The Welfare Analysis of a Free Trade Zone: Intermediate Goods and the Asian Tigers
We analyse trade reform among the ASEAN countries, which recently began removing all mutual trade barriers. The standard method to avoid complete specialisation in traded goods is to distinguish goods both by physical type and place of origin (the so-called Armington assumption). This methodology is not suitable for the sort of intermediate goods produced by the ASEAN countries. We develop a computational approach in the context of a non-Armington dynamic general equilibrium model. Analysing the results of a calibrated version of the model, we find that trade liberalisation is generally welfare improving for the ASEAN countries. Copyright 2008 The Authors. Journal compilation 2008 Blackwell Publishing Ltd.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 31 (2008)
Issue (Month): 7 (07)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0378-5920|
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0378-5920|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- de Melo, Jaime, 1988. "Computable general equilibrium models for trade policy analysis in developing countries: A survey," Journal of Policy Modeling, Elsevier, vol. 10(4), pages 469-503.
- Ball, Sheryl & Feltenstein, Andrew, 2001.
"Bank failures and fiscal austerity: policy prescriptions for a developing country,"
Journal of Public Economics,
Elsevier, vol. 82(2), pages 247-270, November.
- Andrew Feltenstein, 2000. "Bank Failures and Fiscal Austerity; Policy Presecriptions for a Developing Country," IMF Working Papers 00/90, International Monetary Fund.
- Morgan, William & Mutti, John & Rickman, Dan, 1996. "Tax Exporting, Regional Economic Growth, and Welfare," Journal of Urban Economics, Elsevier, vol. 39(2), pages 131-159, March.
- James Giesecke, 2002. "Explaining regional economic performance: An historical application of a dynamic multi-regional CGE model," Review of Economic Design, Springer;Society for Economic Design, vol. 81(2), pages 247-278, 04.
- James Giesecke, 2002. "Explaining regional economic performance: An historical application of a dynamic multi-regional CGE model," Papers in Regional Science, Springer;Regional Science Association International, vol. 81(2), pages 247-278.
- James Giesecke, 2002. "Explaining regional economic performance: An historical application of a dynamic multi-regional CGE model," Economics of Governance, Springer, vol. 81(2), pages 247-278, 04.
- Johannes Bröcker & Martin Schneider, 2002. "How Does Economic Development in Eastern Europe Affect Austria's Regions? A Multiregional General Equilibrium Framework," Journal of Regional Science, Wiley Blackwell, vol. 42(2), pages 257-285.
- Bröcker, Johannes & Schneider, Martin, 1999. "How does economic development in eastern Europe affect Austria's regions? A multiregional general equilibrium framework," Discussion Papers 1/99, Technische Universität Dresden, "Friedrich List" Faculty of Transport and Traffic Sciences, Institute of Transport and Economics.
- Feltenstein, Andrew, 1997. "An Analysis of the Implications for the Gold Mining Industry of Alternative Tax Policies: A Regional Disaggregated Model for Australia," The Economic Record, The Economic Society of Australia, vol. 73(223), pages 305-313, December.
- A. Feltenstein, 1997. "An Analysis of the Implications for the Gold Mining Industry of Alternative Tax Policies: A regional disaggregated model for Australia," Economics Discussion / Working Papers 97-25, The University of Western Australia, Department of Economics.
- Plassmann, Florenz, 2005. "The advantage of avoiding the Armington assumption in multi-region models," Regional Science and Urban Economics, Elsevier, vol. 35(6), pages 777-794, November. Full references (including those not matched with items on IDEAS)