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Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration

Yıl 2017, Cilt: 7 Sayı: 4, 714 - 725, 01.12.2017

Öz

Over the past few decades, Association of Southeast Asian Nations (ASEAN’s) economic structure has continued to change. Overall, ASEAN’s economic structure has shifted towards the service sector in line with the growing importance of this sector in the economy. This structural shift is very rapid along with the growing importance of the role of the service sector in supporting the agricultural sector and the manufacturing sector. Therefore, it is important to conduct further researches in the dynamics of service trade in ASEAN in achieving integration. This study focuses on the openness of ASEAN countries to trade. Openness as a basic component in the integration process is analyzed through a set of trade policies made as well as the complexity and depth of commitment in service trade agreements. The database used covers all ASEAN countries during the 2005-2014 timeframe. This study employs a descriptive analysis as the main approach, supported by fixed effect model to see the factors which contribute to the openness of ASEAN countries. The results of this study indicate that the openness of service trade in ASEAN is influenced by a set of limiting and facilitating policies. In addition, the complexity and depth of commitment play a role in influencing the openness of service trade. In the interim, variables of trade volume, population, real effective exchange rate, service trade facilities, and human capital contribute significantly to the openness of service trade in ASEAN. It can therefore be construed that the openness of service trade is determined by the policy instruments and commitments in the service trade agreements made.

Yıl 2017, Cilt: 7 Sayı: 4, 714 - 725, 01.12.2017

Öz

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Ayrıntılar

Diğer ID JA47BH46HJ
Bölüm Araştırma Makalesi
Yazarlar

Arkan Fadhil Bu kişi benim

Fithra Faisal Hastiadi Bu kişi benim

Yayımlanma Tarihi 1 Aralık 2017
Yayımlandığı Sayı Yıl 2017 Cilt: 7 Sayı: 4

Kaynak Göster

APA Fadhil, A., & Hastiadi, F. F. (2017). Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration. International Journal of Economics and Financial Issues, 7(4), 714-725.
AMA Fadhil A, Hastiadi FF. Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration. IJEFI. Aralık 2017;7(4):714-725.
Chicago Fadhil, Arkan, ve Fithra Faisal Hastiadi. “Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration”. International Journal of Economics and Financial Issues 7, sy. 4 (Aralık 2017): 714-25.
EndNote Fadhil A, Hastiadi FF (01 Aralık 2017) Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration. International Journal of Economics and Financial Issues 7 4 714–725.
IEEE A. Fadhil ve F. F. Hastiadi, “Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration”, IJEFI, c. 7, sy. 4, ss. 714–725, 2017.
ISNAD Fadhil, Arkan - Hastiadi, Fithra Faisal. “Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration”. International Journal of Economics and Financial Issues 7/4 (Aralık 2017), 714-725.
JAMA Fadhil A, Hastiadi FF. Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration. IJEFI. 2017;7:714–725.
MLA Fadhil, Arkan ve Fithra Faisal Hastiadi. “Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration”. International Journal of Economics and Financial Issues, c. 7, sy. 4, 2017, ss. 714-25.
Vancouver Fadhil A, Hastiadi FF. Dynamics of Service Trade in Association of Southeast Asian Nations: Process Towards Integration. IJEFI. 2017;7(4):714-25.