Chasing the rising sun: a computable general equilibrium evaluation of potential Australasia-Japan FTAs
We investigate the consequences for New Zealand of the formation of various freetrade areas (FTAs) involving New Zealand, Australia and Japan using a computable general equilibrium model of global production and trade. We find that New Zealand will not experience a significant increase in welfare due to a New Zealand-Australia-Japan FTA, but the formation of an Australia-Japan FTA may cause a large reduction in New Zealand welfare.
Publisher: University of Otago
Series number: 523
Keywords: trade liberalisation; free trade agreements; computable general equilibrium modelling
Research Type: Discussion Paper