Bericht

The EU-Japan Economic Partnership Agreement and its Relevance for the Austrian Economy

Since the beginning of 2017, a paradigm change in international trade policy is observed. While protectionist agendas are on the rise, the EU and Japan signed an Economic Partnership Agreement (EPA) on 17 July 2018. It is the EU's most ambitious agreement with any Asian state. The study estimates the effect of the EU-Japan EPA for Austria based on qualitative analysis and a structural gravity model. The model predicts small but positive effects of around 0.01% of GDP for Austria. Highest gains are expected for manufactured goods, particularly in the medium- and high-tech sectors.

Language
Englisch

Bibliographic citation
Series: wiiw Research Report ; No. 434

Classification
Wirtschaft
Computable and Other Applied General Equilibrium Models
Trade Policy; International Trade Organizations
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Agriculture in International Trade
Subject
economic partnership
free trade
EPA
FTA
Japan
JEFTA
South Korea
tariffs
non-tariff measures
structural gravity model

Event
Geistige Schöpfung
(who)
Grübler, Julia
Reiter, Oliver
Stehrer, Robert
Event
Veröffentlichung
(who)
The Vienna Institute for International Economic Studies (wiiw)
(where)
Vienna
(when)
2018

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Grübler, Julia
  • Reiter, Oliver
  • Stehrer, Robert
  • The Vienna Institute for International Economic Studies (wiiw)

Time of origin

  • 2018

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