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India–Japan CEPA

Author

Listed:
  • Kumar Gaurav
  • Nalin Bharti

Abstract

Most of the studies on free trade agreements (FTAs) concentrate on merchandise trade, either in the North-North or South-South framework. This study is different because it evaluates services trade under the FTA in North–South structure between India and Japan. Research methodology for this work includes both qualitative as well as quantitative approach. Qualitative analysis of the General Agreement on Trade in Services and the India–Japan Comprehensive Economic Partnership Agreement has been undertaken to evaluate the commitments and obligations at the policy level. Quantitative analysis explores key areas of potential in services trade between India and Japan, applying Revealed Comparative Advantage index. The study observes huge untapped potentials and strong trade complementarities between India and Japan, which offers lessons to the other economies of the world. JEL: F10, F13, F15

Suggested Citation

  • Kumar Gaurav & Nalin Bharti, 2018. "India–Japan CEPA," Foreign Trade Review, , vol. 53(3), pages 189-203, August.
  • Handle: RePEc:sae:fortra:v:53:y:2018:i:3:p:189-203
    DOI: 10.1177/0015732517734759
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    References listed on IDEAS

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    1. Ejaz Ghani & Homi Kharas, 2010. "The Service Revolution," World Bank Publications - Reports 10187, The World Bank Group.
    2. Ramkishen Rajan & Graham Bird, 2002. "Will Asian Economies Gain from Liberalizing Trade in Services?," Centre for International Economic Studies Working Papers 2002-22, University of Adelaide, Centre for International Economic Studies.
    3. World Bank, 2011. "World Bank for Results 2011," World Bank Publications - Books, The World Bank Group, number 15792, December.
    4. Ghani, Ejaz (ed.), 2010. "The Service Revolution in South Asia," OUP Catalogue, Oxford University Press, number 9780198065111.
    5. Rashmi Banga, 2005. "Role of Services in the Growth Process: A Survey," Indian Council for Research on International Economic Relations, New Delhi Working Papers 159, Indian Council for Research on International Economic Relations, New Delhi, India.
    6. Ghani, Ejaz & Kharas, Homi, 2010. "The Service Revolution," World Bank - Economic Premise, The World Bank, issue 14, pages 1-5, May.
    7. Asian Development Bank (ADB), 2014. "Purchasing Power Parities and Real Expenditures," ADB Reports RPT146710-2, Asian Development Bank (ADB), revised 19 Aug 2014.
    8. Jagdish N. Bhagwati, 1984. "Splintering and Disembodiment of Services and Developing Nations," The World Economy, Wiley Blackwell, vol. 7(2), pages 133-144, June.
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    Cited by:

    1. Amlan Ray & M. G. Deepika & G. Badri Narayanan, 2021. "Analysis of India’s Competitive Position in RCEP," Vision, , vol. 25(3), pages 336-349, September.

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    More about this item

    Keywords

    Free trade agreements; comparative advantage; General Agreement on Trade in Services (GATS); trade complementarities;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

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