Long-run Effects on China of APEC Trade Liberalisation

Philip David Adams (), Jonathan Mark Horridge (), Brian Parmenter and Zhang, Xiao-Guang

Centre of Policy Studies/IMPACT Centre Working Papers from Monash University, Centre of Policy Studies/IMPACT Centre

Abstract: Plans for APEC trade liberalisation include the elimination of all tariffs between member states. In this paper we use two computable general equilibrium models to examine the effects of these plans, focussing on China. Our modelling shows that liberalisation increases China's capital stock and real GDP. The implication for Chinese industries depend on the extent to which liberalisation exposes them to additional import competition. Industries strongly stimulated include Textiles and Communications Equipment. Transport Equipment is the most adversely affected. Chinese regional results follow from the industrial compositions of the regions, with Zhejiang the most favourably affected and Jilin the least.

Keywords: Computable General Equilibrium Models; Economic Integration (search for similar items in EconPapers)
JEL-codes: C68 F15 (search for similar items in EconPapers)
Date: 1998-10
View list of references View citations in EconPapers

Downloads: (external link)
http://www.monash.edu.au/policy/ftp/workpapr/g-130.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this paper

More papers in Centre of Policy Studies/IMPACT Centre Working Papers from Monash University, Centre of Policy Studies/IMPACT Centre
Contact information at EDIRC.
Series data maintained by Mark Horridge ().