Impact of BIMP-EAGA on Mindanao exports / Larry N. Digal
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TextPublication details: Bago Oshiro, Tugbok District, 8000 Davao City, Philippines Office of Research, University of the Philippines in Mindanao April 2004Subject(s): Online resources:
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Banwa vol.1, no.1 (April 2004), 155-178 p.Abstract: This paper examines the impact of Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) initiative on Mindanao exports to Brunei, Indonesia, and Malaysia (BIM). Using an export demand model, the study shows a significant impact of EAGA on the volume of Mindanao exports to Brunei but not for Malaysia and Indonesia. Exports to BIM are generally dependent on price. However, income elasticities are generally elastic which suggest increasing opportunities for Mindanao to export to BIM as per capita income improves in these countries.
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This paper examines the impact of Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) initiative on Mindanao exports to Brunei, Indonesia, and Malaysia (BIM). Using an export demand model, the study shows a significant impact of EAGA on the volume of Mindanao exports to Brunei but not for Malaysia and Indonesia. Exports to BIM are generally dependent on price. However, income elasticities are generally elastic which suggest increasing opportunities for Mindanao to export to BIM as per capita income improves in these countries.
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