, governance factor, proximity and socio-institutional congruence conjointly determine an economy's capacity to capture the …

status. In this paper, we question whether being a hub is welfare optimal for a small and open economy like Singapore … general equilibrium model to examine the welfare implications of the triangular trade relationship of the USA, Singapore and … positive welfare gain and is the highest Singapore can get from the trade configurations considered. Meanwhile, Japan loses …

status. In this paper, we question whether being a hub is welfare optimal for a small and open economy like Singapore … general equilibrium model to examine the welfare implications of the triangular trade relationship of the USA, Singapore and … positive welfare gain and is the highest Singapore can get from the trade configurations considered. Meanwhile, Japan loses …

Incorporating intermediate inputs into a small-union general-equilibrium model, this paper first develops the welfare … viability of Free Trade Agreements (FTAs). Two interesting outcomes are derived. First, a welfare reducing FTA that was rejected … in the absence of the ROO becomes feasible in the presence of these rules. Second, a welfare improving FTA that was …