Price Transmission Effect of Establishing FTA with African Countries from the Perspective of Trade Facilitation

Table 1

Contribution of the authors.

No.	References	Key findings	Research gaps
1	[9]	GTAP model is used to measure the welfare and trade effects of FTA. Gross domestic product will rise if import tariffs are removed.	There were no trade facilitation and price transmission effects.
2	[10]	FTA helps the mutual economy. Lower tariffs led to an increase in GDP and production across industries.	The impact of trade facilitation is not considered.
3	[11]	Just focus on tariffs.	There were no trade facilitation and price transmission effects.
4	[10]	Members are predicted to get additional gains in terms of real GDP, welfare, exports, and imports from the FTA. And the more the tariff is reduced, the greater the impact on the macroeconomy is.	There were no trade facilitation and price transmission effects.
5	[12]	Increased tariffs lead to reduced benefits.	There was no further analysis of the price mechanism.
6	[13]	This examines the welfare impact of the FTA’s tax cuts.	There were no trade facilitation and price transmission effects.
7	[7]	This examines the welfare impact of the FTA’s tax cuts.	There were no trade facilitation and price transmission effects.
8	[14]	There is commitment behaviour in the world trade organization’s trade facilitation agreement.	This did not test the impact of trade facilitation on intermediate channels such as trade income and product prices.
9	[15]	A high-quality FTA covering reduced nontariff barriers can significantly increase GDP.	There was no further analysis of the price mechanism.
10	[16]	Better trade facilitation results in improved social welfare outcomes.	This did not test the impact of trade facilitation on intermediate channels such as trade income and product prices.
11	[17]	The positive impact of trade facilitation on China’s agricultural exports is weakened by technical agricultural trade measures.	There was no further analysis of the price mechanism.
12	[5]	FTA helps the mutual economy.	There were no trade facilitation and price transmission effects.
13	[18]	Free trade agreements can harm producers and consumers through price increases and tariff exemptions, respectively.	No trade facilitation has been established.
14	[19]	Trade facilitation produces an obvious positive effect on China’s cross-border e-commerce export.	No trade facilitation indicator system has been established.
15	[20]	Compared with regional integration, bilateral diplomatic exchanges have a more significant impact on the bilateral exports of African countries.	There were no trade facilitation and price transmission effects.
16	[21]	Trade facilitation has a positive impact on increasing bilateral trade.	There was no further analysis of the price mechanism.
17	[22]	Trade facilitation reduces regional poverty and increases trade levels.	No trade facilitation indicator system has been established.
18	[23]	Transportation infrastructure interconnection brings economic and trade growth.	There was no further analysis of the price mechanism.
19	[8]	Sino-US trade friction affects China’s domestic agricultural product prices through price transmission.	This did not consider the impact of trade facilitation and did not analyze the impact of the macroeconomy.
Present study		This paper measures the level of trade facilitation, starting with the shock of tariffs and trade facilitation and using the GTAP model to analyze the macroscopic impact, industrial impact, and price transmission mechanism established by the FTA.