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The impact of economic integration a...

Wang, Zhi.

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The impact of economic integration among Taiwan, Hong Kong and China: A computable general equilibrium analysis.

Record Type:	Electronic resources : Monograph/item
Title/Author:	The impact of economic integration among Taiwan, Hong Kong and China: A computable general equilibrium analysis./
Author:	Wang, Zhi.
Description:	273 p.
Notes:	Source: Dissertation Abstracts International, Volume: 56-01, Section: A, page: 0294.
Contained By:	Dissertation Abstracts International56-01A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9514684

The impact of economic integration among Taiwan, Hong Kong and China: A computable general equilibrium analysis.
Wang, Zhi.

The impact of economic integration among Taiwan, Hong Kong and China: A computable general equilibrium analysis. - 273 p.

Source: Dissertation Abstracts International, Volume: 56-01, Section: A, page: 0294.

Thesis (Ph.D.)--University of Minnesota, 1994.

The objective of this study is to investigate the effects of economic integration among Taiwan, Hong Kong, and China (CEA), with special attention to its impact on Japan and the United States. A seven-region, six-sector computable general equilibrium model for world production and trade is developed for this purpose.Subjects--Topical Terms:

1017424
Economics, General.

The impact of economic integration among Taiwan, Hong Kong and China: A computable general equilibrium analysis.
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100 1 $a Wang, Zhi. $3 1900689
245 1 4 $a The impact of economic integration among Taiwan, Hong Kong and China: A computable general equilibrium analysis.
300 $a 273 p.
500 $a Source: Dissertation Abstracts International, Volume: 56-01, Section: A, page: 0294.
500 $a Major Adviser: G. Edward Schuh.
502 $a Thesis (Ph.D.)--University of Minnesota, 1994.
520 $a The objective of this study is to investigate the effects of economic integration among Taiwan, Hong Kong, and China (CEA), with special attention to its impact on Japan and the United States. A seven-region, six-sector computable general equilibrium model for world production and trade is developed for this purpose.
520 $a The model was calibrated according to 1990 data, which are organized into a seven-region, six-sector Social Accounting Matrix (SAM). This benchmark equilibrium serves as the point of comparison for simulation and numerical comparative statics analysis.
520 $a The model is used to study the impacts of trade liberalization that would result from resuming direct trade across the Taiwan Straits, from forming a Chinese free trade area, and from a 50% tariff cut among CEA, Japan, and the United States. The consequences of removing China's Most Favored Nation trade status (MFN) are also analyzed. Four groups of counterfactual simulations were conducted. The lessons learned from these experiments and their policy implications are discussed.
520 $a The simulation results demonstrate that each Chinese economy has much to gain from greater integration by means of liberalization of trade and investment policies. For instance, even in a comparative static framework each Chinese economy will enjoy a net welfare gain ranging from 0.34 to 1.66 percent of their base year GNP by forming a free trade area. The opportunity cost of isolating the United States from East Asia is high for the three Chinese economies. The simulation results from a 50% tariff cut among CEA, Japan, and the United States show that their gains from trade liberalization will be doubled if there is a regional agreement among the United States and the two dominant economic powers in East Asia. Therefore, the United States might actively pursue a regional agreement with East Asia after having reached an accord on the NAFTA. The large economic stake from such an agreement for the three Chinese economies should provide enough incentive for them to strongly support such a US initiative, and may help the United States to force Japan to make more concessions in opening its domestic market.
590 $a School code: 0130.
650 4 $a Economics, General. $3 1017424
650 4 $a Political Science, International Law and Relations. $3 1017399
650 4 $a Engineering, System Science. $3 1018128
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710 2 0 $a University of Minnesota. $3 676231
773 0 $t Dissertation Abstracts International $g 56-01A.
790 1 0 $a Schuh, G. Edward, $e advisor
790 $a 0130
791 $a Ph.D.
792 $a 1994
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9514684