Economic Research Institute for ASEAN and East Asia
Trade
ERIA examines various aspects of trade starting from issues that can affect trade such as exchange rate volatility, trade facilitations, trade agreements, mega free trade agreements like the Regional Comprehensive Economic Partnership agreement (RCEP), trade liberalisation, tariffs and non-tariffs measures, and many more.
Divergence in Non-Tariff Measures and the Quality of Traded Products
09 May 2023
Non-tariff measures (NTMs) constitute a grey area where trade policy meets public policy goals. NTMs comprise a diverse set of regulatory policy measures, including testing … Read More
Regional Integration in Indo-Pacific: Connectivity, Cooperation, and New Supply-Chain Linkages
31 March 2023
The evolving economic architecture in the Indo-Pacific rests squarely on the post-war construct of the Asia-Pacific, which is undergoing changes in the established patterns of … Read More
Structural Transformation and the Global Production Value Chain: Potential Impact of the Cambodia–Republic of Korea FTA on Cambodia
27 March 2023
This policy brief examines the structural transformation of the Cambodian economy based on the impact of the CKFTA in terms of trade, output growth, and … Read More
Facilitating Global Trade and Investment and Leveraging Value Added in Downstream Industries
10 January 2023
Despite facing global uncertainties, Indonesia has achieved macroeconomic stability, supported by strong responses in fiscal and monetary policy, as well as robust domestic supply chains. … Read More
The Global Economic Outlook and the State of Indonesia
10 January 2023
The global economy is facing a perfect storm as a result of the coronavirus disease (COVID-19) pandemic, prolonged geopolitical tensions, soaring inflation, and tightening monetary … Read More
RCEP and Indonesia: Economic Reform and Prospects for Implementation
10 January 2023
The conclusion of the Regional Comprehensive Economic Partnership (RCEP) is very important for Indonesia as it may bring many benefits to the country. This paper … Read More
The Indo-Pacific Partnership and Digital Trade Rule Setting: Policy Proposals
14 December 2022
The idea of the Indo-Pacific was borne from a global trend that has (re)oriented the centre of the world’s economic gravity to the East. Accelerating … Read More
New Dynamism in ASEAN and East Asia: The Role of the RCEP as a ‘Living’ Agreement
06 December 2022
This policy brief highlights the importance of maintaining open regionalism and economic and regional integration for sustainable and inclusive regional and global growth in the … Read More
Global Value Chain Participation and Labour Productivity in Manufacturing Firms in Viet Nam: Firm-Level Panel Analysis
28 October 2022
This study describes the status of global value chains (GVCs) in Viet Nam and examines the roles of GVC participation and technology in enhancing labour … Read More
The Role of the Economic Research Institute for ASEAN and East Asia (ERIA) in Promoting the Regional Comprehensive Economic Partnership (RCEP)
24 October 2022
This paper aims to understand how the Economic Research Institute for ASEAN and East Asia (ERIA), an international organisation established under the East Asia Summit … Read More
Japan and the Regional Comprehensive Economic Partnership (RCEP)
24 October 2022
This paper aims to clarify the role of Japan in the process leading up to the establishment of the Regional Comprehensive Economic Partnership (RCEP). While … Read More
Global Value Chain Indicators: A Survey and Application to RCEP
21 October 2022
This study follows and extends a survey by Amador and Cabral (2014) on global value chain (GVC) indicators and applies selected indicators to data from … Read More
Economic and Technical Cooperation in the Regional Comprehensive Economic Partnership: Focus Areas and Support for Small and Medium-sized Enterprises
21 October 2022
Regional Comprehensive Economic Partnership (RCEP) member countries differ in terms of the level of development. To ensure the benefits of RCEP are distributed equitably, economic … Read More
Trade Remedies Chapter
21 October 2022
The aim of this paper is to analyse the trade remedies chapter in the Regional Comprehensive Economic Partnership (RCEP) agreement. Based on the comprehensive analysis … Read More
Restrictiveness of RCEP Rules of Origin: Implications for Global Value Chains in East Asia
21 October 2022
This chapter aims to examine the restrictiveness of rules of origin (RoO) in the Regional Comprehensive Economic Partnership (RCEP) and other key multilateral free trade … Read More
The Implications of the Regional Comprehensive Economic Partnership (RCEP) for Asian Regional Architecture
21 October 2022
East Asia’s Regional Comprehensive Economic Partnership (RCEP) came into force in 2022 as the world’s largest free trade agreement. RCEP was concluded, signed and brought … Read More
Potential Impact of RCEP and Structural Transformation on Cambodia
21 October 2022
This paper examines the potential impact of the Regional Comprehensive Economic Partnership (RCEP) on the Cambodian economy in terms of trade, output growth, and employment. … Read More
International Production Network in the Next Generation and the Role of RCEP
21 October 2022
This paper attempts to discuss the potential role of RCEP from the perspective of two kinds of international division of labor, i.e., machinery international production … Read More
Impact of the Regional Comprehensive Economic Partnership (RCEP): A Global Computable General Equilibrium (CGE) Simulation
21 October 2022
This study estimates the potential economic effects of the Regional Comprehensive Economic Partnership (RCEP) by using a recursively dynamic computable general equilibrium (CGE) model, which … Read More
RCEP Services Liberalisation: Key Features and Implications
21 October 2022
The Trade in Services Chapter of the RCEP Agreement establishes the rules for the progressive liberalisation of trade in the region and sets out regulatory … Read More
Non-tariff Measures Australia, China, India, Japan, New Zealand, Republic of Korea
30 September 2022
Non-Tariff Measures (NTMs) have become increasingly numerous and prominent. The majority of these NTMs are imposed for reasons not primarily related to trade: for human, … Read More
Regional Comprehensive Economic Partnership: Economic Backgrounds of ASEAN and Its Dialogue Partners
29 September 2022
We overview the economic backgrounds of the countries participating in the Regional Comprehensive Economic Partnership (RCEP) negotiations and two Association of Southeast Asian Nations (ASEAN) … Read More
Regional Comprehensive Economic Partnership, ASEAN’s Agency, and the Role of ASEAN Members in Shaping the Regional Economic Order
29 September 2022
The Regional Comprehensive Economic Partnership (RCEP) – a mega free trade agreement comprising 15 countries – the 10 Association of Southeast Asian Nations (ASEAN) Member … Read More
Centrality and Community: ASEAN in the Regional Comprehensive Economic Partnership
29 September 2022
This paper examines the Association of Southeast Asian Nations’ (ASEAN) role in the formation of the Regional Comprehensive Economic Partnership (RCEP) agreement. The RCEP project … Read More
The Comprehensive Asia Development Plan (CADP) 3.0: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy
16 September 2022
The coronavirus disease (COVID-19) pandemic has caused trade disruptions; a drop in foreign direct investment; and scarring effects on poverty, education, and women in many … Read More
The Investment Chapter in the Regional Comprehensive Economic Partnership: Enhanced Rules without Enforcement Mechanism
14 September 2022
This paper examines the legal rules in the investment chapter in the Regional Comprehensive Economic Partnership (RCEP). It starts with an overview and summary of … Read More
Traditional Services Trade in the Regional Comprehensive Economic Partnership
14 September 2022
Traditional services trade (TST), including tourism and transport services, is the basic and key component of services trade in the Regional Comprehensive Economic Partnership (RCEP). … Read More
Trade Facilitation in RCEP Countries
14 September 2022
The trade facilitation under the Regional Comprehensive Economic Partnership (RCEP) is critical for regional trade and economic cooperation amongst the 15 member countries. This chapter … Read More
Opportunities and Challenges for ASEAN and East Asia from the Regional Comprehensive Economic Partnership on E-Commerce
14 September 2022
The Regional Comprehensive Economic Partnership (RCEP) is a microcosm of the current tensions in negotiations on digital trade involving parties that have divergent positions on … Read More
How Preferential are RCEP Tariffs?
14 September 2022
This study discusses the extent to which the tariffs provided in the Regional Comprehensive Economic Partnership (RCEP) are preferential. RCEP does not necessarily adopt a … Read More
The Regional Comprehensive Economic Partnership Agreement and Europe: Impact and Implications
29 August 2022
In the first 2 decades of the millennium, European Union (EU) trade policy underwent historic changes, amongst them an explicit pivot to Asia. Along … Read More
The Post COVID-19 and RCEP: Pandemic Recovery in East Asia
15 August 2022
The paper examines the impact of the Regional Comprehensive Economic Partnership (RCEP) on the COVID-19 pandemic recovery of the East Asian countries. Recent studies highlight … Read More
Comparison of the Regional Comprehensive Economic Partnership (RCEP) and Other Free Trade Agreements (FTAs)
15 August 2022
This study evaluates the desirability of RCEP by comparing it with other mega-lateral FTAs. Evaluating the member-specific scale effects of the FTAs, we find that … Read More
The Story of RCEP: History, Negotiations, Structure, and Future Directions
15 August 2022
This paper is about the story of the Regional Comprehensive Economic Partnership (RCEP), including the history, dynamics of negotiations, and structure of this multilateral framework. … Read More
FDI Spillover Effects: Evidence from the Philippines
05 August 2022
Using firm-level data in manufacturing, this chapter examines the impact of foreign direct investment (FDI) spillover effects on domestic firm performance. Through knowledge spillovers, FDI … Read More
Changes in Trade and Investment Policies in Thailand and the Implications for Medium-term Growth
05 August 2022
This paper addresses the noticeable changes in trade and investment policies in Thailand in the new millennium and assesses their impact. These changes began with … Read More
Heyday of Asian Regionalism? The Implications of the Regional Comprehensive Economic Partnership for the United States
05 August 2022
This paper analyses the implications of the entry into force of the Regional Comprehensive Economic Partnership (RCEP) for the United States (US). Traditionally, trade policy … Read More
China and the Regional Comprehensive Economic Partnership: An Economic and Political Perspective
05 August 2022
This paper studies China’s policies and participation in East Asian economic integration and cooperation. The progress of the Regional Comprehensive Economic Partnership (RCEP) is remarkable … Read More
Australia’s Interests in East Asia’s Regional Comprehensive Economic Partnership
05 August 2022
The Regional Comprehensive Economic Partnership (RCEP) agreement was seen as important for Australia economically and politically from its inception. RCEP economies account for roughly two-thirds … Read More
New Normal, New Technologies, New Financing
22 June 2022
While the coronavirus disease (COVID-19) seems to be behind us now, the scarring effects on employment, poverty, and education will last forever. Women, youth, and … Read More
What Determines Interfirm Trade Credit? Empirical Evidence from the ASEAN
14 June 2022
This paper empirically examines the link between the heterogeneity of firms and their probability of obtaining interfirm trade credit in Asia, with a specific focus … Read More
Understanding SME Trade Finance in ASEAN: An Overview
22 February 2022
SMEs are the most important source of employment in all ASEAN countries, but a lack of access to external sources of finance may limit their … Read More
Call for Proposals: Global Trade and Economic Recovery in the Post-Pandemic World [Deadline Extended]
11 February 2022
Jakarta, 11 February 2022: The Monash Business School (Monash University, Melbourne) and the Economic Research Institute for ASEAN and East Asia (ERIA) are inviting research … Read More
Technical Barriers to Trade, Product Quality and Trade Margins: Firm-level Evidence
07 February 2022
As tariffs have declined to a low level, the trade literature has paid increasing attention to the impact of non-tariff measures. Unlike tariffs, non-tariff measures … Read More
Indonesia’s Local Content Requirements: An Assessment on Consistency with Free Trade Agreement Commitments
04 February 2022
Local content requirements (LCRs) are one of several economic instruments used by governments to protect infant domestic industries or to generate employment. Indonesia has LCR … Read More
Overview of Foreign Direct Investment, Trade, and Global Value Chains in East Asia
25 January 2022
This paper provides an overview of the patterns and trends of foreign direct investment (FDI) and trade as well as the formation and development of … Read More
COVID-19: Impacts of Indonesia's Trade
07 January 2022
This paper analyses how the coronavirus (COVID-19) has affected Indonesia’s exports and imports, both in terms of volume and value. We use monthly trade data … Read More
Export Market Survival of Pioneers and Followers
20 December 2021
This study investigates empirically whether export pioneers and followers are different in terms of export market survival, utilising a rich plant-product-level dataset on Korean manufacturing … Read More
Market Entry, Survival, and Exit of Firms in the Aftermath of Natural Hazard-related Disasters: A Case Study of Indonesian Manufacturing Plants
16 December 2021
By combining plant-level data from the Indonesian Manufacturing Survey and localised disaster data from the Emergency Events Database for the period 1990–2015, we were able … Read More
Handbook on East Asian Economic Integration
15 December 2021
This comprehensive Handbook provides an in-depth analysis of the nature of East Asian economic integration alongside thoughtful insights into contemporary issues, such as digital technology … Read More
Spillover Effects of Foreign and Domestic Exporting Firms on Export Decisions of Local Manufacturing Firms: Evidence from Viet Nam
15 December 2021
Our paper investigates the spillover effects generated by foreign and domestic exporting firms on export decisions of local manufacturing firms in Viet Nam – … Read More
13th Asia-Europe Meeting (ASEM) Summit
11 November 2021
The Asia-Europe Meeting (ASEM) is a unique cooperation initiative, bringing in scope for transnational cooperation between Partner countries, through regional and sub-regional activities. ASEM is … Read More
Robustness and Resilience of Supply Chains During the COVID-19 Pandemic: Findings from a Questionnaire Survey on the Supply Chain Links of Firms in ASEAN and India
15 September 2021
Using a unique firm-level data set from the Association of Southeast Asian Nations (ASEAN) and India collected from November 2020 to February 2021, this paper … Read More
Identifying the Impact of Supply Chain Disruption Caused by COVID-19 on Manufacturing Production in Japan
10 September 2021
COVID-19 has disrupted all aspects of our lives, including international trade. This paper investigates the effect of supply chain disruption on production activities, in particular … Read More
Regulatory Distance, Margins of Trade, and Regional Integration: The Case of the ASEAN+5
08 September 2021
This paper measures regulatory distance in non-tariff measures (NTMs) to examine the regulatory distance patterns and how the margins of trade respond to regulatory distance … Read More
The Trade Restrictiveness Index and Its Impact on Trade Performance in Selected East Asian Countries
07 September 2021
This paper aims to investigate the effect of non-tariff measures (NTMs) on trade in selected East Asian countries. In doing so, we first estimate the … Read More
COVID-19, Air Transportation, and International Trade in the ASEAN+5 Region
03 September 2021
This paper provides an in-depth description of the coronavirus disease (COVID-19) pandemic and its interactions with air transportation in the Association of Southeast Asian Nations … Read More
Globalisation and its Economic Consequences Looking at APEC Economies
31 August 2021
Given the rising criticisms of and growing doubts about globalisation, this timely edited volume looks at globalisation and its economic impact on eight countries in … Read More
Impact of the ASEAN Trade in Goods Agreements (ATIGA) on Intra-ASEAN Trade
16 August 2021
This report is an outcome of ERIA's quantitative assessment of the impact of the ASEAN Trade in Goods Agreement (ATIGA) on intra-ASEAN trade. The study … Read More
UK-ASEAN Trade: Strengthening the Supply Chain Linkages
11 August 2021
The United Kingdom (UK) and the Association of Southeast Asian Nations (ASEAN) have commenced a Dialogue Partnership which foresees years of closer economic relations ahead. … Read More
