Impact of mega trade deals on China: A computational general equilibrium analysis

被引：20
|
作者：
Li, Chunding [1 ,2 ]
Wang, Jing [3 ]
Whalley, John [3 ,4 ,5 ]
机构：
[1] Chinese Acad Social Sci, Inst World Econ & Polit, 5 Jianguomen Nei St, Beijing, Peoples R China
[2] Cent Univ Finance & Econ, Beijing, Peoples R China
[3] Western Univ UWO, Dept Econ, London, ON, Canada
[4] Ctr Int Governance Innovat, Waterloo, ON, Canada
[5] Natl Bur Econ Res, Cambridge, MA 02138 USA
来源：
ECONOMIC MODELLING | 2016年 / 57卷
关键词：
Mega trade deal; China; General equilibrium; Impacts; CGE MODELS; PARAMETERS; AGREEMENT;
D O I：
10.1016/j.econmod.2016.03.027
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper explores the potential impacts on both China and other major countries of possible mega trade deals. We use a 13-country computational general equilibrium model with trade costs to investigate both tariff and non-tariff reduction effects. Simulation results reveal that China-Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP) will yield the highest welfare outcomes for China. For the US, China-TPP FTA will generate the highest welfare outcome. For the European Union, all China involved mega deals have negative impacts except China-US FTA. For Japan, RCEP will generate the highest welfare outcome. For both Korea and India, RCEP will generate the highest welfare outcome. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码：13 / 25
页数：13
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