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Expanding international trade beyond the RTA border: The case of ASEAN's economic diplomacy |
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| Authors: | Chang Hoon Oh W Travis Selmier II |
| Institution: | aFaculty of Business, Brock University, St. Catharines, Ontario, Canada L2S 3A1;bDepartment of Political Science, Indiana University, Bloomington, IN 47405, United States |
| Abstract: | We examine the roles of regional trade agreements (RTAs) not only in regionalization processes but also in globalization of trade. Results from various specifications of the gravity equation model confirm that a country can noticeably increase directional trade through diplomatic relations as well as through membership. |
| Keywords: | Regional trade agreements Diplomacy International trade Gravity equation ASEAN |
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