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.2015.30.4.616Open Access Link
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
Appears in Collections:Journal Article
UNE Business School

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