Impact Assessment Of A China-Brazil Free Trade Agreement Tariffs On Goods

Publishers: KOU Zhun, XU Man, Fernando J. Ribeiro and ZHOU Mi - November, 2020

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CONTENTS

Introduction

I. Overview of bilateral trade between China and Brazil
1.1 Trade in goods between China and Brazil
1.1.1 China's exports to Brazil
1.1.2 China's imports from Brazil
1.1.3 Trade balance between China and Brazil
1.2 Structure of China-Brazil trade
1.2.1 China's main export products to Brazil
1.2.2 China's main import products from Brazil

II. Modeling analysis
2.1 Model description
2.1.1 Overall advantages of the GTAP model
2.1.2 GTAP model applications in other countries
2.1.3 GTAP model application in China
2.2 Scenarios for a China-Brazil FTA on tariff reductions
2.3 Data
2.4 Modeling process and results

III. Result Analysis
3.1 Impact on macroeconomic and sector variables
3.1.1 Macroeconomic Effects
3.1.2 Sectoral Impact
3.2 Impact on bilateral trade
3.3 Welfare Change Decomposition

IV. Conclusion and Suggestion
4.1 Conclusion
4.2 Suggestion
Annex 1 Aggregation of regions
Annex 2 Aggregation of commodities

REFERENCES