This paper estimates the impacts on The Philippines of deep integration in a modern mega-preferential trade agreement, the Regional Comprehensive Economic Partnership. The paper assesses how the results differ with three versions of market structure: (i) perfect competition, Armington style; (ii) monopolistic competition Krugman style; and heterogeneous firms, Melitz style. The paper develops a new numerical model of foreign direct investment with...
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INFORMACIÓN
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2018/09/17
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS8587
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1
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1
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2018/09/17
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Disclosed
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Comparison of Deep Regional Integration in the Melitz, Krugman and Armington Models : The Case of The Philippines in RCEP
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trade and investment