Japan-AfCFTA Integration Through Economic Impacts of Alternative EPA Scenarios

Economic Partnership ◽

Partnership Agreement ◽

Abstract This paper analyzes the impact on an economic partnership agreement (EPA) between African countries and Japan through trade liberalization and reduction in non-tariff barriers. This study aims to investigate sectoral interconnections and participation in the EPA that would facilitate further possible opportunities for Japan-African businesses. The methodology employed is the Computable General Equilibrium model integrated with the Global Trade Analysis Project version 10A Multi-Region Input-Output database. We first modified the GTAP’s structure form to develop a long-run closure under steady-state and thereafter examined the African Continental Free Trade Area-Japan Economic Partnership Agreement (AfJEPA) with several EPAs scenarios relying on the quantitative comparison of economic impacts of different technical measurements. As a result, the AfJEPA can provide new possible opportunities for Africa-Japan businesses, such as contributing to the existing African and Japanese mega-regional trade agreements. Specifically, the electronics, petroleum and coal, and chemical, rubber, and plastic industries in Africa would see the highest percent growth. Likewise, the Japanese industries would improve their productivity in the motor vehicles and transport equipment, chemical, rubber, and plastic, and textiles and apparel industries. To sum up, trade facilitation and knowledge transfer, which policymakers can improve concrete action and investment, would considerably stimulate African and Japanese real GDP. Thus, the potential for growth would rely on how deep the integration policy would be.

Assessing the Impact of ACP/EU Economic Partnership Agreement on West African Countries

SSRN Electronic Journal ◽

10.2139/ssrn.601083 ◽

2004 ◽

Cited By ~ 2

Author(s):

Matthias Busse ◽

Harald Großmann

Keyword(s):

West African ◽

African Countries ◽

Economic Partnership ◽

Partnership Agreement ◽

The Impact of the Economic Partnership Agreement on East African Community Trade with European Union: A Gravity Model Approach

10.7176/jesd/10-10-22 ◽

2019 ◽

Keyword(s):

European Union ◽

Gravity Model ◽

East African ◽

East African Community ◽

African Community ◽

Economic Partnership ◽

Partnership Agreement ◽

The Impact ◽

Model Approach

Trade Agreement as a Model of Development: The Case of the Japan-Philippine Economic Partnership Agreement (JPEPA)

10.21203/rs.3.rs-21561/v1 ◽

2020 ◽

Author(s):

Al Faithrich Navarrete ◽

Virgilio Tatlonghari

Keyword(s):

Economic Growth ◽

Modified Gravity ◽

Weighted Average ◽

Trade Agreement ◽

The Philippines ◽

Quarterly Data ◽

Economic Partnership ◽

Partnership Agreement ◽

Abstract The Japan-Philippines Economic Partnership Agreement (JPEPA) includes comprehensive provisions that aims to foster economic growth. The provision on Tariff Elimination is expected to increase trade between the two countries. A modified Gravity Model was used in order to estimate the impact of Tariff Elimination to Exports of the Philippines to Japan using the weighted average of tariffs imposed by Japan to Philippine Exports. While a Two-Stage Least Squares (TSLS) was utilized to estimate its impact to Economic Development. Using quarterly data from 2001 to 2013, results shows that although the agreement is able to statistically increase exports of the Philippines to Japan, it may not be enough to induce significant Economic Growth to the Philippines.

Effects of Tariff Concessions on Japanese Beef Imports by Product and Source

Agricultural and Resource Economics Review ◽

10.1017/age.2017.20 ◽

2017 ◽

Vol 47 (1) ◽

pp. 158-177 ◽

Cited By ~ 2

Author(s):

Andrew Muhammad ◽

Amanda M. Countryman ◽

Kari E. R. Heerman

Keyword(s):

Trade Agreements ◽

Negative Effects ◽

Economic Partnership ◽

Partnership Agreement ◽

The Impact ◽

Tariff Reductions ◽

The U.S

Withdrawal from the Trans-Pacific Partnership (TPP) could be costly for U.S. beef exports to Japan given existing trade agreements such as the Japan-Australia Economic Partnership Agreement (JAEPA). We estimate the demand for imported beef in Japan by source and product and assess the impact of tariff reductions on exporting countries. Our results suggest JAEPA will result in considerable increases in Australian beef exports to Japan, largely at the expense of the U.S. beef. However, similar tariff reductions for U.S. beef could eliminate these negative effects and even result in a net increase in beef imports from both countries.

PROBLEMS OF TRADE AND ECONOMIC RELATIONS OF WEST AFRICAN COUNTRIES WITH THE EUROPEAN UNION, PROSPECTS FOR THEIR DEVELOPMENT

Vestnik Universiteta ◽

10.26425/1816-4277-2020-3-102-110 ◽

2020 ◽

pp. 102-110

Author(s):

N. B. Sekongo

Keyword(s):

European Union ◽

West Africa ◽

West African ◽

The European Union ◽

Economic Community ◽

African Countries ◽

Economic Relations ◽

Economic Partnership ◽

Partnership Agreement

The problems of trade and economic relations between West African countries and the European Union have been considered in the article in detail, a brief description of the Economic Community of West African States has been given. The essence of relationships between West Africa and the European Union based on the papers, both foreign and domestic researchers in the field of security, regional economic development and integration etc. has been disclosed. The historical path within the framework of international legal documentation that preceded the signing of the Economic Partnership Agreement has been described. The conducted study was based on the analysis of the cost dynamics of exports, imports and trade balance, their structure has been briefly adduced. The main negative aspects faced by West African countries in connection with the implementation of the Economic Partnership Agreement, in particular tariff restrictions, the ban on the use of export taxes, which undermines the national sovereignty of the Economic Community of West African States, have been revealed. Nevertheless, the signed Agreement will allow West Africa to actively integrate into world trade, improve the economic and demographic situation, while the overall trade tariff will remain at the same level.

DIPLOMASI EKONOMI JEPANG DALAM UPAYA PERPINDAHAN LIMBAH B3 MELALUI INDONESIA-JAPAN ECONOMIC PARTNERSHIP AGREEMENT (IJEPA)

Jurnal PIR : Power in International Relations ◽

10.22303/pir.3.2.2019.156-172 ◽

2020 ◽

Vol 3 (2) ◽

pp. 156

Author(s):

Nurshinta Anggia Anggraeni

Keyword(s):

Waste Management ◽

Capacity Building ◽

Hazardous Waste ◽

Industrial Sector ◽

Toxic Waste ◽

Hazardous Waste Management ◽

Economic Partnership ◽

Partnership Agreement ◽

<p><em>The development of Japan's industrial sector triggered the generation of toxic and hazardous waste as its consequences which endangered the environment and human’s health. The high cost of waste management and limited land disposal encourages transboundary movement to developing countries. Although it has been monitored by the Basel Convention which ban toxic waste movement, Japan still find the loophole by using Indonesia-Japan Economic Partnership Agreement (IJEPA) as an instrument to transfer domestic waste abroad. This study will use the theory of economic diplomacy and issue linkage concept to observe Japan's diplomacy in reaching an agreement on reducing toxic and hazardous waste tariff with Indonesia in IJEPA. The result shows that Japan bartered the issue by offering capacity building compensation. Those are consisting of investment on toxic and hazardous waste management facilities and the development of hazardous waste recycling market in Indonesia. Through the compensation, reduction tariff of hazardous waste could be achieved by Japan to continue its transboundary movement and reduce the impact of domestic environmental pollution, while still accommodating the interests of Indonesia in terms of capacity building towards hazardous waste management.</em></p>

Would African Countries Benefit from the Termination of Kenya’s Economic Partnership Agreement (EPA) with the EU? An Analysis of EU Demand for Imported Roses

Journal of Agricultural Economics ◽

10.1111/j.1477-9552.2008.00169.x ◽

2009 ◽

Vol 60 (1) ◽

pp. 220-238 ◽

Cited By ~ 13

Author(s):

Andrew Muhammad

Keyword(s):

African Countries ◽

Economic Partnership ◽

Partnership Agreement ◽

The Eu

ANALISIS DAMPAK LIBERALISASI PERDAGANGAN BARANG PADA PERUNDINGAN INDONESIA–EU CEPA TERHADAP PEREKONOMIAN INDONESIA

Buletin Ilmiah Litbang Perdagangan ◽

10.30908/bilp.v11i2.223 ◽

2017 ◽

Vol 11 (2) ◽

pp. 123-142

Author(s):

Steven Raja Ingot ◽

Ridho Meyrandoyo Hastjarjo

Keyword(s):

European Union ◽

General Equilibrium ◽

Market Share ◽

Computable General Equilibrium ◽

Cooperation Agreement ◽

Left Behind ◽

Economic Partnership ◽

Partnership Agreement ◽

The Eu

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.