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Philippines-Japan Economic Partnership Agreement (PJEPA): An Initial Ex-post Review

Author

Listed:
  • Medalla, Erlinda M.
  • Ledda, Veredigna M.

Abstract

While it is too early to undertake rigorous quantitative analysis on the impact of the Philippines-Japan Economic Partnership Agreement (PJEPA) on the Philippines, this initial ex-post study concludes that based on several key indicators the country has not suffered major adjustment costs because of the PJEPA. There is also evidence to show that the Philippines was able to secure concessions comparable to other partner countries of Japan in similar EPAs. The study echoes earlier research that indicated the short-run impact of the PJEPA on GDP would be small but the dynamic benefits could be very significant. On the whole, indicators are positive, although more could be done especially in terms of labor protection, attracting Japanese investments, and taking advantage of the cooperation elements of the agreement.

Suggested Citation

  • Medalla, Erlinda M. & Ledda, Veredigna M., 2013. "Philippines-Japan Economic Partnership Agreement (PJEPA): An Initial Ex-post Review," Discussion Papers DP 2013-12, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2013-12
    as

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    File URL: https://www.pids.gov.ph/publication/discussion-papers/philippines-japan-economic-partnership-agreement-pjepa-an-initial-ex-post-review
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    References listed on IDEAS

    as
    1. Aldaba, Rafaelita M., 2008. "Globalization and the Need for Strategic Government-Industry Cooperation in the Philippine Automotive Industry," Discussion Papers DP 2008-21, Philippine Institute for Development Studies.
    2. Erlinda M. Medalla & Catherine Vidar-Vale & Jenny D. Balboa, 2010. "Japan-Philippines Economic Partnership Agreement (JPEPA) : Toward a Framework for Regional Economic Integration," Governance Working Papers 23105, East Asian Bureau of Economic Research.
    3. Lanzona, Leonardo, 2014. "Implications of an EU FTA to the Philippine Labor Market," Discussion Papers DP 2014-21, Philippine Institute for Development Studies.
    4. Medalla, Erlinda M. & Balboa, Jenny D. & Vidar-Vale, Catherine, 2010. "Japan-Philippines Economic Partnership Agreement (JPEPA): Toward a Framework for Regional Economic Integration," Discussion Papers DP 2010-19, Philippine Institute for Development Studies.
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    Cited by:

    1. Patalinghug, Epictetus, 2015. "Supply Chain Connectivity: Enhancing Participation in the Global Supply Chain," Discussion Papers DP 2015-14, Philippine Institute for Development Studies.

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    More about this item

    Keywords

    bilateral trade agreements; tariff; Philippines; trade; Philippines-Japan Economic Partnership Agreement (PJEPA);
    All these keywords.

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