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Trade integration of Thailand with Mekong region

Trade integration of Thailand with Mekong region Purpose The purpose of this paper is to examine the extent of the trade integration of Thailand with the Mekong region in comparison with its trade integration with the other major partners advanced ASEAN, China, India, Japan, and the USA.Designmethodologyapproach The study adopts the gravity trade model as an analytical framework, for the period from the 1980s through the 2000s.Findings It is found that Thailand's trade integration with the Mekong region has remarkably grown from the 1980s to the 2000s, in the sense that Thailand's total trade with the Mekong region, which lies below the gravitymodel standard in the 1980s, exceeds the standard in the 1990s and the 2000s. However, it is also found that the intensity of Thailand's trade integration with the Mekong region is still behind that with advanced ASEAN even in the 2000s. It might come from the higher servicelink costs that prevent the Mekong region from being fully involved in the international production network.Originalityvalue The paper may be valuable to the policy makers and researchers in the Mekong region, since it contributes to reviewing the twodecade progress of the regional cooperation of the Greater Mekong Subregion from such quantitative perspectives as trade integration. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Development Issues Emerald Publishing

Trade integration of Thailand with Mekong region

Taguchi, Hiroyuki
International Journal of Development Issues , Volume 12 (2): 13 – Jun 28, 2013
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References (22)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1446-8956
DOI
10.1108/IJDI-02-2013-0015
Publisher site
See Article on Publisher Site

Abstract

Purpose The purpose of this paper is to examine the extent of the trade integration of Thailand with the Mekong region in comparison with its trade integration with the other major partners advanced ASEAN, China, India, Japan, and the USA.Designmethodologyapproach The study adopts the gravity trade model as an analytical framework, for the period from the 1980s through the 2000s.Findings It is found that Thailand's trade integration with the Mekong region has remarkably grown from the 1980s to the 2000s, in the sense that Thailand's total trade with the Mekong region, which lies below the gravitymodel standard in the 1980s, exceeds the standard in the 1990s and the 2000s. However, it is also found that the intensity of Thailand's trade integration with the Mekong region is still behind that with advanced ASEAN even in the 2000s. It might come from the higher servicelink costs that prevent the Mekong region from being fully involved in the international production network.Originalityvalue The paper may be valuable to the policy makers and researchers in the Mekong region, since it contributes to reviewing the twodecade progress of the regional cooperation of the Greater Mekong Subregion from such quantitative perspectives as trade integration.

Journal

International Journal of Development Issues – Emerald Publishing

Published: Jun 28, 2013

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