Revival Duration and Determinants of ASEAN Machinery Trade During COVID-19 Pandemic and the Global Financial Crisis. Issue 4 (16th March 2023)

• Record Type: Journal Article
• Authors: Chang, Chia-Lin; Wang, Yu-Hui; Chang, Kuo-I
• Is Part Of: Emerging markets finance & trade. Volume 59:Issue 4(2023)
• Page Start: 1089
• Page End: 1103
• Publication Date: 2023-03-16
• Subjects: Intermediate products -- COVID-19 -- global financial crisis -- survival analysis -- ASEAN; F14 -- F10 -- F61; Balkan Peninsula -- Commerce -- Periodicals; Balkan Peninsula -- Foreign economic relations -- Periodicals; Europe, Central -- Commerce -- Periodicals; Europe, Central -- Foreign economic relations -- Periodicals; Europe, Eastern -- Commerce -- Periodicals; Europe, Eastern -- Foreign economic relations -- Periodicals; Turkey -- Commerce -- Periodicals; Turkey -- Foreign economic relations -- Periodicals; Asia -- Commerce -- Periodicals; Asia -- Foreign economic relations -- Periodicals; Eurasia -- Commerce -- Periodicals; Eurasia -- Foreign economic relations -- Periodicals; 382.05
• DOI: 10.1080/1540496X.2022.2128751
• Languages: English
• ISSNs: 1540-496X

Abstract

ABSTRACT: This study performs survival analysis to evaluate duration of revived and new machinery import and the hazard ratios (HRs) of covariates related to the global financial crisis (GFC) and COVID-19 pandemic in the Association of Southeast Asian Nations (ASEAN). The results indicate that large tariff margins decreased the possibility of disruption (HR: 0.8024) to Japanese import from ASEAN countries after revived during the COVID-19 pandemic and increased the possibility of disruption (HR: 1.0338) to Chinese import from ASEAN countries of new import during the GFC.