|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|88093||2018||19 صفحه PDF||سفارش دهید||5509 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : Journal of Asian Economics, Volume 55, April 2018, Pages 33-41
This study uses a stochastic gravity model to estimate efficiency levels of Vietnamâs exports with its major trading partners. Export efficiency is defined as the ratio of actual exports to the maximum possible volume. In addition, the study investigates the impact of Free Trade Agreements (FTAs) and rules of origin on export efficiency, focusing on Vietnamâs exports to its major trading partners during the period 1995â2013. The empirical results suggest that the volume of Vietnamâs actual exports is far below the estimated efficient level, and that there is considerable room for increasing Vietnamâs exports. Membership in ASEAN contributed positively to the countryâs trade efficiency while rules of origin and non-membership in EU and NAFTA had a negative impact. Those findings imply that Vietnam should enter more FTAs with trading partners and adopt lenient rules of origin in FTA negotiations; and that attracting export-oriented FDI and improving the mix of exports could enhance the countryâs trade efficiency substantially.