Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective
This paper examines the impact of economic factors on bilateral trade flows between Malaysia and the GCC through estimations of panel data using a gravity model. In particular, the paper compares the determinants of bilateral trade and trade potentials between Malaysia and two regions, the non-tradi...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Routledge
2014
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| Online Access: | http://psasir.upm.edu.my/id/eprint/34374/ http://psasir.upm.edu.my/id/eprint/34374/1/Leveraging%20trade%20opportunities%20with%20non-traditional%20partners%20the%20Malaysia%E2%80%93GCC%20perspective.pdf |
| _version_ | 1848847754602741760 |
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| author | Devadason, Evelyn Shyamala Baharumshah, Ahmad Zubaidi Subramaniam, Thirunaukarasu |
| author_facet | Devadason, Evelyn Shyamala Baharumshah, Ahmad Zubaidi Subramaniam, Thirunaukarasu |
| author_sort | Devadason, Evelyn Shyamala |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper examines the impact of economic factors on bilateral trade flows between Malaysia and the GCC through estimations of panel data using a gravity model. In particular, the paper compares the determinants of bilateral trade and trade potentials between Malaysia and two regions, the non-traditional Gulf alliance and the traditional ASEAN counterpart, to provide insights for leveraging opportunities through trade with the former. The gravity estimates imply the importance of size effects, similarities in GDP and differences in factor endowments as drivers of trade flows between Malaysia and the GCC, underlying the fact that inter-industry trade dominates these flows. The opposite holds in the case for the Malaysia–ASEAN trade. Though export potentials for industrial products per se appear exhausted in trade with both regions, the Gulf region provides opportunities for Malaysia to export quantity-based final (end-use) products and to diversify its exporting strategy away from quality-based parts and components. |
| first_indexed | 2025-11-15T09:23:38Z |
| format | Article |
| id | upm-34374 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T09:23:38Z |
| publishDate | 2014 |
| publisher | Routledge |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-343742016-08-19T08:30:38Z http://psasir.upm.edu.my/id/eprint/34374/ Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective Devadason, Evelyn Shyamala Baharumshah, Ahmad Zubaidi Subramaniam, Thirunaukarasu This paper examines the impact of economic factors on bilateral trade flows between Malaysia and the GCC through estimations of panel data using a gravity model. In particular, the paper compares the determinants of bilateral trade and trade potentials between Malaysia and two regions, the non-traditional Gulf alliance and the traditional ASEAN counterpart, to provide insights for leveraging opportunities through trade with the former. The gravity estimates imply the importance of size effects, similarities in GDP and differences in factor endowments as drivers of trade flows between Malaysia and the GCC, underlying the fact that inter-industry trade dominates these flows. The opposite holds in the case for the Malaysia–ASEAN trade. Though export potentials for industrial products per se appear exhausted in trade with both regions, the Gulf region provides opportunities for Malaysia to export quantity-based final (end-use) products and to diversify its exporting strategy away from quality-based parts and components. Routledge 2014 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/34374/1/Leveraging%20trade%20opportunities%20with%20non-traditional%20partners%20the%20Malaysia%E2%80%93GCC%20perspective.pdf Devadason, Evelyn Shyamala and Baharumshah, Ahmad Zubaidi and Subramaniam, Thirunaukarasu (2014) Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective. The Pacific Review, 27 (1). pp. 97-122. ISSN 0951-2748; ESSN: 1470-1332 http://www.tandfonline.com/doi/abs/10.1080/09512748.2013.848377 10.1080/09512748.2013.848377 |
| spellingShingle | Devadason, Evelyn Shyamala Baharumshah, Ahmad Zubaidi Subramaniam, Thirunaukarasu Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective |
| title | Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective |
| title_full | Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective |
| title_fullStr | Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective |
| title_full_unstemmed | Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective |
| title_short | Leveraging trade opportunities with non-traditional partners: the Malaysia–GCC perspective |
| title_sort | leveraging trade opportunities with non-traditional partners: the malaysia–gcc perspective |
| url | http://psasir.upm.edu.my/id/eprint/34374/ http://psasir.upm.edu.my/id/eprint/34374/ http://psasir.upm.edu.my/id/eprint/34374/ http://psasir.upm.edu.my/id/eprint/34374/1/Leveraging%20trade%20opportunities%20with%20non-traditional%20partners%20the%20Malaysia%E2%80%93GCC%20perspective.pdf |