CEU Electronic Theses and Dissertations, 2024
Author | Nguyen, Nam |
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Title | Have Bystanders in the US-China Trade War gained large benefits? Evidence from ASEAN Trade Balance |
Summary | Under the setting of the US-China Trade War, which happened in 2018, many bystander countries have risen as “winners” as they better exploited the economic and international trade opportunities that were brought about by the event. Among the bystanders which have been benefitting from the trade opportunities, ASEAN countries are of interest. This paper focuses on investigating the impacts of the US-China Trade War on the ASEAN’s trade relationship with the US and China through their trade balance (in goods). By applying the fixed-effects model on the panel data of 10 ASEAN countries’ trade balance (in goods) with both the US and China in the period of 2008 – 2022, the paper demonstrates how the trade balance of ASEAN countries with the US and China changed, for the period before and after the US-China Trade War. The main findings present that the happening of the US-China Trade War increases ASEAN’s trade surplus with the US and their trade deficit with China. This proposes more evidence to the shift of the global supply chain network and sheds light on the strategic policies for ASEAN to hedge for such disruptive events in the future and continue exploiting the opportunities created by the US-China Trade War. |
Supervisor | Akbar, Yusaf |
Department | Economics MA |
Full text | https://www.etd.ceu.edu/2024/nguyen_nam.pdf |
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