The Impacts of AFTA on International Trade in Laos | Zendy

Outhai Keochaiyom | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

The Impacts of AFTA on International Trade in Laos

Author(s) -

Outhai Keochaiyom

Publication year - 2015

Publication title -

journal of international logistics and trade

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.161

H-Index - 3

eISSN - 2508-7592

pISSN - 1738-2122

DOI - 10.24006/jilt.2015.13.1.99

Subject(s) - international trade , tariff , gravity model of trade , international economics , international free trade agreement , trade volume , economics , bilateral trade , trade barrier , business , geography , china , archaeology

Laos joined ASEAN in 1997 and has practiced the Common Effective Preferential Tariff (CEPT) scheme under ASEAN Free Trade Area (AFTA) since 1998. To estimate the effects of AFTA on international trade in Laos, this paper has built a gravity model to analyze the specific effects of AFTA on aggregate international trade volume, import and export in Laos by using bilateral trade data between Laos and 29 partner countries during 2000 and 2012. Binary variables and the size of economy of AFTA are chosen to be the two variables reflecting the effect of AFTA on international trade of Laos. Results indicate that AFTA has positive effects on aggregate international trade volume and import while negative effects on export in Laos.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research