Does Similarity in Philippine FTAs Matter in Trade?

Francis Mark A. Quimba and Mark Anthony A. Barral

No DP 2022-52, Discussion Papers from Philippine Institute for Development Studies

Abstract: This study seeks to understand the design of the Japan-Philippines Economic Partnership Agreement and European Free trade Association (EFTA), notably the similarities with other free trade agreements (FTAs) of Japan and EFTA-member countries, respectively, and how these similarities affect Philippine trade. To do this, the study proposes using text-of-trade-analysis, that is, text analysis employing text-as-data. The paper demonstrates the application of text analysis to complement the conventional methods of assessing the impacts of trade agreements. The results reveal that similarity across trade agreements, both at document and chapter or topic-specific provisions (e.g., trade in goods, rules of origin, strong references to sustainable development) may influence and encourage trade. Comments to this paper are welcome within 60 days from the date of posting. Email publications@pids.gov.ph.

Keywords: EFTA-PH FTA; Cosine LSA; Export; Jaccard; Free Trade Agreements; PJEPA; Non-Tariff Measures; Rules of Origin; Sustainable Development; Text Analysis; Similarity; Trade in Goods (search for similar items in EconPapers)
Pages: 35
Date: 2022
New Economics Papers: this item is included in nep-env, nep-int and nep-sea
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