Trade and welfare effects of a potential free trade agreementbetween Japan and the United States

Walter, Timo

Trade and welfare effects of a potential free trade agreementbetween Japan and the United States

dc.contributor.author	Walter, Timo	de
dc.date.accessioned	2024-04-08T08:56:02Z
dc.date.available	2024-04-08T08:56:02Z
dc.date.created	2018-07-13
dc.date.issued	2018
dc.description.abstract	This paper deals with the trade and welfare effects of a potential bilateral trade agreement between the US and Japan. A possible agreement is currently being discussed between Washington and Tokyo, although, there is also the alternative for the US government joining Trans-Pacific Partnership (TPP). Based on the theoretical model of Caliendo and Parro (2015) I analyse the welfare gains of such a bilateral free trade agreement (FTA) in the style of Aichele et al. (2014). In particular, I simulate three scenarios with different levels of integration: The reduction of tariffs only, the scenario of a shallow FTA, and a deep FTA. In addition, the paper compares the trade and welfare changes of a deep FTA to the welfare effects of TPP. The findings are that Japan has the highest welfare gains with a FTA (0.085%), whilst the United States benefits the most from TPP with a welfare gain of 0.05%.	en
dc.identifier.swb	507572270
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/6286
dc.identifier.urn	urn:nbn:de:bsz:100-opus-15045
dc.language.iso	eng
dc.relation.ispartofseries	Hohenheim discussion papers in business, economics and social sciences; 2018,16
dc.rights.license	publ-mit-pod	en
dc.rights.license	publ-mit-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_mit_pod.php
dc.subject	Trade agreements	en
dc.subject	Gravity model	en
dc.subject	Counterfactual equilibrium	en
dc.subject	Intermediate goods	en
dc.subject	Input-output linkages	en
dc.subject	Japan	en
dc.subject	United States	en
dc.subject.ddc	330
dc.subject.gnd	Japan	de
dc.subject.gnd	USA	de
dc.subject.gnd	Handelsabkommen	de
dc.title	Trade and welfare effects of a potential free trade agreementbetween Japan and the United States	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.export.bibtex	@techreport{Walter2018, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6286}, author = {Walter, Timo}, title = {Trade and welfare effects of a potential free trade agreementbetween Japan and the United States}, year = {2018}, school = {Universität Hohenheim}, series = {Hohenheim discussion papers in business, economics and social sciences}, }
local.export.bibtexAuthor	Walter, Timo
local.export.bibtexKey	Walter2018
local.export.bibtexType	@techreport
local.faculty.number	3	de
local.institute.number	520	de
local.opus.number	1504
local.series.issueNumber	2018,16
local.series.title	Hohenheim discussion papers in business, economics and social sciences
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Business, Economics and Social Sciences	en
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.institute	Institute for Economics	en
local.university.institute	Institut für Volkswirtschaftslehre	de

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