Applied General Equilibrium Analysis of Mega-Regional Free Trade Initiatives in the Asia-Pacific

Material type: 文書・図像類

Author: Lee, Hiroほか

Publisher: Osaka School of International Public Policy, Osaka University

Publication date: 2015-03-31

Material Format: Paper

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Note (General)：: Asia-Pacific countries are currently negotiating two mega-regional free trade agreements (FTAs), namely Trans-Pacific Partnership (TPP) and Regional C...

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Paper

Material Type: 文書・図像類
Title: Applied General Equilibrium Analysis of Mega-Regional Free Trade Initiatives in the Asia-Pacific
Author/Editor: Lee, Hiro
Itakura, Ken
Author Heading: Lee, Hiro
https://nrid.nii.ac.jp/nrid/1000040283460
Itakura, Ken
https://nrid.nii.ac.jp/nrid/1000090405217
Publication, Distribution, etc.: Osaka School of International Public Policy, Osaka University
Publication Date: 2015-03-31
Publication Date (W3CDTF): 2015-03-31
Periodical title: OSIPP Discussion Paper
No. or year of volume/issue: DP-2015-E-001
Volume: DP-2015-E-001
Pages: 1-28
Text Language Code: eng
Subject Heading: TPP
RCEP
productivity growth
rules of origin
agricultural policy reform
Target Audience: 一般
Note (General): Asia-Pacific countries are currently negotiating two mega-regional free trade agreements (FTAs), namely Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP). The objectives of this paper are twofold. First, by using a dynamic applied general equilibrium model with several plausible sequences of region wide FTAs, we offer results that are highly policy relevant. Second, we examine additional effects of mega-regional FTAs, including the positive impact on productivity, reductions in compliance costs associated with rules of origin, and FTA-induced agricultural policy reforms in Japan. When the mega-regional FTAs are assumed to exerts a positive effect on productivity, the magnitudes of welfare gains for all the member countries increase significantly. When implementations of these FTAs are assumed to lead to reductions in compliance costs associated with rules of origin, it would also boost welfare gains of the member economies. Finally, when Japan’s agricultural policy reforms would result in an increase in productivity of its agricultural sectors, the extent of output contraction of agricultural and processed food sectors in the country would be reduced significantly except for dairy products.
References (URI): URI
http://www.osipp.osaka-u.ac.jp/archives/DP/2015/DP2015E001.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華