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Study on the Impact of a Free Trade Agreement between Mongolia and the Eurasian Economic Union

Author

Listed:
  • Nomintsetseg Ulzii-Ochir

    (National University of Mongolia)

  • Enkhbold Vorshilov

    (Ministry of Foreign Affairs of Mongolia)

Abstract

This study aims to undertake a detailed quantitative analysis on the formation of a free trade agreement between Mongolia and the Eurasian Economic Union (EAEU). Mongolia has recently concluded an economic partnership agreement with Japan; however, the country further seeks to align with integration in other regions in order to accelerate its economic and social development. Therefore, this research work concentrates on the next possible regional integration, namely with the EAEU. In doing so, we utilize the Computable General Equilibrium (CGE) model and the latest GTAP database, 9.0, provided by Purdue University. Assuming a hypothetical scenario of full liberalization, the macroeconomic and trade effects were investigated.

Suggested Citation

  • Nomintsetseg Ulzii-Ochir & Enkhbold Vorshilov, 2016. "Study on the Impact of a Free Trade Agreement between Mongolia and the Eurasian Economic Union," The Northeast Asian Economic Review, ERINA - Economic Research Institute for Northeast Asia, vol. 4(2), pages 37-51, November.
    • Handle: RePEc:eri:review:4:2:37-51
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