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https://www.um.edu.mt/library/oar/handle/123456789/34156| Title: | ASEAN-China free trade area : an assessment of tariff elimination effect on welfare |
| Authors: | Safuan, Sugiharso |
| Keywords: | ASEAN International trade ASEAN Free Trade Area Free trade -- Southeast Asia Southeast Asia -- Foreign relations -- China China -- Foreign relations -- Southeast Asia Tariff -- Law and legislation -- Southeast Asia Customs administration -- Law and legislation -- Southeast Asia Asian cooperation Southeast Asia -- Commerce -- China China -- Commerce -- Southeast Asia ASEAN Free Trade Area -- Foreign economic relations -- China China -- Foreign economic relations -- ASEAN Free Trade Area |
| Issue Date: | 2017 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Safuan, S. (2017). ASEAN-China free trade area : an assessment of tariff elimination effect on welfare. European Research Studies Journal, 20(4B), 27-37. |
| 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. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/34156 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 20, Issue 4, Part B |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| ASEAN_China_free_trade_area_2017.pdf | 873.44 kB | Adobe PDF | View/Open |
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