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.:
- Andrew Feltenstein, 2000.
"Bank Failures and Fiscal Austerity; Policy Presecriptions for a Developing Country,"
IMF Working Papers
00/90, International Monetary Fund.
- 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.
- 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.
- 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 305-13, December.
- 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," Economics of Governance, Springer, 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.
- Bröcker, Johannes & Schneider, Martin, 1999.
"How does economic development in eastern Europe affect Austria's regions? A multiregional general equilibrium framework,"
1/99, Dresden University of Technology, Faculty of Transportation and Traffic Sciences "Friedrich List", Institute for Transport and Economics.
- 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.
- 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.
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:bla:worlde:v:31:y:2008:i:7:p:905-924. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.