St Andrews Research Repository

St Andrews University Home
View Item 
  •   St Andrews Research Repository
  • Economics & Finance (School of)
  • Economics & Finance
  • Economics & Finance Theses
  • View Item
  •   St Andrews Research Repository
  • Economics & Finance (School of)
  • Economics & Finance
  • Economics & Finance Theses
  • View Item
  •   St Andrews Research Repository
  • Economics & Finance (School of)
  • Economics & Finance
  • Economics & Finance Theses
  • View Item
  • Login
JavaScript is disabled for your browser. Some features of this site may not work without it.

ASEAN Free Trade Area (AFTA) : how far have we come? : analysis and evidence on effects of AFTA

Thumbnail
View/Open
OrachatNiyomsukPhDThesis.pdf (4.180Mb)
Date
2013
Author
Niyomsuk, Orachat
Supervisor
Ulph, David Tregear
Metadata
Show full item record
Altmetrics Handle Statistics
Abstract
This thesis addresses issues concerning trade effects of a particular RTA: AFTA. In the first part of the thesis, 2 different but related gravity frameworks are constructed as to evaluate the independent effects of AFTA on relevant countries’ trade flows. The first paper proposes examining ‘AFTA-effects’ on members’ trade, specifically within the AFTA context. This aims to distinguish trade effects that AFTA has had on early and delayed members’ trading patterns. The panel ‘Gravity Model’ is constructed, pointing to control for several biases commonly observed in the cross-section model. Although the result implies that early members do share trade benefits from AFTA more than non-members, the overall ‘AFTA-effects’ on the membership’s trade have not been benign. Another paper measures ‘AFTA-effects’ on both members’ and non-members’ trade. This aims to assess whether AFTA has played a role as an export base for the international market. In this case, ‘AFTA-effects’ appeared positive. Such effects are driven by an enhancement in extra-export bias, suggesting that the membership’s exports to outside destinations have increased post-AFTA. The last paper provides a theoretical framework addressing the incidence of RTA-membership expansion. The fact that AFTA was gradually established and empirical results indicating AFTA’s impacts on members and non-members brings about the idea that bloc-membership expansion could plausibly be explained by the economic effects that these countries have received. The corollaries of trading with/without RTA-membership of a potential member’s gains of trade and welfare levels are related to the decision towards membership. Even though welfare effects are not always greater, the RTA-membership status surely benefits member countries in gains from trade more than non-members. This can be perceived as one of the important reasons to explain the widespread regionalism worldwide and why joining the RTA is often seen as a safe haven strategy for a country.
Type
Thesis, PhD Doctor of Philosophy
Collections
  • Economics & Finance Theses
URI
http://hdl.handle.net/10023/4475

Items in the St Andrews Research Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

Advanced Search

Browse

All of RepositoryCommunities & CollectionsBy Issue DateNamesTitlesSubjectsClassificationTypeFunderThis CollectionBy Issue DateNamesTitlesSubjectsClassificationTypeFunder

My Account

Login

Open Access

To find out how you can benefit from open access to research, see our library web pages and Open Access blog. For open access help contact: openaccess@st-andrews.ac.uk.

Accessibility

Read our Accessibility statement.

How to submit research papers

The full text of research papers can be submitted to the repository via Pure, the University's research information system. For help see our guide: How to deposit in Pure.

Electronic thesis deposit

Help with deposit.

Repository help

For repository help contact: Digital-Repository@st-andrews.ac.uk.

Give Feedback

Cookie policy

This site may use cookies. Please see Terms and Conditions.

Usage statistics

COUNTER-compliant statistics on downloads from the repository are available from the IRUS-UK Service. Contact us for information.

© University of St Andrews Library

University of St Andrews is a charity registered in Scotland, No SC013532.

  • Facebook
  • Twitter