Expansion of EU's Free Trade Agreements into Asian Countries and Its Impact on the Chinese Economy

Autor:	Backhoon Song, Chang-Soo Lee
Rok vydání:	2015
Předmět:	Computable general equilibrium business.industry media_common.quotation_subject International trade Foreign direct investment Negotiation Political Science and International Relations Economics Production (economics) Industry of China Business and International Management Chinese economy China business General Economics Econometrics and Finance Free trade media_common
Zdroj:	Global Economic Review. 44:431-451
ISSN:	1744-3873 1226-508X
DOI:	10.1080/1226508x.2015.1099248
Popis:	This study investigates the macroeconomic impact of EU's free trade agreements with Asian countries and the US on the Chinese economy. In addition we examine the impacts on the Chinese industry output based on the framework of production network and production fragmentation. The expansion of the EU's economic reach toward ASEAN and Japan through free trade agreement will generate a positive macroeconomic effect on negotiation participants while it generates a negative effect on the Chinese economy: Some portions of existing trade and foreign direct investment will be shifted to partner countries from non-partner countries. However, according to a sectorial analysis, EU's free trade agreements with three countries result in a positive impact on China's electronics and machinery industry, because China's industry is linked to the production fragmentation and foreign affiliates play a crucial role.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::677aafc57c79088949581af71e0d9fd6 https://doi.org/10.1080/1226508x.2015.1099248 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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