The Effect of the ASEAN FTA on Intra-Regional Trade in Lao PDR

• 영문명: The Effect of the ASEAN FTA on Intra-Regional Trade in Lao PDR
• 발행기관: 한국무역연구원
• 저자명: 노정녀 Chanhsuda Phavisone
• 간행물 정보: 『무역연구』제19권 제4호, 75~90쪽, 전체 16쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2023.08.31

영문 초록

Purpose - This study aims to estimate the effects of the Association of South-East Asian Nations Free Trade Area (AFTA) on international trade in Lao People’s Democratic Republic (PDR) Design/Methodology/Approach - This study empirically analyzes the effects of AFTA on Lao PDR’s intra-regional trade with ASEAN countries using a gravity model by employing panel data from ten ASEAN countries from 1990 to 2017. Findings - This paper finds that joining AFTA positively affects aggregate trade volume and exports of Lao PDR. However, joining AFTA does not positively impact Lao PDR’s imports. Research Implications - With a very limited number of studies on the effect of AFTA on Lao PDR, most previous studies examine the effect on Lao PDR using a subset of ASEAN countries. This paper contributes to the literature by being the first to empirically analyze the effect of AFTA on intra-regional trade in Lao PDR with all ten ASEAN member countries. The findings of the study suggest that further extending FTA networks with other countries will promote Lao PDR’s trade and its access to the international market.

목차

Ⅰ. Introduction

Ⅱ. Background of Lao PDR and ASEAN Trade

Ⅲ. Literature Review

Ⅳ. Data and Estimation Method

Ⅴ. Results

Ⅵ. Conclusion

References

키워드

AFTA ASEAN Free Trade Agreement Gravity Model International Trade Lao PDR