IDEAS home Printed from https://ideas.repec.org/p/ngi/dpaper/24-04.html
   My bibliography  Save this paper

Supply-side Impact of Trade Liberalization and Disruption

Author

Listed:
  • Kenichi Kawasaki

    (National Graduate Institute for Policy Studies, Tokyo, Japan)

Abstract

Intracontinental trade intensity and concentration are observed worldwide. It has been suggested that supply chain resilience to unexpected shocks be strengthened by enhancing international diversification of input sources. The major objective of this paper is to try to investigate the impact of trade liberalization and disruption on trade and supply chains by means of simulation studies using a computable general equilibrium (CGE) model of global trade, with the introduction of a few trade indicators. World import deviation from the expected least distorted state of trade would be reduced by trade liberalization but expanded by trade disruption, though to a small extent. That said, those impacts on import concentrations and deviations would be mixed at the regional levels. Regional tariff removals would create more import deviations, depending on the economy. The impact of trade disruption on import deviations would vary by economy. It is advised that supply chain resilience be considered by economy and by sector. Meanwhile, the development of analytical methodologies for study of the impact of policy measures on supply chains would be seen as issues for further study.

Suggested Citation

  • Kenichi Kawasaki, 2024. "Supply-side Impact of Trade Liberalization and Disruption," GRIPS Discussion Papers 24-04, National Graduate Institute for Policy Studies.
    • Handle: RePEc:ngi:dpaper:24-04
    as

    Download full text from publisher

    File URL: https://grips.repo.nii.ac.jp/record/2000097/files/DP24-4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Angel Aguiar & Maksym Chepeliev & Erwin Corong & Dominique van der Mensbrugghe, 2022. "The Global Trade Analysis Project (GTAP) Data Base: Version 11," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 7(2), pages 1-37, December.
    2. Kenichi Kawasaki, 2017. "Emergent Uncertainty in Regional Integration -Economic impacts of alternative RTA scenarios-," GRIPS Discussion Papers 16-27, National Graduate Institute for Policy Studies.
    3. Kenichi Kawasaki, 2017. "Emergent Uncertainty in Regional Integration -Economic impacts of alternative RTA scenarios-," GRIPS Discussion Papers 16-28, National Graduate Institute for Policy Studies.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Shujiro Urata, 2018. "Did Abenomics Succeed?: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(1), pages 1-22, January.
    2. Felbermayr, Gabriel & Kimura, Fukunari & Okubo, Toshihiro & Steininger, Marina, 2019. "Quantifying the EU-Japan Economic Partnership Agreement," Journal of the Japanese and International Economies, Elsevier, vol. 51(C), pages 110-128.
    3. Mohammad Masudur Rahman & Chanwahn Kim & Prabir De, 2020. "Indo-Pacific cooperation: what do trade simulations indicate?," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 9(1), pages 1-17, December.
    4. Biyik, Onur, 2021. "Japan-AfCFTA Integration Through Economic Impacts of Alternative EPA Scenarios: Examination of the GTAP 10A MRIO Database," Conference papers 333265, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Sanguinet, Eduardo & Alvim, Augusto, 2020. "Effects of EU-MERCOSUR trade agreement on bilateral trade: the role of Brexit," Conference papers 333194, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Hosoe, Nobuhiro, 2021. "Impact of tighter controls on Japanese chemical exports to Korea," Economic Modelling, Elsevier, vol. 94(C), pages 631-648.
    7. Kikuchi, Tomoo & Yanagida, Kensuke & Vo, Huong, 2018. "The effects of Mega-Regional Trade Agreements on Vietnam," Journal of Asian Economics, Elsevier, vol. 55(C), pages 4-19.
    8. Leudjou, Roland, 2021. "Assessing the impacts of eliminating Non-Tariff Barriers in the framework of the African Continental Free Trade Area on Cameroons economy," Conference papers 330231, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Yuru Guan & Jin Yan & Yuli Shan & Yannan Zhou & Ye Hang & Ruoqi Li & Yu Liu & Binyuan Liu & Qingyun Nie & Benedikt Bruckner & Kuishuang Feng & Klaus Hubacek, 2023. "Burden of the global energy price crisis on households," Nature Energy, Nature, vol. 8(3), pages 304-316, March.
    10. Timothé Beaufils & Joschka Wanner & Leonie Wenz, 2024. "The Potential of Carbon Border Adjustments to Foster Climate Cooperation," CESifo Working Paper Series 11429, CESifo.
    11. Maros Ivanic & Jayson Beckman & Noe Nava, 2023. "Estimation of the Value-Added/Intermediate Input Substitution Elasticities Consistent with the GTAP Data," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 8(2), pages 134-158, December.
    12. Mahlkow, Hendrik & Wanner, Joschka, 2023. "The carbon footprint of global trade imbalances," W.E.P. - Würzburg Economic Papers 108, University of Würzburg, Department of Economics.
    13. Mahlkow, Hendrik & Wanner, Joschka, 2023. "The carbon footprint of global trade imbalances," Kiel Working Papers 2260, Kiel Institute for the World Economy (IfW Kiel).
    14. Anderson, Kym & Corong, Erwin & Strutt, Anna & Valenzuela, Ernesto, 2023. "The Relative Importance of Global Agricultural Subsidies and Tariffs, Revisited," World Trade Review, Cambridge University Press, vol. 22(3-4), pages 382-394, October.
    15. Christoph Böhringer & Knut Einar Rosendah & Halvor Briseid Storrøsten, "undated". "Measures against carbon leakage. Combining output-based allocation with consumption taxes," Discussion Papers 1013, Statistics Norway, Research Department.
    16. Rasta-Pide, 2023. "The State Of Commerce In Pakistan: International & Domestic," PIDE Research Report 2023:15, Pakistan Institute of Development Economics.
    17. Hendrik Mahlkow & Joschka Wanner, 2023. "The Carbon Footprint of Global Trade Imbalances," CESifo Working Paper Series 10729, CESifo.
    18. Feng, Kuishuang & Chen, Xiangjie, 2023. "Water and Land Stress in Bolivia, Colombia, Ecuador, and Peru under Coupled Climate-Socioeconomic Scenarios," IDB Publications (Working Papers) 13093, Inter-American Development Bank.
    19. Baldos, Uris Lantz C., 2024. "Food inequality and climate change: compounding impacts on caloric undernutrition," 2024 Annual Meeting, July 28-30, New Orleans, LA 343904, Agricultural and Applied Economics Association.
    20. Abigail Opokua Asare & Laura Schuerer, 2024. "Incidence of Carbon Pricing in Tanzania: Using Revenues to Empower Low-Income Households with Renewable Energy," Working Papers V-446-24, University of Oldenburg, Department of Economics, revised Jul 2024.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ngi:dpaper:24-04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/gripsjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.