Please use this identifier to cite or link to this item:
https://hdl.handle.net/1959.11/18607
Title: | Australia's new Free Trade Agreements with Japan and South Korea: Potential Economic and Environmental Impacts | Contributor(s): | Siriwardana, Mahinda (author) | Publication Date: | 2015 | Open Access: | Yes | DOI: | 10.11130/jei.2015.30.4.616 | Handle Link: | https://hdl.handle.net/1959.11/18607 | Abstract: | This paper examines both the economic and environmental impacts of the two Free Trade Agreements that Australia has recently negotiated with Japan and South Korea using the Global Trade Analysis Project-Environmental general equilibrium model. We analyse two trade policy scenarios: first a Free trade scenario where bilateral tariffs are eliminated between Australia and Japan, and Australia and South Korea; second a Green trade scenario where the Free trade scenario is complemented by an environmental policy using an Emissions Trading Scheme. The results indicate that the two trade agreements enhance Australia's trade at a modest expense to the environment. This paper illustrates that an Emissions Trading Scheme between Australia, Japan, and South Korea is an expensive policy to mitigate emissions arising from Free Trade Agreements. | Publication Type: | Journal Article | Source of Publication: | Journal of Economic Integration, 30(4), p. 616-643 | Publisher: | Sejong University, Center for International Economics | Place of Publication: | Republic of Korea | ISSN: | 1976-5525 1225-651X |
Fields of Research (FoR) 2008: | 140205 Environment and Resource Economics 140210 International Economics and International Finance |
Fields of Research (FoR) 2020: | 380105 Environment and resource economics 350207 International finance 380110 International economics |
Socio-Economic Objective (SEO) 2008: | 910301 International Agreements on Trade 960707 Trade and Environment 960799 Environmental Policy, Legislation and Standards not elsewhere classified |
Socio-Economic Objective (SEO) 2020: | 150101 International agreements on trade 190210 Trade and environment |
Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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Appears in Collections: | Journal Article UNE Business School |
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