Warianty tytułu
Języki publikacji
Abstrakty
Objective: The New-generation trade agreements, which include the agreement with Japan, provide wide coverage - not only the liberalisation of trade in goods or services but also the protection of intellectual property rights, the public procurement market, sustainable development and others. This paper aims to demonstrate key provisions and (both ex post and ex ante) opportunities that the agreement creates for EU companies.
Research Design & Methods: The research methods include a critical review of existing literature, an analysis of relevant legal and official documents of the European Union, as well as the provisions of the EU-Japan trade agreement. The empirical research focused on Eurostat data.
Findings: The provisions of the EU-Japan agreement provide an incentive for European companies to strengthen their position on the Japanese market. The elimination of import duties and other barriers to trade in Japan in relation to certain agricultural products on the entry into force of the agreement contributed to higher exports from the EU for these groups of goods. What might be expected is the additional effect of the liberalisation of bilateral trade on third countries. In fact, standards or rules agreed by Japan and the EU may become even more attractive to third countries, as their adoption would facilitate access to two large markets.
Implications & Recommendations: Japan is a relatively important trading partner for the EU and vice versa. One of the biggest achievements of the agreement made between the European Union and Japan includes the wide and deep liberalisation of trade in goods. Despite the fact that the overall level of tariff protection is relatively low, there are still some groups of goods for which the protection in the form of customs duties constitutes an important barrier, as a result of which the conditions for competing on the partner's market deteriorate. It seems that EU entrepreneurs should make more use of the opportunities which are created by the provisions of the free trade agreement with Japan. So far, the trade crisis caused by the pandemic has stood in the way.
Contribution & Value Added: Research conducted so far is of an ex ante nature, both regarding the provisions of the agreement (publications written before 2018) and the evaluation of its potential effects on economy, trade, production or selected sectors. The research carried out in this article is of an ex post nature; it covers the period following the entry into force of the agreement and does not present any growth scenarios or forecasts, as was the case in the existing research. The article attempted to juxtapose the provisions of the agreement with Japan with trade conditions applicable to EU companies, as well as with the growth rate, volume and coverage of bilateral trade in goods. (original abstract)
Research Design & Methods: The research methods include a critical review of existing literature, an analysis of relevant legal and official documents of the European Union, as well as the provisions of the EU-Japan trade agreement. The empirical research focused on Eurostat data.
Findings: The provisions of the EU-Japan agreement provide an incentive for European companies to strengthen their position on the Japanese market. The elimination of import duties and other barriers to trade in Japan in relation to certain agricultural products on the entry into force of the agreement contributed to higher exports from the EU for these groups of goods. What might be expected is the additional effect of the liberalisation of bilateral trade on third countries. In fact, standards or rules agreed by Japan and the EU may become even more attractive to third countries, as their adoption would facilitate access to two large markets.
Implications & Recommendations: Japan is a relatively important trading partner for the EU and vice versa. One of the biggest achievements of the agreement made between the European Union and Japan includes the wide and deep liberalisation of trade in goods. Despite the fact that the overall level of tariff protection is relatively low, there are still some groups of goods for which the protection in the form of customs duties constitutes an important barrier, as a result of which the conditions for competing on the partner's market deteriorate. It seems that EU entrepreneurs should make more use of the opportunities which are created by the provisions of the free trade agreement with Japan. So far, the trade crisis caused by the pandemic has stood in the way.
Contribution & Value Added: Research conducted so far is of an ex ante nature, both regarding the provisions of the agreement (publications written before 2018) and the evaluation of its potential effects on economy, trade, production or selected sectors. The research carried out in this article is of an ex post nature; it covers the period following the entry into force of the agreement and does not present any growth scenarios or forecasts, as was the case in the existing research. The article attempted to juxtapose the provisions of the agreement with Japan with trade conditions applicable to EU companies, as well as with the growth rate, volume and coverage of bilateral trade in goods. (original abstract)
Słowa kluczowe
Czasopismo
Rocznik
Tom
Numer
Strony
41-55
Opis fizyczny
Twórcy
autor
- Andrzej Frycz Modrzewski Krakow University
Bibliografia
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- Atlantic Council (2018). JEEPA - Japan-EU Free Trade Agreement Leaves the US Out in the Cold. Retrieved May 11, 2022, from https://www.atlanticcouncil.org/blogs/econographics/jeepa-japan-eu-free-trade-agreement-leaves-the-us-out-in-the-cold/
- Benz S., & Yalcin, E. (2015). Productivity versus Employment: Quantifying the Economic Effects of an EU-Japan Free Trade Agreement, The World Economy, 38(6), 935-961. https://doi.org/10.1111/twec.12205
- Drelich-Skulska, B., & Bobowski, S. (2021). Intra-industry trade and implications of the European Union-Japan Economic Partnership Agreement from the perspective of the automotive industry. Entrepreneurial Business and Economics Review, 9(2), 183-206. https://doi.org/10.15678/EBER.2021.090212
- European Commission (2006). Global Europe: competing in the world: a contribution to the EU's growth and jobs strategy, COM/2005/100 final, 1-18.
- European Commission (2010). Communication from the Commission to the European Parliament, the Council, The Council, the European Economic and Social Committee and the Committee of the Regions, Trade, Growth and World Affairs, COM(2010) 612 final, {SEC(2010 1268}, 1-22.
- European Commission (2012). Commission Staff Working Document. Impact Assessment Report on EU-Japan Trade Relations, Accompanying the document Recommendation for a Council Decision authorising the opening of negotiations on a Free Trade Agreement between the European Union and Japan, SWD(2012) 209 final, 1-103.
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- European Commission (2017b). Report of the 18th EU-Japan FTA/EPA Negotiating Round Tokyo, Week of 3 April 2017. Retrieved June 10, 2022, from http://trade.ec.europa.eu/doclib/docs/2017/april/tradoc_155506.pdf
- European Commission (2018a). Key Elements of the EU Japan Economic Partnership Agreement, December 12. Retrieved from June 10, 2022, http://europa.eu/rapid/press-release_MEMO-18-6784_en.htm
- European Commission (2018b). Proposal for a Council Decision on the signing, on behalf of the European Union, of the Economic Partnership Agreement between the European Union and Japan, COM/2018/193 final - 2018/0092 (NLE), 1-8.
- European Commission (2018c). The Economic Impact of the EU-Japan Economic Partnership Agreement (EPA). Retrieved June 10, 2022, from http://trade.ec.europa.eu/doclib/docs/2018/july/tradoc_157116.pdf
- European Commission (2021). EU-Japan EPA Progress Report, Luxembourg: Publications Office of the European Union, 1-34.
- European Parliament (2018). The EU - Japan Economic Partnership Agreement, Study, 1-58. Retrieved June 15, 2022, from https://www.europarl.europa.eu/RegData/etudes/STUD/2018/603880/EXPO_STU(2018)603880_EN.pdf
- Felbermayr, G., Kimura, F., Okubo, T., Steininger, M., & Yalcin, E. (2017). On the Economics of an EU-Japan Free Trade Agreement, Study of the Ifo Institute on behalf of the Bertelsmann Foundation, Final Report, 1-68.
- Francois, J., Manchin, M., & Norberg H. (2011). Economic Impact Assessment of an FTA between the EU and Japan. Retrieved June 20, 2022, from https://trade.ec.europa.eu/doclib/docs/2017/july/tradoc_155782.pdf
- Frenkel, M., & Walter, B. (2017). The EU-Japan Economic Partnership Agreement: Relevance, Content and Policy Implications, Intereconomics, 52 (6), 358-363. DOI: 10.1007/s10272-017-0704-5
- Global Trade Datebase (2022). Retrieved September 13, 2022, from https://www.globaltradealert.org/
- Günther, H. H. (2017). The Japan-EU Economic Partnership Agreement: Economic Potentials and Policy Perspectives, Stiftung Wissenschaft und Politik (SWP) Comments, 49, Retrieved June 15, 2022 from https://www.swp-berlin.org/fleadmin/contents/products/comments/2017C49_hlp.pdf.
- Kawasaki, K. (2017). Emergent Uncertainty in Regional Integration - Economic impacts of alternative RTA scenarios, GRIPS Discussion Papers, 16-27.
- Lee-Makiyama, H. (2018). At the Nexus of Trade & Investment - The EU-Japan Economic Partnership Agreement, LSE Consulting, 1-21. Retrieved June 20, 2022, from https://www.lse.ac.uk/business/consulting/reports/atthe-nexus-of-trade-and-investment
- Mazur, G. (2018). Umowa o partnerstwie gospodarczym Unia Europejska-Japonia - nowy rozdział w dwustronnych stosunkach handlowych, Unia Europejska.pl, 2(249), 3-18.
- OECD (2017). Producer and Consumer Support Estimates database. Retrieved June 10, 2022, from https://www.oecd.org/eu/producerandconsumersupportestimatesdatabase.htm
- Pereira, P. S. (2018). The EU-Japan Economic Partnership Agreement from the European Parliament's Perspective: A Landmark Agreement beyond Trade, Journal of Inter-Regional Studies, 2, 1-10.
- Przeździecka, E., Górska, R., Kuźnar, A., & Menkes, J. (2019).The Effects of EU-Japan Economic Partnership Agreement for Poland's Economy, Ekonomista, 6, 701-733.
- Report of the 18th EU-Japan FTA/EPA Negotiating Round Tokyo, Week of 3 April 2017. Retrieved June 20, 2022, from http://trade.ec.europa.eu/doclib/docs/2017/april/tradoc_155506.pdf
- Sunesen, E., Francois, J., & Thelle M. (2010). Assessment of Barriers to Trade and Investment between the EU and Japan, Final Report prepared for the European Union (DG Trade).
- UNCTAD (2017). TRAINS database, Sanitary and Phytosanitary measures. Retrieved May 20, 2022, from https://trainsonline.unctad.org/home
- WTO (2018). WTO document WT/TPR/OV/21, 27 November.
- WTO (2019a). Trade Policy Review, European Union, Report by the Secretariat, WT/TPR/S/395, 1-308.
- WTO (2019b). WTO documents WT/REG396/N/1 and S/C/N/921, 1.
- WTO (2019c). Committee on Regional Trade Agreements, Economic Partnership Agreement Between the European Union and Japan (Goods and Services), Report by the Secretariat, WT/REG396/1, 1-71.
- WTO (2020a). Tariff Profiles, Retrieved June 10, 2022, from https://www.wto.org/english/res_e/statis_e/tariff_profiles_list_e.htm
- WTO (2020b), Trade Policy Review, Japan, Report by the Secretariat, WT/TPR/S/397, 1-209.
- WTO (2021). Tariff Profiles, Retrieved June 10, 2022, from https://www.wto.org/english/res_e/statis_e/tariff_profiles_list_e.htm
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171658038
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