1. The Regional Comprehensive Economic Partnership and its Effect on China's Trade.
- Author
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Wu Junyi and Aslam, Mohamed
- Subjects
- *
TRADE blocs , *INTERNATIONAL trade , *GRAVITY model (Social sciences) , *ECONOMIC recovery ,REGIONAL Comprehensive Economic Partnership - Abstract
The general objective of this paper is to study the impact of the Regional Comprehensive Economic Partnership (RCEP) on international trade. Due to the decline in the world trade and the rise of trade protectionism since 2010 has prompted the Southeast and East Asian countries to develop a larger trade bloc, i.e known as Regional Comprehensive Economic Partnership (RCEP) counter the decline in trade and income growth. In the process of RCEP establishment, ASEAN and China had play a vital to bring all the members in the region together and formed a single bloc to push an economic recovery and to further economic cooperation and development. This paper plan to examine the effect of the RCEP on trade flows on the members and the Gravity Model Method (GM) to be used to examine the subject. Also, the Revealed Comparative Advantage (RCA) index will be calculated mainly to look the performance of trade growth across members. Based on the GM its seems that China significantly gain from the RCEP, i.e earn a positive effect from trade. [ABSTRACT FROM AUTHOR]
- Published
- 2021