Volume 45, Number 1

The Japan-Philippines Economic Partnership Agreement, a Decade After: Evaluating the Impact on Philippine Trade

Abstract

The Japan-Philippines Economic Partnership Agreement (JPEPA), the first bilateral FTA that the Philippines entered into, aims to facilitate and promote free transborder flow of goods, services, capital, and people between the two countries. This paper explores the use of synthetic control method to understand the effects of JPEPA on Philippine exports. The results reveal that the Philippines benefited from the JPEPA as determined by the difference in the actual exports and the counterfactual exports.

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The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics. 

P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd