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The Gains of Economic Integration: Substantive Evidence for an Australia-Korea Free Trade Agreement | ||
| Iranian Journal of Economic Studies | ||
| مقاله 6، دوره 1، شماره 1، تیر 2012، صفحه 91-110 اصل مقاله (394.95 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22099/ijes.2012.590 | ||
| نویسنده | ||
| Tran Van Hoa | ||
| Professor, Centre for Strategic Economic Studies, and Director, Vietnam and East Asia Summit Research Program Victoria University, Melbourne, Australia | ||
| چکیده | ||
| Abstract On 6 December 2006, Australia and Korea announced a joint study on a possible Australia-Korea free trade agreement (AKFTA) to promote trade and economic relations between the two countries. The paper provides empirical evidence on the possible gains and their transmission mechanism from this agreement. Significantly, it uses a new economic policy modelling approach, the endogenous gravity theory (Tran Van Hoa, 2004) to provide credible and substantive causal findings and subsequent forecasts, as distinct from geopolitical economy arguments and scenarios, to evaluate the possible gains of the AKFTA to inform discussion and policy advice. | ||
| کلیدواژهها | ||
| Keywords: Economic integration؛ Australia-Korea free trade agreement؛ economic modelling؛ endogenous growth and trade theory؛ economic and trade policy. JEL Classification: F13؛ F43؛ C54 | ||
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