The Determinants of Exceptional Arrangements of Japan's Market Access in RCEP:An Analytical Framework Based on Political Economy
The Regional Comprehensive Economic Partnership(RCEP)is a powerful hedge against anti-global-ization and trade protectionism in recent years,and it is also the reciprocal arrangement between China and Japan.Summarize Japan's tariff concession patterns at the product level in RCEP,and empirically analyze the determinants of Japan's inclusion of some products in the tariff concession exceptional arrangements by using linear probability models based on the analytical framework of political economy.The result shows that(1)on the factual characteristics,Japan's openness level to the world is not high in RCEP.After the FTA comes into force,only 63％of products'tariffs are re-duced to zero immediately,24％of products'tariff concession transition period is more than 10 years,and another 13％of products do not participate in tariff reductions at all.(2)In terms of empirical analysis,organized import-competitive products facing trade creation are easy to influence trade policymaking through interest groups,and thus are more likely to be included in the tariff concession exceptional arrangements;while the production and trade model deeply embed-ded in the GVC and with resources and markets"on both sides of the border"makes products with higher GVC par-ticipation less likely to be included in the tariff concession exceptional arrangements.However,the decision-making mechanisms for tariff reduction transition periods and completely exceptional arrangements are different.Interest groups facing trade creation can only receive protection from tariff reduction over a long transition periods,while products with higher GVC participation can obtain a lower probability of tariff reduction completely exceptional arrangements.These findings provide a solid scientific basis for reasonably grasping the principles of market access adherence and concession limits in future FTA negotiations between China and Japan.
Market AccessGlobal Value ChainsInterest GroupsProtection Strategies
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