Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5

ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore, and Thailand) exports have grown rapidly over the last few decades. This speedy growth of exports may adversely affect economic welfare if it is followed by deterioration in the terms of trade. However, increases in the variety of products trade...

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Main Authors:	Mat Ghani, Gairuzazmi, Sofyan, Joel Farouk
Format:	Article
Language:	English English
Published:	Universiti Kebangsaan Malaysia 2014
Subjects:	HB Economic Theory
Online Access:	http://irep.iium.edu.my/42103/ http://irep.iium.edu.my/42103/ http://irep.iium.edu.my/42103/4/42103-Trade%20Variety%20and%20Export%20Performance%20of%20ASEAN-5.pdf http://irep.iium.edu.my/42103/5/42103-Trade%20Variety%20and%20Export%20Performance%20of%20ASEAN-5_SCOPUS.pdf

id	iium-42103
recordtype	eprints
spelling	iium-421032017-09-19T06:59:35Z http://irep.iium.edu.my/42103/ Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5 Mat Ghani, Gairuzazmi Sofyan, Joel Farouk HB Economic Theory ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore, and Thailand) exports have grown rapidly over the last few decades. This speedy growth of exports may adversely affect economic welfare if it is followed by deterioration in the terms of trade. However, increases in the variety of products traded and improvements in technology will move a country up the value chain and halt the terms of trade deterioration. Another important characteristic of ASEAN-5 exports is the heavy reliance on imported intermediate components; thus import variety may also be an important factor that affects the growth of ASEAN-5’s exports. This study measured the dynamics of the export and import varieties of ASEAN-5 for the period from 1991-2008 using variety indexes based on Shannon’s entropy. It then determined whether expansion in the varieties of products exported and imported, if any, have helped to explain the rapid growth of exports. Eksport negara-negara ASEAN-5 (Indonesia, Malaysia, Filipina, Singapura, dan Thailand) telah berkembang dengan amat pesat sejak beberapa dekad yang lalu. Namun pertumbuhan pesat eksport boleh menjejaskan kebajikan rakyat sesebuah negara jika ia diikuti dengan kemerosotan terma perdagangan (terms of trade). Peningkatan jenis-jenis produk yang didagangkan dan teknologi dapat menggerakkan negara ke arah yang lebih tinggi dalam rantaian nilai dan menghentikan kemerosotan terma perdagangan. Satu lagi ciri penting bagi eksport Negara-negara ASEAN-5 adalah kebergantungan pada pengimportan komponen pengantara; dengan itu kepelbagaian import juga merupakan faktor penting yang dapat memberi kesan kepada pertumbuhan eksport ASEAN-5. Kajian ini mengukur dinamik untuk kepelbagaian eksport dan import bagi negara-negara ASEAN-5 bagi tempoh 1991-2008 menggunakan indek-indek kepelbagaian berdasarkan entropi Shannon. Ia kemudian menentukan sama ada perkembangan kepelbagaian dalam jenis produk yang dieksport dan diimport dapat menerangkan pertumbuhan pesat eksport di negara-negara ASEAN-5 Universiti Kebangsaan Malaysia 2014 Article PeerReviewed application/pdf en http://irep.iium.edu.my/42103/4/42103-Trade%20Variety%20and%20Export%20Performance%20of%20ASEAN-5.pdf application/pdf en http://irep.iium.edu.my/42103/5/42103-Trade%20Variety%20and%20Export%20Performance%20of%20ASEAN-5_SCOPUS.pdf Mat Ghani, Gairuzazmi and Sofyan, Joel Farouk (2014) Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5. Jurnal Ekonomi Malaysia, 48 (1). pp. 49-61. ISSN 0126-1962 http://www.ukm.my/fep/jem/pdf/2014-48(1)/jeko_48(1)-5.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Mat Ghani, Gairuzazmi Sofyan, Joel Farouk Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5
description	ASEAN-5 (Indonesia, Malaysia, Philippines, Singapore, and Thailand) exports have grown rapidly over the last few decades. This speedy growth of exports may adversely affect economic welfare if it is followed by deterioration in the terms of trade. However, increases in the variety of products traded and improvements in technology will move a country up the value chain and halt the terms of trade deterioration. Another important characteristic of ASEAN-5 exports is the heavy reliance on imported intermediate components; thus import variety may also be an important factor that affects the growth of ASEAN-5’s exports. This study measured the dynamics of the export and import varieties of ASEAN-5 for the period from 1991-2008 using variety indexes based on Shannon’s entropy. It then determined whether expansion in the varieties of products exported and imported, if any, have helped to explain the rapid growth of exports. Eksport negara-negara ASEAN-5 (Indonesia, Malaysia, Filipina, Singapura, dan Thailand) telah berkembang dengan amat pesat sejak beberapa dekad yang lalu. Namun pertumbuhan pesat eksport boleh menjejaskan kebajikan rakyat sesebuah negara jika ia diikuti dengan kemerosotan terma perdagangan (terms of trade). Peningkatan jenis-jenis produk yang didagangkan dan teknologi dapat menggerakkan negara ke arah yang lebih tinggi dalam rantaian nilai dan menghentikan kemerosotan terma perdagangan. Satu lagi ciri penting bagi eksport Negara-negara ASEAN-5 adalah kebergantungan pada pengimportan komponen pengantara; dengan itu kepelbagaian import juga merupakan faktor penting yang dapat memberi kesan kepada pertumbuhan eksport ASEAN-5. Kajian ini mengukur dinamik untuk kepelbagaian eksport dan import bagi negara-negara ASEAN-5 bagi tempoh 1991-2008 menggunakan indek-indek kepelbagaian berdasarkan entropi Shannon. Ia kemudian menentukan sama ada perkembangan kepelbagaian dalam jenis produk yang dieksport dan diimport dapat menerangkan pertumbuhan pesat eksport di negara-negara ASEAN-5
format	Article
author	Mat Ghani, Gairuzazmi Sofyan, Joel Farouk
author_facet	Mat Ghani, Gairuzazmi Sofyan, Joel Farouk
author_sort	Mat Ghani, Gairuzazmi
title	Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5
title_short	Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5
title_full	Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5
title_fullStr	Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5
title_full_unstemmed	Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5
title_sort	trade variety and export performance of asean-5 = kepelbagaian perdagangan dan prestasi eksport asean-5
publisher	Universiti Kebangsaan Malaysia
publishDate	2014
url	http://irep.iium.edu.my/42103/ http://irep.iium.edu.my/42103/ http://irep.iium.edu.my/42103/4/42103-Trade%20Variety%20and%20Export%20Performance%20of%20ASEAN-5.pdf http://irep.iium.edu.my/42103/5/42103-Trade%20Variety%20and%20Export%20Performance%20of%20ASEAN-5_SCOPUS.pdf
first_indexed	2023-09-18T21:00:05Z
last_indexed	2023-09-18T21:00:05Z
_version_	1777410564463525888

Trade variety and export performance of ASEAN-5 = Kepelbagaian perdagangan dan prestasi eksport ASEAN-5

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