Services Trade Liberalization in the Canada-Korea Free Trade Agreement Revisited
13 Pages Posted: 19 Dec 2014 Last revised: 16 Jan 2015
Date Written: December 17, 2014
This paper assesses the economic impact of the Canada-Korea Free Trade Agreement (CKFTA) on the basis of the published text and agreed schedule of commitments. We introduce new estimates of the impact of the services measures based on the extent to which they change the Services Trade Restrictiveness Index for Canada and Korea. The study contributes to the literature by making more precise the evaluation of services trade liberalization measures.
Keywords: Canada, Korea, free trade agreement, CGE model, Services Trade Restrictiveness Index, STRI
JEL Classification: F14, F15, F17
Suggested Citation: Suggested Citation