Trade Creation in the APEC Region: Measurement of the Magnitude of and Changes in Intra-regional Trade since APEC’s Inception, October 2009

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Trade Creation in the APEC Region: Measurement of the Magnitude of and Changes in Intra-regional Trade since APEC’s Inception, October 2009

Publication Number

APEC#209-SE-01.2

Published Date

October 2009

Type of Publication

Reports

Publications Under

APEC Secretariat, APEC Policy Support Unit

Accessed

7723

Pages

50

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Description

This paper provides analytical evidence of how closely the region as a whole is connected and the member economies are linked with each other in terms of goods trade, and also by how much the region as a whole has increased its intraregional trade since APEC was founded in 1989.

 

This work is available for further use under creative commons licensing.
 

1. INTRODUCTION

2. STYLIZED FACTS ON THE APEC REGION AND ITS INTRA-REGIONAL TRADE
2.1. Diversity and Dynamism of the APEC Region
2.2. Changing Structure of Intra-regional Trade

3. EMPIRICAL SPECIFICATIONS OF THE GRAVITY MODEL
3.1. Benchmark Specification for Measuring Aggregate Effects of APEC Membership
3.2. Specification for Measuring Member-Specific Effects of APEC Membership
3.3. Specification for Measuring Year-Specific Effects of APEC Membership

4. ESTIMATION RESULTS
4.1. Aggregate Effects of APEC Membership
4.2. Member-Specific Effects of APEC Membership
4.3. Year-Specific Effects of APEC Membership

5. POLICY IMPLICATIONS
5.1. Policy Implications
5.2. Suggestions for Further Study

REFERENCES
APPENDIX: Data Sources