Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis

The Korean economy had achieved economic ‘miracles’ in the past, but it currently faces many challenges, economically and politically (Tran Van Hoa, 2002), compounded by a global economic slowdown with hesitant recovery (IMF, 2004), terrorist attacks, regional wars, the SARS and avian flu outbreaks...

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Bibliographic Details
Main Author: Tran, Van Hoa
Format: Article in Journal/Newspaper
Language:unknown
Published: Association of Korean Economic Studies 2004
Subjects:
Centre for Strategic Economic Studies (CSES)
1401 Economic Theory
ResPubID12529
new Asian regionalism
Free Trade Agreement
extended gravity theory
modelling economic and trade policy
Avian flu
Online Access:https://vuir.vu.edu.au/2669/
http://www.akes.or.kr/akes/downfile/Tran20Van20Hoa.pdf
id ftuvictoria:oai:eprints.vu.edu.au:2669
record_format openpolar
spelling ftuvictoria:oai:eprints.vu.edu.au:2669 2024-02-11T10:02:15+01:00 Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis Tran, Van Hoa 2004 https://vuir.vu.edu.au/2669/ http://www.akes.or.kr/akes/downfile/Tran20Van20Hoa.pdf unknown Association of Korean Economic Studies https://vuir.vu.edu.au/2669/ Tran, Van Hoa (2004) Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis. Journal of Korean Economy, 5 (2). pp. 73-108. ISSN 1598-2750 Centre for Strategic Economic Studies (CSES) 1401 Economic Theory ResPubID12529 new Asian regionalism Free Trade Agreement extended gravity theory modelling economic and trade policy Article PeerReviewed 2004 ftuvictoria 2024-01-22T23:25:44Z The Korean economy had achieved economic ‘miracles’ in the past, but it currently faces many challenges, economically and politically (Tran Van Hoa, 2002), compounded by a global economic slowdown with hesitant recovery (IMF, 2004), terrorist attacks, regional wars, the SARS and avian flu outbreaks in Asia, and domestic and global uncertainty ahead. The paper introduces the extended gravity theory to construct a simple flexible simultaneous-equation econometric model of Korea trade and growth with its major trading partners, and provides efficient empirical results on its trade-growth causality and trade determination over the past two decades. Based on these findings, economic policy challenges are then targeted for study and solution development. Article in Journal/Newspaper Avian flu VU Research Repository
institution Open Polar
collection VU Research Repository
op_collection_id ftuvictoria
language unknown
topic Centre for Strategic Economic Studies (CSES)
1401 Economic Theory
ResPubID12529
new Asian regionalism
Free Trade Agreement
extended gravity theory
modelling economic and trade policy
spellingShingle Centre for Strategic Economic Studies (CSES)
1401 Economic Theory
ResPubID12529
new Asian regionalism
Free Trade Agreement
extended gravity theory
modelling economic and trade policy
Tran, Van Hoa
Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis
topic_facet Centre for Strategic Economic Studies (CSES)
1401 Economic Theory
ResPubID12529
new Asian regionalism
Free Trade Agreement
extended gravity theory
modelling economic and trade policy
description The Korean economy had achieved economic ‘miracles’ in the past, but it currently faces many challenges, economically and politically (Tran Van Hoa, 2002), compounded by a global economic slowdown with hesitant recovery (IMF, 2004), terrorist attacks, regional wars, the SARS and avian flu outbreaks in Asia, and domestic and global uncertainty ahead. The paper introduces the extended gravity theory to construct a simple flexible simultaneous-equation econometric model of Korea trade and growth with its major trading partners, and provides efficient empirical results on its trade-growth causality and trade determination over the past two decades. Based on these findings, economic policy challenges are then targeted for study and solution development.
format Article in Journal/Newspaper
author Tran, Van Hoa
author_facet Tran, Van Hoa
author_sort Tran, Van Hoa
title Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis
title_short Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis
title_full Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis
title_fullStr Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis
title_full_unstemmed Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis
title_sort korea's trade, growth of trade and the world economy in post-crisis asean+3 free trade agreement: an econometric and policy analysis
publisher Association of Korean Economic Studies
publishDate 2004
url https://vuir.vu.edu.au/2669/
http://www.akes.or.kr/akes/downfile/Tran20Van20Hoa.pdf
genre Avian flu
genre_facet Avian flu
op_relation https://vuir.vu.edu.au/2669/
Tran, Van Hoa (2004) Korea's trade, growth of trade and the world economy in post-crisis ASEAN+3 free trade agreement: An econometric and policy analysis. Journal of Korean Economy, 5 (2). pp. 73-108. ISSN 1598-2750
_version_ 1790598190741848064

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