A CGE Analysis: The Impact of ACFTA on Indonesian Economy
Suryadi, Professor Nobuhiro Hosoe
2013 | Tesis | S2 Magister Ek.Pembangunan-
This paper analyses the impact of the ASEAN-China Free Trade Agreement (ACFTA) on the Indonesian economy by using a computable general equilibrium (CGE) model. It uses the social accounting matrix based on the General Trade Analysis Project (GTAP) 8 databases referring to the year 2007 as well as 129 regions for all 57 GTAP commodities. This study concludes that the ACFTA would improve Indonesia’s social welfare. At a sectoral level, the study found that the electric equipment industry and the chemical industry would benefit in increasing output production, while the metal industry and the steel industry would decline. The results indicate that the tariff elimination will have different impacts on each sector involved in free trade agreements
Kata Kunci : ACFTA, computable general equilibrium, GTAP