Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63674
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dc.contributor.authorSulamaa, Pekkaen_US
dc.contributor.authorWidgrén, Mikaen_US
dc.date.accessioned2012-09-21T10:57:17Z-
dc.date.available2012-09-21T10:57:17Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/63674-
dc.description.abstractThis paper evaluates and compares the economic effects of global liberalization of world trade and regional integration scenario in which an Asian trading block is emerging. The evaluation is based on computable general equilibrium model GTAP (global trade analysis project) that has been widely used in analyses of big regime changes in world economy. The results show that global free trade is better for all regions in the investigation. Compared to the current trade regime, that does not hold since e.g. the new EU member states would be worse-off. The biggest winners of global free trade are Asian countries, Brazil and developing countries.en_US
dc.language.isoengen_US
dc.publisher|aThe Research Institute of the Finnish Economy (ETLA) |cHelsinkien_US
dc.relation.ispartofseries|aETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) |x985en_US
dc.subject.jelF15en_US
dc.subject.jelF17en_US
dc.subject.ddc330en_US
dc.subject.keywordfree trade, regionalism, GTAP modelen_US
dc.subject.stwHandelsregionalismusen_US
dc.subject.stwFreihandelen_US
dc.subject.stwInternationalen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwAsienen_US
dc.titleAsian regionalism versus global free trade: A simulation study on economic effectsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn488325765en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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