Trade Blocks and the Gravity Model: A Study of Economic Integration among Asian Developing Countries

E. M. Ekanayake () and Amit Mukherjee ()
Additional contact information
E. M. Ekanayake: Bethune-Cookman University, Postal: School of Business, Bethune-Cookman University 640 Dr., Mary McLeod Bethune Blvd. Daytona Beach, FL 32114-3099
Amit Mukherjee: The Richard Stockton College of New Jersey, Postal: School of Business, The Richard Stockton College of New Jersey PO Box 195 Pomona, NJ 08240

Journal of Economic Integration, 2010, vol. 25, 627-643

Abstract: This paper analyzes the trade creation and trade diversion effects of the regional trade agreements (RTAs) in Asia and their effects on intra-regional trade flows using annual trade data for the period 1980-2009. The research will attempt to achieve the following objectives: (a) analyze the major RTAs in Asia and their effects on intra-regional trade flows. (b) use a gravity model to estimate the trade creation and trade diversion effects of various RTAs on trade flows within and across member groups; and (c) measure the effect of RTAs on members’ trade with other Asian countries. The findings of this study are, for the most part, consistent with findings of previous studies on the Asian trade flows. The coefficients of real GDP, population, and distance had expected signs and magnitudes in all models estimated.

Keywords: Trade Blocks; Gravity Model; Intra-Regional Trade; Asia (search for similar items in EconPapers)
JEL-codes: F14 F15 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (30)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0519

Access Statistics for this article

Journal of Economic Integration is currently edited by Seongeun Kim

More articles in Journal of Economic Integration from Center for Economic Integration, Sejong University Contact information at EDIRC.
Bibliographic data for series maintained by Yunhoe Kim ().