Article ID Journal Published Year Pages File Type
5083209 International Review of Economics & Finance 2017 26 Pages PDF
Abstract
The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), is expected to increase trade flows between the two largest economies in the region potentially benefiting 280 million consumers. With highest level of trade, changes in output and payment to factors of production can be anticipated. We use the Specific Factors model of production to estimate the magnitude of these changes and results show substantial adjustments. The attempt to better integrate both economies through the IA-CEPA, could have important implications for employment, especially for Australia.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
,