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
Trade liberalization requires institutional coordination and openness,and is driven by a multitude of factors.This paper simulates endogenous optimal tariffs under different model structures to uncover the underlying ...Trade liberalization requires institutional coordination and openness,and is driven by a multitude of factors.This paper simulates endogenous optimal tariffs under different model structures to uncover the underlying drivers of trade liberalization.Parametric calibration and simulation methods based on the numeric general equilibrium model are employed to estimate the optimal tariff rates of countries with and without trade retaliation.Then,near-reality assumptions are added into the standard general equilibrium model structure,including the cross-border capital flow,multi-country assumption and trade cost,to simulate decreasing optimal tariff rates.The simulation results suggest that world economic development has increased the economic ties and interdependence among nations,making trade liberalization an endogenous optimal choice.The backlash against globalization in recent years is motivated by short-term factors,but will not persist in the long run since it goes against the law of economic growth and socio-economic development.展开更多
Recently, China, Japan, and the Republic of Korea (Korea) are conducting a government-commis- sioned feasibility study on the Free Trade Agreement among the three countries (CJKFTA) to form a regional free trade z...Recently, China, Japan, and the Republic of Korea (Korea) are conducting a government-commis- sioned feasibility study on the Free Trade Agreement among the three countries (CJKFTA) to form a regional free trade zone in East Asia. Considering that freer trade can cause unexpected impact on domestic environment, there is a need to evaluate the environmental impact of such a trade policy. This move should be made to help negotiators understand and pay more attention to environ- mental issues during CJKFTA negotiations, and to help lobby with the government to carry out appropriate policy instruments for adaptation or mitigation. Following the Chain Reaction Assessment Method that integrates and links the elements of trade, production, and environment, the present research aims to quantitatively assess CJKFTA's possible impact on China's environment. This is done by estimating the variations of China's major conventional pollutants and greenhouse gases (GHGs) emission in two policy scenarios to represent CJKFTA's scale and composition effects on China's environment. Estimating the variations is based on a static Computable General Equilibrium model, working with Global Trade Analysis Project (GTAP) 7 database and China's energy- environment statistics. Based on these assessments, CJKFTA is predicted to lead to notable environmental impact, including increased emissions of agricultural total nitrogen, agricultural total phosphorus, chemical oxygen demand, and GHGs. On the other hand, decreased emissions of industrial SO2 and dust are also expected to happen. Suitable policies need to be made to combat negative effects and amplify positive ones, while aiming at a more sustainable regional freer trade system.展开更多
The General Agreement on Trade in Services(GATS)of the World Trade Organization(WTO)covers educational trade services.Hence,all the regulations of the GATS have to be followed in the international trade of educational...The General Agreement on Trade in Services(GATS)of the World Trade Organization(WTO)covers educational trade services.Hence,all the regulations of the GATS have to be followed in the international trade of educational services.Having acceded to the WTO,China is starting to fulfill the rights and obligations as a member by completely respecting international trade,services and intellectual property laws.At the same time,it is also starting to fulfill some of the commitments it made in the GATS,such as expanding activities on trade in educational services.Comprehending the fundamental regulations and China’s commitments is significant towards promoting China’s international trade in educational services.展开更多
The role of China in East Asia 's recovery from the recent global finaneial and economic crisis highlights China 's position as an engine of growth for this region. From the viewpoint of China, there are many potent...The role of China in East Asia 's recovery from the recent global finaneial and economic crisis highlights China 's position as an engine of growth for this region. From the viewpoint of China, there are many potential gains from entering into free trade agreements (FTAs) with its neighbors, who collectively form a large and fast-growing market. In this paper, we qualitatively and quantitatively assess the four main permutations of China's FTAs with East Asian major economies: China-ASEAN, China-Japan, China-Korea and ASEAN+ 3. We compare the effects of these FTAs on China "s output and welfare. Our comparative analysis shows that China will gain from all three bilateral FTAs, while gaining the most from the ASEAN+ 3. Because forming a region-wide FTA, such as the ASEAN+ 3, is expected to be gradual and difficult, China shouM continue to engage in bilateral FTAs as a mediumterm and alternative strategy. However, in the long term, China should pursue a regionwide FTA.展开更多
This paper studies the employment effect of China’s possible implementation of zero tariffs by comparing China s most-favored-nation tariffs and the tariff schedules of China’s signed free trade agreements(FTAs)with...This paper studies the employment effect of China’s possible implementation of zero tariffs by comparing China s most-favored-nation tariffs and the tariff schedules of China’s signed free trade agreements(FTAs)with the tariff concessions in a typical high-standard FTA.It finds that there is a large gap between China s current tariff status and a high-standard FTA,and the implementation of zero tariffs in China would have a significant negative impact on employment in some industries.However,the employment effect of implementing zero tariffs is heterogeneous.Analysis at the industrial level shows that,although employment would drop in a few industries as a result of the implementation of zero tariffs,more jobs would be created in most industries.The overall employment effect of a zero tariff policy would be positive,creating an estimated 8.05 million jobs in China.Therefore,China should consider the adjustment costs brought by the labor movement in different industries and introduce relevant policies to deal with the employment shocks caused by zero tariffs.展开更多
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.
基金the sponsorship of the Post-funded Project of Philosophy and Social Science Research of the Chinese Ministry of Education (19JHQ062)the National Natural Science Foundation of China (NSFC) General Program (71572048) for this paper
文摘Trade liberalization requires institutional coordination and openness,and is driven by a multitude of factors.This paper simulates endogenous optimal tariffs under different model structures to uncover the underlying drivers of trade liberalization.Parametric calibration and simulation methods based on the numeric general equilibrium model are employed to estimate the optimal tariff rates of countries with and without trade retaliation.Then,near-reality assumptions are added into the standard general equilibrium model structure,including the cross-border capital flow,multi-country assumption and trade cost,to simulate decreasing optimal tariff rates.The simulation results suggest that world economic development has increased the economic ties and interdependence among nations,making trade liberalization an endogenous optimal choice.The backlash against globalization in recent years is motivated by short-term factors,but will not persist in the long run since it goes against the law of economic growth and socio-economic development.
文摘Recently, China, Japan, and the Republic of Korea (Korea) are conducting a government-commis- sioned feasibility study on the Free Trade Agreement among the three countries (CJKFTA) to form a regional free trade zone in East Asia. Considering that freer trade can cause unexpected impact on domestic environment, there is a need to evaluate the environmental impact of such a trade policy. This move should be made to help negotiators understand and pay more attention to environ- mental issues during CJKFTA negotiations, and to help lobby with the government to carry out appropriate policy instruments for adaptation or mitigation. Following the Chain Reaction Assessment Method that integrates and links the elements of trade, production, and environment, the present research aims to quantitatively assess CJKFTA's possible impact on China's environment. This is done by estimating the variations of China's major conventional pollutants and greenhouse gases (GHGs) emission in two policy scenarios to represent CJKFTA's scale and composition effects on China's environment. Estimating the variations is based on a static Computable General Equilibrium model, working with Global Trade Analysis Project (GTAP) 7 database and China's energy- environment statistics. Based on these assessments, CJKFTA is predicted to lead to notable environmental impact, including increased emissions of agricultural total nitrogen, agricultural total phosphorus, chemical oxygen demand, and GHGs. On the other hand, decreased emissions of industrial SO2 and dust are also expected to happen. Suitable policies need to be made to combat negative effects and amplify positive ones, while aiming at a more sustainable regional freer trade system.
文摘The General Agreement on Trade in Services(GATS)of the World Trade Organization(WTO)covers educational trade services.Hence,all the regulations of the GATS have to be followed in the international trade of educational services.Having acceded to the WTO,China is starting to fulfill the rights and obligations as a member by completely respecting international trade,services and intellectual property laws.At the same time,it is also starting to fulfill some of the commitments it made in the GATS,such as expanding activities on trade in educational services.Comprehending the fundamental regulations and China’s commitments is significant towards promoting China’s international trade in educational services.
基金Innwon Park's research is supported by a Korea University GrantSoonchan Park's research is supported by the National Research Foundation of Korea Grant funded by the Korean Government(NRF-2010-32A-B00045)
文摘The role of China in East Asia 's recovery from the recent global finaneial and economic crisis highlights China 's position as an engine of growth for this region. From the viewpoint of China, there are many potential gains from entering into free trade agreements (FTAs) with its neighbors, who collectively form a large and fast-growing market. In this paper, we qualitatively and quantitatively assess the four main permutations of China's FTAs with East Asian major economies: China-ASEAN, China-Japan, China-Korea and ASEAN+ 3. We compare the effects of these FTAs on China "s output and welfare. Our comparative analysis shows that China will gain from all three bilateral FTAs, while gaining the most from the ASEAN+ 3. Because forming a region-wide FTA, such as the ASEAN+ 3, is expected to be gradual and difficult, China shouM continue to engage in bilateral FTAs as a mediumterm and alternative strategy. However, in the long term, China should pursue a regionwide FTA.
基金supported by the National Social Science Fund of China(No.16CGJ001).
文摘This paper studies the employment effect of China’s possible implementation of zero tariffs by comparing China s most-favored-nation tariffs and the tariff schedules of China’s signed free trade agreements(FTAs)with the tariff concessions in a typical high-standard FTA.It finds that there is a large gap between China s current tariff status and a high-standard FTA,and the implementation of zero tariffs in China would have a significant negative impact on employment in some industries.However,the employment effect of implementing zero tariffs is heterogeneous.Analysis at the industrial level shows that,although employment would drop in a few industries as a result of the implementation of zero tariffs,more jobs would be created in most industries.The overall employment effect of a zero tariff policy would be positive,creating an estimated 8.05 million jobs in China.Therefore,China should consider the adjustment costs brought by the labor movement in different industries and introduce relevant policies to deal with the employment shocks caused by zero tariffs.