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Consequences of free trade agreements (FTAs) among the ASEAN+3 countries and ASEAN+6 countries are explored using a dynamic computable general equilibrium (CGE) model. Quantitative assessments of intra and extra-regional effects on welfare, trade and output are offered. When both trade facilitation and endogenously determined productivity are included in the FTA scenarios, Singapore, other ASEAN countries and China would be able to realize relatively large welfare gains, while the welfare effects on the EU and North America are negligible. The trade and output effects on the latter two regions are also relatively small, with the notable exception of crops, other than rice, in North America.

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Asian Development Bank InstituteThe Working Paper series is a continuation of the formerly named Discussion Paper series; the numbering of the papers continued without interruption or change. ADBI's working papers reflect initial ideas on a topic and are posted online for discussion. ADBI encourages readers to post their comments on the main page for each working paper (given in the citation below). Some working papers may develop into other forms of publication. This paper is based on research that was undertaken while the author was a visiting scholar at the Asian Development Bank Institute, Tokyo. Constructive suggestions by Giovanni Capannelli, Masahiro Kawai, Mario Lamberte, Peter Morgan, and other temporary ADBI colleagues are much appreciated. Nonetheless, the views expressed here are the sole responsibility of the author and usual disclaimers apply. The research assistance of Barnaby Evans, Marion Dieudonné, Clement Gorin, and Goulven Le Polles is gratefully acknowledged.The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, the ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.Asian Development Bank Institute Kasumigaseki Building 8F 3-2-5 Kasumigaseki, Chiyoda-ku Tokyo 100-6008, Japan AbstractThis paper assesses the nexus between changes in governance structures-at national and cooperative international levels-and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance of improved governance as an essential condition for effectively attaining an "Asian Economic Community" while arguing that the experience of the European Union (EU) offers valuable insights regarding the process of integration. JEL Classification: F15, P48 ADBI Working Paper 425Owen

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Les déterminants micro- et macro-économiques de la mobilité interrégionale sont analysés, en France entre 2004 et 2009, pour une cohorte d’individus récemment diplômés. L’analyse micro-économique mobilise des modèles Probit pour expliquer la probabilité de mobilité, temporaire ou permanente, des individus. En outre, l’incidence de la mobilité interrégionale sur les salaires est évaluée avec une attention particulière portée au rôle potentiel du processus d’auto-sélection des individus. Selon notre approche, l’éducation influence directement la probabilité d’être employé et, indirectement, la mobilité. Dans ce cadre, les précédents travaux ont eu tendance à sous-estimer le rendement de la mobilité et surestimer celui de l’investissement en capital humain. Finalement, l’estimation des flux monétaires résultant de la migration des travailleurs révèle des déséquilibres importants entre régions.

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