Impact of ASEAN plus one FTAs: A gravity approach

This study examines the trade effect of ASEAN-plus-one free trade agreements with 6 partners, including Japan, China, Korea, India, Australia and New Zealand. The gravity model has been used with the inclusion of country-pair effect and country-and-time effect to prove significant impacts of ASEAN-plus-one FTAs on trade of members and trade of the outsiders.