Japan's Regional Strategy in Asia: Evaluation by the CGE Model
Masahiko Tsutsumi and
Kozo Kiyota
No 331006, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project
Abstract:
This paper evaluates nine scenarios of Japan’s regional preferential trade agreements (PTAs) by the computable general equilibrium model. This analysis considers recent arguments on PTAs so that exogenous labor migration and FDI-led technological convergence among countries in PTAs are implemented in addition to conventional trade liberalization measures. The analysis presents several domestic and international implications for Japan and other Asian countries on how to understand Japan’s shift to regional PTAs, and which forms are favorable or harmful. It also provides the possibility that overall liberalization is not always welfare enhancing in Japan.
Keywords: Research Methods/ Statistical Methods; International Relations/Trade (search for similar items in EconPapers)
Pages: 26
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331006
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