An Analysis of the Impact of Indo-Lanka Free Trade Agreement and Its Implications for Free Trade in South Asia

• 영문명: An Analysis of the Impact of Indo-Lanka Free Trade Agreement and Its Implications for Free Trade in South Asia
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Mahinda Siriwardana
• 간행물 정보: 『Journal of Economic Integration』제19권 제3호, 568~589쪽, 전체 22쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2004.09.30

영문 초록

The Indo-Lanka Free Trade Agreement (ILFTA) which was signed in December 1998 between India and Sri Lanka has shown a promising start to trade liberalisation among SAARC (South Asian Association for Regional Cooperation) countries. This paper provides a quantitative assessment of the likely impact of the ILFTA. We perform simulations using the Global Trade Analysis Project (GTAP) model to quantify the impact of liberlised trade between Sri Lanka and India. GTAP is a computable general equilibrium (CGE) model of the world economy. Using the model simulations, the paper also examines the implications of extending the free trade agreement to other SAARC nations. Results indicate that both Sri Lanka and India will experience some welfare gains from ILFTA. The extension of such trade agreement to all SAARC nations may create significant welfare improvements in Sri Lanka.

목차

Ⅰ. Introduction

Ⅱ. Patterns of Trade and Economic Structure

Ⅲ. Indo-Lanka Free Trade Agreement

Ⅳ. Overview of the GTAP Model

Ⅴ. Design of Alternative Scenarios of Trade Liberalisation with GTAP

Ⅵ. Results of the GTAP Simulations

Ⅶ. Conclusion

키워드

Free Trade Agreement General Equililorium GTAP