APTIAD
AsiaAsia‐‐Pacific Trade and Investment Pacific Trade and Investment Agreements DatabaseAgreements Database
http://www.unescap.org/tid/pta%5Fapp/
APTIAD
Purpose
• Mapping• Factual data and descriptive information• A common framework of analysis for assessing PTA developments in the ESCAP region, both ex‐ante evaluation and ex‐post performance monitoring
• Policy guidance
APTIAD
APTA
SAFTAAFTA
Bhutan
Sri Lanka
Maldives Bangladesh
IndiaPakistan China
Rep. of Korea
New ZealandBrunei
Darussalam CambodiaIndonesia
Lao PDR
MalaysiaMyanmar Philippines
Thailand
Viet Nam
Nepal
SPARTECA
Marshall Is. Micronesia
Palau Tuvalu
Cook Is. Fiji Kiribati Nauru Niue Samoa
Tonga VanuatuSolomon Is.
MSG
Australia
Singapore
Papua New Guinea
USA
Chile
Japan
Hong Kong, China
Macao, China
Jordan
Bahrain
BIMSTEC
PICTA
EFTAEU
Turkey
Russian Fed.
Georgia
Kyrgyzstan
Armenia
Kazakhstan
Ukraine
Azerbaijan
Turkmenistan
Afghanistan
APTIAD, Sep 2006, some PTA s not shown
Moldova
Niger
CISFTA
GULF
APTA
SAFTAAFTA
Bhutan
Sri Lanka
Maldives Bangladesh
IndiaPakistan China
Rep. of Korea
New ZealandBrunei
Darussalam CambodiaIndonesia
Lao PDR
MalaysiaMyanmar Philippines
Thailand
Viet Nam
Nepal
SPARTECA
Marshall Is. Micronesia
Palau Tuvalu
Cook Is. Fiji Kiribati Nauru Niue Samoa
Tonga VanuatuSolomon Is.
MSG
Australia
Singapore
Papua New Guinea
USA
Chile
Japan
Hong Kong, China
Macao, China
Jordan
Bahrain
BIMSTEC
PICTA
EFTAEU
Turkey
Russian Fed.
Georgia
Kyrgyzstan
Armenia
Kazakhstan
Ukraine
Azerbaijan
Turkmenistan
Afghanistan
APTIAD, Sep 2006, some PTA s not shown
Moldova
Niger
CISFTA
GULF
Mexico
PanamaPeru
Qatar
Canada
SACU MERCOSUR
ANALYSIS
• Currently simple approach (2 variants): 15 INDICATORS based on GTAP or COMTRADE trade flows:– Trade Dependence– Trade Intensity– Complementarity– Revealed Comparative Advantage– Regional Orientation– Regional Market Share, – etc.
APTIAD
Type of questions:
• Has intra‐regional trade intensified post‐formation of a preferential agreement?– Trade intensity looks at trade share relative to world average trade share; if greater than 1, then regional trade is “intense” and for AFTA we have
APTIAD
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Intra Extra
• Can we identify those sectors that might be significant sources of trade diversion?– Regional orientation (with RCA), the relative degree to which exports of a good intra‐regionally compare to those extra‐regionally
APTIAD
• Can we identify those sectors in which members have comparative advantage?– Revealed comparative advantage, if greater than 1, indicates a country exports more of that good than the world average
Limitations
• Indices with trade statistics can help to understand what is happening to trade patterns within RTAs, but they cannot demonstrate causality
• Should be used as a tool in identifying potential areas of progress / concern for more in depth analysis using– Econometric and general equilibrium modelling approaches
APTIAD