@article{Wang:331029,
      recid = {331029},
      author = {Wang, Zhi},
      title = {WTO Accession, "Greater China" Free Trade Area and  Economic Relations across the Taiwan Strait},
      address = {2002},
      pages = {28},
      year = {2002},
      note = {Presented at the 5th Annual Conference on Global Economic  Analysis, Taipei, Taiwan},
      abstract = {This paper evaluates the impact of China's WTO accession  on trade and economic relation across the Taiwan Strait and  its implications for rest of the world by a recursive  dynamic, 17-region, 25- sector computable general  equilibrium (CGE) model according to actual market access  commitments that China and Taiwan have made in their final  official WTO offers. The simulation results shown that  China will gains the most from its WTO entry. It will  emerge as one of the world largest manufacturing center  during its integration into the world economy. Taiwan will  become an upstream supplier for China's massive  manufacturing productions. Taiwan will gain more  economically by further integrate its economy with China  via greater China FTA or other means after its WTO entry.  The economic dependence of Taiwan on China will further  increase and enable China to replace the US as the number  one of its export market. A greater China FTA will further  reduce the cost of vertical integration among manufacturing  industries across the Taiwan Strait and enhance the  efficiency of production factor allocation within the three  Chinese economies, thus enable them become a stronger  competitor of manufactured goods, especially for  labor-intensive products, electronics and low-end  capitalintensive products in the world market. Rest of the  world, especially developed countries and Asian newly  industrialized economies, as well as resource abundant  developing countries would also benefit from further  liberalization of Chinese economies. Only developing  countries with an endowment and export structure similar to  China's, such as South Asia and ASEAN countries may  experience keener competition in labor-intensive exports  and lower prices for their products.},
      url = {http://ageconsearch.umn.edu/record/331029},
}