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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 …
Persistent link: https://www.econbiz.de/10011903006
Persistent link: https://www.econbiz.de/10012260263
On 9 december 2016, the upper house of Japan's parliament approved the Trans-Pacific Partnership (TPP). Prime Minister … would send a signal about Japan's continuing support to back global trade deals. With the Transatlantic Trade and Investment … chances are high that negotiations between the EU and Japan could now be quickly concluded after almost four years and 18 …
Persistent link: https://www.econbiz.de/10011723188
The authors analyze whether the US-Japan Trade Agreement is consistent with GATT Article XXIV that carves out an … Japan have agreed to liberalize just 3.4% and 10% of tariff lines with positive MFN duties, respectively. Key sectors for US … exports to Japan such as machinery and instruments are not liberalized under the agreement. Though the market access offered …
Persistent link: https://www.econbiz.de/10012136931
The global economic crisis in 2008 triggered a debate about increasing protectionism. Global leaders are increasingly under pressure to protect their domestic industries. The scope to increase tariffs is rather limited under the WTO regulations. In this study we analyze whether the latter...
Persistent link: https://www.econbiz.de/10011763004
When President Trump came into office the US administration launched a detailed analysis of American trade relations. It aimed to identify "unfair trade practices" that are supposedly increasingly being used by other countries, and that are economically damaging to America. This study simulates...
Persistent link: https://www.econbiz.de/10011763067
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 …
Persistent link: https://www.econbiz.de/10011763267
Persistent link: https://www.econbiz.de/10003870165
Persistent link: https://www.econbiz.de/10013439668
Cultural proximity increases bilateral trade flows through a trade-cost and a bilateral-affinity (preferences) channel. Conventional measures of cultural proximity, such as common language, common religion, etc., do not allow to separately quantify those channels empirically. We argue that...
Persistent link: https://www.econbiz.de/10003636664