Regional Integration in Asia and Its Effects on the EU and North America

Consequences of free-trade agreements (FTAs) among the ASEAN+3 and ASEAN+6 countries are explored using a dynamic computable general equilibrium (CGE) model. Quantitative assessments of intra- and extra-regional effects on welfare, trade and output are offered. When both trade facilitation and endog...

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Main Authors:	Lee, Hiro, Owen, Robert F., van der Mensbrugghe, Dominique
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Country and Industry Studies of Trade F140 Economic Integration F150 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Agriculture in International Trade Q170
Online Access:	http://hdl.handle.net/10986/4673

id	okr-10986-4673
recordtype	oai_dc
spelling	okr-10986-46732021-04-23T14:02:19Z Regional Integration in Asia and Its Effects on the EU and North America Lee, Hiro Owen, Robert F. van der Mensbrugghe, Dominique Country and Industry Studies of Trade F140 Economic Integration F150 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Agriculture in International Trade Q170 Consequences of free-trade agreements (FTAs) among the ASEAN+3 and ASEAN+6 countries are explored using a dynamic computable general equilibrium (CGE) model. Quantitative assessments of intra- and extra-regional effects on welfare, trade and output are offered. When both trade facilitation and endogenously determined productivity are included in the FTA scenarios, Singapore, other ASEAN countries and China would be able to realize relatively large welfare gains, while the welfare effects on the EU and North America are negligible. The trade and output effects on the latter two regions are also relatively small, with the notable exception of crops, other than rice, in North America. 2012-03-30T07:29:10Z 2012-03-30T07:29:10Z 2009 Journal Article Journal of Asian Economics 10490078 http://hdl.handle.net/10986/4673 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Singapore China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Country and Industry Studies of Trade F140 Economic Integration F150 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Agriculture in International Trade Q170
spellingShingle	Country and Industry Studies of Trade F140 Economic Integration F150 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Agriculture in International Trade Q170 Lee, Hiro Owen, Robert F. van der Mensbrugghe, Dominique Regional Integration in Asia and Its Effects on the EU and North America
geographic_facet	Singapore China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Consequences of free-trade agreements (FTAs) among the ASEAN+3 and ASEAN+6 countries are explored using a dynamic computable general equilibrium (CGE) model. Quantitative assessments of intra- and extra-regional effects on welfare, trade and output are offered. When both trade facilitation and endogenously determined productivity are included in the FTA scenarios, Singapore, other ASEAN countries and China would be able to realize relatively large welfare gains, while the welfare effects on the EU and North America are negligible. The trade and output effects on the latter two regions are also relatively small, with the notable exception of crops, other than rice, in North America.
format	Journal Article
author	Lee, Hiro Owen, Robert F. van der Mensbrugghe, Dominique
author_facet	Lee, Hiro Owen, Robert F. van der Mensbrugghe, Dominique
author_sort	Lee, Hiro
title	Regional Integration in Asia and Its Effects on the EU and North America
title_short	Regional Integration in Asia and Its Effects on the EU and North America
title_full	Regional Integration in Asia and Its Effects on the EU and North America
title_fullStr	Regional Integration in Asia and Its Effects on the EU and North America
title_full_unstemmed	Regional Integration in Asia and Its Effects on the EU and North America
title_sort	regional integration in asia and its effects on the eu and north america
publishDate	2012
url	http://hdl.handle.net/10986/4673
_version_	1764392344771100672

Regional Integration in Asia and Its Effects on the EU and North America

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