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Impacts of the U.S.–China Trade War on ASEAN: Case of Thailand

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  • Bhanupong Nidhiprabha

    (Faculty of Economics Thammasat University 2 Prachan Road, Bangkok 10200 Thailand)

Abstract

With nearly a year of trade dispute between the United States and China, it has become apparent that the global economy will slow down, and this will have a direct impact on world trade. We adopt a vector autoregressive model to examine the impact of the U.S.–China trade war on the Thai economy. The results indicate that Thailand's output and exports to key markets are adversely affected by the escalating trade dispute. The slowdown in the Chinese economy will also put further downward pressure on world commodity prices, which in turn will reduce Thailand's exports.

Suggested Citation

  • Bhanupong Nidhiprabha, 2019. "Impacts of the U.S.–China Trade War on ASEAN: Case of Thailand," Asian Economic Papers, MIT Press, vol. 18(3), pages 166-188, Fall.
  • Handle: RePEc:tpr:asiaec:v:18:y:2019:i:3:p:166-188
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