An Examining Factors Influencing International Export and Import Relationships in Context of Vietnam’s Free Trade Agreements

Ha Thi Thanh Le, Wing-Keung Wong, Eko Hariyadi

Abstract


The paper uses a gravity model to analyze the factors include GDP, population, the distance between Vietnam and other countries in the region, the exchange rate, national borders and Free Trade Agreements which affect to the two-way trade between Vietnam and other countries in the Comprehensive Economic Partnership for East Asia by combining regression methods for panel data as Pooled OLS, Random Effect Model, Fixed Effect Model and Hausman Taylor. According to the results, the study shows that factors such gross domestic product, population, and exchange rates are the significant influent in trading relationship between Vietnam and other partner countries in the region, however, the signing of Free Trade Agreements is not as effective as expected. The authors partly explain the model and help find out the important factors affecting the context of Vietnam's trade in the region.


Keywords


Free trade agreement; Trade; Import; Export.

References


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DOI: https://doi.org/10.18196/jesp.v25i1.22152

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