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

Thomas Hertel, Terrie Walmsley () and Ken Itakura

GTAP Working Papers from Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University

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.

Date: 2001
New Economics Papers: this item is included in nep-sea
Note: GTAP Working Paper No. 15
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https://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=823 (text/html)

Related works:
Chapter: DYNAMIC EFFECTS OF THE "NEW AGE" FREE TRADE AGREEMENT BETWEEN JAPAN AND SINGAPORE (2005)
Journal Article: Dynamic Effects of the “New Age” Free Trade Agreement between Japan and Singapore (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:gta:workpp:823

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