GTAP Resources: Resource Display
| GTAP Resource #1336 |
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"Economic Effects of Singapore's Bilateral Free Trade Agreement with Japan on Other ASEAN Economies: A Computable General Equilibrium Approach" by Ni, Houming Abstract Singapore, as one member of ASEAN, while active in this ASEAN integrating process, is also implementing its strategy of additive regionalism - negotiating bilateral free trade agreements with all of its significant trading partners. How do Singapore's Bilateral Free Trade agreements (SBFTA) with the non-ASEAN countries affect other ASEAN economies. Further, if other ASEAN countries emulate Singapore's experience and sign bilateral free trade agreements with non-ASEAN countries, what are the effects of these bilateral free trade agreements on ASEAN economies? This study focuses on SBFTA with Japan and explores answers to these questions using a Computable General Equilibrium (CGE) Model - GTAP model. The simulation results show that other five ASEAN economies are nevertheless adversely though insignificantly affected by JSEPA. Before a proposed Japan-ASEAN FTA comes into force finally, more newly-signed bilateral FTAs by Japan and individual ASEAN economies will have a much stronger impacts on ASEAN's non-participants of new FTAs than JSEPA has. For the benefit of the whole ASEAN economy, a FTA signed by Japan and ASEAN as a whole party is preferable and recommended. |
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- Asia (East) |
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Public Access  PDF Version (1.3 MB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
