Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade

This study aims to examine the impact of the implementation of ASEAN Free Trade Area (AFTA) and the announcement of ASEAN Economic Community (AEC) on the intra-regional trade between the ASEAN member countries and their trading partners at aggregate level as well as at sectoral level, namely the agr...

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Main Author:	Wong, Colin Koh King
Format:	Thesis
Language:	English English
Published:	2010
Subjects:	International trade Free trade - Southeast Asia Regionalism - Southeast Asia
Online Access:	http://psasir.upm.edu.my/id/eprint/19473/1/FEP_2010_13_F.pdf
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id	my-upm-ir.19473
record_format	uketd_dc
spelling	my-upm-ir.194732013-04-08T05:27:55Z Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade 2010-11 Wong, Colin Koh King This study aims to examine the impact of the implementation of ASEAN Free Trade Area (AFTA) and the announcement of ASEAN Economic Community (AEC) on the intra-regional trade between the ASEAN member countries and their trading partners at aggregate level as well as at sectoral level, namely the agro-based and manufacturing sectors. The empirical findings show that the implementation of AFTA and the announcement of AEC, as well as sectoral-based trade play important roles in attracting trade between ASEAN member countries. In terms of relative importance of sectoral level, the empirical results show that intra-trade for manufacturing sectors are more significant than the agro-based sectors. Also, the study also examines the role of the three major global players, namely the US, Japan and China, in influencing the intra-regional trade between ASEAN member countries. This further proves that the three major global players (United States, Japan and China) also demonstrate important roles in stimulating trade between the ASEAN member countries. The gravity model with panel data estimation is employed and the sample countries consist of ASEAN 5 and its forty primary trading partners. From the basic gravity variables, the empirical results find that GDP, population, relative endowment, distance and common language are the major determinants of bilateral trade in ASEAN. International trade Free trade - Southeast Asia Regionalism - Southeast Asia 2010-11 Thesis http://psasir.upm.edu.my/id/eprint/19473/ http://psasir.upm.edu.my/id/eprint/19473/1/FEP_2010_13_F.pdf application/pdf en public masters Universiti Putra Malaysia International trade Free trade - Southeast Asia Regionalism - Southeast Asia Faculty of Economics and Management English
institution	Universiti Putra Malaysia
collection	PSAS Institutional Repository
language	English English
topic	International trade Free trade - Southeast Asia Regionalism - Southeast Asia
spellingShingle	International trade Free trade - Southeast Asia Regionalism - Southeast Asia Wong, Colin Koh King Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade
description	This study aims to examine the impact of the implementation of ASEAN Free Trade Area (AFTA) and the announcement of ASEAN Economic Community (AEC) on the intra-regional trade between the ASEAN member countries and their trading partners at aggregate level as well as at sectoral level, namely the agro-based and manufacturing sectors. The empirical findings show that the implementation of AFTA and the announcement of AEC, as well as sectoral-based trade play important roles in attracting trade between ASEAN member countries. In terms of relative importance of sectoral level, the empirical results show that intra-trade for manufacturing sectors are more significant than the agro-based sectors. Also, the study also examines the role of the three major global players, namely the US, Japan and China, in influencing the intra-regional trade between ASEAN member countries. This further proves that the three major global players (United States, Japan and China) also demonstrate important roles in stimulating trade between the ASEAN member countries. The gravity model with panel data estimation is employed and the sample countries consist of ASEAN 5 and its forty primary trading partners. From the basic gravity variables, the empirical results find that GDP, population, relative endowment, distance and common language are the major determinants of bilateral trade in ASEAN.
format	Thesis
qualification_level	Master's degree
author	Wong, Colin Koh King
author_facet	Wong, Colin Koh King
author_sort	Wong, Colin Koh King
title	Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade
title_short	Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade
title_full	Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade
title_fullStr	Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade
title_full_unstemmed	Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade
title_sort	impact of asean free trade area and asean economic community on intra-asean trade
granting_institution	Universiti Putra Malaysia
granting_department	Faculty of Economics and Management
publishDate	2010
url	http://psasir.upm.edu.my/id/eprint/19473/1/FEP_2010_13_F.pdf
_version_	1747811390342561792

Impact of ASEAN Free Trade Area and ASEAN Economic Community on Intra-ASEAN Trade

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