G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w5325
来源IDWorking Paper 5325
EU, NAFTA, and Asian Responses: A Perspective from the Calculus of Participation
Junichi Goto; Koichi Hamada
发表日期1995-10-01
出版年1995
语种英语
摘要This paper assesses the economic conditions for Asian countries to cope with the formation of EU and NAFTA. Is it desirable for them to form their own trading area? And, if desirable, is it better to have a closed one like the EAEC or a more open one like the APEC? Relying on public economics and the calculus of participation combined with the Dixit-Stiglitz-Krugman framework, we find the following: (i) the development of the EAEC by the leadership of Malaysia would be a natural response of Asian countries against two big blocs in the world, EU and NAFTA; (ii) it is natural for the United States to discourage this move because the formation of an economic bloc in Asia will have a negative economic impact on the non- Asian countries; (iii) it is natural for the U.S. to propose an opposing coalition like the APEC to nullify the possible economic impact of the EAEC; but (iv) perhaps the APEC will be a good roundabout way towards international free trade.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w5325
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/562777
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GB/T 7714
Junichi Goto,Koichi Hamada. EU, NAFTA, and Asian Responses: A Perspective from the Calculus of Participation. 1995.
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