Incorporating Global Value Chains into the Dynamic GTAP Model [tentative results]

Ken Itakura

No 333111, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: In this paper, we introduce global value chains (GVCs) in intermediate transactions to the recursively dynamic computable general equilibrium (CGE) model. Then, we explore how the introduction of GVCs affects impact of trade policy, by making comparisons between the policy effects obtained from the model incorporating the GVCs and those obtained from a conventional model. To compare economic effects of trade policy, we run a set of policy simulations of the Regional Comprehensive Economic Partnership (RCEP) agreement between the ASEAN member countries and Japan, China, Korea, Australia, New Zealand, and Singapore.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/333111/files/9374.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:333111

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 ().