Revival Duration and Determinants of ASEAN Machinery Trade During COVID-19 Pandemic and the Global Financial Crisis

Chia-Lin Chang (), Yu-Hui Wang and Kuo-I Chang

Emerging Markets Finance and Trade, 2023, vol. 59, issue 4, 1089-1103

Abstract: This study performs survival analysis to evaluate duration of revived and new machinery import and the hazard ratios (HRs) of covariates related to the global financial crisis (GFC) and COVID-19 pandemic in the Association of Southeast Asian Nations (ASEAN). The results indicate that large tariff margins decreased the possibility of disruption (HR: 0.8024) to Japanese import from ASEAN countries after revived during the COVID-19 pandemic and increased the possibility of disruption (HR: 1.0338) to Chinese import from ASEAN countries of new import during the GFC.

Date: 2023
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DOI: 10.1080/1540496X.2022.2128751

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