listed:
  • Widodo, Tri

Abstract

The CEPT scheme for the ASEAN Free Trade Area (AFTA) is established to promote regional economic growth by accelerating liberalization in intra-ASEAN trade and investment. This paper aims to analyze the major trade trends in the ASEAN region. The inter- and intra-regional trade analyses yield some conclusions. First, there have been changes in the geographic destinations for the ASEAN countries’ exports. Although Japan, the EU and the NAFTA are still dominant trade partners, China (Mainland), Hong Kong and Taiwan have increasingly become important geographic destinations for the ASEAN countries’ exports. Second, the five original ASEAN members have dominated the intra-ASEAN regional trade. Third, there are positive relationships between the size of country and the share of intra-regional trade in the region. Fourth, the intra-ASEAN regional trade has been larger (intense) than expected given the ASEAN’s importance in world trade, except Cambodia. Fifth, Constant Market Share analysis shows that the exports performance of ASEAN countries are mainly determined by the general rise in the world market. The establishment of AFTA, however, could increase competitiveness of ASEAN countries’ export and change the exports destinations for a while.

Suggested Citation

  • Widodo, Tri, 2009. "Inter- and Intra-ASEAN Regional Trade," MPRA Paper 77990, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:77990
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/77990/1/MPRA_paper_77990.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Drysdale, Peter & Garnaut, Ross, 1982. "Trade Intensities and the Analysis of Bilateral Trade Flows in a Many-Country World : A Survey," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 22(2), pages 62-84, February.
    2. Denise Stanley & Sirima Bunnag, 2001. "A new look at the benefits of diversification: lessons from Central America," Applied Economics, Taylor & Francis Journals, vol. 33(11), pages 1369-1383.
    3. Robert J. R. Elliott & Kengo Ikemoto, 2004. "AFTA and the Asian Crisis: Help or Hindrance to ASEAN Intra‐Regional Trade?," Asian Economic Journal, East Asian Economic Association, vol. 18(1), pages 1-23, March.
    4. Richardson, J. David, 1971. "Constant-market-shares analysis of export growth," Journal of International Economics, Elsevier, vol. 1(2), pages 227-239, May.
    5. Athukorala, Prema-chandra & Yamashita, Nobuaki, 2006. "Production fragmentation and trade integration: East Asia in a global context," The North American Journal of Economics and Finance, Elsevier, vol. 17(3), pages 233-256, December.
    6. Ng, Francis & Yeats, Alexander, 2003. "Major trade trends in East Asia : what are their implications for regional cooperation and growth," Policy Research Working Paper Series 3084, The World Bank.
    7. Jeffrey A. Frankel, 1997. "Regional Trading Blocs in the World Economic System," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 72, October.
    8. Jan Fagerberg & Gunnar Sollie, 1987. "The method of constant market shares analysis reconsidered," Working Papers Archives 1987001, Centre for Technology, Innovation and Culture, University of Oslo.
    9. Yeats, Alexander J, 1990. "Do African Countries Pay More for Imports? Yes," The World Bank Economic Review, World Bank, vol. 4(1), pages 1-20, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Guillaume Daudin & Christine Rifflart & Danielle Schweisguth, 2011. "Who produces for whom in the world economy?," Canadian Journal of Economics, Canadian Economics Association, vol. 44(4), pages 1403-1437, November.
    2. Peter A. Petri, 2006. "Is East Asia becoming more interdependent?," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    3. repec:hal:spmain:info:hdl:2441/5l6uh8ogmqildh09h4dj9499g is not listed on IDEAS
    4. Guo, Zhichao & Feng, Yuanhua & Tan, Xiangyong, 2011. "Short- and long-term impact of remarkable economic events on the growth causes of China–Germany trade in agri-food products," Economic Modelling, Elsevier, vol. 28(6), pages 2359-2368.
    5. 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).
    6. Richard Baldwin & Toshihiro Okubo, 2014. "Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates," The World Economy, Wiley Blackwell, vol. 37(8), pages 1051-1080, August.
    7. Jérôme Trotignon, 2009. "L'intégration régionale favorise-t-elle la multilatéralisation des échanges ?," Post-Print halshs-00335633, HAL.
    8. Tri WIDODO & Diyah PUTRIANI, 2011. "RMB Devaluation and Asean5 Countries’ Exports to the US: Complementary or Substitute?," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 8, pages 169-184, December.
    9. Amita Batra, 2010. "Asian Economic Integration ASEAN+3+1 or ASEAN+1s?," Working Papers id:2734, eSocialSciences.
    10. repec:pra:mprapa:15377 is not listed on IDEAS
    11. Hooy, Chee-Wooi & Siong-Hook, Law & Tze-Haw, Chan, 2015. "The impact of the Renminbi real exchange rate on ASEAN disaggregated exports to China," Economic Modelling, Elsevier, vol. 47(C), pages 253-259.
    12. Guillaume Daudin & Christine Rifflart & Danielle Schweisguth, 2008. "Value-Added Trade and Regionalization. GTAP Eleventh Annual Conference 'Future of Global Economy', Helsinki, Finland," Sciences Po publications info:hdl:2441/9541, Sciences Po.
    13. Amita Batra, 2006. "Asian Economic Integration: ASEAN+3+1 or ASEAN+1s?," Indian Council for Research on International Economic Relations, New Delhi Working Papers 186, Indian Council for Research on International Economic Relations, New Delhi, India.
    14. Escaith, Hubert, 2021. "Revisiting constant market share analysis: An exercise applied to NAFTA," Estudios y Perspectivas – Sede Subregional de la CEPAL en México 47123, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    15. Ervani, Eva & Widodo, Tri & M. Purnawan, Edhie, 2018. "East Asia’s Pattern of Export Specialization: Does Indonesia Compete with Japan, China, Hong Kong, Korea and Singapore?," MPRA Paper 85259, University Library of Munich, Germany.
    16. repec:hal:spmain:info:hdl:2441/9541 is not listed on IDEAS
    17. Soumyananda Dinda, 2014. "China integrates Asia with the world: an empirical study," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing Limited, vol. 7(2), pages 70-89, May.
    18. Amita Batra, 2006. "Asian Economic Integration ASEAN+3+1 or ASEAN+1s?," Trade Working Papers 22143, East Asian Bureau of Economic Research.
    19. Jan Fagerberg & Martin Srholec, 2004. "Structural Changes in International Trade. Cause, Impact and Response," Revue économique, Presses de Sciences-Po, vol. 55(6), pages 1071-1097.
    20. Martínez-Zarzoso, Inmaculada & Voicu, Anca M. & Vidovic, Martina, 2011. "CEECs Integration into Regional Production Networks. Trade Effects of EU-Accession," Proceedings of the German Development Economics Conference, Berlin 2011 55, Verein für Socialpolitik, Research Committee Development Economics.
    21. Rahul Sen & Sadhana Srivastava, 2012. "Asia' s international production networks: Will India be the next assembly centre?," Working Papers 11812, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    22. Dirk WILLENBOCKEL & Sherman ROBINSON, "undated". "The Global Financial Crisis, LDC Exports and Welfare: Analysis with a World Trade Model," EcoMod2009 21500092, EcoMod.
    23. Trotignon, Jérôme, 2010. "Does Regional Integration Promote the Multilateralization of Trade Flows?: a Gravity Model Using Panel Data," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 25, pages 223-251.

    More about this item

    Keywords

    Inter- and Intra-regional trade; Trade Intensity; ASEAN.;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

    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:pra:mprapa:77990. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.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.