Impact of East-Asian Free Trade on Regional Greenhouse Gas Emissions
نویسندگان
چکیده
The environmental impact of a regional trade agreement towards liberalization is an empirical question. The paper estimates the economic and environmental impacts of alternative trade policies of liberalization between six East Asian countries using Global Trade Analysis Project (GTAP) framework. The finding reveals that Japan will be in a winwin situation followed by Republic of Korea after tariff reductions. Among the other countries, the impact on China is found to be neutral, while for Vietnam, though industrial output inducing is not environmental friendly. Further, the paper discusses the relevance of the findings for trade and environment debate. The paper concludes with alternative environmental policy implications.
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