Australian - Thai Trade: Has the Free Trade Agreement Made a difference?
Date
2011
Authors
Athukorala, Premachandra
Kohpaiboon, Archanun
Journal Title
Journal ISSN
Volume Title
Publisher
Blackwell Publishing Ltd
Abstract
This article examines the impact of the Thailand-Australia Free Trade Agreement (TAFTA) on bilateral trade between the two countries, paying attention to the implications of rules of origin and the utilisation of tariff preferences. It is found that trade has expanded faster since TAFTA came into effect, but the impact has heavily concentrated in a few product lines in Australian imports from Thailand, reflecting the influence of commodity-specific, supply-side factors which have a bearing on the rate of preference utilisation. The findings, inter alia, suggest that the use of officially announced preference rates in trade flow modelling is likely to exaggerate trade flow effects of free trade agreements.
Description
Keywords
Keywords: bilateral agreement; free trade; import; trade agreement; trade flow; Australia; Thailand
Citation
Collections
Source
The Australian Economic Review
Type
Journal article
Book Title
Entity type
Access Statement
License Rights
Restricted until
2037-12-31