Economic Growth and Policy Reform in the APEC Region: Trade and Welfare Implications by 2005
AbstractThis paper examines the impacts of key trade reforms likely to affect the APEC region over the next decade. It does so by taking an economy-wide perspective using projections to the year 2005, based on the global CGE model known as GTAP. The paper begins by showing that the empirical impact of implementing the Uruguay Round depends significantly on how China and Taiwan are treated. It then explores the market implications of increased economic growth in China, as well as several policy shocks. It is shown that increased industrial growth in China – due to China integrating more into the global economy – would be beneficial to the world, since it would boost industrialization in other Asian countries. Failure to honour Uruguay Round obligations to open textile and clothing markets in OECD countries, on the other hand, is shown to reduce East Asia’s industrialization and thereby slow the growth in this region’s net imports. Further MFN trade liberalization by APEC members, however, could add substantially to the growth and structural changes expected in the region and beyond over the next decade. The latter benefits are shown, though, to depend heavily on the inclusion of agriculture in the APEC reform, something that Northeast Asian countries have been reluctant to do.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1605.
Date of creation: May 1997
Date of revision:
Contact details of provider:
Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Rolf J. Langhammer & Matthias Lücke, 1999.
"WTO Accession Issues,"
Kiel Working Papers
905, Kiel Institute for the World Economy.
- Langhammer, Rolf J. & Lücke, Matthias, 1999. "WTO accession issues," Open Access Publications from Kiel Institute for the World Economy 2315, Kiel Institute for the World Economy (IfW).
- Gilbert, John & Wahl, Thomas I., 2000. "Rural-Urban Migration, Labor Mobility And Agricultural Trade Liberalization In China," 2000 Annual meeting, July 30-August 2, Tampa, FL 21727, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Anderson, Kym, 2000. "Agriculture, Developing Countries, And The WTO Millennium Round," CEPR Discussion Papers 2437, C.E.P.R. Discussion Papers.
- Anderson, Kym & Strutt, Anna, 2012. "Global food markets by 2030: What roles for farm TFP growth and trade policies?," 2012 Conference (56th), February 7-10, 2012, Freemantle, Australia 124192, Australian Agricultural and Resource Economics Society.
- Anderson, Kym & Strutt, Anna, 2012.
"Agriculture and Food Security in Asia by 2030,"
ADBI Working Papers
368, Asian Development Bank Institute.
- Kym Anderson & Anna Strutt, 2012. "Agriculture and Food Security in Asia by 2030," Development Economics Working Papers 23309, East Asian Bureau of Economic Research.
- Kym Anderson & Anna Strutt, 2012. "Agriculture and Food Security in Asia by 2030," Macroeconomics Working Papers 23309, East Asian Bureau of Economic Research.
- Anderson, Kym, 2003. "Trade Liberalization, Agriculture, and Poverty in Low-income Countries," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
- Anderson, Kym & Dimaranan, Betina & Hertel, Thomas W & Martin, Will, 1996.
"Asia-Pacific Food Markets and Trade in 2005: A Global, Economy-wide Perspective,"
CEPR Discussion Papers
1474, C.E.P.R. Discussion Papers.
- Anderson, Kym & Dimaranan, Betina V. & Hertel, Thomas W. & Martin, William J., 1997. "Asia-Pacific food markets and trade in 2005: a global, economy-wide perspective," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 41(1), March.
- Anderson, Kym & Strutt, Anna, 2013.
"Emerging Economies, Productivity Growth, and Trade with Resource-Rich Economies by 2030,"
2013 Conference (57th), February 5-8, 2013, Sydney, Australia
152134, Australian Agricultural and Resource Economics Society.
- Kym Anderson & Anna Strutt, 2013. "Emerging Economies, Productivity Growth, and Trade with Resource-Rich Economies by 2030," Departmental Working Papers 2013-17, The Australian National University, Arndt-Corden Department of Economics.
- Anderson, Kym & Strutt, Anna, 2013. "South America’s Contribution to World Food Markets: GTAP Projections to 2030," Working Papers 145369, International Agricultural Trade Research Consortium.
- Anderson, Kym & Strutt, Anna, 2012. "Asia’s Growth, the Changing Geography of World Trade, and Food Security: Projections to 2030," CEPR Discussion Papers 8950, C.E.P.R. Discussion Papers.
- Elbehri, Aziz & Leetmaa, Susan E., 2001. "How Significant Are Export Subsidies To Agricultural Trade? Trade And Welfare Implications Of Global Reforms," 2001 Annual meeting, August 5-8, Chicago, IL 20518, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.