Impact of BIMP-EAGA on Mindanao Exports

Larry N Digal, Milva Lunod

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, results show 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.