Impact of Myanmar’S trade liberalization on the country’s international trade environment: a gravity approach
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Jinhwan Oh ; Kyi Cin Thant [1]
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[1] International University of Japan
International University of Japan
Nishi Ku, Japón
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- Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 16, Nº. 2, 2016, págs. 141-156
- Idioma: inglés
- Enlaces
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Resumen
Using a gravity model with a panel dataset encompassing ASEAN countries and their 85 trading partners for a 15-year time period (1994-2008), this study empirically examines ASEAN members’ trade pattern. Then, using this empirical result, we simulate Myanmar’s gravity-based predicted trade flows. This simulation reveals that Myanmar’s trade has been distorted due to political factors, including economic sanctions. However, the degree of distortion has been varying over countries; distortion with Japan has declined while distortion with the U.S. has increased. As a result of these political factors, economic contact with Myanmar’s neighboring countries, particularly with Thailand has skyrocketed
