id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-8083	Sun, Xueting; Jiao, Hanzi; Tang, Wenhui; Zhu, Guiling; Wu, Xinbei; Zhou, Zejiong	On the Impact of the ASEAN Free Trade Agreement on Intermediate and Final Goods Trade in its Free Trade Zone	2023	5	.pdf	application/pdf	4048	140	46	First, the signing of CAFTA has promoted the growth of China- ASEAN intermediate and final goods trade, indicating that it has made remarkable achievements in reducing trade barriers and promoting trade exchanges between the two sides; Second, the impact of CAFTA on intermediate trade is greater than that of final goods trade, mainly because the reduction of trade barriers not only drives intermediate goods trade, but also further promotes intermediate goods trade. The development of intermediate trade can not only promote the economic growth of China and ASEAN, but also enhance the competitive advantage of China's regional production network in Southeast Asia; Third, the impact of distance on trade with intermediate goods is lower than that of final goods trade, mainly because the final goods are more time-sensitive than intermediate goods and require higher transportation costs; Fourth, labor level (i.e. factor endowment) has little impact on intermediate goods trade, because intermediate products are heterogeneous products and have a significant locking effect.	cache/fbem-8083.pdf	txt/fbem-8083.txt