An Empirical Evaluation of Intra-Bloc and Extra-Bloc Export Flows: A Study of Select South Asian Economies

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Rinku Manocha
• 간행물 정보: 『Journal of Economic Integration』제40권 제1호, 1~27쪽, 전체 27쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2025.03.01

국문 초록

The present study examines the export determinants for South Asian region with a major focus on intra-bloc and extra-bloc trade flows over the period of 1991-2022. For capturing the impact of intra-regional bloc flows, the study incorporates intra-SAARC as explanatory variable. To study the extra-bloc export association, the study includes SAARC-APTA and SAARC-ASEAN as explanatory variables. Results for intra-SAARC bloc variable suggested that the South Asian bloc has failed to boost trade opportunities among South Asian economies. However, the results for SAARC-ASEAN and SAARC-APTA extra-bloc were found to be positive and significant indicating extra-bloc trade facilitation. Lack of trade opportunities among South Asian economies might have encouraged SAARC countries to look for East and South-East Asian trading partners. Moreover, policy initiatives to strengthen economic, cultural, and strategic relationships with East and South-East economies of Asia would have contributed to such realignment of trade towards ASEAN and APTA economies.

목차

I. Introduction

II. Literature Review

III. Gravity Framework and Empirical Discussion

IV. Sample Period and Data Description

V. Results and Analysis

VI. Conclusion

References

키워드

Trade ASEAN SAARC APTA