Ấn phẩm
Trade Creation or Trade Diversion in ASEAN and ASEAN+6 FTAs: Trade Indicators Approach
Xem mô tả
167
Xem & Tải
26
Nhan đề khác
Tóm tắt
This paper makes use of two trade indicators, Revealed Comparative Advantage (RCA) and Regional Orientation (RO), to evaluate the economic impacts of the ASEAN Free Trade Area (The) and the Regional Comprehensive Economic Partnership (RCEP) on Vietnamese commodities at the Harmonized System (HS) 2-digit level. Several sectors in which Vietnam has revealed a comparative advantage, has benefied from the AFTA, and would continue to enjoy trade creation from the RCEP, are: Cereals (10), Salt, sulphur, earth, stone, plaster, lime and cement (25), Rubber (40), Knitted or crocheted fabric (60), etc. More importantly, the result provides a list of commodities in which Vietnam has a comparative advantage and only experiences trade creation when participating in the RCEP. These are: Milling products, malt, starches, inulin, wheat gluten (11), Vegetable plaiting materials, vegetable products not elsewhere specifid (14), Wood and articles of wood, wood charcoal (44), etc. Findings also show commodities in which Vietnam has a comparative advantage; but are not well positioned in the RCEP market yet, e.g. Cereal, flur, starch, milk preparations and products (19) and Manmade staple fires (55). If suffient investment decisions and marketing strategies are applied to these commodities, they will well penetrate the RCEP market and bring trade creation and welfare improvement to Vietnam. Public and private investment should consider the above-mentioned commodities as targets to leapfrog the benefis of RCEP.
Mô tả
international economy
Tác giả
Tu, Thuy Anh
Tác giả khác
Le, Minh Ngoc
Người hướng dẫn
Nơi xuất bản
Nhà xuất bản
Kinh Tế Quốc Dân
Năm xuất bản
2015
ISSN tạp chí
Nhan đề tập
Từ khóa chủ đề
Regional trade agreement , ASEAN , RCEP , impact assessment , trade indicators.
