A Study of Thai Industrial Goods Potential under BIMSTEC Agreements (BIMSTEC)

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University of the Thai Chamber of Commerce. Journal Editorial Office
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Chulalongkorn University Printing House
University of the Thai Chamber of Commerce
Date Issued
2013
ISSN
0125-2437
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Text::Journal::Journal article
Abstract
This research has scrutinized and selected Thailand's industrial products that have the highest potential for competitiveness within the framework of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). The concept of this study has been divided into two main parts: the selection of the industrial primary and final targets. For the primary industrial targets, top ten core industries mostly on benefit from Free Trade Agreements under a framework of tariff reduction within BIMSTEC, are selected. The GTAP (Global Trade Analysis Project) model was the instrument employed for the selection. For the final industrial targets the first three industries with the highest potential are selected from the 10 industrial primary choices employing five instruments such as Revealed Comparative Advantage (RCA), Constant Market Share Model (CMS), Average Growth and Industrial Competitive Index (ICI) as well as an order of the market share to be additional factors for potential competitiveness determination.
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University of the Thai Chamber of Commerce Journal
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This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
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University of the Thai Chamber of Commerce
Bibliographic Citation
Aat Pisanwanich (2013) A Study of Thai Industrial Goods Potential under BIMSTEC Agreements (BIMSTEC). University of the Thai Chamber of Commerce Journal Vol.33 No.2.
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