Colombia and East Asia Trade relations and future prospects: an analysis using a CGE model

Borradores de Economia
Number: 
238
Published: 
Classification JEL: 
C68, F13
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

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This paper provides an empirical analysis of Colombian integration with East Asia using a Computable General Equilibrium (CGE) model, in which we assess the effects of several trade liberalization scenarios on trade flows and welfare.The results show that