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The Asian Crisis and Australia-East Asia Trade Flows: A Modified Gravity Approach

Pemasiri Gunawardana, Ramya Hewarathna

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Abstract

This paper analyses the determinants of Australia-East Asia trade flows, examines the impact of the Asian crisis on such trade flows, and explores the potential for further expansion of trade flows between Australia and East Asia. The analysis is based on modified gravity trade models. Separate models are estimated for Australias merchandise exports to and merchandise imports from nine East Asian countries, using pooled data for the period 1979-98.

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What this paper is about

This paper analyses the determinants of Australia-East Asia trade flows, examines the impact of the Asian crisis on such trade flows, and explores the potential for further expansion of trade flows between Australia and East Asia. The analysis is based on modified gravity trade models. Separate models are estimated for Australias merchandise exports to and merchandise imports from nine East Asian countries, using pooled data for the period 1979-98.

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OpenAlex reports 3 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

This paper analyses the determinants of Australia-East Asia trade flows, examines the impact of the Asian crisis on such trade flows, and explores the potential for further expansion of trade flows between Australia and East Asia. The analysis is based on modified gravity trade models. Separate models are estimated for Australias merchandise exports to and merchandise imports from nine East Asian countries, using pooled data for the period 1979-98.

Key concepts: East Asia, Gravity model of trade, International trade, Geography, Financial crisis, Economics, International economics, China

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