IDEAS home Printed from https://ideas.repec.org/a/sae/soueco/v3y2002i2p177-199.html
   My bibliography  Save this article

Trade Policy Reforms in South Asia and Australia-South Asia Trade: Intensities and Complementarities

Author

Listed:
  • Jayatilleke S. Bandara

    (School of Economics, Griffith University, Australia Email: J.Bandaralage@mailbox.gu.edu.au)

  • Christine Smith

    (School of Economics, Griffith University, Australia Email: J.Bandaralage@mailbox.gu.edu.au)

Abstract

Although trade between Australia and the SAARC region has been quite low, it has been growing in recent years with progressive trade liberalization in Australia as well as in the SAARC region, but the potential for further expansion has not been extensively explored. The objective of this article is to analyze trade flows between Australia and SAARC countries using trade intensity index and the revealed comparative advantage index (RCA) to identify potential areas for further expansion of Australia's trade into the region. Our analysis of trade flows also demonstrates that there is a high level of trade complementarity between Australia and member countries of SAARC. This study reveals that there is an untapped potential for Australia to increase its exports to South Asia, based on these com plementarities.

Suggested Citation

  • Jayatilleke S. Bandara & Christine Smith, 2002. "Trade Policy Reforms in South Asia and Australia-South Asia Trade: Intensities and Complementarities," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 3(2), pages 177-199, September.
    • Handle: RePEc:sae:soueco:v:3:y:2002:i:2:p:177-199
    DOI: 10.1177/139156140200300204
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/139156140200300204
    Download Restriction: no
    File URL: https://libkey.io/10.1177/139156140200300204?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Khan, Saleem M., 1997. "South Asia: Free trade area and trade liberalization," Journal of Asian Economics, Elsevier, vol. 8(1), pages 165-177.
    2. Drysdale, Peter & Garnaut, Ross, 1982. "Trade Intensities and the Analysis of Bilateral Trade Flows in a Many-Country World : A Survey," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 22(2), pages 62-84, February.
    3. Bhagwati, Jagdish, 1993. "India in Transition: Freeing the Economy," OUP Catalogue, Oxford University Press, number 9780198288473.
    4. Arvind Panagariya, 1999. "Trade Policy in South Asia: Recent Liberalisation and Future Agenda," The World Economy, Wiley Blackwell, vol. 22(3), pages 353-378, May.
    5. David Dollar & Aart Kraay, 2004. "Trade, Growth, and Poverty," Economic Journal, Royal Economic Society, vol. 114(493), pages 22-49, February.
    6. Athukorala, Prema-chandra, 2000. "Agricultural trade policy reform in South Asia: the role of the Uruguay round and policy options for the future WTO agenda," Journal of Asian Economics, Elsevier, vol. 11(2), pages 169-193.
    7. Rahman, Mustafizur, 1997. "Recent policy of trade liberalization in Bangladesh and issues of regional cooperation in South Asia," Journal of Asian Economics, Elsevier, vol. 8(1), pages 117-141.
    8. Kojima, Kiyoshi, 1964. "The Pattern of International Trade Among Advanced Countries," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 5(1), pages 16-36, June.
    9. David DUNHAM & Saman KELEGAMA, 1997. "Stabilization And Adjustment: A Second Look At The Sri Lankan Experience, 1977–93," The Developing Economies, Institute of Developing Economies, vol. 35(2), pages 166-184, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Akhand Akhtar Hossain, 2009. "Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 12777.
    2. Amita Batra, 2010. "Asian Economic Integration ASEAN+3+1 or ASEAN+1s?," Working Papers id:2734, eSocialSciences.
    3. Maria Crescimanno & Domenico Farruggia & Antonino Galati & Dario Siggia, 2013. "Intensit? degli scambi agroalimentari tra i Paesi del bacino del Mediterraneo," Economia agro-alimentare, FrancoAngeli Editore, vol. 15(1), pages 13-35.
    4. Amita Batra, 2006. "Asian Economic Integration: ASEAN+3+1 or ASEAN+1s?," Indian Council for Research on International Economic Relations, New Delhi Working Papers 186, Indian Council for Research on International Economic Relations, New Delhi, India.
    5. Nigel Grimwade & David G. Mayes & Jiao Wang, 2011. "Estimating the Effects of Integration," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 13, Edward Elgar Publishing.
    6. Bo Chen & Yao Li, 2014. "Special Issue: Issues in Asia. Guest Editor: Laixun Zhao," Review of Development Economics, Wiley Blackwell, vol. 18(2), pages 326-339, May.
    7. Nassir Ul Haq Wani & Jasdeep Kaur Dhami, 2014. "Economic Concert, Collaboration and Prospective of Trade between India and Brazil," Foreign Trade Review, , vol. 49(4), pages 359-372, November.
    8. Yeats,Alexander James, 1997. "Does Mercosur's trade performance raise concerns about the effects of regional trade arrangements?," Policy Research Working Paper Series 1729, The World Bank.
    9. Yongzheng Yang & Mr. Sanjeev Gupta, 2005. "Regional Trade Arrangements in Africa: Past Performance and the Way Forward," IMF Working Papers 2005/036, International Monetary Fund.
    10. Chen, Shenjie, 2004. "The Variety Effects of Trade Liberalization," Conference papers 331222, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    11. repec:phd:pjdevt:jpd_1985_vol__xii_no__2-b is not listed on IDEAS
    12. Matthew McCartney, 2015. "The Missing Economic Magic: The Failure of Trade Liberalization and Exchange Rate Devaluation in Pakistan, 1980–2012," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 20(Special E), pages 59-86, September.
    13. Christopher Edmonds & Yao Li, 2010. "A New Perspective On China Trade Growth: Application Of A New Index Of Bilateral Trade Intensity," Working Papers 201025, University of Hawaii at Manoa, Department of Economics.
    14. Philip Stevens & Jasson Urbach & Gabrielle Wills, 2013. "Healthy Trade: The Relationship Between Open Trade and Health," Foreign Trade Review, , vol. 48(1), pages 125-135, February.
    15. Blackburn, Keith & Forgues-Puccio, Gonzalo F., 2009. "Why is corruption less harmful in some countries than in others?," Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 797-810, December.
    16. Donald McClatchy, 2001. "The Ongoing WTO Negotiations on Agriculture: Issues and Options for Bangladesh," CPD Working Paper 15, Centre for Policy Dialogue (CPD).
    17. Guillaume Daudin, 2003. "Tous unis contre le protectionnisme des pays du Nord ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 84(1), pages 95-130.
    18. Christopher Hartwell, 2022. "Institutions and trade‐related inequality," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 3246-3264, July.
    19. Fredy Cepeda-Lopez & Fredy Gamboa-Estrada & Carlos Leon-Rincón & Hernán Rincon-Castro, 2022. "Colombian Liberalization and Integration into World Trade Markets: Much Ado about Nothing," Revista de Economía del Rosario, Universidad del Rosario, vol. 25(2), pages 1-44, December.
    20. Georgescu, Marius, 2013. "Despre tensiunea local – global în economia mondială contemporană [About the local-global tension in the contemporary world economy]," MPRA Paper 49799, University Library of Munich, Germany.
    21. Marcel R Kohler & Janet O Bruce Brand, 2002. "Trade Policy And Labour Standards : General Perspectives And Imlications For South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 70(5), pages 932-954, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:soueco:v:3:y:2002:i:2:p:177-199. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.ips.lk/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.