Estimates of the role of non-tariff measures in trade between CZE/EU and Japan

• Název práce v češtině: Odhad role netarifních bariér v obchodu mezi ČR/EU a Japonskem
• Název v anglickém jazyce: Estimates of the role of non-tariff measures in trade between CZE/EU and Japan
• Klíčová slova: Gravitační model, mezinárodní obchod, Random effects, Poisson Maximum Likelihood estimator, Japonsko, Česká republika, EU, bez-tarifní bariéry, zóna volného obchodu
• Klíčová slova anglicky: Gravity model, international trade, Random effect, Poisson Maximum Likelihood estimator, Japan, Czech Republic, EU, non-tariff barriers, free-trade area
• Akademický rok vypsání: 2017/2018
• Typ práce: bakalářská práce
• Jazyk práce: angličtina
• Ústav: Institut ekonomických studií (23-IES)
• Vedoucí / školitel: Ing. Vilém Semerák, M.A., Ph.D.
• Řešitel: skrytý - zadáno vedoucím/školitelem
• Datum přihlášení: 16.05.2018
• Datum zadání: 24.05.2018
• Datum a čas obhajoby: 09.09.2019 09:00
• Místo konání obhajoby: Opletalova - Opletalova 26, O206, Opletalova - místn. č. 206
• Datum odevzdání elektronické podoby: 31.07.2019
• Datum proběhlé obhajoby: 09.09.2019
• Oponenti: PhDr. Miroslav Palanský, Ph.D.

Seznam odborné literatury

Bibliography
Gravity Equations and Economic Frictions in the World Economy by Jeffrey H. Bergstrand and Peter Egger
Gravity for dummies and dummies for gravity equations by Richard Baldwin and Daria Taglioni
Gravity Equations: Workhorse, Toolkit and Cookbook by Keith Head and Thierry Mayer
The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence by Jeffrey H. Bergstrand
European Commission and its trade priorities: http://ec.europa.eu/trade/policy/countries-and-regions/negotiations-and-agreements/#_being-negotiated

Předběžná náplň práce

Research question and motivation
My topic will aim to search for additional non-tariff barriers that can be overlooked when constructing ordinary bilateral trade deals. Furthermore I will try to estimate the after-deal situation and compare it with current situation as well as potential ideal situation with no barriers.
FTA (Free Trade Area) negotiations between European Union and Japan about FTA are already finished. However, it is still waiting to be ratified and implementation itself can continue for couple more months or years so this thesis could either forecast the situation (if FTA is still not operational by the time of my Bachelor´s thesis defense) or explain the situation (if it is already in place fully-functioning).

Contribution
As mentioned earlier results of my work should illustrate the ideal situation of trade between Czech and Japan as well as identify non-tariff barriers that might be underestimated or simply hidden for people who do not have time and expertise to study the situation closely.

Methodology
I use gravity models for international trade. That includes constructing a regression to estimate parameters of certain barriers in some cases using dummy variables. Data neccessary for my regression will be collected from Comtrade. However, data only from Czech-Japan (or EU-Japan) trade will not be sufficient to construct a good model (avoid violation of basic regression assumptions). I will get data for many different countries to provide high number of various observations throughout 15-20 years for each country.

Outline
My work will start with improving my knowledge on the exact methodology of gravity models as well as current situation of the negotiations between EU and Japan. To construct my model I will get data from comtrade website not only for bilateral trade of Czech and Japan but also various other countries to have a proper estimates. Then I will use this data in Rstudio and decide which barriers are important in case of Czech-Japan trade and comment on them.