The direct and indirect immensely contributions of free trade blocs/single market integration to the steadilygrowth of developed emergence and least developed economies are unmeasurable. The increasing insatiable dema...The direct and indirect immensely contributions of free trade blocs/single market integration to the steadilygrowth of developed emergence and least developed economies are unmeasurable. The increasing insatiable demand and approval of the free trade model by almost all of the six continents to enhance their economic development has proved that its benefits have indeed outweighed the challenges. Therefore, this research just like the other internationally recognised literatures on this market system, intends to analysis the impacts of the important/dos, don’ts, opportunities, prospects and other important factors of the recent AU member States unanimously endorsement of AfFCTA’s implementation, will have on Ghana’s maritime industry. The possible quantitative findings in this study do uphold its immensely potential benefits impact on the African and Ghana’s maritime industry development and at the same time, indicate an irresistible gap pertaining to the downward progress of its implementation within the sector. These findings have apparently revealed that loss of revenue from scrapping off customs tariffs carries the highest percentage of all the challenges facing AfCFTA’s implementation and recommend that there must be an effective investment-oriented measures-FDI in harnessing the opportunities and prospects embedded in AfCFTA so as to accelerate Ghana’s maritime industry development in its implementation process.展开更多
CEE （Central Eastern European） region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CE...CEE （Central Eastern European） region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO （World Trade Organization）. As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.展开更多
In the context of China's efforts to establish a global network of free trade areas and diversify its export products, this study explores the impact of trade agreement depth on China's export diversification....In the context of China's efforts to establish a global network of free trade areas and diversify its export products, this study explores the impact of trade agreement depth on China's export diversification. Building upon a trade model with multiproduct firms, we discover that the effect of trade agreement depth on export diversification is multifaceted, depending on the relative magnitude of the “market expansion effect” and the “competition intensification effect.” Through empirical analysis of China's exports to 132 countries (or regions) from 2000 to 2015, we find that the deepening of trade agreements affected China's export diversification negatively. This negative correlation was predominantly due to the similarity in comparative advantages between China and its trade partners, leading to the “competition intensification effect” overshadowing the “market expansion effect.” We also note that “natural” agreements, when deepened, were more likely to affect China's export diversification adversely than their “non-natural” counterparts. Moreover, as export diversification increased, the marginal impact of deepening trade agreements exhibited an inverted U-shaped trajectory.展开更多
自由贸易协定作为国际贸易的重要议题,是加快构建各国新发展格局的重要内容。基于Web of Science核心数据库中的669篇与自由贸易协定相关的英文论文,运用CiteSpace和R语言进行文献计量分析及知识图谱绘制,探究该领域的研究现状和趋势。...自由贸易协定作为国际贸易的重要议题,是加快构建各国新发展格局的重要内容。基于Web of Science核心数据库中的669篇与自由贸易协定相关的英文论文,运用CiteSpace和R语言进行文献计量分析及知识图谱绘制,探究该领域的研究现状和趋势。结果表明:中国和美国相关研究较多,且与其他国家和机构之间的合作较为紧密;相关研究涉及自由贸易协定的定义特点、测度其影响程度的模型工具以及与其他贸易政策工具的对比分析等主题;研究热点的演进从关注如何构建自由贸易协定转向如何更加完善有效地测度自由贸易协定的影响程度。展开更多
Negotiations for the Trans-Pacific Partnership （TPP） Agreement have concluded, but the TPP still must be ratified by each of the 12 member countries. China is the world＇s second largest economy and yet it has not j...Negotiations for the Trans-Pacific Partnership （TPP） Agreement have concluded, but the TPP still must be ratified by each of the 12 member countries. China is the world＇s second largest economy and yet it has not joined the TPP. This has provoked much debate in China as to the best strategic approach to the TPP This paper analyzes China＇s possible strategy for the TPP agreement. We make three key points. First, the security of market access should be China＇s main concern in any free-trade agreement negotiations, regrettably, it is not included in TPP. The second point is that the present TPP agreement is somewhat diminished from its ambitious original claims. We suggest four strategies for China. The first is to promote the development of China＇s remaining regional and bilateral free trade agreements （FTAs）. The second is to negotiate a bilateral FTA with the United States. The third is to promote deep domestic reforms via enlarged TPP coverage. The last is negotiating entrance to the entering do not worsen. TPP as soon as possible so that terms of展开更多
Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalizatio...Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.展开更多
China＇s tariff arrangement in the transition period after ＂entry to WTO＂ influences the process of the multilateral trade system in the world. Establishing the free trade area and customs union according to WTO/GAT...China＇s tariff arrangement in the transition period after ＂entry to WTO＂ influences the process of the multilateral trade system in the world. Establishing the free trade area and customs union according to WTO/GATS 1994 article 24, or according to authorizing the clause （Enabling Clause ） to sign the regional trade agreement between developing countries or signed the protocol of economic integration taking promoting and serving the liberalization of trade as purpose according to WTO/GATS article 5, include the regional trade agreement in the multilateral trade system frame to standardize, supervise and coordinate to China, reduce trade protectionism and improve the multilateral trade system＇s influence in the world greatly. Drawing lessons from CEPA and China the system of the manoeuvre ahead of time of overall ＂entry to WTO＂ of ASEAN Free Trade Area and arrange, accelerate multilateral regional cooperation in economy and trade, zero tariff scheme reform favors route choice.展开更多
This study reassesses the macroeconomic and social impacts of Economic Partnership Agreements （EPAs） on Ivorian economy using Computable General Equilibrium （CGE） model with positive externalities of public invest...This study reassesses the macroeconomic and social impacts of Economic Partnership Agreements （EPAs） on Ivorian economy using Computable General Equilibrium （CGE） model with positive externalities of public investment in education, health, and economic infrastructure. Previous studies highlight negative effect of these agreements stressing particularly on losses in government revenues due to the removal of all tariffs on imports. This analysis aims to provide some insight into this question by refreshing the debate to show how this situation could be transformed into opportunities for Ivory Coast in order to promote growth and reduce poverty. To do so, this study postulates that government spending （investment） in economic infrastructure （roads, bridges, communication network, etc.）, in education and health sectors produces positive externalities in each industry. This assumption has not been set anymore in previous studies. Simulation results reveal that, despite this decline in government revenues, if it invests in economic infrastructure, health and education sector, EPAs will generate more revenue for government due to the rise in income tax on firms and households, and tax on overall production. Furthermore, household income will increase which will in turn stimulate （final） consumption. There won＇t also be a decline in economic growth.展开更多
文摘The direct and indirect immensely contributions of free trade blocs/single market integration to the steadilygrowth of developed emergence and least developed economies are unmeasurable. The increasing insatiable demand and approval of the free trade model by almost all of the six continents to enhance their economic development has proved that its benefits have indeed outweighed the challenges. Therefore, this research just like the other internationally recognised literatures on this market system, intends to analysis the impacts of the important/dos, don’ts, opportunities, prospects and other important factors of the recent AU member States unanimously endorsement of AfFCTA’s implementation, will have on Ghana’s maritime industry. The possible quantitative findings in this study do uphold its immensely potential benefits impact on the African and Ghana’s maritime industry development and at the same time, indicate an irresistible gap pertaining to the downward progress of its implementation within the sector. These findings have apparently revealed that loss of revenue from scrapping off customs tariffs carries the highest percentage of all the challenges facing AfCFTA’s implementation and recommend that there must be an effective investment-oriented measures-FDI in harnessing the opportunities and prospects embedded in AfCFTA so as to accelerate Ghana’s maritime industry development in its implementation process.
文摘CEE （Central Eastern European） region comprises a group of countries at a relatively similar stage of economic development and with the common objective of becoming member of EU. The size of the market has pushed CEE countries to find ways towards a larger market. Joint forces, into free trade agreements, have contributed to their economic growth and European Integration. How did it happened, and what are the consequences of free trade agreements, under the example of Albania, it has been studied and analyzed, through data collections from different sources like the WB, IMF, National Banks, business round table discussions, etc.. Among all the free trade agreements CEFTA has shown to be the most effective. Central European Free Trade Agreement, CEFTA, since 2006, has been a tool to businesses making the rules and regulations governing trade in the European Region. It has contributed to make trade simpler and increasingly harmonized all procedures with those of the EU and the WTO （World Trade Organization）. As a conclusion, CEFTA experience has shown to have improved considerably business ability of developing European economies, to trade with the EU countries and the world. CEFTA has created an attractive market for investments while before the market in the Region was fragmented and unattractive to important investments, has promoted growth, and contributed to job creation. Albania is a recent success of it.
基金The authors are grateful for support from the China National Social Science Foundation(Nos.19BJY192 and 23BGL151).
文摘In the context of China's efforts to establish a global network of free trade areas and diversify its export products, this study explores the impact of trade agreement depth on China's export diversification. Building upon a trade model with multiproduct firms, we discover that the effect of trade agreement depth on export diversification is multifaceted, depending on the relative magnitude of the “market expansion effect” and the “competition intensification effect.” Through empirical analysis of China's exports to 132 countries (or regions) from 2000 to 2015, we find that the deepening of trade agreements affected China's export diversification negatively. This negative correlation was predominantly due to the similarity in comparative advantages between China and its trade partners, leading to the “competition intensification effect” overshadowing the “market expansion effect.” We also note that “natural” agreements, when deepened, were more likely to affect China's export diversification adversely than their “non-natural” counterparts. Moreover, as export diversification increased, the marginal impact of deepening trade agreements exhibited an inverted U-shaped trajectory.
文摘自由贸易协定作为国际贸易的重要议题,是加快构建各国新发展格局的重要内容。基于Web of Science核心数据库中的669篇与自由贸易协定相关的英文论文,运用CiteSpace和R语言进行文献计量分析及知识图谱绘制,探究该领域的研究现状和趋势。结果表明:中国和美国相关研究较多,且与其他国家和机构之间的合作较为紧密;相关研究涉及自由贸易协定的定义特点、测度其影响程度的模型工具以及与其他贸易政策工具的对比分析等主题;研究热点的演进从关注如何构建自由贸易协定转向如何更加完善有效地测度自由贸易协定的影响程度。
文摘Negotiations for the Trans-Pacific Partnership （TPP） Agreement have concluded, but the TPP still must be ratified by each of the 12 member countries. China is the world＇s second largest economy and yet it has not joined the TPP. This has provoked much debate in China as to the best strategic approach to the TPP This paper analyzes China＇s possible strategy for the TPP agreement. We make three key points. First, the security of market access should be China＇s main concern in any free-trade agreement negotiations, regrettably, it is not included in TPP. The second point is that the present TPP agreement is somewhat diminished from its ambitious original claims. We suggest four strategies for China. The first is to promote the development of China＇s remaining regional and bilateral free trade agreements （FTAs）. The second is to negotiate a bilateral FTA with the United States. The third is to promote deep domestic reforms via enlarged TPP coverage. The last is negotiating entrance to the entering do not worsen. TPP as soon as possible so that terms of
文摘Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.
文摘China＇s tariff arrangement in the transition period after ＂entry to WTO＂ influences the process of the multilateral trade system in the world. Establishing the free trade area and customs union according to WTO/GATS 1994 article 24, or according to authorizing the clause （Enabling Clause ） to sign the regional trade agreement between developing countries or signed the protocol of economic integration taking promoting and serving the liberalization of trade as purpose according to WTO/GATS article 5, include the regional trade agreement in the multilateral trade system frame to standardize, supervise and coordinate to China, reduce trade protectionism and improve the multilateral trade system＇s influence in the world greatly. Drawing lessons from CEPA and China the system of the manoeuvre ahead of time of overall ＂entry to WTO＂ of ASEAN Free Trade Area and arrange, accelerate multilateral regional cooperation in economy and trade, zero tariff scheme reform favors route choice.
文摘This study reassesses the macroeconomic and social impacts of Economic Partnership Agreements （EPAs） on Ivorian economy using Computable General Equilibrium （CGE） model with positive externalities of public investment in education, health, and economic infrastructure. Previous studies highlight negative effect of these agreements stressing particularly on losses in government revenues due to the removal of all tariffs on imports. This analysis aims to provide some insight into this question by refreshing the debate to show how this situation could be transformed into opportunities for Ivory Coast in order to promote growth and reduce poverty. To do so, this study postulates that government spending （investment） in economic infrastructure （roads, bridges, communication network, etc.）, in education and health sectors produces positive externalities in each industry. This assumption has not been set anymore in previous studies. Simulation results reveal that, despite this decline in government revenues, if it invests in economic infrastructure, health and education sector, EPAs will generate more revenue for government due to the rise in income tax on firms and households, and tax on overall production. Furthermore, household income will increase which will in turn stimulate （final） consumption. There won＇t also be a decline in economic growth.
