Similarity in trade structure: An evidence from ASEAN + 3

Thi Nguyet Anh Nguyen, Thi Hong Hanh Pham () and Thomas Vallee
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Thi Nguyet Anh Nguyen: LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes
Thi Hong Hanh Pham: LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes

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Abstract: The present paper aims to explore the competition in exports among ASEAN +3 members by applying the export similarity index for the disaggregation export data from 1990 to 2014. We also discuss the changes of comparative advantage of ASEAN + 3's exports through the revealed comparative advantage index (RCA) and its relation with similarity index. The results find that export similarity varies among ASEAN+3 member states over the period 1990-2014. Second, we find evidence of several communities of export competition. In particular, four countries, notably Malaysia, Singapore, Japan and Korea, durably show the highest competition level, mainly in the sectors of transistors and telecom equipment. Third, the revealed comparative advantage seems to be the key factor defining the similarity level of exports. Lastly, the revealed comparative advantage analysis allows us to verify the Ricardo's theory and New Trade theory in the context of free trade.

Keywords: similarity index; export community; revealed comparative advantage; trade structure; ASEAN+3 (search for similar items in EconPapers)
Date: 2017-02-03
New Economics Papers: this item is included in nep-int and nep-sea
Note: View the original document on HAL open archive server: https://hal.science/hal-01455139v1
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Similarity in trade structure: Evidence from ASEAN + 3 (2017)
Working Paper: Similarity in trade structure: Evidence from ASEAN + 3 (2017)
Working Paper: Similarity in trade structure: Evidence from ASEAN + 3 (2017)
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