| Assessing the economic impact and welfare effects of RCEP: A case study of Malaysia's progress in the ASEAN-China Free Trade Agreement |
| Jiang, Yang1,2 ; Husin, Hartini1
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| 2023-11-25
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| 发表期刊 | JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT
(IF:1.073[JCR-2019],1.057[5-Year]) |
| 摘要 | This paper employs the WITS-SMART model to analyze the potential impacts of the Regional Comprehensive Economic Partnership (RCEP) on specific industries in Malaysia and China. By modifying the Armington elasticity and the parameter 'a' in the Swiss formula, five distinct scenarios are established to simulate the effects of various tariff reduction schemes. The analysis reveals positive and significant overall trade effects. In a scenario of complete tariff elimination, Malaysia experiences higher trade and welfare effects compared to China, addressing the longstanding trade deficit between the two countries. Finally, recommendations are made to gradually reduce tariffs in stages and sectors, prioritize tariff reduction on specific goods, implement zero tariffs in China first, focus on products with international competitiveness, and address potential asymmetric industrial output effects. |
| 关键词 | RCEP
tariff reduction
trade effects
welfare effects
Malaysia
China
F13
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| DOI | 10.1080/09638199.2023.2285861
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| 收录类别 | SSCI
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| ISSN | 0963-8199
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| 语种 | 英语
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| WOS研究方向 | Business & Economics
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| WOS类目 | Economics
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| WOS记录号 | WOS:001110267500001
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| 出版者 | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
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| 原始文献类型 | Article
; Early Access
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| EISSN | 1469-9559
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| 引用统计 |
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| 文献类型 | 期刊论文
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| 条目标识符 | http://ir.lzufe.edu.cn/handle/39EH0E1M/35471
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| 专题 | 国际经济与贸易学院
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| 通讯作者 | Jiang, Yang |
| 作者单位 | 1.Univ Utara Malaysia, Sch Int Studies, Sintok, Malaysia;
2.Lanzhou Univ Finance & Econ, Sch Int Econ & Trade, Lanzhou, Peoples R China
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| 第一作者单位 | 兰州财经大学
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| 通讯作者单位 | 兰州财经大学
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推荐引用方式
GB/T 7714 |
Jiang, Yang,Husin, Hartini. Assessing the economic impact and welfare effects of RCEP: A case study of Malaysia's progress in the ASEAN-China Free Trade Agreement[J]. JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT,2023.
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| APA |
Jiang, Yang,&Husin, Hartini.(2023).Assessing the economic impact and welfare effects of RCEP: A case study of Malaysia's progress in the ASEAN-China Free Trade Agreement.JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT.
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| MLA |
Jiang, Yang,et al."Assessing the economic impact and welfare effects of RCEP: A case study of Malaysia's progress in the ASEAN-China Free Trade Agreement".JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT (2023).
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