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The impact of the strengthening of export controls on Japanese exports of dual-use goods

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  • Hayakawa, Kazunobu
  • Ito, Keiko
  • Fukao, Kyoji
  • Deseatnicov, Ivan

Abstract

This study empirically examines the effect of export control regulations on Japan's exports using monthly export data at the destination country-product level. The study covers the period from January 2017 to December 2021. The findings can be summarized as follows. First, no significant effects of the introduction or tightening of export controls by the Japanese government on Japan's exports are found, suggesting that the negative effects of export controls on exports are limited. Second, the restrictions regarding Huawei introduced by the U.S. government significantly decreased Japan's exports of related products, especially to China. These contrasting results suggest that it is more costly for exporters to obtain export permission from the U.S. government than from the Japanese government. Third, the regulations introduced by the Japanese government with regard to exports of a specific chemical product (hydrogen fluoride) to South Korea significantly decreased Japan's exports of that product to South Korea but increased those to the rest of the world.

Suggested Citation

  • Hayakawa, Kazunobu & Ito, Keiko & Fukao, Kyoji & Deseatnicov, Ivan, 2023. "The impact of the strengthening of export controls on Japanese exports of dual-use goods," International Economics, Elsevier, vol. 174(C), pages 160-179.
  • Handle: RePEc:eee:inteco:v:174:y:2023:i:c:p:160-179
    DOI: 10.1016/j.inteco.2023.03.004
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    2. Keiko Ito, 2024. "Comment on “Supply Chain Decoupling: Geopolitical Debates and Economic Dynamism in East Asia”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 19(1), pages 80-81, January.
    3. Zhao Li & Ren Zhuoming & Zhao Ziyi & Weng Tongfeng, 2024. "Topological perturbations on resilience of the world trade competition network," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.

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    More about this item

    Keywords

    Export regulation; Trade; Japan;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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