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The impact of the ACFTA on ASEAN-PRC trade: estimates based on an extended gravity model for component trade

Sheng, Yu; Tang, Hsiao Chink; Xu, Xinpeng

Description

This article uses an extended gravity model to examine the impact of the free trade agreement between the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on their trade flows and patterns. New determinants are utilized to capture the growing importance of global production sharing and intraregional trade in parts and components in East Asia. We show that the free trade agreement leads to substantially higher and more pronounced bilateral trade flows...[Show more]

dc.contributor.authorSheng, Yu
dc.contributor.authorTang, Hsiao Chink
dc.contributor.authorXu, Xinpeng
dc.date.accessioned2015-12-10T23:36:13Z
dc.identifier.issn0003-6846
dc.identifier.urihttp://hdl.handle.net/1885/70048
dc.description.abstractThis article uses an extended gravity model to examine the impact of the free trade agreement between the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC) on their trade flows and patterns. New determinants are utilized to capture the growing importance of global production sharing and intraregional trade in parts and components in East Asia. We show that the free trade agreement leads to substantially higher and more pronounced bilateral trade flows between ASEAN and the PRC than what a conventional gravity model predicts and the increase is concentrated in ASEAN countries that have stronger industrial linkages with the PRC.
dc.publisherRoutledge, Taylor & Francis Group
dc.sourceApplied Economics
dc.titleThe impact of the ACFTA on ASEAN-PRC trade: estimates based on an extended gravity model for component trade
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume46
dc.date.issued2014
local.identifier.absfor140200 - APPLIED ECONOMICS
local.identifier.ariespublicationU3488905xPUB2205
local.type.statusPublished Version
local.contributor.affiliationSheng, Yu, College of Asia and the Pacific, ANU
local.contributor.affiliationTang, Hsiao Chink, Asian Development Bank
local.contributor.affiliationXu, Xinpeng, Hong Kong Polytechnic University
local.description.embargo2037-12-31
local.bibliographicCitation.issue19
local.bibliographicCitation.startpage2251
local.bibliographicCitation.lastpage2263
local.identifier.doi10.1080/00036846.2014.899676
dc.date.updated2015-12-10T11:52:07Z
local.identifier.scopusID2-s2.0-84898729096
local.identifier.thomsonID000333952600005
CollectionsANU Research Publications

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