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

被引:17
|
作者
Sheng, Yu [1 ]
Tang, Hsiao Chink [2 ]
Xu, Xinpeng [3 ]
机构
[1] Australian Natl Univ, Canberra, ACT 0200, Australia
[2] Asian Dev Bank, Manila, Philippines
[3] Hong Kong Polytech Univ, Fac Business, Hong Kong, Hong Kong, Peoples R China
关键词
Southeast Asia; China; gravity model; parts and components trade; PATTERN; CHINA;
D O I
10.1080/00036846.2014.899676
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 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. © 2014 © 2014 Taylor & Francis.
引用
收藏
页码:2251 / 2263
页数:13
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