Volume 13 (2013)
Volume 5 (2005)
Most Downloaded Articles
- Is Food Security a New Tariff? Explaining Changes in Sanitary and Phytosanitary Regulations by World Trade Organization Members by Long, Andrew G./ Kastner, Justin J. and Kassatly, Raymond
- The Impact of Basel III on Emerging Economies by Abdel-Baki, Monal A.
- Financial Liberalization, Banking Crises and Economic Growth: The Case of South Mediterranean Countries by Ben Salha, Ousama/ Bouazizi, Tarek and Aloui, Chaker
- Product Quality, Trade, and Adjustment: The China-ASEAN Experience by Azhar, A. KM/ Elliott, Rob J. and Liu, Junting
- International Stock Market Comovements: What Happened during the Financial Crisis? by Horvath, Roman and Poldauf, Petr
Impact of Globalization on International Trade between ASEAN-5 and China: Opportunities and Challenges
1Assistant Professor of Economics, Nanyang Technological University, Singapore, firstname.lastname@example.org
2Lecturer in Economics, Auckland University of Technology, New Zealand, email@example.com
Citation Information: Global Economy Journal. Volume 4, Issue 1, Pages –, ISSN (Online) 1524-5861, DOI: 10.2202/1524-5861.1005, October 2004
- Published Online:
This paper evaluates the impact of China's WTO entry and the establishment of a free-trade agreement between China and ASEAN on the ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore and Thailand). We examine the trade competition between the two regions using a market-share model and assess the impact of China's WTO entry on the ASEAN-5 with an exchange rate-tariff model, based on two-digit SITC data. It is found that for the period 1987 to 2000 the competition in trade only occurred between China and Singapore in manufacturing goods, while the competition between China and other four nations was in primary goods. The trade-widening opportunity between the two regions appears much larger than the competitive challenges for ASEAN-5 after the WTO entry of China and the establishment of FTA between ASEAN and China, impacts on different industries are evaluated.