A Quantitative Evaluation of Vietnam's Accession to the ASEAN Free Trade Area

Will Martin

Journal of Economic Integration, 2001, vol. 16, 545-567

Abstract: This paper analyses the impacts of Vietnam's ASEAN Free Trade Area(AFTA) accession using a multi-region and muti-sector general equilibrium model. The static benefits of AFTA accession are likely to be relatively small. The gains from increased access to ASEAN makets would be small, and the would be offset by the costs of trade diversion. If Vietnam extends its AFTA commitments on a non-discriminatory basis, Vietnam's welfare would increase substantially. These gains are larger in part because the broader liberalization reduce the costly trade diversion and partly the resources are more efficiently allocate among Vietnam's industries. Although some currently protected industries would contract, the expansion of labor intensive manufacturing would bring greater benefits.

Keywords: ASEAN; Free Trade Area; Vietnam; CGE (search for similar items in EconPapers)
JEL-codes: F10 F14 F17 (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: A Quantitative evaluation of Vietnam's accession to the ASEAN Free Trade Area (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0177

Access Statistics for this article

Journal of Economic Integration is currently edited by Seongeun Kim

More articles in Journal of Economic Integration from Center for Economic Integration, Sejong University Contact information at EDIRC.
Bibliographic data for series maintained by Yunhoe Kim ().