AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting?
This paper examines ASEAN economic integration and its ability to promote intra-ASEAN trade, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. In order to achieve this goal, a modified gravity model is estimated within autoregressive distributed lag (ARDL) framework, or bounds testin...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Published: |
Canadian Center of Science and Education
2009
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/12958/ |
| _version_ | 1848841979204468736 |
|---|---|
| author | Siah, Kim Lan Choong, Chee Keong Yusop, Zulkornain |
| author_facet | Siah, Kim Lan Choong, Chee Keong Yusop, Zulkornain |
| author_sort | Siah, Kim Lan |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper examines ASEAN economic integration and its ability to promote intra-ASEAN trade, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. In order to achieve this goal, a modified gravity model is estimated within autoregressive distributed lag (ARDL) framework, or bounds testing approach for each of the five ASEAN countries based on data from year 1970 to year 2001. The empirical results indicate that the effects of the size of economy on bilateral trade flow in ASEAN are either trade-enhancing or trade-inhibiting dependent on the country-specific. There is evidence that AFTA preferential arrangements are important and prevalent in enhancing intra-ASEAN trade. However, ASEAN countries may not as a whole benefit from the formation of AFTA as the trade deflection might occur in the regional market. |
| first_indexed | 2025-11-15T07:51:50Z |
| format | Article |
| id | upm-12958 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-15T07:51:50Z |
| publishDate | 2009 |
| publisher | Canadian Center of Science and Education |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-129582015-06-24T03:25:20Z http://psasir.upm.edu.my/id/eprint/12958/ AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? Siah, Kim Lan Choong, Chee Keong Yusop, Zulkornain This paper examines ASEAN economic integration and its ability to promote intra-ASEAN trade, namely, Indonesia, Malaysia, Philippines, Singapore and Thailand. In order to achieve this goal, a modified gravity model is estimated within autoregressive distributed lag (ARDL) framework, or bounds testing approach for each of the five ASEAN countries based on data from year 1970 to year 2001. The empirical results indicate that the effects of the size of economy on bilateral trade flow in ASEAN are either trade-enhancing or trade-inhibiting dependent on the country-specific. There is evidence that AFTA preferential arrangements are important and prevalent in enhancing intra-ASEAN trade. However, ASEAN countries may not as a whole benefit from the formation of AFTA as the trade deflection might occur in the regional market. Canadian Center of Science and Education 2009-02 Article PeerReviewed Siah, Kim Lan and Choong, Chee Keong and Yusop, Zulkornain (2009) AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? International Journal of Economics and Finance, 1 (1). pp. 117-126. ISSN 1916-971X; ESSN: 1916-9728 http://www.ccsenet.org/journal/index.php/ijef/article/view/201 10.5539/ijef.v1n1p117 |
| spellingShingle | Siah, Kim Lan Choong, Chee Keong Yusop, Zulkornain AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? |
| title | AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? |
| title_full | AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? |
| title_fullStr | AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? |
| title_full_unstemmed | AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? |
| title_short | AFTA and the intra-trade patterns among ASEAN-5 economies: trade-enhancing or trade-inhibiting? |
| title_sort | afta and the intra-trade patterns among asean-5 economies: trade-enhancing or trade-inhibiting? |
| url | http://psasir.upm.edu.my/id/eprint/12958/ http://psasir.upm.edu.my/id/eprint/12958/ http://psasir.upm.edu.my/id/eprint/12958/ |