Author
Listed:
- Seunghee Han
- Inkyo Cheong
Abstract
Over the past decade, globalisation has been a pervasive trend in almost all economies. The world economy is becoming increasingly interdependent, deepening and intensifying international linkages, most notably in trade. As trade expands among nations throughout the world, integration of the Organisation for Economic Co-operation and Development (OECD) economies with non-OECD economies has become a salient feature of the global economy.This study identified the possible long-term effect of APEC’s trade liberalisation commitments on real GDP and trade across regions, both inside and outside the APEC area, and on employment by production sector in each region, using a multiregion, multisector, computational general equilibrium (CGE) model.One of the key findings from our empirical work is the impacts of trade liberalisation and facilitation measures in the APEC region have turned out to be significant at least in direction if not in magnitude, throughout OECD as well as non-OECD ... Au cours de la dernière décennie, la tendance à la mondialisation s’est développée dans presque toutes les économies. L’économie mondiale se caractérise par une interdépendance croissante, avec un approfondissement et une intensification des liens internationaux, plus particulièrement dans le domaine commercial. Avec l’extension des échanges entre nations à travers le monde, l’intégration des économies Membres de l’Organisation de Coopération et de Développement Economiques (OCDE) et des économies non membres est devenue un trait marquant de l’économie mondiale.Cette étude examine, à l’aide d’un modèle d’équilibre général calculable, multisectoriel et multirégional, l’effet à long terme possible des engagements de libéralisation des échanges au sein de l’APEC sur le PIB réel et sur le commerce d’une région à l’autre, à l’intérieur comme à l’extérieur de la zone de l’APEC, et sur l’emploi par secteur productif dans chaque région.L’une des principales conclusions de nos travaux ...
Suggested Citation
Seunghee Han & Inkyo Cheong, 1998.
"APEC Trade Liberalisation: Its Implications,"
OECD Economics Department Working Papers
197, OECD Publishing.
Handle:
RePEc:oec:ecoaaa:197-en
DOI: 10.1787/754552062461
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