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Asia-Pacific countries are currently negotiating two mega-regional free trade agreements (FTAs), namely Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP). The objectives of this paper are twofold. First, by using a dynamic applied general equilibrium model...
Persistent link: https://www.econbiz.de/10011213341
In this paper we compare welfare effects and the extent of sectoral adjustments of the member countries under alternative free trade agreement (FTA) sequencings in the Asia-Pacific region using a dynamic computable general equilibrium (CGE) model. If a Trans-Pacific Partnership (TPP) agreement...
Persistent link: https://www.econbiz.de/10010539593
In this paper, we compare welfare effects and the extent of sectoral adjustments of the member countries under alternative free trade agreement (FTA) sequencings in the Asia-Pacific region using a dynamic computable general equilibrium (CGE) model. If a Trans-Pacific Partnership (TPP) agreement...
Persistent link: https://www.econbiz.de/10010685327
Consequences of the ASEAN Economic Community (AEC) are investigated using a dynamic computable general equilibrium (CGE) model. Quantitative assessments of the effects on economic welfare, trade flows and sectoral output are offered. When the removal of trade barriers are combined with...
Persistent link: https://www.econbiz.de/10008871125
There has been a surge of interest in free trade agreements (FTAs) in East Asian countries. One of the FTAs actively discussed is the Japan and ASEAN (the Association of South East Asian Nations) free trade agreement. The purpose of this study is to undertake quantitative analysis of the...
Persistent link: https://www.econbiz.de/10009430617
Applied general equilibrium (AGE) analysis is often found to under-predict the increases in trade and economic growth that result from trade liberalization. One potential reason is that conventional AGE models ignore the strong correlations that exist between firm productivity, on the one hand,...
Persistent link: https://www.econbiz.de/10005515624
This study attempts to evaluate the potential economic effects of liberalization and improved connectivity and facilitation of trade in goods and services among the ASEAN member states (AMSs) by applying economy-wide simulation analysis based on a recursively dynamic computable general...
Persistent link: https://www.econbiz.de/10011116320
Since the latter half of 1990s, it has been discussed that many developing countries are going to face serious population aging problem while these economies are still underdeveloped and not adequately prepared against aging yet in terms of institutional reform such as social security. As the...
Persistent link: https://www.econbiz.de/10010886606
Since the latter half of 1990s, it has been discussed that many developing countries are going to face serious population aging problem while these economies are still underdeveloped and not adequately prepared against aging yet in terms of institutional reform such as social security. As the...
Persistent link: https://www.econbiz.de/10010886680
Persistent link: https://www.econbiz.de/10006089103