TDoes AFTA Create More Trade for Thailand? An Investigation of Some Key Trade Indicators


Abstract: This paper examines whether the ASEAN Free Trade Agreement (AFTA) creates trade for Thailand or actually diverts it away from the coun-try. It does this by analyzing various trade indicators the Export Similarity Index, the Intra-Industry Trade Index, and Revealed Comparative Advantage (RCA) rank correlation. By examining the patterns of trade between Thailand and other members of ASEAN, it reveals a high degree of similarity regarding the trade structure between Thailand and AFTA ...