An Empirical Study on the Japanese Import Restriction on the Agricultural Manufactures

Yu HONG, Wei SUN, Bo-nan SHAO, Xiao-wei MU

Abstract


This paper investigates the degree of the restriction on the Japanese imports of the agricultural manufactures for the period of 1976 to 2015 by employing annual trade data. We identify the degree of policy interference by the difference of two indicators, namely revealed comparative advantage and net export ratio. Our results indicate that Japan is comparatively dis-advantaged in the imports of the agricultural manufactures. With surprise, we find no evidence that Japan has taken strategic trade policies to improve the comparative advantage by import restrictions.

Keywords


Korea, Trade pattern, Comparative advantage, Import restriction, Trade protection


DOI
10.12783/dtssehs/ermm2017/14735

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