{"title":"Assessing the Impact of the Regional Comprehensive Economic Partnership on ASEAN Trade","authors":"Sithanonxay Suvannaphakdy","doi":"10.1355/ae38-1f","DOIUrl":null,"url":null,"abstract":"Abstract:The Regional Comprehensive Economic Partnership (RCEP) is a regionwide free trade agreement (FTA) linking the ten ASEAN economies to their “+5” partners, namely Australia, China, Japan, New Zealand and South Korea. It covers both trade and non-trade related issues ranging from rules of origin and trade facilitation to intellectual property rights and investment. This study examines the likely impact of RCEP on trade alone, taking into account the fact that all its members are already participants in a number of other FTAs. Using latest FTA data from the WTO on imports and exports, this study reveals that tariff reduction under RCEP will erode ASEAN’s trade preferences provided by existing FTA partners, while reallocating import sources of ASEAN countries towards more efficient RCEP partners.","PeriodicalId":43712,"journal":{"name":"Journal of Southeast Asian Economies","volume":"38 1","pages":"133 - 154"},"PeriodicalIF":0.8000,"publicationDate":"2021-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Southeast Asian Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1355/ae38-1f","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 4
Abstract
Abstract:The Regional Comprehensive Economic Partnership (RCEP) is a regionwide free trade agreement (FTA) linking the ten ASEAN economies to their “+5” partners, namely Australia, China, Japan, New Zealand and South Korea. It covers both trade and non-trade related issues ranging from rules of origin and trade facilitation to intellectual property rights and investment. This study examines the likely impact of RCEP on trade alone, taking into account the fact that all its members are already participants in a number of other FTAs. Using latest FTA data from the WTO on imports and exports, this study reveals that tariff reduction under RCEP will erode ASEAN’s trade preferences provided by existing FTA partners, while reallocating import sources of ASEAN countries towards more efficient RCEP partners.
期刊介绍：
The Journal of Southeast Asian Economies (JSEAE) is a peer-reviewed multi-disciplinary journal focusing on economic issues in Southeast Asia. JSEAE features articles based on original research, research notes, policy notes, review articles and book reviews, and welcomes submissions of conceptual, theoretical and empirical articles preferably with substantive policy discussions. Original research articles and research notes can be country studies or cross-country comparative studies. For quantitative-oriented articles, authors should strive to ensure that their work is accessible to non-specialists. Submitted manuscripts undergo a rigorous peer-review process – two reviewers for original research articles and one reviewer for research notes and policy notes. The journal is published three times a year: April, August and December.
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