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ID092431
Title ProperImpact of cross-strait trade liberalization
Other Title Informationa computable general equilibrium analysis
LanguageENG
AuthorChen, Kun-Ming ;  Tsai, Meng-Chia ;  Lin, Chia-Ching ;  Tu,Chaw-hsia
Publication2009.
Summary / Abstract (Note)This paper applies a computable general equilibrium model to investigate the potential economic effects of trade liberalization across the Taiwan Strait. Our simulation results reveal that cross-Strait trade liberalization will have significant positive impacts on external trade, domestic investment and real GDP for the economies in this area in general and in Taiwan in particular. Furthermore, the negative impact from the formation of a free trade arrangement between Taiwan and Chinese Mainland on Hong Kong seems to be rather small. These results suggest that cross-Strait trade liberalization is very likely to bring about a win-win situation for the economies in this area.
`In' analytical NoteChina and World Economy Vol. 17, No. 6; Nov-Dec 2009: p.106-122
Journal SourceChina and World Economy Vol. 17, No. 6; Nov-Dec 2009: p.106-122
Key WordsCross - Strait ;  Free Trade Area ;  Free Trade Arrangement ;  Trade Liberalization