Effects of Tariff Concessions on Japanese Beef Imports by Product and Source
Andrew Muhammad (),
Amanda Countryman and
Kari E. R. Heerman
Agricultural and Resource Economics Review, 2018, vol. 47, issue 1, 158-177
Withdrawal from the Trans-Pacific Partnership (TPP) could be costly for U.S. beef exports to Japan given existing trade agreements such as the Japan-Australia Economic Partnership Agreement (JAEPA). We estimate the demand for imported beef in Japan by source and product and assess the impact of tariff reductions on exporting countries. Our results suggest JAEPA will result in considerable increases in Australian beef exports to Japan, largely at the expense of the U.S. beef. However, similar tariff reductions for U.S. beef could eliminate these negative effects and even result in a net increase in beef imports from both countries.
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