Yangon University of Economics

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ASEAN-Japan Comprehensive Economic Partnership (AJCEP) and Its Impact on CLM Countries (Nu Nu Lwin, 2009)

http://hdl.handle.net/20.500.12678/0000001644
17895bf7-e09a-48a2-87d5-158211806f97
d4a1a05a-5fe4-4847-b176-b8d1bcc3d994
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2009_AJCEP_Myanmar 2009_AJCEP_Myanmar (IDE).pdf (490 Kb)
Publication type
Journal article
Upload type
Publication
Title
Title ASEAN-Japan Comprehensive Economic Partnership (AJCEP) and Its Impact on 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
IDE-JETRO
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