Agricultural Trade Impacts of RCEP: an Integrated Partial Equilibrium and General Equilibrium Assessment

Xi He, Anton Yang, Edward Balistreri and Wendong Zhang ()

No 333312, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Multilateral trade-policy evaluation and policymaking depends on our continuing efforts to better model economic impacts. Recent innovations link general-equilibrium (GE) and partial-equilibrium (PE) models to capture both economy-wide and product-specific impacts. In this paper we highlight tariff aggregation issues in the context of the Regional Comprehensive Economic Partnership (RCEP). We find that product-specific information on tariffs within the PE-GE structure is superior to either trade weighting or simple averaging techniques applied in pure GE studies.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:333312

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