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Regional bias and intra-regional trade in southeast Asia

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  • John Thornton
  • Alessandro Goglio

Abstract

Southeast Asia exhibits a bias towards intra-regional trade but not one that is out of line with the size, growth rates and geographical proximity of these countries; there is more trade bias than exhibited by the EU but less than that of NAFTA and, unlike in the EU and NAFTA, southeast Asian trade bias has not increased in recent years. Tests using a gravity model of trade confirm the importance of economic size, geographic distance and common language in intra-region bilateral trade and also show that re-exports and membership of ASEAN have been important factors promoting intra-regional trade.

Suggested Citation

  • John Thornton & Alessandro Goglio, 2002. "Regional bias and intra-regional trade in southeast Asia," Applied Economics Letters, Taylor & Francis Journals, vol. 9(4), pages 205-208.
    • Handle: RePEc:taf:apeclt:v:9:y:2002:i:4:p:205-208
    DOI: 10.1080/13504850110058955
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    References listed on IDEAS

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    1. Frankel, Jeffrey A. & Kahler, Miles (ed.), 1994. "Regionalism and Rivalry," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226259994, December.
    2. Jeffrey A. Frankel, 1997. "Regional Trading Blocs in the World Economic System," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 72.
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    Cited by:

    1. Faruk Aydin & Hulya Saygili & Mesut Saygili & Gokhan Yilmaz, 2010. "Dis Ticarette Kuresel Egilimler ve Turkiye Ekonomisi," Working Papers 1001, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    2. Sapkota, Jeet Bahadur & Acharya, Chakra Pani & Minowa, Mari & Neupane, Pramila, 2018. "Trade integration in Asia: Trends and determinants," MPRA Paper 106063, University Library of Munich, Germany.
    3. Donny Tang, 2005. "Effects of the Regional Trading Arrangements on Trade: Evidence from the NAFTA, ANZCER and ASEAN Countries, 1989 - 2000," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(2), pages 241-265.
    4. Donny Tang, 2003. "The effect of European integration on trade with the APEC countries: 1981–2000," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 27(2), pages 262-278, June.
    5. Muhammad Siddique & Muhammad Abdul Quddus & Asim Iqbal, 2022. "Pakistan’s Global Trade Potential with Selected Trading Partners: A Gravity Model Approach Using Static and Dynamic Panel Data," iRASD Journal of Economics, International Research Alliance for Sustainable Development (iRASD), vol. 4(1), pages 25-37, March.
    6. Sapkota, Jeet Bahadur, 2020. "Integrating South Asia into Asia: Evidence from Trade Statistics," MPRA Paper 106097, University Library of Munich, Germany.
    7. Sapkota, Jeet Bahadur & Shuto, Motoko, 2016. "Is Pan-Asian Economic Integration Moving Forward? Evidence from Regional Trade Statistics," MPRA Paper 106075, University Library of Munich, Germany.
    8. M., Azali & Wong, K. S. Kelly & Lee, C. & Shafinaz, Ahmad Nazar, 2007. "The Asean-5 Future Currency: Maastricht Criteria," MPRA Paper 10272, University Library of Munich, Germany.
    9. Nasser Al-Mawali, 2005. "Bilateral intra-industry trade flows and intellectual property rights protection: first empirical evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 12(13), pages 823-828.

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