This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model … reductions in the costs of NTBs. This approach yields long-run welfare effects for Japan of about 18 bn. USD per year (0.31% of …

The negotiations between Japan and the EU over a free trade agreement are taking place during times in which global … between two leading economic powers such as Japan and the EU would be a strong political message: economic integration between … case for an EU-Japan free trade agreement, and provides estimates of its potential economic impact. It employs advanced …