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Characteristics of the Trade between Korea and China and its Implications for a Korea-China FTA
economic integration, trade policy
Author Pyoun Seob Yang, Chang Kyu Lee, Hyunjung Park, Jina Yeo, SeungBin Pae, Hyun-Jun Cho Series 07-08 Language Korean Date 2007.12.30
Most of the existing research adopted the computable general equilibrium(CGE) model to estimate the economic effects of a Korea-China FTA. The findings of these research generally show that the effects of an FTA on Korea's GDP will be much greater than China's, and Korea's trade surplus with China will expand in the manufacturing sector. (The rest is omitted.)
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