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Reconstructing the Concept of "Single Market and Production Base" for ASEAN beyond 2015

Author

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  • Fukunari KIMURA

    (Economic Research Institute for ASEAN and East Asia (ERIA))

Abstract

This paper examines the true meaning of the key word of ASEAN economic integration “single market and production base.” Heading for “single market” is a right direction to go, but “single market” cannot literally be achieved with two-dimensional development gaps: geographical and industrial. The paper claims that “single or integrated production base” should be prioritized to narrow the development gaps and direct ASEAN toward “single market.”

Suggested Citation

  • Fukunari KIMURA, 2013. "Reconstructing the Concept of "Single Market and Production Base" for ASEAN beyond 2015," Working Papers DP-2013-25, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:dp-2013-25
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    File URL: http://www.eria.org/ERIA-DP-2013-25.pdf
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    References listed on IDEAS

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    1. Baldwin, Richard, 2011. "21st century regionalism: Filling the gap between 21st century trade and 20th century trade rules," WTO Staff Working Papers ERSD-2011-08, World Trade Organization (WTO), Economic Research and Statistics Division.
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    Cited by:

    1. Setyastuti, Rini & Adiningsih, Sri & Widodo, Tri, 2018. "ASEAN Economic Community: Theoretical versus Practical Economic Integration," MPRA Paper 86919, University Library of Munich, Germany.
    2. Setyastuti, Rini & Adiningsih, Sri & Widodo, Tri, 2018. "The Dynamics of Comparative Advantage in the ASEAN Region," MPRA Paper 86541, University Library of Munich, Germany.
    3. Setyastuti, Rini & Adiningsih, Sri & Widodo, Tri, 2018. "The Role of Governance Quality in Increasing Intra-ASEAN Trade," MPRA Paper 85258, University Library of Munich, Germany.

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    More about this item

    Keywords

    economic integration; price equalization; factor mobility; development gaps; the 2nd unbundling;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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