摘要 :
A comprehensive background of bilateral FTA between Korea and China is multiplexed with politics and economic aspects. Main perspective of this thesis –Korean side–could interpret that there are two reasons for Korea to reach a ...
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A comprehensive background of bilateral FTA between Korea and China is multiplexed with politics and economic aspects. Main perspective of this thesis –Korean side–could interpret that there are two reasons for Korea to reach a full agreement with China. First, Korea would like to secure market with massive potential based on huge volume of actual buying powered-populations. Second, under the pierce market competition among Korea-China-Japan, Korea has a strategy to make an overwhelming move in the Chinese market over Japan. In a geopolitical perspective, there is an enough incentive at Korea also to equally weight their political tie with China as for the same portion Korea has with U.S. This move is to hedging geopolitical risk.
The main purpose of focusing studying on agriculture sector is,
First, we believe it is appropriate to properly estimate changes on volumes after FTA when it comes to focusing on one specific sector – agriculture – rather than equally weighted averaged on every industries involved in FTA concessions.
Second, we understand that it is universal similarity among countries worldwide for incentives on protecting own farming(fishery) market against outflow of product, but we find that Korea has relatively strong in protecting their domestic market in that sector. Agriculture(fishery) sectors for Korea is directly/closely linked with actual consumption power of national citizens in addition to political incentives for political party, so it could come legitimate for us to choose agriculture field as study area.
There are four endogenous variables to derive for estimating volume changes in Korea-China FTA. There are four of them, each with specific purpose, are;
RCA model is utilized to explain comparable competitiveness in agricultural products. ESI model is utilized to explain export similarity in agricultural products.
TSI model is utilized to explain commodity specification in agricultural products.
Elasticity analysis is proceeded to extract trade volume changes according to entire tariff elimination after FTA.
For result found out of endogenous variables, exogenous variables are applied to explain.
There are “enough” amount of data, fact and information for endogenous variables and exogenous variables models.
Sum up, thesis stream simply follows as:
Purpose of Korea-China FTA → Possible estimated outcome of FTA(specifically focused on agriculture sector) → Interpretation of data/information through four endogenous variables and exogenous variable models→Conclusion.
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摘要 :
The Free Trade Agreement (FTA) between Peru and China has developed a new pathfor economic cooperation.Both nations complement each other economically based ontheir history, commercial ties, and overall mutual trust.Peru has to ta...
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The Free Trade Agreement (FTA) between Peru and China has developed a new pathfor economic cooperation.Both nations complement each other economically based ontheir history, commercial ties, and overall mutual trust.Peru has to take advantage ofthis great economic relationship with China in order to learn and stimulate economicwell-being.Peru has been and will remain a primary export economy; meanwhileChina is an industrialized economy.It is because of Peru's position as a primary goodexporter that has led to China to invest and trade in such products.Currently, thecommercial exchange of goods is the most developed relationship among both nations.However, there is an urgent need to drift away from the same old pattern.The modality,export capacity, and services sector which have shown Peru's weaknesses have toundergo a drastic evolution.The FTA serves as the perfect platform to stimulateeconomic growth.China will contribute to investments in infrastructure, growth inproduct diversification, and increase the level of technological transfer.
This research thesis describes the concepts and types of free trade agreements andcurrent trading partners of Peru and China.The advantages of a FTA as well as theeconomic impact in both parties, Peru and China, are to be observed.We will learnabout the commercial history between Peru and China; we will see how the FTAsigned by these two nations has evolved.The trade balance performance, the progressand setbacks after signing this trade agreement are also important.To identify theeffects of FTA it is important to unravel the effects of regional integration of otherchanges in the economy.To do this, we will execute the gravity model, whichestimates bilateral trade between countries and explains the trade with a series ofvariables; in that way we will discover if the estimated relations change as aconsequence of the implementation of the FTA.
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