Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach
Abstract Generally, trade policies exclude provision for predictability and accountability as transparency measures and facilitates trade consensus that enhance market access, reduce trading costs, and promote cooperation. In analyzing the trajectories on transparency, free trade agreement (FTA), an...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2018-05-01
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| Series: | Journal of Economic Structures |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1186/s40008-018-0109-z |
| _version_ | 1819064212733820928 |
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| author | Rosalyn Perkins Mary Caroline Castaño Condrad Montemayor |
| author_facet | Rosalyn Perkins Mary Caroline Castaño Condrad Montemayor |
| author_sort | Rosalyn Perkins |
| collection | DOAJ |
| description | Abstract Generally, trade policies exclude provision for predictability and accountability as transparency measures and facilitates trade consensus that enhance market access, reduce trading costs, and promote cooperation. In analyzing the trajectories on transparency, free trade agreement (FTA), and trade growth, many scholars investigate international trade norms on how countries play a proactive role to increase competition and improve transparency but limited in scope on the inter-linkages between these three variables that contribute to trade and economic growth. This paper intends to address this missing link by examining the causal relationships between the two transparency measures, FTA, and trade growth from a sample of 15 countries in the Asia-Pacific region using panel regression analysis. Results show a significant impact in trade growth affected by a percent changed in predictability and FTA measures. While increase in trade disputes, i.e., less accountability transparency measure tends to decrease trade growth. By determining the effects of transparency practices and FTAs in the international trade arena, the study concludes that these trade policy tools are important parameters to boost trade growth. |
| first_indexed | 2024-12-21T15:26:59Z |
| format | Article |
| id | doaj.art-224e5ef0b34a4f66b0d99ada61edda8b |
| institution | Directory Open Access Journal |
| issn | 2193-2409 |
| language | English |
| last_indexed | 2024-12-21T15:26:59Z |
| publishDate | 2018-05-01 |
| publisher | SpringerOpen |
| record_format | Article |
| series | Journal of Economic Structures |
| spelling | doaj.art-224e5ef0b34a4f66b0d99ada61edda8b2022-12-21T18:58:53ZengSpringerOpenJournal of Economic Structures2193-24092018-05-017111810.1186/s40008-018-0109-zAnalysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approachRosalyn Perkins0Mary Caroline Castaño1Condrad Montemayor2Pontifical and Royal University of Santo TomasPontifical and Royal University of Santo TomasPontifical and Royal University of Santo TomasAbstract Generally, trade policies exclude provision for predictability and accountability as transparency measures and facilitates trade consensus that enhance market access, reduce trading costs, and promote cooperation. In analyzing the trajectories on transparency, free trade agreement (FTA), and trade growth, many scholars investigate international trade norms on how countries play a proactive role to increase competition and improve transparency but limited in scope on the inter-linkages between these three variables that contribute to trade and economic growth. This paper intends to address this missing link by examining the causal relationships between the two transparency measures, FTA, and trade growth from a sample of 15 countries in the Asia-Pacific region using panel regression analysis. Results show a significant impact in trade growth affected by a percent changed in predictability and FTA measures. While increase in trade disputes, i.e., less accountability transparency measure tends to decrease trade growth. By determining the effects of transparency practices and FTAs in the international trade arena, the study concludes that these trade policy tools are important parameters to boost trade growth.http://link.springer.com/article/10.1186/s40008-018-0109-zAccountabilityFTAPredictabilityTrade growthTrade policyTransparency |
| spellingShingle | Rosalyn Perkins Mary Caroline Castaño Condrad Montemayor Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach Journal of Economic Structures Accountability FTA Predictability Trade growth Trade policy Transparency |
| title | Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach |
| title_full | Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach |
| title_fullStr | Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach |
| title_full_unstemmed | Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach |
| title_short | Analysis of predictability and accountability transparency practices and FTA on trade growth in selected countries of the Asia-Pacific region: a descriptive-causal approach |
| title_sort | analysis of predictability and accountability transparency practices and fta on trade growth in selected countries of the asia pacific region a descriptive causal approach |
| topic | Accountability FTA Predictability Trade growth Trade policy Transparency |
| url | http://link.springer.com/article/10.1186/s40008-018-0109-z |
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