Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/63674 
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dc.contributor.authorSulamaa, Pekkaen
dc.contributor.authorWidgrén, Mikaen
dc.date.accessioned2012-09-21T10:57:17Z-
dc.date.available2012-09-21T10:57:17Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aThe Research Institute of the Finnish Economy (ETLA) |cHelsinkien
dc.relation.ispartofseries|aETLA Discussion Papers |x985en
dc.subject.jelF15en
dc.subject.jelF17en
dc.subject.ddc330en
dc.subject.keywordfree trade, regionalism, GTAP modelen
dc.subject.stwHandelsregionalismusen
dc.subject.stwFreihandelen
dc.subject.stwInternationalen
dc.subject.stwAllgemeines Gleichgewichten
dc.subject.stwAsienen
dc.titleAsian regionalism versus global free trade: A simulation study on economic effects-
dc.typeWorking Paperen
dc.identifier.ppn488325765en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:rif:dpaper:985en

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