Publishing Institution: Economic Research Institute for ASEAN and East Asia (ERIA) / Political Geography: Asia / Topic: Markets

Author:: Kaliappa Kalirajan, Huong Thi Thu Tran, and Yochang Liu
Publication Date:: 01-2020
Content Type:: Working Paper
Institution:: Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:: This study aims to analyse the possibility and challenges of encouraging private sector investment in low-carbon energy systems in Asia, particularly across the Regional Comprehensive Economic Partnership (RCEP) member countries, and to suggest an effective policy framework that governments could apply to improve the development and dissemination of low-carbon energy goods and technologies. The research questions examined in this study are: What type of policy measures affect trade in low-carbon energy systems transition, particularly the renewable energy transition? How can investment signals and incentives be reframed to scale up private finance in renewable energy through regional cooperation? The objective is to investigate and provide several market-based feasible trade policy and investment policy tools for both national and regional markets that governments could adopt to accelerate the speed of private financing of the low-carbon energy industry, particularly the renewable energy industry.
Topic:: Energy Policy, Markets, Trade, and Renewable Energy
Political Geography:: South Asia, East Asia, Asia, and Southeast Asia

Author:: Chin Hee Hahn and Ju Hyun Pyun
Publication Date:: 02-2020
Content Type:: Working Paper
Institution:: Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:: This study examines the effects of domestic output import tariff reduction on domestic plant export dynamics and clarifies the underlying mechanism, using rich plant–product data from the Republic of Korea for 1991–2002. We find that home import liberalisation increases domestic plants’ export market participation (extensive margins), particularly for industry where markup growth is more negative during tariff reductions. However, we do not find evidence that cutting import tariffs significantly affects incumbent home exporters’ export volume (intensive margins). This study unveils a new mechanism – ‘escape competition’ to foreign markets – by showing that reducing import tariffs leads domestic firms under heightened industry competition to look for an opportunity in foreign markets via export inauguration.
Topic:: Markets, Tariffs, and Imports
Political Geography:: Asia and South Korea

Author:: Phillippa Dee
Publication Date:: 10-2010
Content Type:: Policy Brief
Institution:: Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:: In services markets, there may be legitimate reasons to regulate. Integration efforts should target regulatory restrictions that explicitly limit competition, and those that are intended to meet legitimate objectives, but are clearly more burdensome than need to be. In health and maritime, ASEAN is already relatively liberal by international standards, although there is still scope to promote cross-border trade and ease costly cabotage restrictions. In telecommunications, the residual foreign equity limits are hard to understand, given that past reforms and current technologies have ensured that most markets are already relatively competitive. In finance, there is substantially more to do, despite progress made during the Asian financial crisis. And in air transport, despite commitments to open skies, there is a need to further align the content of bilateral air services agreements with regional integration objectives.
Topic:: International Cooperation, International Trade and Finance, Markets, Bilateral Relations, and Services
Political Geography:: Asia and Southeast Asia

Author:: Fukunari Kimura, Daisuke Hiratsuka, and Kazunari Tsukada
Publication Date:: 02-2009
Content Type:: Policy Brief
Institution:: Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:: How can Asia avoid another panic in international markets of our staple crops, particularly rice?Lessons from the last food crisis in 2006-2008.
Topic:: Security, International Trade and Finance, Markets, Regional Cooperation, and Food
Political Geography:: Asia

Refine your search