The Next Chapter of ASEAN Economic Community through Integrating with the existing FTA partners (RCEP), Turkey, and Pakistan

Wannaphong Durongkaveroj

MPRA Paper from University Library of Munich, Germany

Abstract: Economic integration is nowadays likely to be larger in major economies around the world, especially among the ten active countries in the Southeast Asia. The purpose of this study is to investigate the impacts of the possible trade agreement between the ASEAN and its current FTA partners as RCEP, Turkey, and Pakistan through Computable General Equilibrium (CGE) model using Global Trade Analysis Project (GTAP) model. This study reveals that most of the ASEAN member countries is positively affected under various trade bloc on their GDP, export, import, and regional household income. However, there is the difference in the level of gains among all members which leads to an urgent responsibility to create an inclusive growth.

Keywords: AEC; FTA; RCEP; Trade liberalization; CGE model; GTAP model (search for similar items in EconPapers)
JEL-codes: C68 F0 F1 F15 F5 F6 F62 F63 (search for similar items in EconPapers)
Date: 2015-03-21
New Economics Papers: this item is included in nep-ara, nep-cmp, nep-cwa, nep-int and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:63421

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