Yeh, Kuo-chun; Ho, Tai-kuang - In: Japan and the World Economy 22 (2010) 1, pp. 59-68
In Taiwan, Japan and even the United States, economic isolation has become a major concern due to the growing Chinese economy, which may lead to welfare losses for the isolated countries. On the basis of the framework developed by Plasmans et al. [Plasmans, J., Engwerda, J., van Aarle, B., Di...