The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010

The ASEAN Free Trade Agreement (AFTA) was set up in 1993 and has already shown significant effects by 2010. This study empirically investigates the effect of trade creation on intra-ASEAN trade for the period of 1986 to 2010. Using the gravity model, we find that major determinants of bilateral tr...

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Main Authors: Ismail, Normaz Wana, Wong, Collin Koh King
Format: Article
Language:English
Published: Universiti Putra Malaysia Press 2013
Online Access:http://psasir.upm.edu.my/id/eprint/30861/
http://psasir.upm.edu.my/id/eprint/30861/1/The%20Effects%20of%20ASEAN%20Free%20Trade%20Agreement.pdf
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author Ismail, Normaz Wana
Wong, Collin Koh King
author_facet Ismail, Normaz Wana
Wong, Collin Koh King
author_sort Ismail, Normaz Wana
building UPM Institutional Repository
collection Online Access
description The ASEAN Free Trade Agreement (AFTA) was set up in 1993 and has already shown significant effects by 2010. This study empirically investigates the effect of trade creation on intra-ASEAN trade for the period of 1986 to 2010. Using the gravity model, we find that major determinants of bilateral trade in ASEAN are GDP, population, relative endowment, distance and common border. A dummy variable is introduced to measure the intra-ASEAN trade and trade creation among five ASEAN member countries. Our finding suggests that trade between the selected member countries remains strong even during the 1997 Asian Financial Crisis and the 2008 Global Financial Crisis.
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spelling upm-308612015-09-21T01:16:48Z http://psasir.upm.edu.my/id/eprint/30861/ The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010 Ismail, Normaz Wana Wong, Collin Koh King The ASEAN Free Trade Agreement (AFTA) was set up in 1993 and has already shown significant effects by 2010. This study empirically investigates the effect of trade creation on intra-ASEAN trade for the period of 1986 to 2010. Using the gravity model, we find that major determinants of bilateral trade in ASEAN are GDP, population, relative endowment, distance and common border. A dummy variable is introduced to measure the intra-ASEAN trade and trade creation among five ASEAN member countries. Our finding suggests that trade between the selected member countries remains strong even during the 1997 Asian Financial Crisis and the 2008 Global Financial Crisis. Universiti Putra Malaysia Press 2013-09 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/30861/1/The%20Effects%20of%20ASEAN%20Free%20Trade%20Agreement.pdf Ismail, Normaz Wana and Wong, Collin Koh King (2013) The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010. Pertanika Journal of Social Sciences & Humanities, 21 (spec. Sep.). pp. 115-124. ISSN 0128-7702; ESSN: 2231-8534 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JSSH%20Vol.%2021%20%28S%29%20Sep.%202013/08%20Page%20115-124.pdf
spellingShingle Ismail, Normaz Wana
Wong, Collin Koh King
The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010
title The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010
title_full The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010
title_fullStr The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010
title_full_unstemmed The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010
title_short The effects of ASEAN Free Trade Agreement (AFTA) on intra ASEAN trade: 1986-2010
title_sort effects of asean free trade agreement (afta) on intra asean trade: 1986-2010
url http://psasir.upm.edu.my/id/eprint/30861/
http://psasir.upm.edu.my/id/eprint/30861/
http://psasir.upm.edu.my/id/eprint/30861/1/The%20Effects%20of%20ASEAN%20Free%20Trade%20Agreement.pdf