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The economic effects of forming Korean-ASEAN free trade agreements : The case of IT industry

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  • The economic effects of forming Korean-ASEAN free trade agreements
  • Kim, Kiheung
  • University of Washington


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Title The economic effects of forming Korean-ASEAN free trade agreements
Similar Titles
Sub Title

The case of IT industry

Material Type Reports
Author(English)

Kim, Kiheung

Publisher

[Seattle, U.S.]:University of Washington

Date 2005
Pages 45
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Industry and Technology < IT
Holding University of Washington

Abstract

This study shows that market size, all distance between any two countries are significant factors for the bilateral trade in the Korea and ASEAN. The intra-Bloc A (Korea-ASEAN)trade is insignificant except 1997 and 2000. But, when we add the Bloc-B dummy(ASEAN plus China, Japan and Korea), Bloc-B dummy becomes significant, indicating that the intra-regional trade of Southeast Asia grow faster than what can be explained by the gravity variables. The possibility of "ASEAN+3" Economic Cooperation region (Bloc-B) eliminates the statistical significance of intrabloc A trade for 1992. South Korea's role in the ASEAN+ 3's free trade and investment scheme will facilitate its integration into regional and global economies. This paper investigates the current bilateral trade pattern in IT industry among KoreaASEAN and examines the economic impact of Korea-ASEAN FTA within the industry level. (The rest omitted)