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Registros recuperados: 10 | |
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Zhuang, Renan; Mattson, Jeremy W.; Koo, Won W.. |
This paper examines the effects of the U.S.-Korea free trade agreement (KORUS FTA) on various sectors of the economy in the two countries using a general equilibrium model. Additional analysis focuses on the agricultural sector. Our analysis indicates that the increase in U.S.-Korea bilateral trade volume in recent years has been through intra-industry trade of high-technology products. Under the KORUS FTA, the bilateral trade volume would increase for virtually all the sectors, and GDP and social welfare would improve for both countries. However, producers of textile products in the United States and producers of agricultural and food products in South Korea would suffer from the FTA. This agreement could benefit U.S. agriculture, but the benefits... |
Tipo: Report |
Palavras-chave: Korea; Free trade agreement; Trade creation; Trade diversion; International Relations/Trade. |
Ano: 2007 |
URL: http://purl.umn.edu/7636 |
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Zhuang, Renan; Koo, Won W.. |
We use a multi-region GTAP model to study the implications of a global sugar free trade agreement on the U.S. sugar industry. In general, the sugar net importing countries such as the former Soviet Union, Japan, and the United States would reduce sugar production and increase their net imports from the world market. By contrast, the sugar net exporting countries such as Australia, Brazil, and Thailand would increase their sugar production and increase their net exports. Under a scenario where import tariffs and export subsidies are completely eliminated, U.S. sugar production would decrease by 2.8%. This is in contrast to some of the previous studies, which argued that the U.S. sugar production would increase slightly annually. U.S. import prices would... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2006 |
URL: http://purl.umn.edu/21486 |
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Zhuang, Renan; Koo, Won W.. |
We investigate the effects of China's economic growth on various sectors in the United States and other countries and regions, using a multi-region Global Trade Analysis Project (GTAP) model. The results indicate that all countries and regions, except South Korea and South Asian countries, would benefit from China's rapid economic growth. The welfare gain varies significantly across the countries and regions. Hong Kong and Taiwan would benefit the most from mainland China's economic growth in terms of per capita welfare gains. U.S. bilateral trade balance with China would improve in the sectors of grain and other primary agricultural products, but it would deteriorate in the sectors of textiles and high-tech manufacturing products. |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Development. |
Ano: 2007 |
URL: http://purl.umn.edu/10257 |
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Zhuang, Renan; Koo, Won W.. |
It has been controversial among economists about the impacts of globalization on growth, and the debate over the issue has intensified in recent years. In this study, we employ reliable panel data and an empirical growth model derived from production theory to investigate the effects of globalization on economic growth. The estimation results strongly suggest that economic globalization has a significant positive effect on economic growth for all countries. However, China and India would gain the most, followed by developed countries, and other developing countries would gain the least. Other important determinants of economic growth include capital, human capital, and technology. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Globalization; Economic growth; Measure of Economic Globalization; International Development; F15; F43. |
Ano: 2007 |
URL: http://purl.umn.edu/9750 |
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Miljkovic, Dragan; Zhuang, Renan. |
The effect of exchange rate pass-through on import prices is a question of significant interest to many nations and especially those with permanent trade deficit. Japan is traditional net importer of food products in general and meat products including beef, pork, and poultry in particular. Most of the Japanese meat imports come from a few countries thus making Japan potentially very sensitive to the swings in one or a few bilateral exchange rates. This was the motivation to estimate the exchange rate pass-through effect on meat import prices in Japan. Interestingly, results for different meats differ substantially. For instance, poultry import prices indicate almost complete exchange rate pass-through, while beef import prices indicate partial... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Relations/Trade. |
Ano: 2007 |
URL: http://purl.umn.edu/9967 |
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Zhuang, Renan; Abbott, Philip C.. |
We estimate a simultaneous equations model of Chinese markets for wheat, rice, corn, pork, and poultry. Elasticities for consumption, feed demand, production, stocks demand, and foreign trade fall within the range of results from previous studies, and are reasonable magnitudes. China has market power in the trade for all commodities. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2005 |
URL: http://purl.umn.edu/19267 |
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Registros recuperados: 10 | |
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