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Measuring Regional Market Integration in Developing Asia: a Dynamic Factor Error Correction Model (DF-ECM) Approach

Qin, Duo; Cagas, Marie Anne; Ducanes, Geoffrey; … - Office of Regional Economic Integration, Asian … - 2007

This paper examines empirically the dynamic process of regional market integration in twelve Asian economies using a new modeling approach combining DF with ECM. This approach enables us to obtain latent regional dynamic factors which correspond well with the 'foreign' parity variables in theory...

Persistent link: https://www.econbiz.de/10005112562

Impediments to Growth of the Garment and Food Industries in Cambodia: Exploring Potential Benefits of the ASEAN-PRC FTA

Chheang, Vannarith; Hamanaka, Shintaro - Office of Regional Economic Integration, Asian … - 2011

This paper attempts to identify structural constraints to growth and exports within Cambodia’s key industries and to consider the policy actions needed to reduce obstacles to trade. The paper places special emphasis on Cambodia’s exports to the People’s Republic of China (PRC), given the...

Persistent link: https://www.econbiz.de/10009293007

The PRC’s Free Trade Agreements with ASEAN, Japan, and the Republic of Korea: A Comparative Analysis

PARK, DONGHYUN; Park, Innwon; Estrada, Gemma; Park, Soonchan - Office of Regional Economic Integration, Asian … - 2012

The role of the People’s Republic of China (PRC) in East Asia’s recovery from the recent global financial and economic crisis highlighted the PRC’s growing role as an engine of growth for the region. From the viewpoint of the PRC, there are many potential gains from entering into free...

Persistent link: https://www.econbiz.de/10009395588

Supporting the Growth and Spread of International Production Networks in Asia: How Can Trade Policy Help?

Menon, Jayant - Office of Regional Economic Integration, Asian … - 2013

Free trade agreements (FTAs) have been proliferating in Asia for more than a decade. International fragmentation of production and the resultant cross-border production networks have been growing for a much longer period. Although FTAs are not necessary for the formation of production networks,...

Persistent link: https://www.econbiz.de/10010841092

Critical Review of East Asia – South America Trade

Hamanaka, Shintaro; Tafgar, Aiken - Office of Regional Economic Integration, Asian … - 2013

There is a general consensus that trade between East Asia and South America is becoming increasingly important. However, we know little about the actual dynamic development of this inter-regional trade. This paper examines whether the trend of East Asia–South America trade is a general...

Persistent link: https://www.econbiz.de/10010841107

Measuring Commodity-Level Trade Costs in Asia: The Basis for Effective Trade Facilitation Policies in the Region

Hamanaka, Shintaro; Domingo, Romana - Office of Regional Economic Integration, Asian … - 2012

As tariffs are increasingly being reduced, trade economists and policymakers have begun to emphasize the importance of reducing non-tariff trade costs to facilitate international trade flows. However, the measurement of trade costs and transport costs, in particular, is not an easy task. For...

Persistent link: https://www.econbiz.de/10010841111

Is the ASEAN-Korea Free Trade Area (AKFTA) an Optimal Free Trade Area?

Park, Innwon; Park, Donghyun; Estrada, Gemma Esther B. - Office of Regional Economic Integration, Asian … - 2008

The 1997/98 Asian currency crisis has led a once high-flying East Asia to realize its vulnerability to external shocks. This realization has given strong impetus to greater economic integration among East Asian economies, with the ASEAN-Korea Free Trade Area (AKFTA) a case in point. This paper...

Persistent link: https://www.econbiz.de/10005112559

ASEAN’s Free Trade Agreements with the People’s Republic of China, Japan, and the Republic of Korea: A Qualitative and Quantitative Analysis

PARK, DONGHYUN; Park, Innwon; Estrada, Gemma; Park, Soonchan - Office of Regional Economic Integration, Asian … - 2011

Expanding trade with East Asia’s “Big Three” economic giants—the People’s Republic of China (PRC), Japan, and the Republic of Korea—offers a new potential source of growth for ASEAN in the post-global-crisis period. In fact, ASEAN has been actively pursuing trade liberalization with...

Persistent link: https://www.econbiz.de/10009142107

Assessing the trade impacts of the ASEAN+6 FTA : the case of Lao People’s Democratic Republic

suvannaphakdy, sithanonxay; Tang, Hsiao Chink; … - Office of Regional Economic Integration, Asian … - 2014

Using an unbalanced panel dataset of bilateral exports from 1992 to 2009, this paper assesses the potential trade impacts of the expansion of the Association of Southeast Asian Nations (ASEAN) to ASEAN+3 and ASEAN+6 on the Lao People’s Democratic Republic (Lao PDR). It finds that bilateral...

Persistent link: https://www.econbiz.de/10010890910

Commodity Prices and Monetary Policy in Emerging East Asia

Tang, Hsiao Chink - Office of Regional Economic Integration, Asian … - 2008

In the first-half of the global financial turmoil, rising inflation was a major concern for emerging East Asian central … addressing higher inflation or supporting moderate growth. Higher food and fuel prices were the major drivers of headline … inflation. Their causes, however, were a confluence of factors--whether cyclical or structural, domestic or global, supply or …

Persistent link: https://www.econbiz.de/10005029775