Not Available for Download
Add Paper to My Library
Permalink
Using these links will ensure access to this page indefinitely
Copy URL

Free Trade Areas and Intra-Regional Trade: The Case of ASEAN

The Singapore Economic Review (SER)

Posted: 25 Apr 2010 Last revised: 4 Jun 2010

See all articles by Maurice J. G. Bun

Maurice J. G. Bun

University of Amsterdam (UVA) - Department of Quantitative Economics; Tinbergen Institute

Franc Klaassen

University of Amsterdam - Research Institute in Economics & Econometrics (RESAM); Tinbergen Institute

Randolph Tan

SIM University (UniSIM)

Date Written: August 1, 2009

Abstract

We study the effects of free trade areas on bilateral trade flows. We review and extend the previous empirical literature by embarking on the modelling of unobserved heterogeneity. We apply our preferred model to the case of the Asean Free Trade Area (AFTA). The estimation results suggest that there has been a positive effect of AFTA. This empirical finding is contrary to earlier estimation results, which are typically not so positive about AFTA. It is our impression that these earlier estimates on AFTA are confounded with the effects of unobserved determinants of trade.

Keywords: AFTA, ASEAN, free trade area, gravity model, panel data

JEL Classification: F15, C23

Suggested Citation

Bun, Maurice J. G. and Klaassen, Franc and Tan, Randolph, Free Trade Areas and Intra-Regional Trade: The Case of ASEAN (August 1, 2009). The Singapore Economic Review (SER), Available at SSRN: https://ssrn.com/abstract=1502462

Maurice J. G. Bun (Contact Author)

University of Amsterdam (UVA) - Department of Quantitative Economics ( email )

Roetersstraat 11
1018 WB Amsterdam
Netherlands
+31-20-5254257 (Phone)

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Franc Klaassen

University of Amsterdam - Research Institute in Economics & Econometrics (RESAM) ( email )

Roetersstraat 11
Amsterdam
Netherlands
+31 20 525 4191 (Phone)
+31 20 525 4254 (Fax)

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Randolph Tan

SIM University (UniSIM) ( email )

461 Clementi Road
Singapore, 599491
Singapore

Not Available for Download

Do you have a job opening that you would like to promote on SSRN?

Place Job Opening

Paper statistics

Abstract Views
503
PlumX Metrics

Related eJournals