On the effects of trade liberalization policies on regional economies based on "Transnational Interregional Input-Output Table between China and Japan"

Ryuichi Shibasaki, Kiyoshi Yonemoto and Tomihiro Watanabe

No 331790, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Rapid expansion of economies and trades in Asian countries can be accelerated by Free Trade Agreements, Economic Partnership Agreements among countries as well as development policy of each country. To foresee the effects of those agreements and policies on trades and logistics, a sophisticated data set and analytical tool are needed. This paper characterizes and analyzes the interregional trade values in Japan and China, which have not been dealt by most of the traditional country-based models, by using “Transnational Interregional Input-Output Table between China and Japan.” To ensure the consistency and operability of the model, it extends an existing general equilibrium trade model (GTAP model) and divides its Japanese and Chinese parts into eight and seven regions, respectively, using the data on the interregional input-output table. As a result, while keeping the structure of the standard model, it enables us to compute conveniently the regional changes in trade values resulted from changes in economic conditions such as a trade agreement, decrease in maritime transportation cost and regional development. This paper significantly contributes to the fields of regional trade analyses and future cargo-volume predictions, by showing the possibility of general equilibrium, regional IO-based analysis based on a published data set and a popular model.

Keywords: International Relations/Trade; Agricultural and Food Policy (search for similar items in EconPapers)
Pages: 29
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/331790/files/3726.pdf (application/pdf)

Related works:
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:ags:pugtwp:331790

Access Statistics for this paper

More papers in Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().