지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록· 키워드
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This study aims to conduct a quantitative assessment of the potential economic effects of the Korea-EU FTA, which took effect on 1 July 2011. The study uses a recursively dynamic CGE model that makes it possible to explicitly take into account capital accumulation over time and different timing of policy implementations related to the FTA. Tariff reductions for primary sectors and manufacturing sectors, as well as tariff equivalents of services are considered for trade liberalization between Korea and the EU. Tariff reductions are assumed to be implemented based on the concessions agreed upon in the Korea-EU FTA over the period 2011 to 2020. Major findings of the study are that Korea will gain an additional increase in real GDP of 1.22% to 1.44% by 2025 and the country’s welfare will rise by $8.2 billion to $9.3 billion by 2025. Except for livestock, dairy products, and processed food, Korea’s domestic production in all other industries will increase. The increase in output will be made possible, in part, by increased capital stock, which is funded by foreign investors. The Korea-EU FTA will result in an increase in foreign investment and capital stocks in Korea. The opening up of domestic markets to foreign investment as a result of the Korea-EU FTA will lead to the rise in foreign ownership of domestic assets.
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참고문헌 (13)
참고문헌 신청
Armington, Paul S. / 1969 / A Theory of Demand for Products Distinguished by Place of Production / International Monetary Fund Staff Paper 16 (1) : 159 ~ 178
Chappuis, Thomas / 2011 / Projections for World CGE Model Baselines / GTAP Research Memorandum No. 22
Copenhagen Economics & Francois / 2007 / Economic Impact of a Potential Free Trade Agreement (FTA) Between the European Union and South Korea / Copenhagen Economics
Dee, Philippa / 2005 / A Compendium of Barriers to Services Trade, Asia Pacific School of Economics and Government / Australian National University
Hertel, Thomas W. / 1997 / Global Trade Analysis: Modeling and Applications / Cambridge University Press
Chappuis, Thomas / 2011 / Projections for World CGE Model Baselines / GTAP Research Memorandum No. 22
Copenhagen Economics & Francois / 2007 / Economic Impact of a Potential Free Trade Agreement (FTA) Between the European Union and South Korea / Copenhagen Economics
Dee, Philippa / 2005 / A Compendium of Barriers to Services Trade, Asia Pacific School of Economics and Government / Australian National University
Hertel, Thomas W. / 1997 / Global Trade Analysis: Modeling and Applications / Cambridge University Press
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