Construction of Financial CGE Model for China-ASEAN Free Trade Area

摘要

The establishment of China-ASEAN Free Trade Area facilitates not only free trade but also financial investment. It improves the development of financial integration within the area. The financial investment is introduced into the Computable General Equilibrium Model in this article to build a multinations financial CGE model, thus a basic theoretical framework is offered to further study the financial policies' effect within China-ASEAN Free Trade Area.