Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation.
Against the backdrop of a complex and volatile global trade environment, the entry into force of the Regional Comprehensive Economic Partnership (RCEP) has brought new opportunities for regional economic development. From a China-centric perspective, this paper constructs a two-dimensional analytica...
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Public Library of Science (PLoS)
2025-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0328060 |
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| author | Hangqi Cai Zefang Liao Tianhao Li |
| author_facet | Hangqi Cai Zefang Liao Tianhao Li |
| author_sort | Hangqi Cai |
| collection | DOAJ |
| description | Against the backdrop of a complex and volatile global trade environment, the entry into force of the Regional Comprehensive Economic Partnership (RCEP) has brought new opportunities for regional economic development. From a China-centric perspective, this paper constructs a two-dimensional analytical framework of tariff reduction and non-tariff barriers (NTB) reduction based on theories of regional economic integration and general equilibrium, and uses the GTAP-Dyn model to systematically examine the impact mechanisms and policy effects of RCEP implementation on agricultural trade among member states. The study finds: ①Ten years after RCEP's implementation, it significantly promotes economic growth in all countries. Taking China as an example, NTB reduction contributes 68.4% to this growth, revealing the dominant role of non-tariff barriers (institutional coordination) in deep regional integration. ②The agricultural sector exhibits a "dual differentiation" feature: sensitive sectors face adjustment pressures (dairy output -21.55%) while domestic substitution effects emerge (aquatic product imports -88.09%). ③Policy effects show national heterogeneity: ASEAN countries experience low growth but high gains (GDP + 0.75%, terms of trade +8.88%), reflecting a complex game landscape. ④The interaction between tariff and non-tariff measures is asymmetric, with long-term dividends relying more on institutional openness. Based on these findings, China should build a composite open system, implement differentiated agricultural policies, and deepen cooperation pathways. |
| format | Article |
| id | doaj-art-3d8e1aee0bcc411d8878fee2e6f8055f |
| institution | DOAJ |
| issn | 1932-6203 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj-art-3d8e1aee0bcc411d8878fee2e6f8055f2025-08-20T02:40:24ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01207e032806010.1371/journal.pone.0328060Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation.Hangqi CaiZefang LiaoTianhao LiAgainst the backdrop of a complex and volatile global trade environment, the entry into force of the Regional Comprehensive Economic Partnership (RCEP) has brought new opportunities for regional economic development. From a China-centric perspective, this paper constructs a two-dimensional analytical framework of tariff reduction and non-tariff barriers (NTB) reduction based on theories of regional economic integration and general equilibrium, and uses the GTAP-Dyn model to systematically examine the impact mechanisms and policy effects of RCEP implementation on agricultural trade among member states. The study finds: ①Ten years after RCEP's implementation, it significantly promotes economic growth in all countries. Taking China as an example, NTB reduction contributes 68.4% to this growth, revealing the dominant role of non-tariff barriers (institutional coordination) in deep regional integration. ②The agricultural sector exhibits a "dual differentiation" feature: sensitive sectors face adjustment pressures (dairy output -21.55%) while domestic substitution effects emerge (aquatic product imports -88.09%). ③Policy effects show national heterogeneity: ASEAN countries experience low growth but high gains (GDP + 0.75%, terms of trade +8.88%), reflecting a complex game landscape. ④The interaction between tariff and non-tariff measures is asymmetric, with long-term dividends relying more on institutional openness. Based on these findings, China should build a composite open system, implement differentiated agricultural policies, and deepen cooperation pathways.https://doi.org/10.1371/journal.pone.0328060 |
| spellingShingle | Hangqi Cai Zefang Liao Tianhao Li Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation. PLoS ONE |
| title | Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation. |
| title_full | Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation. |
| title_fullStr | Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation. |
| title_full_unstemmed | Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation. |
| title_short | Impacts of RCEP's trade barrier reductions on China's agricultural trade: A GTAP simulation. |
| title_sort | impacts of rcep s trade barrier reductions on china s agricultural trade a gtap simulation |
| url | https://doi.org/10.1371/journal.pone.0328060 |
| work_keys_str_mv | AT hangqicai impactsofrcepstradebarrierreductionsonchinasagriculturaltradeagtapsimulation AT zefangliao impactsofrcepstradebarrierreductionsonchinasagriculturaltradeagtapsimulation AT tianhaoli impactsofrcepstradebarrierreductionsonchinasagriculturaltradeagtapsimulation |