Estimating the Medium-term Effects of the ASEAN Economic Community

Hiro Lee and Michael Plummer

No 331984, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Consequences of the ASEAN Economic Community (AEC) are investigated using a dynamic computable general equilibrium (CGE) model. Quantitative assessments of the effects on economic welfare, trade flows and sectoral output are offered. When the removal of trade barriers are combined with reductions in administrative and technical barriers and lowering the trade and transport margins under the assumption of endogenously determined productivity, the estimated welfare gains for the year 2015 range from 1.1% in Indonesia to 9.4% in Thailand. The results suggest that streamlining customs procedures and other reductions in administrative and technical barriers, as well as increased competition and improvements in infrastructure, are significant in enlarging the benefits of the AEC.

Keywords: Research Methods/Statistical Methods; International Relations/Trade (search for similar items in EconPapers)
Pages: 25
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331984

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