Whither Sub-Regional Cooperation? The CLMV Perspective
Recent debates advocate that closer sub-regional cooperation may be an excellent start to stronger regional cooperation. The study investigates this proposition for the case of CLMV countries that remain less integrated into the ASEAN region, based on their trade links with China. In this respect, the China-CLMV trade flows are examined, prior to detailing the role of China as a core trading partner to CLMV, within the context of intra-ASEAN regionaland intra-GMS sub-regional synergies. The study points out that overall, the CLMV trade relations with China remain unbalanced in terms of volume and structure of trade. Nevertheless, sub-regional membership of CLMV in the GMS is found to be relevant for deepening China-CLMV trade ties for two reasons. First, China plays a greater catalytic role, along the dimension of an export destination, in enhancing intra-GMS trade relative to intra-ASEAN trade. Second, common border effects are found to be significant only for sub-regional trade, consistent with border trade as the modality of cooperation within the GMS.
Volume (Year): 5 (2013)
Issue (Month): 2 (July)
|Contact details of provider:|| Postal: Lembah Pantai, 50603 Kuala Lumpur|
Web page: http://ijie.um.edu.my
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ishida, Masami, 2005. "Effectiveness and Challenges of Three Economic Corridors of the Greater Mekong Sub-region," IDE Discussion Papers 35, Institute of Developing Economies, Japan External Trade Organization(JETRO).
- Soloaga, Isidro & Alan Wintersb, L., 2001.
"Regionalism in the nineties: what effect on trade?,"
The North American Journal of Economics and Finance,
Elsevier, vol. 12(1), pages 1-29, March.
- Soloaga, Isidro & Winters, L. Alan, 1999. "Regionalism in the Nineties: What Effect on Trade?," CEPR Discussion Papers 2183, C.E.P.R. Discussion Papers.
- Kei-Mu Yi, 2003. "Can Vertical Specialization Explain the Growth of World Trade?," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 52-102, February.
- Kei-Mu Yi, 2000. "Can vertical specialization explain the growth of world trade?," Staff Reports 96, Federal Reserve Bank of New York.
- Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters,in: International Handbook on the Economics of Integration, Volume I, chapter 2 Edward Elgar Publishing.
- Richard E. Baldwin, 2006. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade," The World Economy, Wiley Blackwell, vol. 29(11), pages 1451-1518, November.
- Baldwin, Richard, 2006. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade," CEPR Discussion Papers 5775, C.E.P.R. Discussion Papers.
- Richard Baldwin, 2007. "Multilateralising Regionalism: Sphagetti Bowls as building Blocs on the Path to Global Free Trade," Working Papers id:1231, eSocialSciences.
- Richard Baldwin, 2006. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade," NBER Working Papers 12545, National Bureau of Economic Research, Inc.
- Bergstrand, Jeffrey H, 1985. "The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 474-481, August.
- Longyue Zhao, 2008. "China's emerging regional trade policy," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing, vol. 1(1), pages 21-35, January.
- 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, 03.
- R J R Elliott & K Ikemoto, 2003. "AFTA and the Asian Crisis: Help or Hindrance to ASEAN Intra-Regional Trade?," The School of Economics Discussion Paper Series 0311, Economics, The University of Manchester.
- Smith, Pamela J., 1999. "Are weak patent rights a barrier to U.S. exports?," Journal of International Economics, Elsevier, vol. 48(1), pages 151-177, June.
- Masami ISHIDA, 2009. "Special Economic Zones and Economic Corridors," Working Papers d019, Economic Research Institute for ASEAN and East Asia (ERIA).
- Sawkut Rojid, 2006. "COMESA trade potential: a gravity approach," Applied Economics Letters, Taylor & Francis Journals, vol. 13(14), pages 947-951.
- I-Hui Cheng & Howard J. Wall, 2005. "Controlling for heterogeneity in gravity models of trade and integration," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 49-63.
- I-Hui Cheng & Howard J. Wall, 2004. "Controlling for heterogeneity in gravity models of trade and integration," Working Papers 1999-010, Federal Reserve Bank of St. Louis.
- Bhagwati, Jagdish, 2008. "Termites in the Trading System: How Preferential Agreements Undermine Free Trade," OUP Catalogue, Oxford University Press, number 9780195331653.
- E. Baldwin, Richard & Seghezza, Elena, 2010. "Are Trade Blocs Building or Stumbling Blocs?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 25, pages 276-297.
- Sandra Poncet, 2006. "Economic Integration of Yunnan with the Greater Mekong Subregion ," Asian Economic Journal, East Asian Economic Association, vol. 20(3), pages 303-317, 09.
- Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann, 2003. "Augmented Gravity Model: An Empirical Application to Mercosur-European Union Trade Flows," Journal of Applied Economics, Universidad del CEMA, vol. 6, pages 291-316, November.
- Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July.
- Pasaran, M.H. & Im, K.S. & Shin, Y., 1995. "Testing for Unit Roots in Heterogeneous Panels," Cambridge Working Papers in Economics 9526, Faculty of Economics, University of Cambridge.
- Tom Doan, "undated". "IPSHIN: RATS procedure to implement Im, Pesaran and Shin panel unit root test," Statistical Software Components RTS00098, Boston College Department of Economics.
- Toshihiro KUDO, 2009. "Border Area Development in the GMS: Turning the Periphery into the Center of Growth," Working Papers d018, Economic Research Institute for ASEAN and East Asia (ERIA).
- Nu, Nu Lwin, 2009. "Analysis on International Trade of CLM Countries," IDE Discussion Papers 215, Institute of Developing Economies, Japan External Trade Organization(JETRO).
- Brada, Josef C & Mendez, Jose A, 1983. "Regional Economic Integration and the Volume of Intra-Regional Trade: A Comparison of Developed and Developing Country Experience," Kyklos, Wiley Blackwell, vol. 36(4), pages 589-603.
- Edmonds, Christopher & La Croix, Sumner & Li, Yao, 2008. "China trade: Busting gravity's bounds," Journal of Asian Economics, Elsevier, vol. 19(5-6), pages 455-466.
- Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-116, March. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:umk:journl:v:5:y:2013:i:2:p:1-36. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Professor Dr. Rajah Rasiah)
If references are entirely missing, you can add them using this form.