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In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. For … the purpose, Asia is defined as inclusive of ASEAN, the plus three economies of China, Japan, Korea and India that is the … ASEAN plus four. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the alignment of the plus …
Persistent link: https://www.econbiz.de/10009365146
In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. For … the purpose, Asia is defined as inclusive of ASEAN, the plus three economies of China, Japan, Korea and India that is the … ASEAN plus four. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the alignment of the plus …
Persistent link: https://www.econbiz.de/10011807593
In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia …. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the alignment of China, Japan, Korea and …
Persistent link: https://www.econbiz.de/10008598647
Three years ago, very few economists would have imagined that one of the newest and fastest growing research areas in international trade is the use of quantitative trade models to estimate the economic welfare losses from dissolutions of major countries' economic integration agreements (EIAs)....
Persistent link: https://www.econbiz.de/10012026353
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10011560677
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
International trade in manufacturing goods has risen strongly over the past decades, contributing to the expansion of global value chains (GVCs). This paper studies how two factors contributed to this rise since 1970: (i) declining "border effects" that are arguably related to the ICT revolution...
Persistent link: https://www.econbiz.de/10012216588
. With China now having formed 12 FTAs and negotiating five new ones (including a sixteen member Asia-Pacific FTA), the …
Persistent link: https://www.econbiz.de/10011764996
This paper studies the role of reduced barriers to international trade from two dimensions: (i) the implementation of Free Trade Agreements and (ii) declining "border effects". Our empirical estimates suggest that diminished border effects accounts for the bulk of the increase in international...
Persistent link: https://www.econbiz.de/10011868281
India signed a FTA with ASEAN in the year 2009 came into effect on 1 January 2010. The paper looks in to the trade impact of India ASEAN Free Trade Agreement using an augmented Gravity model using a panel data framework. The study used a balanced panel data set of 11050 bilateral trade for 650...
Persistent link: https://www.econbiz.de/10012929325