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Trade Liberalization of the Fishery Industry of Japan

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Abstract

This paper examines the effect of the reduction of an import tariff on the Japanese fishery industry by using a computable general equilibrium model. Being against our common knowledge, our simulations with very realistic conditions show that both of the domestic consumers and the domestic fishery industry can gain by the subsidy (a negative tariff rate) policy, and also that income of the fishery industry would increase by trade liberalization when all possible linkages of economic activities are taken into account within a general equilibrium framework. Our results suggest a possible situation that there is no political conflict between the domestic fishery industry and the domestic consumer.

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File URL: http://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2009_10.pdf
File Function: First version, 2009
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Bibliographic Info

Paper provided by Research Institute, International University of Japan in its series Working Papers with number EMS_2009_10.

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Length: 40 pages
Date of creation: May 2009
Date of revision:
Handle: RePEc:iuj:wpaper:ems_2009_10

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Keywords: Fishery Industry; Japan; Trade Liberalization; Import Tariff; Computable General Equilibrium Model; Simulation;

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References

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  1. Toshihiro Ihori & Ryuta Ray Kato & Masumi Kawade & Shun-ichiro Bessho, 2006. "Public Debt and Economic Growth in an Aging Japan," Working Papers EMS_2006_11, Research Institute, International University of Japan.
  2. Pantzios, Christos J. & Taylor, Timothy G., 1998. "Trade Liberalization And Japanese Agricultural Import Policies," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(02), December.
  3. Scarf,Herbert E. & Shoven,John B., 2008. "Applied General Equilibrium Analysis," Cambridge Books, Cambridge University Press, number 9780521070935, October.
  4. Charles L. Ballard & Don Fullerton & John B. Shoven & John Whalley, 1985. "A General Equilibrium Model for Tax Policy Evaluation," NBER Books, National Bureau of Economic Research, Inc, number ball85-1.
  5. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, number 9780521319867, October.
  6. Arief Anshory Yusuf & Djoni Hartono & Wawan Hermawan & Yayan, 2008. "AGEFIS:Applied General Equilibrium for FIScal Policy Analysis," Working Papers in Economics and Development Studies (WoPEDS) 200807, Department of Economics, Padjadjaran University, revised Oct 2008.
  7. Taniguchi, Kiyoshi, 2001. "A General Equilibrium Analysis Of Japanese Rice Market Trade Liberalization," 2001 Annual meeting, August 5-8, Chicago, IL 20660, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  8. Kato, Ryuta, 1998. "Transition to an Aging Japan: Public Pension, Savings, and Capital Taxation," Journal of the Japanese and International Economies, Elsevier, vol. 12(3), pages 204-231, September.
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