Intra-trade potentials of ASEAN : evidence from gravity model /
In international trade, economic theory has highlighted its composition but delves less into its volume and direction, which are of more political and economic importance to countries. Intra-ASEAN trade is found to be very small. This study endeavors to make a formal analysis of the main determina...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
Kuala Lumpur :
Department of Economics, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia,
2002
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| Subjects: | |
| Online Access: | Click here to view 1st 24 pages of the thesis. Members can view fulltext at the specified PCs in the library. |
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| Summary: | In international trade, economic theory has highlighted its composition but delves less into its volume and direction, which are of more political and economic importance to countries. Intra-ASEAN trade is found to be very small. This study endeavors to make a formal analysis of the main determinants of intra-ASEAN bilateral trade and the existence of trade creation or trade diversion. Based on cross-sectional data, the gravity model is estimated for three periodsf; 1985, 1995 and 2000. The results obtained do indicate that intra-ASEAN trade is consistent with the standard gravity model. The inclusion of the ASEAN and APEC dummy variables suggest that trade-creating benefits are emerging amongst ASEAN member countries though APEC is a wider economic grouping. ASEAN countries do have great potentials to enhancing intra-regional trade through further trade liberalization. |
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| Item Description: | "A research paper submitted in partial fulfilment of the requirement for the degree of Master of Economics."--On t.p. |
| Physical Description: | x, 47 leaves ; 30 cm. |
| Bibliography: | Includes bibliographical references (leaves 43-47). |