Economic impact of a potential FTA between EU and ASEAN on the German economy

Abstract

"The objective of this paper is to investigate the possible effects of a free trade agreement (FTA) between the EU and ASEAN on the German economy. We analyze the potential welfare and income gains, changes in output and trade, which are likely to happen under different FTA scenarios. The overall conclusion is that the aggregate effect on the German economy is going to be positive, albeit relatively small. The larger absolute gains will be attained in the major German export sectors, such as cars and trucks; chemical, rubber and plastic products; machinery and equipment. These effects will by far exceed the decreases expected in the agriculture and light industry, whose role in the German economy is almost negligible." (Author's abstract, IAB-Doku) ((en))

Cite article

Kholodilin, K. & Fendel, T. (2008): Economic impact of a potential FTA between EU and ASEAN on the German economy. (Proceedings / EcoMod2008 23800060), Berlin, 27 p.