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국제대학원
국제학과
Journal papers
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ASEAN or plus alpha? The effectiveness of regional economic cooperation
Title
ASEAN or plus alpha? The effectiveness of regional economic cooperation
Authors
Lee J.W.
;
Oh J.
Ewha Authors
오진환
SCOPUS Author ID
오진환
Issue Date
2020
Journal Title
Asia Pacific Management Review
ISSN
1029-3132
Citation
Asia Pacific Management Review vol. 25, no. 1, pp. 48 - 53
Publisher
National Cheng Kung University
Indexed
SCOPUS
Document Type
Article
Abstract
This study examines the effectiveness of regional trading blocs in Southeast Asia utilizing the gravity model of international trade. The primary objective of this study is to determine which trading bloc – ASEAN, ASEAN3 or ASEAN6 – is most effective in creating preferential trading arrangements. We examine a comprehensive panel data for a sample of ASEAN's 10-member state countries spanning bilateral trade with 29 major trading partners over 17 years. The results reveal that the export volume of ASEAN member countries to AEAN6 member countries is 2.5 to 4 times higher than to non-member countries, thus indicating that ASEAN6 is the optimal group. In the latter portions of this paper, this paper provides policy implications to create effective and efficient trading arrangements. © 2019 College of Management, National Cheng Kung University
DOI
10.1016/j.apmrv.2019.07.001
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