Author(s)

Jing Ma, Peng Xiong, Zhenyang Zhang

Corresponding Author

Peng Xiong

ABSTRACT

Due to the geographical proximity of China, Japan and South Korea, agricultural trade has been a sensitive area for a long time, disagreements in the agricultural sector have held up further implementation of the free trade agreement. This article uses the GTAP model to simulate the economic effects after the FTA agreement is reached, the result shows that the hindrance of agriculture to the implementation of FTA is less than the promotion of the overall economic effect of the three countries. Based on the framework of China-Japan-ROK FTA and comparative advantages in the agricultural field, this paper puts forward the agricultural trade cooperation path in the direction of complementary fields and benefit sharing.

KEYWORDS

China, Japan and South Korea, FTA agreement, Agricultural trade, GTAP model, Regional economic integration