Publication:
Regional Integration, Sectoral Adjustments and Natural Groupings in East Asia

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dc.contributor.authorLee, Hiro
dc.contributor.authorvan der Mensbrugghe, Dominique
dc.date.accessioned2012-03-30T07:29:11Z
dc.date.available2012-03-30T07:29:11Z
dc.date.issued2008
dc.description.abstractAlthough East Asian countries were relatively inactive in signing free trade agreements (FTAs) until the end of 1990s, a number of FTAs involving East Asian countries have been signed since the turn of the century. The objective of this study is to compare welfare gains and sectoral adjustments resulting from various FTA scenarios in East Asia using a dynamic global computable general equilibrium (CGE) model. The RCA rankings of commodities with various FTA scenarios and those with the global trade liberalization are correlated to examine how "natural" each grouping would be. The results suggest that the ASEAN+3 FTA, with relatively large welfare gains and small structural adjustments, could be a facilitating intermediate step towards global free trade. Some of the smaller FTAs, such as the ASEAN-China and ASEAN-Korea FTAs, would result in large structural adjustments for ASEAN countries.en
dc.identifier.citationInternational Journal of Applied Economics
dc.identifier.issn15480003
dc.identifier.urihttps://hdl.handle.net/10986/4674
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectEconomic Integration F150
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectDevelopment Planning and Policy: Trade Policy
dc.subjectFactor Movement
dc.subjectForeign Exchange Policy O240
dc.titleRegional Integration, Sectoral Adjustments and Natural Groupings in East Asiaen
dc.title.alternativeInternational Journal of Applied Economicsen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum1103
okr.journal.nbpages57-79
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryChina
okr.region.countryKorea, Republic of
okr.region.geographicalEast Asia
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1008516&site=ehost-live
okr.relation.associatedurlhttp://www.selu.edu/orgs/ijae/
okr.volume5
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