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Title: Post-TPP trade policy options for Asean and its dialogue partners : “preference ordering” using CGE analysis
Authors: Ji, Xianbai
Rana, Pradumna Bickram
Chia, Wai-Mun
Li, Changtai
Keywords: RCEP
Social sciences::Political science
Issue Date: 2018
Source: Ji, X., Rana, P. B., Chia, W.-M., & Li, C. (2018). Post-TPP trade policy options for Asean and its dialogue partners : “preference ordering” using CGE analysis. East Asian Economic Review, 22(2), 177-215. doi:10.11644/KIEP.EAER.2018.22.2.342
Series/Report no.: East Asian Economic Review
Abstract: Trump’s withdrawal from the Trans-Pacific Partnership (TPP) and his “America First” trade agenda ignite a second round of interest in mega-free trade agreements in the Asia-Pacific. Countries are evaluating alternative trade policy actions in a post-TPP era. Using national real GDP gains estimated by a modified GTAP model to construct “preference ordering” for 10 Association of Southeast Asian Nations members and their six regional dialogue partners, this paper comes up with several policy-oriented findings. First, when multilateral agreements are not possible, countries are better off with a regional trading agreement than without one. Second, the Regional Comprehensive Economic Partnership is likely to have higher beneficial impacts than the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Third, for dual-track countries, implementing both agreements is better than each separately. Fourth, impacts of open regionalism are likely to be higher than those of a closed and reciprocal one. Going forward, this paper argues that countries should adopt a “multi-track, multi-stage” approach to trade policy.
ISSN: 2508-1640
DOI: 10.11644/KIEP.EAER.2018.22.2.342
Schools: School of Social Sciences 
S. Rajaratnam School of International Studies 
Rights: © 2018 EAER is an open access journal distributed under the terms of the Creative Commons Attribution 4.0 International License (, which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license.
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:RSIS Journal Articles
SSS Journal Articles

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