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Does export promotion policy benefit for ASEAN economic development?

Research output: Contribution to journalArticlepeer-review

Abstract

The main objective of this research is to analyse whether the export promotion policy can benefit ASEAN economic growth. The study applies secondary data from 1993 to 2015 in five countries of ASEAN: Indonesia, Malaysia, Philippines, Thailand and Singapore. 3SLS methods are applied in this study. The results suggest that the import substitution policy implemented in five ASEAN countries tend to accelerate the economic growth through agroindustry advancement. However, for non-agricultural base countries, promotion export would speed up industrialisation toward rapid economic growth.

Original languageEnglish
Pages (from-to)3-11
Number of pages9
JournalInternational Journal of Trade and Global Markets
Volume11
Issue number1-2
DOIs
Publication statusPublished - 2018

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • Export promotion
  • Import tariff
  • Industrialisation
  • International trade

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