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Methods for Ex Post Economic Evaluation of Free Trade Agreements

dc.contributor.authorDavid Cheong
dc.description.abstractEvaluating the economic impact of an FTA is an important part of the monitoring and surveying process that should follow the establishment of an FTA. This paper presents methods for evaluating the trade and welfare effects of an FTA. These methods show how to (i) compute indicators for the utilization and value of preferences, (ii) qualitatively assess trade creation and diversion, (iii) quantitatively analyze the FTA‘s trade effects with trade indicators and the gravity model, and (iv) make inferences about economic welfare. This paper specifies the formulas, computational techniques, and data used for each evaluation method, and describes how to interpret the output from each method with examples taken from countries such as Viet Nam, Indonesia, and Cambodia. The strengths and limitations of each method are also discussed.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleMethods for Ex Post Economic Evaluation of Free Trade Agreements
dc.typeWorking Papers
dc.subject.expertAsian Development Bank
dc.subject.expertRegional Economic Integration
dc.subject.expertFinancial Sector Policies
dc.subject.expertFinancial Risk Management
dc.subject.expertBond Financing
dc.subject.adbEconomic integration
dc.subject.adbDevelopment Bank
dc.subject.adbCapital Market
dc.subject.adbRegional Plans
dc.subject.adbRegional Development Bank
dc.subject.adbDevelopment finance
dc.subject.naturalDevelopment Banks
dc.subject.naturalLocal government bonds
dc.subject.naturalCatastrophe bonds
dc.subject.naturalBond funds
dc.subject.naturalBond market
dc.subject.naturalMultilateral development banks
dc.title.seriesADB Working Paper Series on Regional Economic Integration
dc.title.volumeNo. 59
dc.contributor.imprintAsian Development Bank
oar.themeLabor Migration
oar.adminregionSoutheast Asia Region
oar.countryViet Nam
oar.authorCheong, David

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  • Regional Economic Integration Working Paper Series
    The Asian Development Bank Working Paper Series on Regional Economic Integration focuses on topics relating to regional cooperation and integration in the areas of infrastructure and software, trade and investment, money and finance, and regional public goods. The series is a quick-disseminating, informal publication that seeks to provide information, generate discussion, and elicit comments.

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