| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20425 |
| 来源ID | Working Paper 20425 |
| Numerical General Equilibrium Analysis of China's Impacts from Possible Mega Trade Deals | |
| Chunding Li; Jing Wang; John Whalley | |
| 发表日期 | 2014-08-28 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These include the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP), and various blocked deals. We use a numerical 13-country global general equilibrium model with trade costs to investigate both tariff and non-tariff effects, and include inside money to endogenously determine imports on the trade imbalance. Trade costs are calculated using a method based on gravity equations. Simulation results reveal that all FTA participation countries will gain but all FTA non-participation countries will lose. If non-tariff barriers are reduced more, the impacts will be larger. All effects to China on welfare, trade, export and import are positive. Comparatively China-TPP and RCEP will yield the highest welfare outcomes for the US in our model, China-Japan-Korea FTA will generate the second highest welfare outcome, and China-US FTA will generate the third highest welfare outcome. For the US, China-TPP FTA will generate the highest welfare outcome. For the EU, 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. |
| 主题 | Microeconomics ; Mathematical Tools ; International Economics ; International Macroeconomics ; Globalization and International Relations |
| URL | https://www.nber.org/papers/w20425 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578098 |
| 推荐引用方式 GB/T 7714 | Chunding Li,Jing Wang,John Whalley. Numerical General Equilibrium Analysis of China's Impacts from Possible Mega Trade Deals. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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