The Welfare Impact of Data Localization on the APEC

• 발행기관: 한국APEC학회
• 저자명: Kyu Yub Lee
• 간행물 정보: 『Journal of APEC Studies』Journal of APEC Studies Vol.11 No.1, 1~7쪽, 전체 7쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2019.06.30

영문 초록

This article builds a quantitative trade model to evaluate the welfare effects resulting from data localization measures. Based on the constructed model, it employs data from the World Input-Output Database to examine the welfare impact of data localization on the APEC economies. This paper highlights two distinct features of data localization, namely variable and fixed exporting costs. It shows that data localization measures can hurt all trading partners of the APEC economies in terms of real consumption. Further, the magnitude of the welfare effects stemming from data localization differs considerably across countries. This article suggests that the APEC economies should make efforts to minimize the welfare losses that arise from data localization measures.

목차

Ⅰ. Introduction

Ⅱ. The Model

Ⅲ. Data and Results

Ⅳ. Concluding Remarks

키워드

APEC Cross Border Privacy Rules (CBPR) data localization input-output database welfare impact