The Effect of trade sepecialization and institutional quality on Intra-Asean trade

Intra-ASEAN trade is stagnant at 20% to 25% for the past few decades. This is partly because ASEAN members are overl-reliant on non-ASEAN countries for their exports. Several suggestions have been put forward such as exchange rates and trade agreement which observed so far as having limited effec...

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Bibliographic Details
Main Author: A. Bakar, Norhayati
Format: Thesis
Language:English
Published: 2017
Subjects:
Online Access:http://eprints.usm.my/60960/1/The%20effect%20of%20trade%20cut.pdf
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Summary:Intra-ASEAN trade is stagnant at 20% to 25% for the past few decades. This is partly because ASEAN members are overl-reliant on non-ASEAN countries for their exports. Several suggestions have been put forward such as exchange rates and trade agreement which observed so far as having limited effect to increase intra-ASEAN trade. In this study, we propose and examine the role of trade specialization and the quality of institutions among ASEAN for a period between 1996 and 2015. ASEAN countries are generally endowed with similar resources have a tendency to compete with each other for similar .products. Specialization in certain production, while leaving the other members to produce is theoretically helpful to promote trade among ASEAN.