Columbia International Affairs Online: Working Papers

CIAO DATE: 07/2008

What does a free-trade area of the Asia-Pacific mean to China

Tingsong Jiang, Warwick McKibbin

May 2008

Lowy Institute for International Policy

Abstract

A Free Trade Area of the Asia-Pacific (FTAAP) has been proposed as a long-term prospect by the Asia-Pacific Economic Cooperation (APEC). This Working Paper by Tingsong Jiang and Warwick McKibbin examines the impact of the FTAAP on the national and regional economies in China using a suite of general equilibrium models: APG-Cubed, a dynamic global model; GTAP, a static global model; and CERD, a static China model with regional dimension.