An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach
Abstract The Japan–Philippines Economic Partnership Agreement transcends conventional bilateral trade agreements as it contains measures to facilitate cooperation and investment in capital, technology, and people. Liberalization aims to facilitate trade between the two economies by eliminating restr...
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Format: | Article |
Language: | English |
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SpringerOpen
2018-11-01
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Series: | Journal of Economic Structures |
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Online Access: | http://link.springer.com/article/10.1186/s40008-018-0129-8 |
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author | Al Faithrich C. Navarrete Virgillio M. Tatlonghari |
author_facet | Al Faithrich C. Navarrete Virgillio M. Tatlonghari |
author_sort | Al Faithrich C. Navarrete |
collection | DOAJ |
description | Abstract The Japan–Philippines Economic Partnership Agreement transcends conventional bilateral trade agreements as it contains measures to facilitate cooperation and investment in capital, technology, and people. Liberalization aims to facilitate trade between the two economies by eliminating restrictions. A modified gravity model was utilized using weighted average tariff rates imposed by Japan to Philippine exports to estimate the impact to Philippine export to Japan. Based on the findings, declining average tariff rate of Japan increases imports from the Philippines after one (1) period lag. The Japan–ASEAN economic partnership agreement also has a significant impact on the trade flow between Japan and Philippines. |
first_indexed | 2024-12-20T21:17:54Z |
format | Article |
id | doaj.art-f3c06fa48dda4226bf4777cc6adc838b |
institution | Directory Open Access Journal |
issn | 2193-2409 |
language | English |
last_indexed | 2024-12-20T21:17:54Z |
publishDate | 2018-11-01 |
publisher | SpringerOpen |
record_format | Article |
series | Journal of Economic Structures |
spelling | doaj.art-f3c06fa48dda4226bf4777cc6adc838b2022-12-21T19:26:22ZengSpringerOpenJournal of Economic Structures2193-24092018-11-017112010.1186/s40008-018-0129-8An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approachAl Faithrich C. Navarrete0Virgillio M. Tatlonghari1The Graduate School, University of Santo TomasThe Graduate School, University of Santo TomasAbstract The Japan–Philippines Economic Partnership Agreement transcends conventional bilateral trade agreements as it contains measures to facilitate cooperation and investment in capital, technology, and people. Liberalization aims to facilitate trade between the two economies by eliminating restrictions. A modified gravity model was utilized using weighted average tariff rates imposed by Japan to Philippine exports to estimate the impact to Philippine export to Japan. Based on the findings, declining average tariff rate of Japan increases imports from the Philippines after one (1) period lag. The Japan–ASEAN economic partnership agreement also has a significant impact on the trade flow between Japan and Philippines.http://link.springer.com/article/10.1186/s40008-018-0129-8Bilateral trade agreementTradeGravity modelTariff reduction |
spellingShingle | Al Faithrich C. Navarrete Virgillio M. Tatlonghari An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach Journal of Economic Structures Bilateral trade agreement Trade Gravity model Tariff reduction |
title | An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach |
title_full | An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach |
title_fullStr | An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach |
title_full_unstemmed | An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach |
title_short | An empirical assessment of the effects of the Japan–Philippine Economic Partnership Agreement (JPEPA) on Philippine exports to Japan: a gravity model approach |
title_sort | empirical assessment of the effects of the japan philippine economic partnership agreement jpepa on philippine exports to japan a gravity model approach |
topic | Bilateral trade agreement Trade Gravity model Tariff reduction |
url | http://link.springer.com/article/10.1186/s40008-018-0129-8 |
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