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The Impact of ASEAN Free Trade Area (AFTA) on Selected Agricultural Products in ASEAN Countries: An Application of Spatial Price Equilibrium Model

The Impact of ASEAN Free Trade Area (AFTA) on Selected Agricultural Products in ASEAN Countries: An Application of Spatial Price Equilibrium Model

von Lilibeth Acosta
Taschenbuch - 9783631344804
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Beschreibung

The Association of Southeast Asian Nation (ASEAN) was created as early as 1967 but ASEAN economic cooperation moved in a lackluster pace with few concrete accomplishments. To move the organization from its benign state of economic cooperation, the member states signed in 1992 the agreement on ASEAN Free Trade Area (AFTA) which is to be fully realized by the year 2003. Although agricultural products were initially excluded from the agreement to protect a sensitive sector like agriculture from open regional competition, the member states decided to include them in AFTA in 1995. Through application of a spatial price equilibrium model, the effects of AFTA on demand, supply, prices and trade of selected agricultural products in ASEAN countries and their major trading partners were analyzed. The spatial characteristic of the model analysis facilitated simulation of trade flows and thus provided insights on the possible changes in intra- and extra-ASEAN trade.

Details

Verlag Peter GmbH Lang
Ersterscheinung April 1999
Maße 211 mm x 151 mm x 18 mm
Gewicht 353 Gramm
Format Taschenbuch
ISBN-13 9783631344804
Auflage Nicht bekannt
Seiten 234

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