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A consideration of long-term economic dynamics after great earthquake based on the model with multiple equilibria

Research Project

Project/Area Number 15K03448
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionKokugakuin University (2017-2019)
Tohoku Gakuin University (2015-2016)

Principal Investigator

Hosoya Kei  國學院大學, 経済学部, 教授 (40405890)

Project Period (FY) 2015-04-01 – 2020-03-31
Project Status Completed (Fiscal Year 2019)
Budget Amount *help
¥3,900,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥900,000)
Fiscal Year 2019: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2018: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2017: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2016: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2015: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Keywords東日本大震災 / 復興プロセス / 複数長期均衡 / 期待のコーディネーション / 均衡間格差の縮小
Outline of Final Research Achievements

This study attempts a unique approach to economic recovery from the Great East Japan Earthquake and Tsunami using the macro-dynamic models and several related numerical analyses. The focus of this study is as follows: the long-term equilibrium of regional macroeconomy in the affected area may be significantly vary depending on differences in the content of recovery policies and their effects to the recovery process, and differences in the way of people's preference formation. Relying mainly on newly developed models with multiple equilibria, we comprehensively grasp the characteristics of equilibrium dynamics and evaluate the situation in case that is particularly superior from the viewpoint of per capita income growth rates. From the findings, we would like to clarify what is effective for economic recovery from the Great East Japan Earthquake and Tsunami.

Academic Significance and Societal Importance of the Research Achievements

当初目標としていた特徴を備えた複数均衡モデルの構築に成功した。この基盤的モデルは今後の研究においても活用が期待できる。複数均衡モデルの検討を通じて,「より良い復興」を達成するための基本的指針が明らかになった。特に復興政策のギアチェンジのタイミングが重要である。加えて,復興を速めるための重要なヒントもいくつか得られた。とはいえ,ほぼ完全な復興には,約一世代を要するため,ゆとりある心構えで復興に取り組むことが大事である。研究期間後期に行った内生的時間選好率関数を実装した理論研究でも興味深い成果が得られた。このことは,研究代表者が今後も継続する震災研究にとって大きな役割を果たすことが期待される。

Report

(6 results)
  • 2019 Annual Research Report   Final Research Report ( PDF )
  • 2018 Research-status Report
  • 2017 Research-status Report
  • 2016 Research-status Report
  • 2015 Research-status Report
  • Research Products

    (16 results)

All 2018 2017 2016 2015

All Journal Article (9 results) (of which Peer Reviewed: 4 results,  Open Access: 4 results,  Acknowledgement Compliant: 4 results) Presentation (3 results) (of which Invited: 1 results) Book (4 results)

  • [Journal Article] Importance of a Victim-Oriented Recovery Policy after Major Disasters2018

    • Author(s)
      Hosoya, Kei(細谷 圭)
    • Journal Title

      Economic Modelling

      Volume: 印刷中 Pages: 1-10

    • DOI

      10.1016/j.econmod.2018.09.011

    • Related Report
      2019 Annual Research Report 2018 Research-status Report
    • Peer Reviewed
  • [Journal Article] 大学院への(での)マクロ経済分析道具箱(2)2018

    • Author(s)
      細谷 圭
    • Journal Title

      国学院経済学

      Volume: 67(1) Pages: 229-254

    • NAID

      120006842623

    • Related Report
      2018 Research-status Report
  • [Journal Article] 大学院への(での)マクロ経済分析道具箱(2)2018

    • Author(s)
      細谷 圭
    • Journal Title

      mimeo(『国学院経済学』へ投稿中)

      Volume: 未定 Pages: 21-21

    • NAID

      120006842623

    • Related Report
      2017 Research-status Report
  • [Journal Article] Accounting for Growth Disparity: Lucas's Framework Revisited2017

    • Author(s)
      Hosoya, Kei (細谷 圭)
    • Journal Title

      Review of Development Economics

      Volume: 21(3) Issue: 3 Pages: 874-887

    • DOI

      10.1111/rode.12297

    • Related Report
      2017 Research-status Report 2016 Research-status Report
    • Peer Reviewed
  • [Journal Article] Seeking a Better Recovery Process from Major Natural Disasters: A Lesson from Several Growth Models with Multiple Equilibria2017

    • Author(s)
      Hosoya, Kei (細谷 圭)
    • Journal Title

      Theoretical Economics Letters

      Volume: 7(5) Issue: 05 Pages: 1532-1544

    • DOI

      10.4236/tel.2017.75103

    • Related Report
      2017 Research-status Report
    • Peer Reviewed / Open Access
  • [Journal Article] Seeking a Better Recovery Process from Major Natural Disasters: A Lesson from Several Growth Models with Multiple Equilibria2016

    • Author(s)
      Hosoya, Kei (細谷 圭)
    • Journal Title

      TGU-ECON Discussion Paper Series

      Volume: #2016-2 Pages: 1-16

    • Related Report
      2016 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] Recovery from Natural Disaster: A Numerical Investigation Based on the Convergence Approach2016

    • Author(s)
      Hosoya, Kei (細谷 圭)
    • Journal Title

      Economic Modelling

      Volume: Vol. 55 Pages: 410-420

    • DOI

      10.1016/j.econmod.2016.02.029

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Acknowledgement Compliant
  • [Journal Article] 大学院への(での)マクロ経済分析道具箱(1)2015

    • Author(s)
      細谷 圭
    • Journal Title

      東北学院大学経済学論集

      Volume: No. 185 Pages: 87-99

    • NAID

      40020703846

    • Related Report
      2015 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] Importance of a Victim-Oriented Recovery Policy after Major Disasters2015

    • Author(s)
      Hosoya, Kei (細谷 圭)
    • Journal Title

      TGU-ECON Discussion Paper Series

      Volume: #2015-3 Pages: 1-19

    • Related Report
      2015 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Presentation] 大学院への(での)マクロ経済分析道具箱(2)2018

    • Author(s)
      細谷 圭
    • Organizer
      2018浅研みなかみコンファレンス
    • Related Report
      2017 Research-status Report
  • [Presentation] Seeking a Better Recovery Process from Major Natural Disasters: A Lesson from Several Growth Models with Multiple Equilibria2017

    • Author(s)
      細谷 圭
    • Organizer
      國學院大學経済学会研究会
    • Related Report
      2017 Research-status Report
  • [Presentation] 所得格差と健康2017

    • Author(s)
      細谷 圭
    • Organizer
      一橋大学大学院経済学研究科
    • Related Report
      2017 Research-status Report
    • Invited
  • [Book] 医療経済学15講2018

    • Author(s)
      細谷 圭・増原 宏明・林 行成
    • Total Pages
      290
    • Publisher
      新世社
    • ISBN
      9784883842841
    • Related Report
      2018 Research-status Report
  • [Book] 日本経済論2017

    • Author(s)
      宮川努・細野薫・細谷圭・川上淳之
    • Total Pages
      268
    • Publisher
      中央経済社
    • ISBN
      9784502218910
    • Related Report
      2017 Research-status Report
  • [Book] 日本経済論2017

    • Author(s)
      宮川努・細野薫・細谷圭・川上淳之〔著〕
    • Total Pages
      268
    • Publisher
      中央経済社
    • Related Report
      2016 Research-status Report
  • [Book] ケインズ全集 第14巻 一般理論とその後:第Ⅱ部 弁護と発展2016

    • Author(s)
      ドナルド・モグリッジ〔編〕/清水啓典・柿原和夫・細谷圭〔訳〕
    • Total Pages
      676
    • Publisher
      東洋経済新報社
    • Related Report
      2015 Research-status Report

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Published: 2015-04-16   Modified: 2021-02-19  

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