The Impact of Trade Preferences on Multilateral Tariff Cuts: Evidence for Japan

31 Pages Posted: 27 May 2014

See all articles by Tobias Ketterer

Tobias Ketterer

University of Nottingham - School of Economics

Daniel M. Bernhofen

American University - School of International Service; American University; American University - School of International Service

Chris Milner

University of Nottingham - School of Economics

Date Written: April 27, 2014

Abstract

Opposing theoretical predictions on the effects of trade preferences on multilateral tariff cuts point to the need for empirical analysis to determine whether preferential trade agreements promote or hinder multilateral trade liberalization. This paper examines the impact of Japan’s trade preferences on its multi-lateral tariff reductions. Using detailed product level data, we find that Japan’s Generalized System of Preferences (GSP) acted as a stumbling block for the country’s external tariff liberalization during the Uruguay Round of multi-lateral trade negotiations.

Keywords: Japan’s Generalized System of Preferences, Japan’s Most Favoured Nation tariffs, Uruguay Round

JEL Classification: F130, F140

Suggested Citation

Ketterer, Tobias and Bernhofen, Daniel M. and Milner, Chris, The Impact of Trade Preferences on Multilateral Tariff Cuts: Evidence for Japan (April 27, 2014). CESifo Working Paper Series No. 4777. Available at SSRN: https://ssrn.com/abstract=2442155

Tobias Ketterer

University of Nottingham - School of Economics ( email )

Nottingham, NG8 1BB
United Kingdom

Daniel M. Bernhofen (Contact Author)

American University - School of International Service ( email )

4400 Massachusetts Ave, NW
Washington, DC 20016
United States
2028856721 (Phone)

American University ( email )

4400 Massachusetts Av NW
Washington, DC 20015
United States
202-885-6721 (Phone)

HOME PAGE: http://www.american.edu/sis/faculty/dbernhof.cfm

American University - School of International Service ( email )

4400 Massachusetts Ave, NW
Washington, DC 20016
United States
2028856721 (Phone)

Chris Milner

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
37
Abstract Views
1,138
PlumX Metrics