Impact of India-ASEAN Free Trade Agreement: An Assessment from the Trade Creation and Trade Diversion Effects-Reference-Cited by-同舟云学术

Impact of India-ASEAN Free Trade Agreement: An Assessment from the Trade Creation and Trade Diversion Effects

Published:2021-07-08 Issue:4 Volume:56 Page:400-414
ISSN:0015-7325
Container-title:Foreign Trade Review
language:en
Short-container-title:Foreign Trade Review

Author:

Singh Loitongbam Bishwanjit¹

Affiliation:

1. Department of South East Asian Studies, Manipur University, Canchipur, Imphal, Manipur, India.

Abstract

This article investigates the impacts on the India–Association of Southeast Asian Nations (ASEAN) Free Trade Agreement (IAFTA) on trade creation and trade diversion. The gravity model is employed, where multilateral resistance terms are included. A panel data set of 45 countries that included India, ASEAN-10 nations and India’s top 34 trading partners in 2018 were used for the period from 1996 to 2018. The article explored that IAFTA leads to a trade creation in total bilateral trade in terms of exports and imports. The analysis further explored that the import creation effect was higher than that of the export creation effect.

Publisher

SAGE Publications

Subject

Marketing,General Economics, Econometrics and Finance,Business and International Management

Link

http://journals.sagepub.com/doi/pdf/10.1177/00157325211021503

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