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The computable general equilibrium analysis of the reduction in tariffs and non-tariff measures within the Korea-Japan-European Union free trade agreement
Japan and the World Economy ( IF 1.703 ) Pub Date : 2020-09-06 , DOI: 10.1016/j.japwor.2020.101037
Chae-Deug Yi

The trilateral Korea-Japan-EU FTA with the removal of tariffs can contribute to the increase GDPs of Korea, Japan, and the EU. The reduction of NTMs gives more benefits from the Korea-Japan-EU FTA. In particular, trilateral Korea-Japan-EU FTA with the reduction of both import tariffs and NTMs can give the larger increases in Korea, Japan and the EU’s GDPs, exports, and imports. Furthermore, the Korea-Japan-EU FTA also provides the positive welfare effects to all participating countries such as Korea, Japan the EU. And it can also contribute to increase the whole world’s welfare level. Thus, the Korea-Japan-EU FTA will be a win-win FTA strategy not only to Korea, Japan, and EU but also to the global world.



中文翻译:

韩日欧自由贸易协定内关税和非关税措施减少的可计算一般均衡分析

取消关税的三边朝鲜-日本-欧盟自由贸易协定可以促进韩国,日本和欧盟的GDP增长。减少NTM可以从韩日欧FTA中获得更多好处。特别是降低进口关税和NTM的三边韩日欧FTA可以使韩国,日本和欧盟的GDP,出口和进口有更大的增长。此外,韩国-日本-欧盟自由贸易协定还为所有参与国如韩国,日本和欧盟提供了积极的福利影响。它也可以有助于提高整个世界的福利水平。因此,韩日欧FTA不仅对韩国,日本和欧盟,而且对全球都是双赢的FTA战略。

更新日期:2020-09-06
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