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Abstract

This article focuses on examining the impact of factors affecting Vietnam’s wood products export to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The gravity model is employed with reference to previous empirical studies and the practical conditions of Vietnam. In addition, we also consider the influence of the US’s accession to the CPTPP on the export turnover of Vietnam's wooden furniture. The Random Effects Model (REM) is used to analyze the panel data of CPTPP countries in the period 1996-2015. The results show that the supply of wood materials, furniture import duties of CPTPP partners, Vietnam's economic and trade expansion have the strongest impact on the wood product export of Vietnam into the CPTPP market. Besides, Vietnam’s wooden furniture industry still enjoys the benefits from the Agreement whether the US becomes a member of CPTPP or not, as long as Vietnam has proper preparations to meet the requirements of the Agreement.



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Article Details

Issue: Vol 4 No 2 (2020): Under Publishing
Page No.: Online First
Published: Apr 30, 2020
Section: Research article
DOI: https://doi.org/10.32508/stdjelm.v4i2.617

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Creative Commons License

Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 How to Cite
Nen, N. (2020). Factors affecting Vietnam’s wooden furniture export into CPTPP countries. Science & Technology Development Journal - Economics - Law and Management, 4(2), Online First. https://doi.org/https://doi.org/10.32508/stdjelm.v4i2.617

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