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Dynamic Effects of the "New Age" Free Trade Agreement between Japan and Singapore

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Author Info
Hertel, Thomas W.
Terrie Walmsley
Ken Itakura

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Abstract

As manufacturing tariffs have fallen worldwide, the focus of free trade agreements has shifted towards other issues, including: rules governing foreign investment, e-commerce regulations, trade in services, harmonization of technical standards, sanitary and phyto-sanitary regulations, and the streamlining of customs procedures. Japan and Singapore are undertaking negotiations over this kind of "new-age" FTA. The purpose of this paper is to evaluate the impact of the FTA on production, consumption, trade, international investment flows, GDP and welfare. We use a modified version of the dynamic GTAP model, which is well-suited to capturing the impact of this new-age FTA over both the short run and the longer run.

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File URL: http://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=823
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Publisher Info
Paper provided by Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University in its series GTAP Working Papers with number 823.

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Date of creation: 2001
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Handle: RePEc:gta:workpp:823

Note: GTAP Working Paper No. 15
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  1. Nathalie Aminian & K. Fung & Francis Ng, 2009. "A comparative analysis of trade and economic integration in East Asia and Latin America," Economic Change and Restructuring, Springer, vol. 42(1), pages 105-137, May. [Downloadable!] (restricted)
  2. Wilson,John S. & Mann, Catherine L. & Otsuki, Tsunehiro, 2003. "Trade facilitation and economic development : measuring the impact," Policy Research Working Paper Series 2988, The World Bank. [Downloadable!]
  3. Drusilla K. Brown & Alan V. Deardorff & Robert M Stern, 2002. "Multilateral, Regional, and Bilateral Trade-Policy Options for the United States and Japan," Working Papers 490, Research Seminar in International Economics, University of Michigan. [Downloadable!]
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  4. Soloaga, Isidro & Wilson, John S. & Mejia, Alejandro, 2006. "Moving forward faster : trade facilitation reform and Mexican competitiveness," Policy Research Working Paper Series 3953, The World Bank. [Downloadable!]
  5. Das, Gouranga Gopal & Andriamananjara, Soamiely, 2004. "Hub-and-Spokes Free-Trade-Agreements in the Presence of Technology Spillovers: An Application to the Western Hemisphere," Working Papers 15870, United States International Trade Commission, Office of Economics. [Downloadable!]
  6. Wilson, John S. & Mann, Catherine L. & Otsuki, Tsunehiro, 2004. "Assessing the potential benefit of trade facilitation : A global perspective," Policy Research Working Paper Series 3224, The World Bank. [Downloadable!]
  7. Takashi Terada, 2006. "The Making of Asia's First Bilateral FTA - Origins and Regional Implications of the Japan-Singapore Economic Partnership Agreement," Trade Working Papers 693, East Asian Bureau of Economic Research. [Downloadable!]
  8. Anna Strutt and Allan N. Rae, 2008. "Assessing the impacts of prefenertial trade agreements in the Asian and Pacific region," Publication STUDIES IN TRADE AND INVESTMENT, in: Mia Mikic (ed.), Emerging Trade Issues for Policymakers in Developing Countries in Asia and the Pacific, chapter 9 Trade Policy Section, Trade and Investment Division, UNESCAP. [Downloadable!]
  9. Andriamananjara, Soamiely & Ferrantino, Michael & Tsigas, Marinos, 2003. "Alternative Approaches in Estimating the Economic Effects of Non-Tariff Measures: Results from Newly Quantified Measures," Working Papers 15872, United States International Trade Commission, Office of Economics. [Downloadable!]
  10. Piyush Tiwari & Masayuki Doi & Hidekazu Itoh, 2003. "A CGE Analysis of the Potential Impact of Information Technology on the Japanese Economy," Journal of Policy Reform, Taylor and Francis Journals, vol. 6(1), pages 17-33, March. [Downloadable!] (restricted)
  11. Dennis, Allen, 2006. "The impact of regional trade agreements and trade facilitation in the Middle East and North Africa region," Policy Research Working Paper Series 3837, The World Bank. [Downloadable!]
  12. Zhi Wang, 2002. "The Impact of WTO Accession on Economic Relations Between China and Taiwan," Trade Working Papers 221, East Asian Bureau of Economic Research. [Downloadable!]
  13. Ianchovichina, Elena & Walmsley, Terrie, 2003. "The impact of China's WTO accession on East Asia," Policy Research Working Paper Series 3109, The World Bank. [Downloadable!]
  14. Drusilla K. Brown & Kozo Kiyota & Robert M. Stern, 2004. "Computational Analysis of the Menu of U.S.-Japan Trade Policies," Hi-Stat Discussion Paper Series d04-63, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
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  15. Peter Walkenhorst & Tadashi Yasui, 2004. "Quantitative Assessment of the Benefits of Trade Facilitation," International Trade 0401008, EconWPA. [Downloadable!]
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