scholarly journals Sectoral effects of the Japan-EU Economic Partnership Agreement for the European Union countries

Author(s):  
Rumiana Górska

AbstractThis paper assesses the economic impact of the Japan-EU Economic Partnership Agreement (JEEPA) on all EU member states as well as Japan. The novelty of this study is that it refers to all EU countries and provides an overview of the expected output effects of JEEPA for all member states in a detailed sectoral breakdown. This impact is investigated using the Computable General Equilibrium (CGE) framework. Calculations revealed that economic returns from JEEPA vary among the EU countries. Some of the more highly developed EU countries will experience beneficial effects from tariff reductions to a greater extent than others, while some of the newer, less-developed EU members will experience losses, caused by the lower competitiveness of these countries. Beneficial effects in the EU countries are expected mainly in the primary sector industries like meat and animal products, leather, grains, and crops; while in Japan, economic gains are expected in the motor vehicle and transport equipment industries. Despite the overall optimism accompanying the signing of the JEEPA, it is worth paying attention to the sectors that are expected to shrink as a result.

2018 ◽  
Vol 23 (1) ◽  
pp. 69-85
Author(s):  
Małgorzata Czermińska ◽  
Joanna Garlińska-Bielawska

The article aims to present the benefits and costs for the SADC member countries of the conclusion of EPA and of the implementation of trade liberalisation thereunder, in the light of their trade relations with the European Union. The hypothesis adopted is that for the majority of the SADC countries entering into the agreement will involve improved access for their products to the EU market. The assessment of the advantages and disadvantages of the conclusion of an EPA will take account of a situation in which the countries of the region would not sign an EPA: how their customs status would change and whether it would affect the conditions of trade with the European Union.


2018 ◽  
Vol 19 (5) ◽  
pp. 1129-1151 ◽  
Author(s):  
Troy Lorde ◽  
Antonio Alleyne

This article estimates the trade and revenue impacts of implementation of the European Union Economic Partnership Agreement (EPA) in Barbados. The simulations show that the trade and revenue impacts of the EPA in Barbados depend critically on whether the rates applied are the statutory or not. When the rates charged differ from statutory rates, overall imports are expected to rise, revenues fall and trade diverted to the European Union (EU), primarily from the USA. Conversely, application of statutory rates would result in lower imports, greater revenues and trade diverted primarily to Barbados’ other trade partners, particularly the USA. Despite the differences between both scenarios, the overall trade and revenue impacts on Barbados are likely to be small. This is likely due to the list of excluded products, which are among the most protected, and which make up a substantial fraction of all goods imported from the EU.


2017 ◽  
Vol 11 (2) ◽  
pp. 123-142
Author(s):  
Steven Raja Ingot ◽  
Ridho Meyrandoyo Hastjarjo

Uni Eropa (EU) merupakan salah satu negara tujuan utama ekspor Indonesia, namun pangsa pasar Indonesia di Uni Eropa masih di bawah beberapa negara ASEAN lainnya. Pada tahun 2015, pangsa pasar Indonesia di Uni Eropa baru mencapai 0,37% masih berada di bawah pangsa pasar Thailand (0,48%), Malaysia (0,49%), dan Vietnam (0,74%) (Trademap 2017). Indonesia membutuhkan akses pasar untuk dapat meningkatkan pangsa pasar di Uni Eropa dan salah satunya adalah dengan melakukan liberalisasi perdagangan barang. Studi ini bertujuan untuk menganalisis dampak liberalisasi perdagangan barang terhadap perekonomian Indonesia dengan dua opsi, yaitu Simulasi 1 (SIM1) yaitu penghapusan tarif 100% untuk 4.945 pos tarif HS 6 digit. Simulasi 2 (SIM2) yaitu penghapusan tarif 100% kecuali untuk Uni Eropa sebanyak 260 pos tarif dan  Indonesia sebanyak 235 pos tarif. Simulasi 2 digunakan untuk mempertimbangkan modalitas yang mirip dengan modalitas Vietnam-EU Partnership and Cooperation Agreement (Vietnam-EU PCA). Metode analisis yang digunakan adalah model Computable General Equilibrium (CGE) yang terdapat pada Global Trade Analytical Project (GTAP). Hasil analisis menunjukkan bahwa simulasi 1 memberikan dampak yang lebih baik dibandingkan dengan simulasi 2, karena tingkat pertumbuhan ekonomi dan kesejahteraan Indonesia pada simulasi 1 lebih besar daripada simulasi 2. Namun demikian, Indonesia tetap dapat menggunakan modalitas sebagaimana dilakukan oleh kerjasama Vietnam-EU PCA sebagai dasar perundingan Indonesia – European Union Comprehensive Economic Partnership Agreement (I-EU CEPA) karena selisihnya dikategorikan tidak terlalu besar. European Union (EU) is one of the main destinations of Indonesian export; however, the Indonesia’s market share has been left behind compared to some other ASEAN countries. In 2015, Indonesia's market share in the EU has reached only 0.37%, which was still left behind from the market share of Thailand (0.48%), Malaysia (0.49%) and Vietnam (0.74%) (Trademap, 2017). Indonesia requires a market access to increase market share in the EU, for instance by liberalizing trade in goods. This study aims  to analyze the impact of liberalization of trade in goods on the Indonesian economy with two options: Simulation 1(SIM 1) by reducing tariff 100% for 4,945 tariff lines based on HS 6 digits, and Simulation 2 (SIM 2) by reducing 100% tariffs except 260 tariffs lines of EU and 235 tariff lines of Indonesia. Simulation 2 was conducted to consider the similiar modalities undertaken by Vietnam-EU Partnership and Cooperation Agreement (Vietnam-EU PCA). The analytical methods used Computable General Equilibrium (CGE) model in the Global Trade Analytical Project (GTAP). The result shows that simulation 1 gives a better impact compared to simulation 2, as the level of economic growth and the welfare of Indonesia. Simulation 1 is larger than Simulation 2. However, Indonesia can use the modalities similar with Vietnam-EU PCA modalities as the basis of the Indonesia-EU Comprehensive Economic Partnership Agreement (I-EU CEPA) negotiations because the difference is not significant. 


2019 ◽  
Vol 19(34) (2) ◽  
pp. 89-102
Author(s):  
Andżelika Kuźnar ◽  
Jerzy Menkes

In 2018, the European Union and Japan concluded an Economic Partnership Agreement (EPA), which is one of the widest and most comprehensive trade agreements signed by the Parties to date. This Agreement covers issues related to access to agricultural markets of both Parties, assuming the liberalization of tariff and non-tariff barriers. Due to the greater importance of the agricultural sector in EU exports to Japan than vice versa, as well as the high level of protection of the Japanese market, the Agreement is of great importance for the EU, including Poland’s agri-food exporters. The aim of the paper is to determine the possible effects of EPA on the development of exports of agri-food products from EU countries, in particular from Poland to Japan. The study was based on EPA text analysis and the latest trade data.


2020 ◽  
Vol 11 (2) ◽  
pp. 319-334
Author(s):  
Gloria Fernández Arribas

Abstract The EU has developed an important practice regarding partnership agreements that has reached a new stage with mixed-mixed partnership agreements, in which the EU and its Member States are party to an agreement with another international organization and its Member States. Many issues may arise from these kinds of agreements, but this article focuses on the dispute settlement mechanism included in the Economic Partnership Agreement among the EU, Economic Community of West African States (ECOWAS), West African Economic and Monetary Union (WAEMU) and their Member States. The agreement establishes different options for dispute settlement and determining and implementing these dispute settlement mechanisms may give rise to conflicts of law, the overlapping of courts’ competences, and conflicts of competences between the organizations and their Member States or among the Member States. The EU already has a practice in place for resolving these problems, but such a mechanism is lacking in the practices of the ECOWAS and WAEMU.


2017 ◽  
Vol 13 (2) ◽  
Author(s):  
Maria Berrittella ◽  
Filippo Alessandro Cimino

AbstractThe literature on the European Union Emission Trading System (EU ETS) is by now very rich. Much is known about the efficiency, the effectiveness, and the environmental and distributional impacts of the EU ETS. Less, however, is known about the carousel value-added-tax (VAT) fraud phenomena in the European carbon market. This article evaluates the welfare effects of carousel VAT fraud in the EU ETS using a computable general equilibrium (CGE) analysis. According to our findings, if VAT fraud occurs in the EU ETS, the effects on welfare for the EU Member States are negative, with welfare loss significantly higher than the VAT fraud value. This article also discusses the reverse charge mechanism that EU Member States could adopt to reduce the VAT fraud phenomena in the European carbon market.


2021 ◽  
pp. 1-33
Author(s):  
Giselle Bosse ◽  
Moritz Höpner ◽  
Alena Vieira

Abstract In bilateral relations and negotiations with the European Union (EU), smaller and economically weaker states are often unable to express their national preferences. Despite their limited bargaining power, however, some Eastern Partnership (EaP) countries obtained significant concessions from the EU. This article analyzes the factors that explain EaP states’ unexpected negotiation success in the context of the Deep and Comprehensive Free Trade Agreement (DCFTA) with Ukraine, the Comprehensive and Enhanced Partnership Agreement (CEPA) with Armenia, and enhanced economic partnership with Belarus. We identify negotiation strategies that are crucial to understanding of the puzzle.


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