GTAP Resources: Resource Display
GTAP Resource #568 |
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"Openness and growth in East Asia after the Asian crisis" by Lloyd, Peter, J. and Donald MacLaren Abstract Openness with respect to trade in goods, services and foreign direct investment has a positive marginal effect on growth. The fast-growing East Asian economies were early openers but several East Asian countries are not relatively open today. The GTAP model is used to calculate the uniform tariff equivalent (UTE) of the Trade Restrictiveness Index of the differentiated tariff structure and NTBs found in selected countries in Developing East Asia and Developed East Asia. The UTE ranges from 0 per cent in Hong Kong to 86 per cent in Thailand. |
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- Economic growth |
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Last Modified: 9/15/2023 1:05:45 PM