ID | 092431 |
Title Proper | Impact of cross-strait trade liberalization |
Other Title Information | a computable general equilibrium analysis |
Language | ENG |
Author | Chen, Kun-Ming ; Tsai, Meng-Chia ; Lin, Chia-Ching ; Tu,Chaw-hsia |
Publication | 2009. |
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 Note | China and World Economy Vol. 17, No. 6; Nov-Dec 2009: p.106-122 |
Journal Source | China and World Economy Vol. 17, No. 6; Nov-Dec 2009: p.106-122 |
Key Words | Cross - Strait ; Free Trade Area ; Free Trade Arrangement ; Trade Liberalization |