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Development and Applications of an Applied General Equilibrium Model of Global Trade with a Public System that Partially Subsidizes the Fixed Costs of Private Firms

Research Project

Project/Area Number 15K03497
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionInstitute of Developing Economies, Japan External Trade Organization

Principal Investigator

Oyamada Kazuhiko  独立行政法人日本貿易振興機構アジア経済研究所, 開発研究センター 経済モデル研究グループ, 研究グループ長代理 (30450521)

Co-Investigator(Kenkyū-buntansha) 内田 陽子  独立行政法人日本貿易振興機構アジア経済研究所, 開発研究センター 経済モデル研究グループ, 研究員 (20450520)
Research Collaborator ITAKURA Ken  
Project Period (FY) 2015-04-01 – 2019-03-31
Project Status Completed (Fiscal Year 2018)
Budget Amount *help
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2017: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2016: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2015: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywords応用一般均衡分析 / 企業の異質性 / 貿易利益 / 多様性選好 / 公的支出 / 応用一般均衡モデル / GAMS / GEMPACK
Outline of Final Research Achievements

The purpose of this research was to develop an applied general equilibrium (AGE) model of global trade that explicitly includes mechanisms through which public services financed by tax revenues reduce the fixed-cost burden for business operations. Since we had to cope with several serious problems, the outcome remains limited to show some behavioral characteristics of AGE models that consider the Melitz (2003) type production/sales system with heterogeneous firms: the extra adjustment margin in the models with heterogeneous firms does not always enhance effectiveness of a trade-related policy change more than the level predicted by those with homogeneous firms when the agents' preference for variety is weaker than that assumed in the theory, and the efficiency-enhancing effects of smoother substitution between existing varieties of commodity enabled by an additional variety work more effectively than the cost-reduction effects of quality adjustments through intermediate transactions.

Academic Significance and Societal Importance of the Research Achievements

国際貿易論における「Melitz型の異質な企業群による生産活動を考慮することが、果たして貿易利得を拡大することに貢献するのか」という論争、および経済地理学におけるバイブルとなっているFujita, Krugman, and Venables (2000)が指摘した「中間投入ネットワークを通じた前方連関効果」のそれぞれに新しい角度から光を当てた。

Report

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

    (29 results)

All 2019 2018 2017 2016 2015 Other

All Journal Article (6 results) (of which Int'l Joint Research: 1 results,  Peer Reviewed: 2 results,  Open Access: 5 results) Presentation (20 results) (of which Int'l Joint Research: 18 results,  Invited: 1 results) Remarks (3 results)

  • [Journal Article] Is FTA/EPA Effective for a Developing Country to Attract FDI? The Knowledge‐Capital Model Revisited2019

    • Author(s)
      Kazuhiko Oyamada
    • Journal Title

      The World Economy

      Volume: 42 Issue: 3 Pages: 759-784

    • DOI

      10.1111/twec.12738

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed
  • [Journal Article] How Does BREXIT Affect Production Patterns of Multinational Enterprises?2018

    • Author(s)
      Kazuhiko Oyamada
    • Journal Title

      IDE Discussion Paper

      Volume: 690 Pages: 1-19

    • Related Report
      2017 Research-status Report
    • Open Access
  • [Journal Article] The welfare and sectoral adjustment effects of mega-regional trade agreements on ASEAN countries2018

    • Author(s)
      Lee Hiro、Itakura Ken
    • Journal Title

      Journal of Asian Economics

      Volume: 55 Pages: 20-32

    • DOI

      10.1016/j.asieco.2017.09.001

    • Related Report
      2017 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Production Patterns of Multinational Enterprises: The Knowledge-Capital Model Revisited2017

    • Author(s)
      Kazuhiko Oyamada
    • Journal Title

      IDE Discussion Paper

      Volume: 674 Pages: 1-49

    • Related Report
      2017 Research-status Report
    • Open Access
  • [Journal Article] Whither the ASEAN Economic Community in 2025--2035?2017

    • Author(s)
      Ken Itakura
    • Journal Title

      Urata, and Ponciano S. Intal, Jr. eds., The ASEAN Economic Community Into 2025 and Beyond

      Volume: 5 Pages: 222-244

    • Related Report
      2017 Research-status Report
    • Open Access
  • [Journal Article] Evaluating the Asian International Input-Output Table in Comparison with the Three Major Multiregional Input-Output Tables2017

    • Author(s)
      Yoko Uchida and Kazuhiko Oyamada
    • Journal Title

      IDE Discussion Paper

      Volume: 663 Pages: 1-23

    • Related Report
      2016 Research-status Report
    • Open Access
  • [Presentation] Export, Horizontal FDI, or Export Platform FDI with Heterogeneous Firms2018

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      21st Annual Conference on Global Economic Analysis, EcoMod 2018 International Conference on Economic Modeling, ETSG2018 European Trade Study Group
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Evaluating the Asian International Input-Output Table in Comparison with the Three Major Multiregional Input-Output Tables2018

    • Author(s)
      Yoko Uchida
    • Organizer
      21st Annual Conference on Global Economic Analysis
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] CGE Simulation of the ASEAN Economic Community and RCEP under Long-term Productivity Scenarios2018

    • Author(s)
      Ken Itakura
    • Organizer
      21st Annual Conference on Global Economic Analysis
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] How Does BREXIT Affect Production Patterns of Multinational Enterprises?2017

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      XIII Economic Policy International Conference
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Behavioral Characteristics of Applied General Equilibrium Models with Variable Elasticity of Substitution between Varieties from Different Sources2017

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      20th Annual Conference on Global Economic Analysis
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Behavioral Characteristics of Applied General Equilibrium Models with Variable Elasticity of Substitution between Varieties from Different Sources2017

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      International Conference on Economic Modeling (EcoMod2017)
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Behavioral Characteristics of Applied General Equilibrium Models with Variable Elasticity of Substitution between Varieties from Different Sources2017

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      日本経済学会2017年秋季大会
    • Related Report
      2017 Research-status Report
  • [Presentation] Behavioral Characteristics of Applied General Equilibrium Models with Variable Elasticity of Substitution between Varieties from Different Sources2017

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      European Trade Study Group (ETSG2017)
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Estimating the Knowledge-Capital Model in a Four-Country Framework: Evidence from Japanese Multinational Firms2017

    • Author(s)
      Yoko Uchida
    • Organizer
      20th Annual Conference on Global Economic Analysis
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] The Welfare and Sectoral Adjustment Effects of Mega-Regional Trade Agreements on ASEAN Countries2017

    • Author(s)
      Ken Itakura
    • Organizer
      4th International Conference on Korea Trade
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research / Invited
  • [Presentation] Effect of Non-Tariff Measures as Fixed Costs on Trade and Welfare: A Case of ASEAN Countries2017

    • Author(s)
      Ken Itakura
    • Organizer
      76th Annual Meeting of the Japan Society of International Economics
    • Related Report
      2017 Research-status Report
  • [Presentation] Ponder the Difference Between the Trade Specifications in a CGE Model: AKME Module and Import Sourcing2017

    • Author(s)
      Ken Itakura
    • Organizer
      20th Annual Conference on Global Economic Analysis
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Analyses on How NTMs Affect Trade in Goods and Welfare in ASEAN2017

    • Author(s)
      Ken Itakura
    • Organizer
      Workshop of ERIA-UNCTAD: NTMs in ASEAN
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Is FTA/EPA Effective for a Developing Country to Attract FDI? The Knowledge-Capital Model Revisited2016

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      EcoMod 2016 International Conference on Economic Modeling
    • Place of Presentation
      Lisbon School of Economics & Management, Portugal
    • Year and Date
      2016-07-08
    • Related Report
      2016 Research-status Report
    • Int'l Joint Research
  • [Presentation] Is FTA/EPA Effective for a Developing Country to Attract FDI? The Knowledge-Capital Model Revisited2016

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      19th Annual Conference on Global Economic Analysis
    • Place of Presentation
      World Bank, United States
    • Year and Date
      2016-06-17
    • Related Report
      2016 Research-status Report
    • Int'l Joint Research
  • [Presentation] Trade Response of Armington-Krugman-Melitz Encompassing Module in a CGE Model: Case of the Trans- Pacific Partnership Agreement2016

    • Author(s)
      Ken Itakura
    • Organizer
      19th Annual Conference on Global Economic Analysis
    • Place of Presentation
      World Bank, United States
    • Year and Date
      2016-06-17
    • Related Report
      2016 Research-status Report
    • Int'l Joint Research
  • [Presentation] Simulation Analysis of EU ELV/RoHS Directives Based on an Applied General Equilibrium Model with Melitz-type Trade Specification2015

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      EcoMod 2015 International Conference on Economic Modeling
    • Place of Presentation
      Boston Colledge, United States
    • Year and Date
      2015-07-15
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Examining Trade Response of Armington-Krugman-Melitz Encompassing Module in a CGE Model2015

    • Author(s)
      Ken Itakura
    • Organizer
      EcoMod 2015 International Conference on Economic Modeling
    • Place of Presentation
      Boston Colledge, United States
    • Year and Date
      2015-07-15
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Simulation Analysis of EU ELV/RoHS Directives Based on an Applied General Equilibrium Model with Melitz-type Trade Specification2015

    • Author(s)
      Kazuhiko Oyamada
    • Organizer
      18th Annual Conference on Global Economic Analysis
    • Place of Presentation
      Melbourne Convention Centre, Australia
    • Year and Date
      2015-06-17
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Examining Trade Response of Armington-Krugman-Melitz Encompassing Module in a CGE Model2015

    • Author(s)
      Ken Itakura
    • Organizer
      18th Annual Conference on Global Economic Analysis
    • Place of Presentation
      Melbourne Convention Centre, Australia
    • Year and Date
      2015-06-17
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Remarks] IDE-JETRO Researchers: OYAMADA Kazuhiko

    • URL

      http://www.ide.go.jp/English/Researchers/oyamada_kazuhiko_en.html

    • Related Report
      2018 Annual Research Report 2017 Research-status Report
  • [Remarks] IDE-JETRO Researchers: UCHIDA Yoko

    • URL

      http://www.ide.go.jp/English/Researchers/uchida_yoko_en.html

    • Related Report
      2018 Annual Research Report 2017 Research-status Report
  • [Remarks] 名古屋市立大学経済学研究科教員情報: 板倉健

    • URL

      http://www.econ.nagoya-cu.ac.jp/teachers/itakura-ken

    • Related Report
      2018 Annual Research Report 2017 Research-status Report

URL: 

Published: 2015-04-16   Modified: 2020-03-30  

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