What Has New Zealand Gained From The FTA With China?: Two Counterfactual Analyses
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Cite this item:
Verevis, S., & Ungor, M. (2019). What Has New Zealand Gained From The FTA With China?: Two Counterfactual Analyses (Economics Discussion Papers Series No. 1906). University of Otago. Retrieved from http://hdl.handle.net/10523/9243
Permanent link to OUR Archive version:
http://hdl.handle.net/10523/9243
Abstract:
New Zealand (NZ) was the rst developed country to have signed a free trade agreement
(FTA) with China. We investigate the e ects of the 2008 NZ-China FTA on (i)
exports from NZ to China, and (ii) real GDP per capita in NZ using the synthetic
control method that focuses on estimating the counterfactual outcomes. We nd that
NZ exports to China were more than 200% higher in 2013 and 2014 than what they
would have been if NZ had never signed the FTA with China. Even though the NZ
export sector experienced gains from the 2008 FTA, this agreement did not have any
observable impact on real GDP per capita of NZ.
Date:
2019-04
Publisher:
University of Otago
Series number:
1906
ISSN:
1178-2293
Keywords:
Trade agreements; New Zealand; China,; synthetic control method
Research Type:
Discussion Paper
Languages:
English
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- Economics [308]
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