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ASEAN-New Zealand Trade Relations and Trade Potential

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Abstract

This paper explores trade development by the Association of South East Asian Nations (ASEAN) with a particular reference to New Zealand and in the context of free trade agreements and partnerships. It describes the history of ASEAN, its trade composition, diversity and intensity. The paper includes an analysis of Kojima indices of trade intensities, the trade potential index and a gravity trade model using panel data and multivariate analysis. Hypotheses derived from trade theories are then tested to identify the key determinants of trade and the implications for policy. Overall, the study shows that economic integration has had a positive impact on ASEAN nations and with New Zealand and with ongoing potential.

Suggested Citation

  • Sayeeda Bano, 2010. "ASEAN-New Zealand Trade Relations and Trade Potential," Working Papers in Economics 10/01, University of Waikato.
    • Handle: RePEc:wai:econwp:10/01
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    File URL: https://repec.its.waikato.ac.nz/wai/econwp/1001.pdf
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    References listed on IDEAS

    as
    1. Subhash Sharma & Soo Chua, 2000. "ASEAN: economic integration and intra-regional trade," Applied Economics Letters, Taylor & Francis Journals, vol. 7(3), pages 165-169.
    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. Bhattacharyya Ranajoy & Banerjee, Tathagata, 2006. "Does the Gravity Model Explain India Direction of Trade? A Panel Data Approach," IIMA Working Papers WP2006-09-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    4. Sayeeda Bano, 2002. "Intra-Industry Trade and Trade Intensities: Evidence from New Zealand," Working Papers in Economics 02/05, University of Waikato.
    5. Rahman, Mohammad Mafizur, 2005. "The Determinants of Bangladesh's Trade: Evidence from the Generalized Gravity Model," Working Papers 3, University of Sydney, School of Economics.
    6. Jugurnath, Bhavish & Stewart, Mark & Brooks, Robert, 2007. "Asia/Pacific Regional Trade Agreements: An empirical study," Journal of Asian Economics, Elsevier, vol. 18(6), pages 974-987, December.
    7. Christos Papazoglou & Eric J. Pentecost & Helena Marques, 2006. "A Gravity Model Forecast of the Potential Trade Effects of EU Enlargement: Lessons from 2004 and Path‐dependency in Integration," The World Economy, Wiley Blackwell, vol. 29(8), pages 1077-1089, August.
    8. repec:ebl:ecbull:v:6:y:2008:i:14:p:1-12 is not listed on IDEAS
    9. Mark J. Holmes & Sayeeda Bano, 2008. "On openness and real exchange rate volatility," Economics Bulletin, AccessEcon, vol. 6(14), pages 1-12.
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    Cited by:

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    2. Dembatapitiya, Pradeepa, 2013. "An Analysis of Determinants of Agriculture Trade Intensities of South Asia," Sri Lankan Journal of Agricultural Economics, Sri Lanka Agricultural Economics Association (SAEA), vol. 14, pages 1-24.
    3. Ogundipe, Adeyemi & Amaghionyeodiwe, Lloyd, 2013. "Transnational Trade In Ecowas: Does Export Content Matter?," MPRA Paper 51617, University Library of Munich, Germany.

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    More about this item

    Keywords

    international trade; regional economic integration; trade potential; ASEAN-New Zealand trade; FTA; CEP;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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