This paper aims to investigate the dynamic changes in comparative advantage of the ASEAN, China, Republic of Korea and Japan (commonly abbreviated as the ASEAN+3). By applying statistical and econometric methods on Revealed Symmetric Comparative Advantage (RSCA) index, this paper concludes that...

One of the main aims of the regionalism and economic integration is to encourage export performance, especially intra-regional trade. The Constant Market Shares (CMS) method is commonly to examine empirically the countries’ export performance. This paper is addressed to examine the regions’...

This research aims to analyze the impacts of fuel subsidy removal on Indonesian economy. Social Accounting Matrix (SAM) is applied to simulate the impact. The simulation shows that removal of fuel subsidy affected income distribution of households, firms, and governments. The impact of...

This paper consists of three main parts i.e. theory, analytical tool and case studies of comparative advantage. Firstly, we review the theory and various empirical measures of comparative advantage. We would argue that for the catching-up economies, like ASEAN countries, the meaning of...

Purpose – The purpose of this paper is to examine the Japan flying geese (FG) model and its implications for China. Design/methodology/approach – Data on exports and imports three-digit the standard international trade clasification (SITC) Revision 2 from UN-COMTRADE are employed. An...

This paper aims to examine the impact of changes in the Chinese renminbi (RMB) exchange rate against the United States (US) dollar on the ASEAN5 countries’ exports to the US. The Johansen cointegration test and Ordinary Least Square (OLS) regression are applied. The cointegration tests show...