The ASEAN+3 trading bloc

Yum K. KWAN, Larry D. QIU

Research output: Journal PublicationsJournal Article (refereed)

Abstract

The ASEAN+3 proposal has attracted attention in Asia and the world. We argue
that a free trade agreement (FTA) for ASEAN+3 is beneficial to all member
countries due to three factors: (i) existing and expected vertical foreign direct
investment linkage between Japan/Korea and ASEAN member countries, (ii) high
expected growth rate of the Chinese economy, and (iii) the economic diversity
among members of ASEAN+3 group
Original languageEnglish
Pages (from-to)1-31
Number of pages32
JournalJournal of Economic Integration
Volume25
Issue number1
DOIs
Publication statusPublished - Mar 2010
Externally publishedYes

Fingerprint

Economics
Factors
Korea
Free trade agreements
Asia
Japan
Chinese economy
Linkage

Bibliographical note

The authors benefited from presentation of an earlier version of this paper at the
Conference on New Regionalism in East Asia, held in Korea, and two referees’
comments. This project was financially supported by the Research Grant Council
of Hong Kong (grant number HKUST6214/00H), the City University of Hong
Kong (grant number 7001140), and the Research Center for International
Economics of the City University of Hong Kong.

Keywords

  • ASEAN
  • free trade agreement
  • trade creation
  • trade diversion
  • foreign direct investment
  • trading bloc

Cite this

KWAN, Yum K. ; QIU, Larry D. . / The ASEAN+3 trading bloc. In: Journal of Economic Integration. 2010 ; Vol. 25, No. 1. pp. 1-31.
@article{6af35687892e4b75abc2510ab5cb8eeb,
title = "The ASEAN+3 trading bloc",
abstract = "The ASEAN+3 proposal has attracted attention in Asia and the world. We arguethat a free trade agreement (FTA) for ASEAN+3 is beneficial to all membercountries due to three factors: (i) existing and expected vertical foreign directinvestment linkage between Japan/Korea and ASEAN member countries, (ii) highexpected growth rate of the Chinese economy, and (iii) the economic diversityamong members of ASEAN+3 group",
keywords = "ASEAN, free trade agreement, trade creation, trade diversion, foreign direct investment, trading bloc",
author = "KWAN, {Yum K.} and QIU, {Larry D.}",
note = "The authors benefited from presentation of an earlier version of this paper at the Conference on New Regionalism in East Asia, held in Korea, and two referees’ comments. This project was financially supported by the Research Grant Council of Hong Kong (grant number HKUST6214/00H), the City University of Hong Kong (grant number 7001140), and the Research Center for International Economics of the City University of Hong Kong.",
year = "2010",
month = "3",
doi = "10.11130/jei.2010.25.1.1",
language = "English",
volume = "25",
pages = "1--31",
journal = "Journal of Economic Integration",
issn = "1225-651X",
publisher = "Sejong University",
number = "1",

}

The ASEAN+3 trading bloc. / KWAN, Yum K.; QIU, Larry D. .

In: Journal of Economic Integration, Vol. 25, No. 1, 03.2010, p. 1-31.

Research output: Journal PublicationsJournal Article (refereed)

TY - JOUR

T1 - The ASEAN+3 trading bloc

AU - KWAN, Yum K.

AU - QIU, Larry D.

N1 - The authors benefited from presentation of an earlier version of this paper at the Conference on New Regionalism in East Asia, held in Korea, and two referees’ comments. This project was financially supported by the Research Grant Council of Hong Kong (grant number HKUST6214/00H), the City University of Hong Kong (grant number 7001140), and the Research Center for International Economics of the City University of Hong Kong.

PY - 2010/3

Y1 - 2010/3

N2 - The ASEAN+3 proposal has attracted attention in Asia and the world. We arguethat a free trade agreement (FTA) for ASEAN+3 is beneficial to all membercountries due to three factors: (i) existing and expected vertical foreign directinvestment linkage between Japan/Korea and ASEAN member countries, (ii) highexpected growth rate of the Chinese economy, and (iii) the economic diversityamong members of ASEAN+3 group

AB - The ASEAN+3 proposal has attracted attention in Asia and the world. We arguethat a free trade agreement (FTA) for ASEAN+3 is beneficial to all membercountries due to three factors: (i) existing and expected vertical foreign directinvestment linkage between Japan/Korea and ASEAN member countries, (ii) highexpected growth rate of the Chinese economy, and (iii) the economic diversityamong members of ASEAN+3 group

KW - ASEAN

KW - free trade agreement

KW - trade creation

KW - trade diversion

KW - foreign direct investment

KW - trading bloc

U2 - 10.11130/jei.2010.25.1.1

DO - 10.11130/jei.2010.25.1.1

M3 - Journal Article (refereed)

VL - 25

SP - 1

EP - 31

JO - Journal of Economic Integration

JF - Journal of Economic Integration

SN - 1225-651X

IS - 1

ER -