IDEAS home Printed from https://ideas.repec.org/a/hin/complx/6642798.html
   My bibliography  Save this article

A Quantitative Relationship Analysis of Industry Shifts and Trade Restructuring in ASEAN Based on Multiregional Computable General Equilibrium Models

Author

Listed:
  • Luyuan Xu
  • Wei Wang

Abstract

This paper provides an in-depth study and analysis of the quantitative relationship between ASEAN industry transfer and nuclear trade restructuring through the multiregional computable general equilibrium (CGE) model and categorizes the ten major projects and 57 subprojects covered by the ASEAN Information Port project investment into construction, information technology, and telecommunications, according to the key directions of investment. We design and simulate the changes in production activities, trade activities, and the balance of payments behaviour of the national economy affected by the project’s investment under 10 types of investment amount scenarios and prepare the corresponding social accounting matrix (SAM). Increased trade openness increases external risks and instability of the economy and fiscal revenues. At the same time, it creates other potential problems for the country such as environmental pollution and leading to unfair competition. Under free trade conditions, some manufacturers may choose to produce inputs that are not environmentally friendly to reduce costs, thereby harming the environment. For infant industries, if the government does not provide them with short-term protection or supportive policies, these new or developing infant industries may not have strong international competitiveness and may be vulnerable to the attacks of mature industries in the world. Therefore, based on the study of the influence of tax policy on trade openness, this paper examines the impact of changes in trade openness on a country’s economic environment and takes tax revenue as an example to conduct an empirical analysis and improve the factors that need to be considered when adjusting tax policy.

Suggested Citation

  • Luyuan Xu & Wei Wang, 2021. "A Quantitative Relationship Analysis of Industry Shifts and Trade Restructuring in ASEAN Based on Multiregional Computable General Equilibrium Models," Complexity, Hindawi, vol. 2021, pages 1-12, February.
  • Handle: RePEc:hin:complx:6642798
    DOI: 10.1155/2021/6642798
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/complexity/2021/6642798.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/complexity/2021/6642798.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2021/6642798?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dang, Jingqi & Pang, Yipu, 2020. "Border effect of agricultural trade between China and the Belt and Road countries: a computable general equilibrium model analysis," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 23(3), May.
    2. Tetsuji Tanaka & Jin Guo, 2020. "Realistic Specifications and Model Predictability: Testing the Performance of a Stochastic CGE Model with Regionally Correlated Yield Variability in the Wheat and Rice Sectors," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 8(1), pages 55-75.
    3. Saba Ismail & Shahid Ahmed, 2019. "Economic Effects of Tariff Liberalization of Prospective India-GCC FTA: A Computable General Equilibrium Analysis," Foreign Trade Review, , vol. 54(3), pages 224-252, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Omphemetse S. Sibanda, Sr, 2021. "The Advent of the African Continental Free Trade Agreement as a Tool for Development," Foreign Trade Review, , vol. 56(2), pages 216-224, May.
    2. Ibrahim Ngouhouo & Tii Njivukuh Nchofoung, 2021. "Does Trade Openness Affects Employment in Cameroon?," Foreign Trade Review, , vol. 56(1), pages 105-116, February.
    3. Anwesha Basu, 2022. "The India–EU FTA and Its Potential Impact on India’s Dairy Sector: A Quantitative Analysis," Foreign Trade Review, , vol. 57(1), pages 7-26, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:complx:6642798. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.