Research
Assessing the trade relationship between Guangxi Province and ASEAN countries under China-ASEAN Free Trade Area
Author(s): Zhan Jingang, Eric Yaw Naminse*, Cheng Jia and Zhan Manlin
This study explores the trade relationship between Guangxi province and ASEAN countries under the China-ASEAN Free Trade Area (CAFTA) agreement. We used the gravity model of trade and econometric regression model to carry out the study with data obtained from 2002 to 2018.
The empirical results show that the trade relation between Guangxi province and ASEAN countries has significant growth and different characteristics at different stages. The results also show that GDP of ASEAN countries, FDI of Guangxi province and population of Guangxi province have positive and significant effects on trade. In particular, Guangxi’s FDI is identified as one of the factors which helps to promote trade relations between Guangxi province and ASEAN countries, and has a positive correlation coefficient of 0.207 at the 5% significance level. Based on the findings, we suggest that; first, .. View More»
Select your language of interest to view the total content in your interested language