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ASEAN-China free trade area : an assessment of tariff elimination effect on welfare

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  • Additional Information
    • Publication Information:
      University of Piraeus. International Strategic Management Association
    • Publication Date:
      2017
    • Collection:
      University of Malta: OAR@UM / L-Università ta' Malta
    • Abstract:
      This study aimed to assess the economic impact of the the establishment of the ACFTA policy by simulating trade barrier removal. In performing this analysis, we evaluated the effects of trade of member of commodities in EHP, NT, and HSL categories separately. We apply the data using a general equilibrium model (GTAP). Results showed that the elimination of tariff and non-tariff trade barriers to product groups within NT and HSL categories had a positive impact on trade volume, economic growth, and welfare. In general, the ACTFA is likely to have a beneficial impact on welfare in participating countries. Singapore and China had the highest welfare increase relative to other members of ASEAN. ; peer-reviewed
    • ISSN:
      11082976
    • Relation:
      https://www.um.edu.mt/library/oar//handle/123456789/34156
    • Online Access:
      https://www.um.edu.mt/library/oar//handle/123456789/34156
    • Rights:
      info:eu-repo/semantics/openAccess ; The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.
    • Accession Number:
      edsbas.CFE71D85