Sangam: A Confluence of Knowledge Streams

The ASEAN Free Trade Agreement : Impact on Trade Flows and External Trade Barriers

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dc.creator Calvo-Pardo, Hector
dc.creator Freund, Caroline
dc.creator Ornelas, Emanuel
dc.date 2012-03-19T19:10:52Z
dc.date 2012-03-19T19:10:52Z
dc.date 2009-06-01
dc.date.accessioned 2023-02-17T21:10:11Z
dc.date.available 2023-02-17T21:10:11Z
dc.identifier http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090610085729
dc.identifier http://hdl.handle.net/10986/4153
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/245190
dc.description Using detailed data on trade and tariffs from 1992-2007, the authors examine how the ASEAN Free Trade Agreement has affected trade with nonmembers and external tariffs facing nonmembers. First, the paper examines the effect of preferential and external tariff reduction on import growth from ASEAN insiders and outsiders across HS 6-digit industries. The analysis finds no evidence that preferential liberalization has led to lower import growth from nonmembers. Second, it examines the relationship between preferential tariff reduction and MFN tariff reduction. The analysis finds that preferential liberalization tends to precede external tariff liberalization. To examine whether this tariff complementarity is a result of simultaneous decision making, the authors use the scheduled future preferential tariff reductions (agreed to in 1992) as instruments for actual preferential tariff changes after the Asia crisis. The results remain unchanged, suggesting that there is a causal relationship between preferential and MFN tariff reduction. The findings also indicate that external liberalization was relatively sharper in the products where preferences are likely to be most damaging, proving further support for a causal effect. Overall, the results imply that the ASEAN agreement has been a force for broader liberalization.
dc.language English
dc.relation Policy Research working paper ; no. WPS 4960
dc.rights CC BY 3.0 IGO
dc.rights http://creativecommons.org/licenses/by/3.0/igo/
dc.rights World Bank
dc.subject ADMINISTRATIVE COSTS
dc.subject AGGREGATE TRADE
dc.subject AGRICULTURAL PRODUCTS
dc.subject AVERAGE TARIFFS
dc.subject AVERAGE TRADE
dc.subject BARRIERS ON IMPORTS
dc.subject BILATERAL FLOWS
dc.subject BILATERAL OPPORTUNISM
dc.subject BILATERAL TRADE
dc.subject BILATERAL TRADE AGREEMENTS
dc.subject BLOC IMPORTS
dc.subject BLOC MEMBERS
dc.subject BLOC PARTNERS
dc.subject BLOC TARIFFS
dc.subject BLOC TRADE
dc.subject BUSINESS CYCLE
dc.subject CURRENCY
dc.subject CUSTOMS
dc.subject CUSTOMS UNION
dc.subject CUSTOMS UNION ISSUE
dc.subject CUSTOMS UNIONS
dc.subject DEVELOPING COUNTRIES
dc.subject DUTY DRAWBACK
dc.subject DUTY DRAWBACKS
dc.subject DUTY-FREE TREATMENT
dc.subject ECONOMIC INTEGRATION
dc.subject EUROPEAN UNION
dc.subject EXPORTERS
dc.subject EXTERNAL IMPORTS
dc.subject EXTERNAL LIBERALIZATION
dc.subject EXTERNAL TARIFF
dc.subject EXTERNAL TARIFFS
dc.subject EXTERNAL TRADE
dc.subject EXTERNAL TRADE BARRIERS
dc.subject EXTERNAL TRADE POLICIES
dc.subject FINAL GOODS
dc.subject FREE ACCESS
dc.subject FREE TRADE
dc.subject FREE TRADE AGREEMENT
dc.subject FREE TRADE AGREEMENTS
dc.subject FREE TRADE AREA
dc.subject FREE TRADE AREAS
dc.subject FREE TREATMENT
dc.subject GLOBAL FREE TRADE
dc.subject GLOBAL TRADE
dc.subject GRAVITY EQUATION
dc.subject GRAVITY MODEL
dc.subject GROWING TRADE
dc.subject GROWTH RATE
dc.subject GROWTH RATES
dc.subject HIGH TARIFFS
dc.subject IMPORT BARRIERS
dc.subject IMPORT TARIFF
dc.subject IMPORT-COMPETING SECTOR
dc.subject IMPORTED INTERMEDIATE
dc.subject INTERMEDIATE GOODS
dc.subject INTERNAL LIBERALIZATION
dc.subject INTERNAL TARIFFS
dc.subject INTERNAL TRADE
dc.subject INTERNAL TRADE LIBERALIZATION
dc.subject INTERNATIONAL BANK
dc.subject INTERNATIONAL ECONOMICS
dc.subject INTERNATIONAL TRADE
dc.subject INTERNATIONAL TRADE POLICY
dc.subject INTRA-ASEAN TRADE
dc.subject INTRABLOC IMPORTS
dc.subject LOBBYING
dc.subject MARKET ACCESS
dc.subject MFN TARIFFS
dc.subject MULTILATERAL LIBERALIZATION
dc.subject MULTILATERAL SYSTEM
dc.subject MULTILATERAL TARIFF REDUCTION
dc.subject MULTILATERAL TRADE
dc.subject MULTILATERAL TRADE LIBERALIZATION
dc.subject MULTILATERAL TRADE NEGOTIATIONS
dc.subject MULTILATERALISM
dc.subject NON-TARIFF BARRIERS
dc.subject NONMEMBER COUNTRIES
dc.subject PARTNER COUNTRIES
dc.subject POLICY RESEARCH
dc.subject POLITICAL CONSIDERATIONS
dc.subject POLITICAL ECONOMY
dc.subject PREFERENTIAL LIBERALIZATION
dc.subject PREFERENTIAL MARGIN
dc.subject PREFERENTIAL MARGINS
dc.subject PREFERENTIAL RATE
dc.subject PREFERENTIAL RATES
dc.subject PREFERENTIAL TARIFF
dc.subject PREFERENTIAL TARIFF REDUCTION
dc.subject PREFERENTIAL TARIFFS
dc.subject PREFERENTIAL TRADE
dc.subject PREFERENTIAL TRADE AGREEMENTS
dc.subject PREFERENTIAL TRADING
dc.subject PREFERENTIAL TRADING AREAS
dc.subject PREFERENTIAL TREATMENT
dc.subject PRICE EFFECTS
dc.subject PRODUCT LEVEL
dc.subject PROTECTIONIST
dc.subject PROTECTIONIST BIAS
dc.subject REGIONAL BLOCS
dc.subject REGIONAL INTEGRATION
dc.subject REGIONAL TRADE
dc.subject REGIONAL TRADE AGREEMENT
dc.subject REGIONAL TRADE AGREEMENTS
dc.subject REGIONAL TRADE BLOCS
dc.subject REGIONAL TRADE LIBERALIZATION
dc.subject REGIONAL TRADING PARTNERS
dc.subject REGIONALISM
dc.subject RULES OF ORIGIN
dc.subject STANDARD ERRORS
dc.subject TARIFF ADJUSTMENTS
dc.subject TARIFF BARRIERS
dc.subject TARIFF CHANGES
dc.subject TARIFF LIBERALIZATION
dc.subject TARIFF NEGOTIATIONS
dc.subject TARIFF ON IMPORTS
dc.subject TARIFF RATES
dc.subject TARIFF REDUCTION
dc.subject TARIFF REDUCTIONS
dc.subject TARIFF REVENUE
dc.subject TRADE AGREEMENT
dc.subject TRADE BLOC
dc.subject TRADE BLOCS
dc.subject TRADE CREATING
dc.subject TRADE CREATION
dc.subject TRADE DATA
dc.subject TRADE DIVERSION
dc.subject TRADE EFFECTS
dc.subject TRADE FLOWS
dc.subject TRADE GROWTH
dc.subject TRADE IMPACT
dc.subject TRADE INTEGRATION
dc.subject TRADE LIBERALIZATION
dc.subject TRADE NEGOTIATIONS
dc.subject TRADE PARTNERS
dc.subject TRADE PATTERNS
dc.subject TRADE POLICIES
dc.subject TRADE POLICY
dc.subject TRADE PREFERENCES
dc.subject TRADE REFORM
dc.subject TRADE RESTRICTIONS
dc.subject TRADE SYSTEM
dc.subject TRADE TAXES
dc.subject TRADING BLOCS
dc.subject TRADING PARTNERS
dc.subject TRADING SYSTEM
dc.subject TRANSACTION COSTS
dc.subject WORLD ECONOMY
dc.subject WORLD TRADE
dc.subject WORLD TRADE ORGANIZATION
dc.title The ASEAN Free Trade Agreement : Impact on Trade Flows and External Trade Barriers
dc.type Publications & Research :: Policy Research Working Paper
dc.coverage The World Region
dc.coverage The World Region


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