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Estimating the Impact of the Indo-ASEAN Free Trade Agreement on India’s Balance of Trade

Author

Listed:
  • Ranajoy Bhattacharyya

    (Indian Institute of Foreign Trade)

  • Avijit Mandal

Abstract

India signed a Free Trade Agreement with ASEAN on 13th August, 2009. In this paper we analyze one aspect of the possible impacts of the FTA that on India’s Balance of Trade. It is found that the impact of the agreement on India’s balance of trade is expected to be negative. India’s imports will rise significantly, however there will be no commensurate rise in India’s export to these countries except to Indonesia.

Suggested Citation

  • Ranajoy Bhattacharyya & Avijit Mandal, 2010. "Estimating the Impact of the Indo-ASEAN Free Trade Agreement on India’s Balance of Trade," Journal of Global Analysis, Centre for Strategic Research and Analysis, vol. 1(1), pages 7-25, January.
    • Handle: RePEc:csy:journl:v:1:y:2010:i:1:p:7-25
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    Citations

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    Cited by:

    1. Banik, Nilanjan, 2014. "India-ASEAN Free Trade Agreement: The Untapped Potential," MPRA Paper 57954, University Library of Munich, Germany.
    2. Chandni Dawani & Deepa Pareek, 2024. "Analysing India’s Export Competitiveness in ASEAN Economies: Insights from Viner’s Trade Creation Model," Journal of Asian Economic Integration, , vol. 6(1), pages 7-30, April.
    3. Priyanka Khati & Chanwahn Kim, 2022. "Impact of India’s Free Trade Agreement with ASEAN on Its Goods Exports: A Gravity Model Analysis," Economies, MDPI, vol. 11(1), pages 1-19, December.
    4. Bhattacharyya, Ranajoy & Mandal, Avijit, 2016. "India–ASEAN Free Trade Agreement: An ex post evaluation," Journal of Policy Modeling, Elsevier, vol. 38(2), pages 340-352.
    5. Loitongbam Bishwanjit Singh, 2021. "Impact of India-ASEAN Free Trade Agreement: An Assessment from the Trade Creation and Trade Diversion Effects," Foreign Trade Review, , vol. 56(4), pages 400-414, November.

    More about this item

    Keywords

    Tariff Elasticity; Balance of Trade; Free Trade Agreements; India; ASEAN.;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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