IDEAS home Printed from https://ideas.repec.org/a/eee/asieco/v22y2011i3p213-221.html
   My bibliography  Save this article

Factor adjustment implications of a free trade agreement between the United States and Thailand

Author

Listed:
  • Clark, Don P.

Abstract

Changes in intra-industry specialization indicators are used to assess factor adjustment pressures that may be experienced by U.S. and Thai industries from a proposed U.S.-Thailand Free Trade Agreement (FTA). Many industries experienced large increases in intra-industry trade over the 2000-2008 period. Ten U.S. industries are found to be candidates for factor adjustment pressures based on past experiences. These industries account for 38% of all U.S. imports from Thailand and 4% of imports from all trading partners. Results also show that nine Thai industries face possible adjustment pressures. These industries account for 9% of Thai imports from the United States. An FTA should result in a larger increase in U.S. exports to Thailand than U.S. imports from Thailand because Thai exporters face much lower tariffs in the U.S. market than do U.S. exporters in the Thai market.

Suggested Citation

  • Clark, Don P., 2011. "Factor adjustment implications of a free trade agreement between the United States and Thailand," Journal of Asian Economics, Elsevier, vol. 22(3), pages 213-221, June.
    • Handle: RePEc:eee:asieco:v:22:y:2011:i:3:p:213-221
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1049007811000182
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:zbw:bofitp:2007_001 is not listed on IDEAS
    2. Don Clark, 2009. "Intraindustry Specialization and the Proposed Korea-United States Free Trade Agreement," International Economic Journal, Taylor & Francis Journals, vol. 23(2), pages 181-195.
    3. Don P. Clark & Thomas M. Fullerton, Jr. & Duane Burdorf, 2001. "Intra-industry trade between The United States and México: 1993-1998," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 16(2), pages 167-183.
    4. Michael Thorpe & Zhaoyang Zhang, 2005. "Study of the Measurement and Determinants of Intra‐industry Trade in East Asia," Asian Economic Journal, East Asian Economic Association, vol. 19(2), pages 231-247, June.
    5. Abdul Azhar & Robert Elliott & Chris Milner, 1998. "Static and dynamic measurement of intra-industry trade and adjustment: A geometric reappraisal," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(3), pages 404-422, September.
    6. Chow, Peter & Kellman, Mitchell & Shachmurove, Yochanan, 1994. "East Asian NIC manufactured intra-industry trade 1965-1990," Journal of Asian Economics, Elsevier, vol. 5(3), pages 335-348.
    7. Sawyer, William C. & Sprinkle, Richard L. & Tochkov, Kiril, 2010. "Patterns and determinants of intra-industry trade in Asia," Journal of Asian Economics, Elsevier, vol. 21(5), pages 485-493, October.
    8. Clark Don P., 2010. "Intra-Industry Specialization in United States-Mexico Trade," Global Economy Journal, De Gruyter, vol. 10(2), pages 1-18, May.
    9. Xing, Yuqing, 2007. "Foreign direct investment and China's bilateral intra-industry trade with Japan and the US," Journal of Asian Economics, Elsevier, vol. 18(4), pages 685-700, August.
    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. Clark Don P., 2010. "Intra-Industry Specialization in United States-Mexico Trade," Global Economy Journal, De Gruyter, vol. 10(2), pages 1-18, May.
    2. Aggarwal, Sakshi, 2023. "Intra-industry trade: Revisiting theory and Literature Survey," MPRA Paper 117182, University Library of Munich, Germany.
    3. Don P. CLARK, 2007. "Intraindustry Specialization And The United States–Central America–Dominican Republic Free Trade Agreement," The Developing Economies, Institute of Developing Economies, vol. 45(4), pages 491-506, December.
    4. Don P. Clark, 2013. "Intra-Industry Specialization in United States--China Trade," The International Trade Journal, Taylor & Francis Journals, vol. 27(3), pages 225-242, August.
    5. Sawyer, William C. & Sprinkle, Richard L. & Tochkov, Kiril, 2010. "Patterns and determinants of intra-industry trade in Asia," Journal of Asian Economics, Elsevier, vol. 21(5), pages 485-493, October.
    6. Sakshi Aggarwal & Debashis Chakraborty, 2022. "Which Factors Influence India’s Bilateral Intra-Industry Trade? Cross-Country Empirical Estimates," Working Papers 2260, Indian Institute of Foreign Trade.
    7. C.T. Vidya & K.P. Prabheesh, 2019. "Intra-Industry Trade Between India And Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 0(12th BMEB), pages 1-20, January.
    8. Mitchell Kellman & Mitchell Yochanan Shachmurove, 2012. "Trade Sophistication in a Transition Economy: Poland 1980–2009," Working Papers 64, Department of Applied Econometrics, Warsaw School of Economics.
    9. Shinichi Furuzawa & Lily Kiminami, 2017. "Changes in the international specialization of food manufacturing industry in East Asia," Asia-Pacific Journal of Regional Science, Springer, vol. 1(2), pages 359-378, October.
    10. Nathapornpan Piyaareekul Uttama, 2012. "Some new evidence on intra-industry trade and complex FDI in ASEAN countries: a spatial panel approach," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 4(1/2), pages 116-131.
    11. Justyna Lapinska, 2016. "Determinant Factors Of Intra-Industry Trade: The Case Of Poland And Its European Union Trading Partners," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(2), pages 251-264, June.
    12. Krzysztof Beck, 2020. "Determinants of Intra-Industry Trade: An Investigation with Bma for the European Union," Journal of International Business Research and Marketing, Inovatus Services Ltd., vol. 5(6), pages 19-22, September.
    13. Nobuaki Hamaguchi & Silvio Miyazaki & Leonardo Correia, 2014. "State Space Application to Recent Automobile Sector Triangle Trade between Japan and Latin America," Discussion Paper Series DP2014-05, Research Institute for Economics & Business Administration, Kobe University.
    14. Abdul Azhar & Robert Elliott, 2003. "On the measurement of trade-induced adjustment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 139(3), pages 419-439, September.
    15. Fullerton, Thomas M., Jr. & Sawyer, W. Charles & Sprinkle, Richard L., 2010. "Intra-industry trade in Latin America and the Caribbean," MPRA Paper 34854, University Library of Munich, Germany, revised 2011.
    16. Yuqing Xing, 2008. "Sino-Japanese Relations: The Dimensions of Trade and FDI," Working Papers EMS_2008_06, Research Institute, International University of Japan.
    17. Claudio Candia Campano & Medardo Aguirre González & Lilliam Antón López & Javier Beltrán Valdebenito, 2018. "A gravity model of trade for Nicaraguan agricultural exports," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(74), pages 391-428, July.
    18. ERLAT Guzin & ERLAT Haluk, 2010. "Intra-Industry Trade and Labour Market Adjustment in Turkey," EcoMod2003 330700049, EcoMod.
    19. Mitchell H. Kellman & Yochanan Shachmurove, 2013. "Exports And Development Montenegro 2006-2012," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 9(3), pages 29-44.
    20. Maritza Sotomayor, 2016. "Vertical Specialization of Production: Critical Review and Empirical Evidence for the Mexican Manufacturing Industries 1994-2014," International Journal of Business and Social Research, LAR Center Press, vol. 6(2), pages 11-28, February.

    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:eee:asieco:v:22:y:2011:i:3:p:213-221. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/asieco .

    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.