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The economic impacts of the China-Australia Free Trade Agreement - A general equilibrium analysis

Chaoying Qi and James Xiaohe Zhang

China Economic Review, 2018, vol. 47, issue C, 1-11

Abstract: After 21 rounds of intense negotiations over nearly a decade, the deal of China-Australia Free Trade Agreement was finally completed in late November 2014. This paper attempts to examine both the causes and consequences of this delayed conclusion by running simulation experiments on a computable general equilibrium model, to see how the free trade agreement affects the world economy not only on the two countries involved, but also on the rest of the world with a particular reference to New Zealand. Based on the simulation results, policy implications are generated.

Keywords: ChAFTA; FTA; Bilateral trade; GTAP (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chieco:v:47:y:2018:i:c:p:1-11

DOI: 10.1016/j.chieco.2017.11.002

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China Economic Review is currently edited by B.M. Fleisher, K. X. D. Huang, M.E. Lovely, Y. Wen, X. Zhang and X. Zhu

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