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Econometric Analysis on the Effects of Exchange Rate Fluctuation on Internal-External Price Differentials

Research Project

Project/Area Number 08630054
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field 経済政策(含経済事情)
Research InstitutionKeio University

Principal Investigator

KIMURA Fukunari (1998)  Keio University Faculty of Economics Associate Professor, 経済学部, 助教授 (90265918)

佐々波 楊子 (1996-1997)  慶應義塾大学, 経済学部, 教授 (30051288)

Co-Investigator(Kenkyū-buntansha) SAZANAMI Yoko  Keio University Faculty of Economics Associate Professor, 経済学部, 教授 (30051288)
KAWAI Hiroki  Keio University, Faculty of Economics, Associate Professor, 経済学部, 助教授 (00276396)
木村 福成  慶應義塾大学, 経済学部, 助教授 (90265918)
Project Period (FY) 1996 – 1998
Project Status Completed (Fiscal Year 1998)
Budget Amount *help
¥2,300,000 (Direct Cost: ¥2,300,000)
Fiscal Year 1998: ¥500,000 (Direct Cost: ¥500,000)
Fiscal Year 1997: ¥700,000 (Direct Cost: ¥700,000)
Fiscal Year 1996: ¥1,100,000 (Direct Cost: ¥1,100,000)
KeywordsInternal-external price differentials / Exchange rate fluctuation / Pass-through / 価格差別 / 輸出価格パススルー / 輸入価格パススルー / 市場アクセス / パススルー率 / 購売力平価
Research Abstract

As the last year of the three-year project, we concentrated on the following three research topics:
1) Analysis on corporate firm's pricing behavior In the era of globalization
2) International comparison of factors which determine internal-external price differentials by using the data of International Comparison of Prices (ICP), and
3) Analysis on regulatory and politico-economic factors generating internal-external price differentials.
As for 1), we constructed questionnaire-level micro database of foreign affiliates of Japanese firms and connected the data of intra-firm trade. We now foreign affiliates of Japanese firms and connected the data of intra-firm trade. We now have to face a difficult problem in connecting commodity price data with the database. However, we can report our preliminary result on this issue soon.
As for 2), again we had to spend huge amount of time in data matching and cleaning. However, we wrote up a paper titled "The Measurement of Tariff Equivalents of Nontariff Barriers by Using ICP Data: Preliminary Results" and are now preparing for publication.
As for 3), on the contrary to general perception that the internal-external price differential problem is passe in the deflationary economy, we found a number of sectors which have not solved fundamental problems. We will write up a policy-oriented paper in the near future.

Report

(4 results)
  • 1998 Annual Research Report   Final Research Report Summary
  • 1997 Annual Research Report
  • 1996 Annual Research Report
  • Research Products

    (20 results)

All Other

All Publications (20 results)

  • [Publications] 木村、河井、田中: "内外価格差と貿易障壁:価格データを用いた実証分析"三田学会雑誌. 89. 85-100 (1996)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] 木村、福成他: "為替増価の経済効果の研究"経済研究(経済企画庁経済研究所編集). 148号. 1-57 (1997)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] 河井啓希: "内外価格差是正の雇用効果"日本労働研究雑誌. 446号. 10-21 (1997)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] Sazanami,Kimura,Kawai: "Sectoral Price Movement under the Yen Appreciation"Journal of the Japanese and International Economies. 11. 611-641 (1997)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] Kimura, Fukunari; Kawai, Hiroaki; and Tanaka, Iwao: "Naigai Kakaku-sa to Boueki Shouheki : Kakaku Deeta wo Mochiita Bunseki (Price Differentials and Trade Barriers : Analysis of Price Data)."Mita Gakkai Zasshi (Mita Journal of Economics). 89, No. 2 (In Japanese). 85-100 (1996)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] Kimura, Fukunari and the Study Group of the Economic Research Institute, Economic Planning Agency, Government of Japan: "Kawase Zouka no Keizai Kouka no Kenkyuu (Economic Effects of Yen Appreciation : A Sectoral Approach)"Keizai Kenkyuu (The Economic Analysis). No. 148 (In Japanese with English abstract). 1-57 (1997)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] Kawai, Hiroki: "Naigai Kakaku-sa Zesei no Koyou Kouka (The Employment Effects of the Removal of Internal-External Price Differentials)"Nihon Roudou Kenkyuu Zasshi. No. 446. 10-21 (1997)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] Sazanami, Yoko; Kimura, Fukunari; and Kawai, Hiroki: "Sectoral Price Movements under the Yen Appreciation"Journal of the Japanese and International Economies. 11. 611-641 (1997)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      1998 Final Research Report Summary
  • [Publications] 木村・河井・田中: "為替変動に対する日本企業の価格行動に関する調査研究" 財団法人産業研究所. 268 (1995)

    • Related Report
      1998 Annual Research Report
  • [Publications] 佐々波 楊子: "内外価格差と貿易保護のコスト" やさしい経済学. (1995)

    • Related Report
      1998 Annual Research Report
  • [Publications] 佐々波・木村・河井: "Sectoral Price Movements Under the Yen Appreciation" Journal of the Japanese and International Economies. 611-641 (1997)

    • Related Report
      1998 Annual Research Report
  • [Publications] 木村・河井・田中: "内外価格差と貿易障壁:価格データを用いた実証分析" 三田学会雑誌. 89巻・2号. 85-100 (1996)

    • Related Report
      1997 Annual Research Report
  • [Publications] 木村,福成(他): "為替増価の経済効果の研究" 経済分析. 148. 1-57 (1997)

    • Related Report
      1997 Annual Research Report
  • [Publications] 佐々波・木村・河井: "Sectoral Price Movements Under the Yen Appreciation" Journal of the Japanese and International Economies. 11. 611-641 (1997)

    • Related Report
      1997 Annual Research Report
  • [Publications] 佐々波楊子,木村福成: "為替変動に対する日本企業の価格行動に関する調査研究" 財団法人 産業研究所 報告書. 268 (1995)

    • Related Report
      1997 Annual Research Report
  • [Publications] 佐々波楊子・木村福成・河井啓希: "Sectoral Price Movements Under the Yen Appreciation" Journal of the Japanese and International Economics. 予定 (1997)

    • Related Report
      1996 Annual Research Report
  • [Publications] 木村福成・河井啓希・田中 厳: "内外価格差と貿易障壁:価格データを用いた実証分析" 三田学会雑誌. 89巻2号. 85-100 (1996)

    • Related Report
      1996 Annual Research Report
  • [Publications] 木村福成(共同執筆): "為替変動と産業構造変化に関する研究" 経済研究. 予定 (1997)

    • Related Report
      1996 Annual Research Report
  • [Publications] 木村福成・佐々波楊子: "為替変動に対する日本企業の価格行動に関する調査研究" 財団法人産業研究所報告書. (1995)

    • Related Report
      1996 Annual Research Report
  • [Publications] 佐々波楊子・浦田秀次郎・河井啓希 著 木村福成 解説: "内外価格差の経済学" 東洋経済新報社, 157 (1996)

    • Related Report
      1996 Annual Research Report

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Published: 1996-04-01   Modified: 2016-04-21  

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