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  1. Yangon University of Economics
  1. Yangon University of Economics
  2. International Conference Paper and Other Journal Artical

Analysis on International Trade of CLM Countries (Nu Nu Lwin, 2009)

http://hdl.handle.net/20.500.12678/0000001265
http://hdl.handle.net/20.500.12678/0000001265
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1a7c6bd2-0c72-4328-a656-8bbfdd3a9a02
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2009_Trade_CLM 2009_Trade_CLM (IDE).pdf (379 Kb)
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Publication type
Journal article
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Publication
Title
Title Analysis on International Trade of CLM Countries (Nu Nu Lwin, 2009)
Language en
Publication date 2009-01-01
Authors
NU NU LWIN
Description
Since their accession to AFTA, trade volumes of CLM countries have being grown rapidly while their trade patterns and directions have significantly changed. Recognizing the importance of international trade in CLM economies, this study attempts to analyze the trade patterns of CLM countries based the gravity model. The empirical analysis is conducted to identify the determining factors of each country’s bilateral trade flows and policy implications for promoting their trade.

The results indicate that CLM’s trade patterns are mainly affected by partner country’s GDP, the difference between per capita GDPs of two countries, distance, common border, and presence in particular FTA. Their trade relations with East Asian countries mainly China, Japan and Korea have yet to be exploited to their full potential. These findings suggest that CLM countries needs to promote their bilateral trade with countries in close proximity and having large economic size and high consumers’ purchasing power through accelerating their trade liberalization efforts in FTAs in progress.
Keywords
CLM countries
Journal articles
215
Institute of Developing Economies
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