Jurnal Ekonomi Kuantitatif Terapan
Vol. 19 No. 1 (2026): Vol. 19, No. 1, Februari 2026 (pp.1-233)

The ASEAN Export Paradox: Endogenous Resilience and Structural Transformation in Southeast Asian Trade Dynamics

Endang (Universitas Bojonegoro)
Hartiningsih Astuti (Universitas Bojonegoro)
Diah Chitra Puspitaningrum (Universitas Bojonegoro)



Article Info

Publish Date
28 Feb 2026

Abstract

This study analyzes relationships between ASEAN exports and key macroeconomic variables (imports, GDP current prices, GDP per capita, inflation, FDI) during 2013-2022. Few studies have discussed this relationship using a Vector Error Correction Model approach with comprehensive panel data from all ASEAN member states. Results reveal that exports exhibit high endogeneity with 98.21% of variability explained by internal dynamics. This research identifies a temporal dichotomy where imports positively affect exports in the short-term but negatively in the long-term. We observe an "Economic Development Paradox" where GDP growth reduces export orientation as domestic markets strengthen. Granger causality tests confirm the export-led growth hypothesis for ASEAN economies. FDI functions as a structural catalyst with positive long-term effects on export performance. This study contributes methodologically through analysis that combines long-term equilibrium relationships with short-term adjustment mechanisms. These findings have implications for regional trade policy, highlighting the need for strategic FDI enhancement, balanced development approaches, and strengthened value chain integration to sustain ASEAN's competitiveness, which has not yet formed a fully integrated economic community.

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Journal Info

Abbrev

jekt

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Kuantitatif Terapan is a journal that is focused as an empirical means of publication of scientific papers with emphasis contents of the article on the use of quantitative analysis tools (econometrics, parametric and non-parametric statistics, descriptive statistics, input-output, ...