Trade Flow among Association of South-East Asian Nations (ASEAN) Countries: A Trade Intensity Approach

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Authors

  • Ravinder
     Research Scholar, Haryana School of Business, Guru Jambheshwar University of Science and Technology, Hisar ? 125001, Haryana ,IN
  • Poonam
     Research Scholar, Haryana School of Business Guru Jambheshwar University of Science and Technology, Hisar ? 125001, Haryana ,IN
  • Vijender Pal Saini
     Assistant Professor, Haryana School of Business, Guru Jambheshwar University of Science and Technology, Hisar ? 125001, Haryana ,IN

DOI:

https://doi.org/10.18311/sdmimd/2022/30720

Keywords:

Association of South-East Asian Nations (ASEAN) Exports, Imports, Trade Flow, Trade Intensity Index

Abstract

This paper features the integration of trade among five founding member countries of ASEAN during the period 2001-2019. To measure the trade relations between two countries, a variety of statistical indicators are available, but in this paper trade intensity index is applied. As a general rule, when a country’s trade intensity index of imports and exports is observed to be more than one with the trading partner, then it indicates a high degree of trade association between them. The empirical results signify that the pair-wise export and import intensity index of these countries is greater than one, suggesting significant trade among the member countries. The study has many policy implications. Although the trade intensity index is greater than one for all counties, the value varies, signifying the under-developed bilateral trade areas among the region which need to be focused. Further, the regional and cultural differences should be coped up to accelerate the trade in the region.

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Published

2022-09-01

How to Cite

Ravinder, ., Poonam, ., & Saini, V. P. (2022). Trade Flow among Association of South-East Asian Nations (ASEAN) Countries: A Trade Intensity Approach. SDMIMD Journal of Management, 13(2), 51–62. https://doi.org/10.18311/sdmimd/2022/30720

Issue

Volume 13, Issue 2, September 2022

Section

Research Papers

License

Copyright (c) 2022 Ravinder, Poonam and Vijender Pal Saini

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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