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Colombia and East Asia trade relations and future prospects: an analysis using a CGE model

Year: 2003

Type: report

Abstract: This paper provides an empirical analysis of Colombian integration with East Asia using a Computable General Equilibrium (CGE) model, in which we assess the effects of several trade liberalization scenarios on trade flows and welfare.The results show that there is an important potential for the development of Colombian exports of other crops, chemical products, apparel and textiles to East Asian nations.This result is not derived from subscribing a Free Trade Agreement, but from unilaterally liberalizing tariffs in both regions.

DOI: 10.32468/be.238

Authors: María del Pilar Esguerra-Umaña, Ana María Iregui-Bohórquez, María Teresa Ramírez-Giraldo

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: gold

OpenAlex ID: W3123508146

Cites: 10

Cited by: 1

Related to: 10