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Assessing the Economic Impacts of Free Trade Agreements: A Computable Equilibrium Model Approach

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Author Info
ABE Kazutomo
Abstract

This paper presents assessments of the economic impacts of free trade agreements (FTAs) relating to Japan. The analysis relies on a simulation with a computable equilibrium model. The impacts of various combinations of FTAs are assessed to draw policy implications. This paper first reviews the theoretical framework, together with the specifications of the simulation model. Then, simulations in the various cases cover both Japan's bilateral FTAs and regional FTAs including Japan. The final section is a short summary of implications from the simulation work.

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Paper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Discussion papers with number 07053.

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Length: 27 pages
Date of creation: Aug 2007
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Handle: RePEc:eti:dpaper:07053

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  1. Krueger, Anne O., 1997. "Free trade agreements versus customs unions," Journal of Development Economics, Elsevier, vol. 54(1), pages 169-187, October. [Downloadable!] (restricted)
  2. Carsten Kowalczyk, 1992. "Paradoxes in integration theory," Open Economies Review, Springer, vol. 3(1), pages 51-59, February. [Downloadable!] (restricted)
  3. Baldwin, Richard E, 1992. "Measurable Dynamic Gains from Trade," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 162-74, February. [Downloadable!] (restricted)
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