Asian Regionalism and Its Effects on Trade in the 1980s and 1990s
Clarete, Ramon; Edmonds, Christopher; Wallack, Jessica Seddon | November 2002
Abstract
This brief explores the Asian Development Bank's technical assistance for expan"This paper begins by outlining the major preferential trade agreements (PTAs) in Asia and other regions and reviewing trends in trade flows. The paper uses a gravity model augmented with several sets of dummy variables to estimate the effect of various PTAs on trade flows within and across membership groupings as well as the effect of PTAs on members’ trade with Asian countries. On the basis of these estimates, we are able to categorize 11 major PTAs into those that increase intrabloc trade at the expense of their respective imports from the rest of the world; those that expand their respective trade among their members without reducing their trade with nonmembers; and those that reduce trade with nonmembers without significant changes in intrabloc trade. The authors also show that PTAs have augmented trade in Asia."ding microinsurance in Mongolia and the People's Republic of China.
Citation
Clarete, Ramon; Edmonds, Christopher; Wallack, Jessica Seddon. 2002. Asian Regionalism and Its Effects on Trade in the 1980s and 1990s. © Asian Development Bank. http://hdl.handle.net/11540/2067. License: CC BY 3.0 IGO.ISSN
1655-5252
Keywords
Trade Facilitation
Trade
Economic integration
Regional Economic Integration
Free Trade
Trade Agreements
Trade Policy
Economic Development
Economics
International Economics
Economic planning
Economic structure
Growth policy
Trade relations
Trade policy
Trade policy
Economic development
Regional economics
Economic forecasting
Economic development projects
Success in business
Business
Free trade
Business
Economics
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Citable URI
http://hdl.handle.net/11540/2067Metadata
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