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comparison of Asia's regional integration performance with those of other regions of the world. As a second step, the constructed … indicator of regional integration outcomes is used as the output variable in a data envelopment analysis (DEA) to estimate Asia …
Persistent link: https://www.econbiz.de/10011317823
Launched as a political bloc and security pact in the aftermath of the Viet Nam War, the Association of Southeast Asian Nations (ASEAN) has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community (AEC) by 31 December 2015. Fulfilling these...
Persistent link: https://www.econbiz.de/10011281269
This paper presents two empirical tools to quantify the impacts of tariff changes on bilateral trade and welfare. Both tools are rooted in the structural gravity literature. The first tool estimates the impact of tariff changes on bilateral trade for 5,020 products in a partial equilibrium...
Persistent link: https://www.econbiz.de/10012820833
Asian economies and between Asia and the rest of the world. It pays special attention to the value-added relationships among … than the direct linkages. Finally, there is an increased tendency in Asia for both "near selling" of the value added in …
Persistent link: https://www.econbiz.de/10013373223
The Regional Comprehensive Economic Partnership (RCEP) presents strong potential to mold regional trade and investment patterns well into the future and to influence the direction of global economic cooperation at a challenging time. This paper evaluates the RCEP and estimates its potential...
Persistent link: https://www.econbiz.de/10012664623
agreements in Asia based on manufacturing requirements, this study aims to identify the factors explaining the stringency of RCEP … Asia and reduce firms' costs of compliance in developing economies. It also demonstrates the need to strengthen aid for … trade in policy and negotiations in developing Asia. …
Persistent link: https://www.econbiz.de/10014465200
This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank …'s Republic of China (PRC) trade conflict would shave 1% off PRC GDP and 0.2% off US GDP. The rest of developing Asia could see …
Persistent link: https://www.econbiz.de/10011945023
This paper argues that developing Asia is overlooking an opportunity for increased growth and development through trade … in business services. Developing Asia would benefit from liberalizing services trade as it has benefited from … liberalizing goods trade. This argument rests on these key findings: business services are important for growth, developing Asia is …
Persistent link: https://www.econbiz.de/10009695955
The issue of decoupling is controversial. On the back of Asia's sustained high growth, the hypothesis that the region …'s business cycles would become increasingly independent of the global trend gained considerable attention. Asia was nonetheless … of macroeconomic interdependence between emerging East Asia and Group of 3 economies. First, the progress of regional …
Persistent link: https://www.econbiz.de/10011581854
In this paper, we propose a panel approach in the construction of the Asia-Pacific Regional Cooperation and Integration … principal components analysis. Findings suggest the pace of integration in Asia was broadly steady over the 11-year sample …. Based on global normalization, Asia comes second to the European Union (EU) in progress on regional integration, but in …
Persistent link: https://www.econbiz.de/10011856331