scholarly journals An analysis of trade cooperation: Central region in China and ASEAN

PLoS ONE ◽  
2021 ◽  
Vol 16 (12) ◽  
pp. e0261270
Author(s):  
Roni Bhowmik ◽  
Yuhua Zhu ◽  
Kuo Gao
Keyword(s):  
Economic Development ◽  
Central Region ◽  
Bilateral Trade ◽  
The Philippines ◽  
Trade Integration ◽  
Chinese Market ◽  
Positive Role ◽  
Trade Relations ◽  
Trade Potential ◽  
Asean Countries

China-ASEAN are the two huge markets in trade world, they can bring out greater dynamism from within their economies and contribute to regional economic development. This study explores the present situation on the trade between the Central region of China and ASEAN through empirical assessment and try to find the potential effects and trade flows between them. Firstly, we analysis the trade integration index, HM index, explicit comparative advantage index, and trade complementarity index. Finally, we use the gravity model of international trade and data on 2006–2018. The bilateral trade relations between the central region and ASEAN are getting closer, but the central region has not yet become the major trade area of ASEAN countries in the Chinese market. The bilateral economic development level plays a positive role in promoting the export trade between the Central region and ASEAN, while the bilateral distance plays a negative role in difficulty. The empirical results show that trade potential between the Central region and Indonesia and the Philippines is huge, and there is still opportunity for the development of the trade potential with Thailand. The trade prospective with Malaysia, Singapore and Vietnam is limited, and new approaches need to be developed to achieve further trade cooperation.

Who is Trading Well with China? A Gravity and Constant Market Share Analysis of Exports of Pakistan and ASEAN in the Chinese Market

2021 ◽  
pp. 002190962110450
Author(s):  
Muhammad Abdul Kamal ◽  
Unbreen Qayyum ◽  
Saleem Khan ◽  
Bosede Ngozi Adeleye
Keyword(s):  
Market Share ◽  
Bilateral Trade ◽  
Export Performance ◽  
Trade Openness ◽  
Chinese Market ◽  
Trade Potential ◽  
Trade Competitiveness ◽  
Constant Market Share Analysis ◽  
Constant Market Share ◽  
Asean Countries

This paper empirically investigated the trade competitiveness and trade potential of Pakistan and ASEAN countries in the Chinese market. The study utilizes trade data for the period of 2003–2019 to assess the bilateral trade aspects by using an extended gravity equation. In addition, the PPML model and constant market share analysis are applied to examine trade potential and competitiveness, respectively. Market size, distance, trade openness, revealed comparative advantage position and common border play an important role in bilateral trade of Pakistan and ASEAN with China, and coefficients of all these variables comply with the economic theory and are statistically significant. Pakistan along with Brunei, Cambodia, Laos, Myanmar, Philippines, and Thailand has great trade potential in the Chinese market. Particularly Cambodia and Vietnam are enjoying the highest competitive advantage as compared to other ASEAN countries. Pakistan’s export performance in China’s market relies on the market distribution effect. Based on this study, we have discussed country-specific future policy discourse for Pakistan and ASEAN countries in detail.

scholarly journals An Empirical Study of China-Australia Bilateral Trade Potential Based on Gravity Model

2020 ◽  
Vol 6 (3) ◽  
pp. p51
Author(s):  
Jun Chen ◽  
Chenyang Zhao ◽  
Xinyi Wang ◽  
Kaikai Liu
Keyword(s):  
Gravity Model ◽  
Trade Balance ◽  
Bilateral Trade ◽  
Trade Integration ◽  
Upward Trend ◽  
Trade Data ◽  
Potential Analysis ◽  
Trade Relations ◽  
Primary Products ◽  
Trade Potential

Based on the use of trade integration index and gravity model, this paper uses the bilateral goods trade data between China and Australia from 2000 to 2019 to analyze the trade status, trade complementarity and trade potential between China and Australia. The results of the study show that the trade scale, trade complementarity and trade potential between China and Australia are constantly expanding. However, from the perspective of trade balance, China has always been in the position of a deficit country, and the deficit is getting larger and larger, especially in terms of primary products. Judging from the trade integration index, China’s trade integration with Australia generally shows an upward trend, indicating that the trade dependence between China and Australia is gradually increasing. Judging from the results of the trade potential analysis, the trade potential between the two countries has not been fully realized, and there is still much room for improvement in bilateral trade relations.

scholarly journals Regional Integration and Trade in Agrifood Products: Evidence from the East African Community

2015 ◽  
Vol 11 (3) ◽  
pp. 212-246
Author(s):  
Francis Ejones
Keyword(s):  
Regional Integration ◽  
Bilateral Trade ◽  
Estimation Method ◽  
Trade Agreement ◽  
Trade Integration ◽  
East African ◽  
East African Community ◽  
Trade Relations ◽  
Extended Gravity ◽  
The Impact

This study examines the postulation that trade liberalization (regional integration) policies of LDCs normally undermine their presumed impact. The study is based on the experience of EAC trade agreement. It adopts the extended gravity model, to analyze the impact of this regional integration on food item. The model includes 168 countries and is estimated with panel data over the period 1988 – 2009. The Poisson estimation method took into account unobserved trade data characteristics of the bilateral trade relations. The results show that regional trade integration increased exports, normally at the expense of exports and welfare of non-members, and these exports were more reflective of food exports growth. The same has not been true for intra-bloc exports of food although the sector experienced an increase in exports resulting from the implementation of a trade agreement. The intra-bloc results are consistent with the structural rigidities of the exporting EAC Countries.    

scholarly journals Determinants of Trade Between Taiwan and ASEAN Countries: A PPML Estimator Approach

SAGE Open ◽  
2020 ◽  
Vol 10 (2) ◽  
pp. 215824402091951
Author(s):  
Nhan Thanh Thi Hoang ◽  
Hoan Quang Truong ◽  
Chung Van Dong
Keyword(s):  
Bilateral Trade ◽  
Economic Benefits ◽  
Capital Income ◽  
Dynamic Approach ◽  
Likelihood Estimator ◽  
Trade Relations ◽  
Bilateral Trade Flows ◽  
Asean Countries ◽  
Pseudo Maximum Likelihood ◽  
High Skill

Taiwan and Association of Southeast Asian Nations (ASEAN) do not have any diplomatic ties, but they have enjoyed significantly economic benefits, especially bilateral investment and trade cooperation. Over the period 2000–2017, trade between Taiwan and ASEAN had significantly focused on manufactured goods embodied with high-skill and technology-intensive content. Using gravity model with a PPML (Poisson pseudo-maximum-likelihood) estimator, this article explores determinants of bilateral trade flows between them at both aggregate and sectoral levels. We found that economic scale and per capital income of ASEAN have much stronger effects than those of Taiwan at both aggregate trade and the degree of manufacturing. Results also show that bilateral trade between Taiwan and ASEAN has been efficiently performed over recent decades, except for cases of Myanmar and Cambodia. Hence, a dynamic approach should be taken by both sides to promote bilateral trade relations in future.

scholarly journals Pakistan-India Trade Potential and Issues

2009 ◽  
Vol 14 (Special Edition) ◽  
pp. 171-201 ◽  
Author(s):  
Zareen F. Naqvi
Keyword(s):  
Bilateral Trade ◽  
Import Substitution ◽  
Trade Agreement ◽  
Growth Strategies ◽  
Most Favored Nation ◽  
Trade Relations ◽  
Political Relations ◽  
Dialogue Process ◽  
Trade Potential ◽  
Low Levels

Pakistan and India are the two largest economies in South Asia with very low levels of bilateral trade. This has been the result of border disputes and political tensions, but also of inward-looking import-substitution growth strategies. Trade (including official and unofficial) between the two countries stood at around US$ 2.5-2.6 billion in 2007/08 but it could potentially be as much as US$ 5-10 billion or two to four times its current levels. The Composite Dialogue Process (CDP) has led to substantial improvements in political relations over the last 5 years and trade relations have shown positive outcomes as well. This paper recommends that the process be strengthened further by restarting the stalled CDP, Pakistan granting most favored nation (MFN) status to India, continuing to reduce impediments to trade and trade logistics, and perhaps even considering the possibility of a free trade agreement (FTA) with India.

scholarly journals Estimation of the Impact of the New International Land and Sea Trade Channel on the Development of the Trade Potential of 8 Domestic Provinces and Cities

2020 ◽  
Vol 214 ◽  
pp. 03024
Author(s):  
Gu Jijian ◽  
Feng Lipeng ◽  
He Liyan ◽  
Zhong Heng
Keyword(s):  
Gravity Model ◽  
Potential Coefficient ◽  
Trade Relations ◽  
Trading Partners ◽  
Trade Potential ◽  
Belt And Road ◽  
Asean Countries ◽  
Trade Channel ◽  
The Impact ◽  
The Belt And Road

The new international land and sea trade channel is an important part of China’s “The Belt and Road Initiative” going south, with Chongqing as the operating center, and 7 provinces and cities such as Guangxi, Guizhou, and Gansu as key nodes. Gravity Model of Trade is adopted to analyze the issue of trade creation effect and trade transfer effect in the flow of China-ASEAN trade in detail. According to the theoretical trade value calculated by the export gravity model, the actual trade value was divided by the theoretical value to calculate the trade potential coefficient, which has been applied to measure the trade potential of export of 8 provinces and cities to the ten ASEAN countries. It is concluded that trading partners are in different types ranging from “potential remodeling”, “potential expansion” to “great potential”, and heterogeneity tests are performed to prove the self-consistency of the effect measurement. Further, it is proposed that to further develop trade relations, we must develop positive factors to promote export trade, stimulate trade needs of partner countries, and actively develop trade market countermeasures.

scholarly journals NIGERIA-CHINA: AN EXAMINATION OF RECENT BILATERAL TRADE RELATIONS

2020 ◽  
Vol 1 (5) ◽  
Author(s):  
Kabiru Hannafi Ibrahim
Keyword(s):  
Bilateral Trade ◽  
Export Promotion ◽  
Trade Intensity ◽  
Trade Imbalance ◽  
Chinese Market ◽  
Trade Relations ◽  
Intensity Index ◽  
Market Opportunities ◽  
High Possibility

This study examines the trends, composition, and intensity of Nigeria-China bilateral trade for the period, 1992-2016. Tables, graphs, and trade intensity formula were used. The results show that Nigeria’s trade with China has considerably recorded remarkable growth. With the exception of mineral fuels and products of their distillation, the share of major products exported to China over the period remained insignificant. More importantly, the results reveal that the share of major products imported from China remained significant, indicating that Chinese exports supply to Nigeria is more diversified than that of Nigeria's exports supply to China. Nigeria’s trade intensity index shows a low possibility of increasing export to China and a high possibility of increasing import from China. In the case of China, there is exists a high possibility of increasing its export and decreasing its import to and from Nigeria. Based on the study’s findings, the study recommends an urgent need for Nigeria's government to encourage the export of various products in order to promote bilateral trade and mitigate the existing trade imbalance. The study further recommends the need for government, researchers, and export promotion agencies to identify new market opportunities for Nigeria's exports in the Chinese market.

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