A Precarious but Inseperable Triangle:
CGE Analysis on the U.S. and China
if Taiwan joins RCEP

Jeffrey Kuo

The George Washington University

E-mail:
Webpage: https://jeffjkuo.github.io
Slides: https://rpubs.com/jeffkuo/NATSA2022

2022 North America Taiwan Studies Association (NATSA) Annual Meeting

Saturday, July 09, 2022

Outline

  1. Introduction
  2. Model and Data
  3. Policy Shock Demonstration
  4. Graphical Results
  5. Future Work

Introduction

GTAP

RunGTAP

RunGTAP Interface

GTAP System

RunGTAP

RunGTAP is a simulator of the (trade) world.

Rehoboam (Westworld III, HBO)

GTAP Setting - Region Aggregation

GTAP Region Aggregation

GTAP Model Setting - Shock Experiment

Policy Shock - Set Target Import Tariff = 0

GTAP Model Simulation Results

GDP Change

Welfare Change (Millions)

Exporting Volume Change

Result of Joining RCEP

Result of Joining RCEP and Quitting ECFA

Conclusion & Future Work & Thank You