A CGE ANALYSIS OF THE ASEAN+3 FREE TRADE AGREEMENT UNDER DIFFERENT MARKET STRUCTURES

Title
A CGE ANALYSIS OF THE ASEAN+3 FREE TRADE AGREEMENT UNDER DIFFERENT MARKET STRUCTURES
Author(s)
이상호Kim, Chung-Sil[Kim, Chung-Sil]
Issue Date
201212
Publisher
HITOTSUBASHI ACAD
Citation
HITOTSUBASHI JOURNAL OF ECONOMICS, v.53, no.2, pp.201 - 215
Abstract
In this paper, we investigate the economic effects of possible free trade agreements among ASEAN+3 countries, and then compare the economic results of those FTAs. Our main findings are as follows. First, the trilateral FTA among Korea, China, and ASEAN (FTA_KCA) under the imperfectly competitive model, which would bring about a 1.02% increase in GDP for Korea, is the second-best choice for Korea. Second, according to the sectoral effects, we determined that the output of agricultural products would decrease when China joins the FTA. This is because China has a comparative advantage in the production and export of agricultural products.
URI
http://hdl.handle.net/YU.REPOSITORY/26709
ISSN
0018-280X
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자연자원대학 > 식품자원경제학과 > Articles
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