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- W2952138889 abstract "This paper investigates the trade creation effects of Japan's free trade agreements (FTAs) using aggregate trade data for the years 1996–2015. We estimate various specifications of a gravity model. Our main finding is that the effects of Japan's FTAs are not clearly observed when the gravity model is specified with three types of fixed effects (i.e., exporter-year fixed effects, importer-year fixed effects, and country-pair fixed effects). In fact, the effects of FTAs vary substantially among trade partners and around half of the FTAs increase Japan's trade values. Our results also suggest that FTAs with small trade partners tend to have large effects on Japan as well as other countries. Recently enforced FTAs, however, increase Japan's import values more rapidly." @default.
- W2952138889 created "2019-06-27" @default.
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- W2952138889 date "2019-06-01" @default.
- W2952138889 modified "2023-09-24" @default.
- W2952138889 title "Heterogeneous Impacts of Free Trade Agreements: The Case of Japan" @default.
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- W2952138889 doi "https://doi.org/10.1162/asep_a_00686" @default.
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