Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models

The Japanese government has been actively involved in so-called mega Free Trade Agreements (FTAs). The purpose of this paper is to measure the potential impact of the Japan–China–USA Free Trade Agreement (JCUFTA) on Japan; in particular, on the Japanese agricultural sector using static and dynamic G...

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Autores principales: Hirokazu Akahori, Shun Hasegawa, Daisuke Sawauchi, Yasutaka Yamamoto
Formato: article
Lenguaje:EN
Publicado: Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi) 2021
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Acceso en línea:https://doaj.org/article/ebc69902cc5d4b369f04766c386cebfd
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spelling oai:doaj.org-article:ebc69902cc5d4b369f04766c386cebfd2021-12-03T06:58:50ZEconomic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models2149-9748https://doaj.org/article/ebc69902cc5d4b369f04766c386cebfd2021-12-01T00:00:00Zhttp://www.jital.org/index.php/jital/article/view/252https://doaj.org/toc/2149-9748The Japanese government has been actively involved in so-called mega Free Trade Agreements (FTAs). The purpose of this paper is to measure the potential impact of the Japan–China–USA Free Trade Agreement (JCUFTA) on Japan; in particular, on the Japanese agricultural sector using static and dynamic GTAP models. When tariffs are eliminated between Japan, the USA and China, the GDPs of the three countries will all increase, but the impact on the GDPs of the three countries is less than 1% in both static and dynamic models. The results also show that the total value of agricultural production in Japan is expected to decline by more than 10%.Hirokazu AkahoriShun HasegawaDaisuke SawauchiYasutaka YamamotoCollaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)articlefree trade agreementjapan; global trade analysis project; cgeSocial SciencesHENJournal of International Trade, Logistics and Law, Vol 7, Iss 2, Pp 59-66 (2021)
institution DOAJ
collection DOAJ
language EN
topic free trade agreement
japan; global trade analysis project; cge
Social Sciences
H
spellingShingle free trade agreement
japan; global trade analysis project; cge
Social Sciences
H
Hirokazu Akahori
Shun Hasegawa
Daisuke Sawauchi
Yasutaka Yamamoto
Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models
description The Japanese government has been actively involved in so-called mega Free Trade Agreements (FTAs). The purpose of this paper is to measure the potential impact of the Japan–China–USA Free Trade Agreement (JCUFTA) on Japan; in particular, on the Japanese agricultural sector using static and dynamic GTAP models. When tariffs are eliminated between Japan, the USA and China, the GDPs of the three countries will all increase, but the impact on the GDPs of the three countries is less than 1% in both static and dynamic models. The results also show that the total value of agricultural production in Japan is expected to decline by more than 10%.
format article
author Hirokazu Akahori
Shun Hasegawa
Daisuke Sawauchi
Yasutaka Yamamoto
author_facet Hirokazu Akahori
Shun Hasegawa
Daisuke Sawauchi
Yasutaka Yamamoto
author_sort Hirokazu Akahori
title Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models
title_short Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models
title_full Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models
title_fullStr Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models
title_full_unstemmed Economic Impact of the Japan–China–USA Free Trade Agreement on Japan using both Static and Dynamic GTAP Models
title_sort economic impact of the japan–china–usa free trade agreement on japan using both static and dynamic gtap models
publisher Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)
publishDate 2021
url https://doaj.org/article/ebc69902cc5d4b369f04766c386cebfd
work_keys_str_mv AT hirokazuakahori economicimpactofthejapanchinausafreetradeagreementonjapanusingbothstaticanddynamicgtapmodels
AT shunhasegawa economicimpactofthejapanchinausafreetradeagreementonjapanusingbothstaticanddynamicgtapmodels
AT daisukesawauchi economicimpactofthejapanchinausafreetradeagreementonjapanusingbothstaticanddynamicgtapmodels
AT yasutakayamamoto economicimpactofthejapanchinausafreetradeagreementonjapanusingbothstaticanddynamicgtapmodels
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