Volatility of International Trade Flows: Case of ASEAN Free Trade Agreement Members
Journal Title: Alanya Akademik Bakış - Year 2019, Vol 3, Issue 1
Abstract
In this study, the volatility of international trade flows have been tested in a period covering 1990-2017 for the ten members of ASEAN free trade agreement with annually indicators and panel data techniques. According to the results obtained from the empirical part, there is a cyclical relationship between import and export components and they are more volatile than economic growth variable. While it can be seen for the whole panel data set that there is a causality from economic growth towards net trade, it cannot be claimed that the volatility of trade flows in Laos, Myanmar, Philippines, Thailand and Malaysia in particular is due to economic growth. Moreover, exports and imports are co-integrated both within themselves and separately by the economic growth rate, and thus they are moving together so international trade flows are not stable and uncertain.
Authors and Affiliations
Yağmur SAĞLAM
Keywords
Related Articles
- EP ID EP446925
- DOI 10.29023/alanyaakademik.483909
- Views 121
- Downloads 0
Alanya’daki Belediye Hizmetleri Performans Algısının Değerlendirilmesi Üzerine Örnek Bir Çalışma
Yerel halkın ihtiyaç ve beklentilerinin karşılanmasında en etkin kurum belediyelerdir. İhtiyaç ve beklentilerin karşılanması ve bu bağlamda duyulan memnuniyetin ölçülmesi belediyelerin ileriye dönük planlamaları açısında...
The Potential of Bilateral Trade Between Egypt And Nile Basin Countries: A Gravity Model Approach
This research aims at determining the factors affecting the agricultural bilateral trade flows of Egypt with the Nile Basin countries using the gravity model. Basic and Augmented models have been estimated for both Egypt...
Spiritüelite (Ruhsallık) ve İş Ortamında Anlam Arayışı
Günümüz toplumunun giderek maneviyattan uzaklaşan yaşam tarzı ve rekabetçi iş ortamının zorunlu kıldığı aşırı materyalist iş mantığı, çalışanların iş ortamında maneviyattan yoksun ve ruhlarını zedeleyen bir atmosfere mar...
The Limits of Duty and Authority Sharing Between Local Governments– Central Administrations in Turkey within the Light of Constitutional Court
Determination of the fields of activity and decentralization is one of the most significant aspects of the autonomy of local governments in their relations with central administrations. This feature known as functional a...
The Effect of Asylum Seekers on Foreign Tourists’ Destination Choices: A Study Related to Turkey
The purpose of this study is to determine how foreign tourists who have chosen Turkey as a touristic destination are affected from the presence of asylum seekers. In this concept, nine scenarios are created to apply fore...