THE MARKET DRIVEN TRADE LIBERALIZATION AND EAST ASIAN REGIONAL INTEGRATION

Lurong Chen

No 12-2008, IHEID Working Papers from Economics Section, The Graduate Institute of International Studies

Abstract: This paper creates a new index (“index of bilateral trade relation”) to quantitatively evaluate the degree of regional economic integration based on countries’ de facto bilateral trade relations. It concludes that a fundamental arrangement of East Asian regionalism should involve at least one of the two “hub” candidates – Japan and China. It also suggests that the China-ASEAN FTA (CAFTA) may trigger domino effects of regionalism in East Asia.

Keywords: International Economics; trade liberalization; regional integration; East Asian Regionalism (search for similar items in EconPapers)
JEL-codes: F15 R11 (search for similar items in EconPapers)
Pages: 39
Date: 2004-03, Revised 2008-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:gii:giihei:heidwp12-2008

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