Arbeitspapier

An empirical analysis of ASEAN's labor-intensive exports

This paper investigates the factors affecting the demand for the Association of Southeast Asian Nations' (ASEAN) labor-intensive exports. Results obtained using a panel data set including exports to 25 countries indicate that an appreciation in ASEAN countries would substantially reduce exports of clothing, furniture, and footwear. In addition, an increase in foreign income and an appreciation among competitors would raise ASEAN's exports. These results indicate that profit margins for labor-intensive manufactures are thin and that slow growth abroad will curtail ASEAN's exports. These findings imply that policymakers should seek to promote domestic demand, expand the technological base, and consider exchange rate coordination to mitigate beggar-thy-neighbor policies.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper ; No. 166

Klassifikation
Wirtschaft
Current Account Adjustment; Short-term Capital Movements
Open Economy Macroeconomics

Ereignis
Geistige Schöpfung
(wer)
Thorbecke, Willem
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Thorbecke, Willem
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2009

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