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Abstract
The aim of this research is to investigate the effects of the free trade agreement between ASEAN-India (AIFTA) and ASEAN-Korea (AKFTA). The Computable General Equilibrium (CGE) model was applied in this paper with a Global Trade Analysis Project (GTAP) database version 8. The GTAP simulations results show that AIFTA provides a greater positive impact than the AKFTA for each region. The greater improvement in terms of welfare, GDP, trade and investment is generated under the AIFTA scheme. Implication of this research is required of any reallocation of resources shared by each country heading on sectors which have a comparative advantage.
Keywords
AIFTA
AKFTA
GTAP
simulation
trade
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Economic Journal of Emerging Markets by Center for Economic Studies, Universitas Islam Indonesia is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
How to Cite
Manshur Al Ahmad, A. S. (2014). ASEAN-India and ASEAN-Korea FTA: Global Trade Analysis Project. Economic Journal of Emerging Markets, 6(1), 55–67. https://doi.org/10.20885/ejem.vol6.iss1.art6