International dynamic macroeconomics analysis on the industrial structure and business activity

• Project/Area Number: 16K03624
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: Kobe University
• Principal Investigator: Hashimoto Ken-ichi 神戸大学, 経済学研究科, 准教授 (70403219)
• Project Period (FY): 2016-04-01 – 2021-03-31
• Project Status: Completed (Fiscal Year 2020)
• Budget Amount: ¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000); Fiscal Year 2019: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000); Fiscal Year 2018: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000); Fiscal Year 2017: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000); Fiscal Year 2016: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
• Keywords: 国際マクロ動学

Outline of Final Research Achievements

I investigate the dynamic international macro model with endogenous employment and international firm relocation. In this framework, the effects of international relocation of firms’ activities and production factors are examined. In particular, focusing on the properties of the dynamics, I have derived policy implications on macroeconomic variables (consumption, GDP, and employment rate).

Academic Significance and Societal Importance of the Research Achievements

本研究では生産拠点の変化を導入した国際マクロ動学理論モデルにおいて、国際間の企業移動にともなった産業構造の変化があるもとで、経済政策・貿易政策が、自国および対外諸国のマクロ変数や経済成長にどのような効果を及ぼすかを分析し、均衡の性質を明らかにするものであった。本研究の理論的考察から、GDPや社会厚生に影響を与えるような政策的インプリケーションが導出されており、政府の経済政策の効果検証に役立てられるものと考える。

Research Products

• [Journal Article] 関税政策、産業集積、生産性の内生的成長 (2021)
  • Author(s): デービス コーリン, 橋本 賢一
  • Journal Title: 国民経済雑誌 Volume: 223 Pages: 61-74
• [Journal Article] Import Competition and Industry Location in a Small-Country Model of Productivity Growthport (2021)
  • Author(s): Davis, Colin and Ken-ichi Hashimoto
  • Journal Title: Review of Internationa Economics Volume: forthcoming Issue: 4 Pages: 1-19
  • DOI: 10.1111/roie.12535
  • Peer Reviewed
• [Journal Article] Financial Destabilization (2021)
  • Author(s): Ken-ichi Hashimoto, Ryonghun Im, Takuma Kunieda, Akihisa Shibata
  • Journal Title: Discussion Paper, Institute of Social and Economic Research, Osaka University Volume: 1118 Pages: 1-31
  • NAID: 40022516231
• [Journal Article] Asset Bubbles, Unemployment, and a Financial Crisis (2020)
  • Author(s): Ken-ichi Hashimoto, Ryonghun Im, Takuma Kunieda
  • Journal Title: Journal of Macroeconomics Volume: 103212 Pages: 103212-103212
  • DOI: 10.1016/j.jmacro.2020.103212
  • Peer Reviewed / Int'l Joint Research
• [Journal Article] A simple aggregate demand analysis with dynamic optimization in a small open economy (2020)
  • Author(s): Hashimoto Ken-ichi、Ono Yoshiyasu
  • Journal Title: Economic Modelling Volume: 91 Pages: 89-99
  • DOI: 10.1016/j.econmod.2020.04.019
  • NAID: 40022347383
  • Peer Reviewed
• [Journal Article] Structural Unemployment, Underemployment, and Secular Stagnation (2020)
  • Author(s): Ken-ichi Hashimoto, Yoshiyasu Ono, Matthias Schlegl
  • Journal Title: CESifo Working Paper Volume: 8318 Pages: 1-51
  • NAID: 40022347535
• [Journal Article] Asset Bubbles, Unemployment, and Financial Market Frictions (2020)
  • Author(s): Ken-ichi Hashimoto, Ryonghun Im, Takuma Kunieda, Akihisa Shibata
  • Journal Title: Discussion Paper, Institute of Social and Economic Research, Osaka University Volume: 1096 Pages: 1-51
  • NAID: 40022501416
• [Journal Article] Demographic Structure, Knowledge Diffusion, and Endogenous Productivity Growth (2020)
  • Author(s): Colin Davis, Ken-ichi Hashimoto, Ken Tabata
  • Journal Title: Discussion Paper, Institute of Social and Economic Research, Osaka University Volume: 1113 Pages: 1-51
  • NAID: 40022512500
• [Journal Article] Innovators and Imitators in a World Economy (2020)
  • Author(s): Tetsugen Haruyama and Ken-ichi Hashimoto
  • Journal Title: Journal of Economics Volume: - Issue: 2 Pages: 1-30
  • DOI: 10.1007/s00712-019-00688-2
  • Peer Reviewed
• [Journal Article] Consumption Function and Keynesian Cross under Dynamic Optimization (2019)
  • Author(s): Ken-ichi Hashimoto and Yoshiyasu Ono
  • Journal Title: Review of Keynesian Studies Volume: 1 Pages: 135-156
  • NAID: 130007999423
  • Peer Reviewed
• [Journal Article] Productivity Growth, Industry Location Patterns, and Labor Market Frictions (2019)
  • Author(s): Colin Davis and Ken-ichi Hashimoto
  • Journal Title: Discussion Paper No. 1052, Institute of Social and Economic Research, Osaka University Volume: 1052 Pages: 1-34
  • NAID: 40022347270
  • Open Access
• [Journal Article] Innovation Offshoring with Fully Endogenous Growth (2019)
  • Author(s): Colin Davis and Ken-ichi Hashimoto
  • Journal Title: Discussion Paper No. 1055, Institute of Social and Economic Research, Osaka University Volume: 1055 Pages: 1-41
  • NAID: 40022347284
  • Open Access
• [Journal Article] A Simple Aggregate Demand Analysis with Dynamic Optimization in A Small Open Economy (2019)
  • Author(s): Ken-ichi Hashimoto and Yoshiyasu Ono
  • Journal Title: Discussion Paper No. 1061, Institute of Social and Economic Research, Osaka University Volume: 1061 Pages: 1-26
  • NAID: 40022347383
  • Open Access
• [Journal Article] Import Competition and Industry Location in a Small-Country Model of Productivity Growth (2019)
  • Author(s): Colin Davis and Ken-ichi Hashimoto
  • Journal Title: Discussion Paper No. 1066, Institute of Social and Economic Research, Osaka University Volume: 1066 Pages: 1-27
  • Open Access
• [Journal Article] Asset Bubbles, Labour-market Frictions, and R&D-based Growth (2018)
  • Author(s): Ken-ichi Hashimoto and Ryonghun Im
  • Journal Title: Canadian Journal of Economics Volume: 52 (2) Issue: 2 Pages: 822-846
  • DOI: 10.1111/caje.12384
  • Peer Reviewed
• [Journal Article] Corporate Tax Policy and Industry Location with Fully Endogenous Productivity Growth (2018)
  • Author(s): Davis, Colin and Hashimoto, Ken-ichi
  • Journal Title: Economic Inquiry Volume: 56 Issue: 2 Pages: 1136-1148
  • DOI: 10.1111/ecin.12521
  • Peer Reviewed
• [Journal Article] Asset Bubbles, Unemployment and a Financial Crisis (2017)
  • Author(s): Hashimoto, Ken-ichi, Im, Ryonghun, and Kunieda, Takuma
  • Journal Title: Discussion Paper Series 156, School of Economics, Kwansei Gakuin University Volume: - Pages: 1-44
  • Open Access / Acknowledgement Compliant
• [Journal Article] Demographic Change, Human Capital Accumulation and R&D-based Growth," Canadian Journal of Economics (2016)
  • Author(s): Hashimoto, Ken-ichi and Tabata, Ken
  • Journal Title: Canadian Journal of Economics Volume: 49 (2) Issue: 2 Pages: 707-737
  • DOI: 10.1111/caje.12211
  • Peer Reviewed
• [Journal Article] Bubbles and unemployment in an endogenous growth model (2016)
  • Author(s): 任龍フン、橋本賢一
  • Journal Title: Oxford Economic Papers Volume: 68 Issue: 4 Pages: 1084-1106
  • DOI: 10.1093/oep/gpw032
  • Peer Reviewed / Acknowledgement Compliant
• [Journal Article] Asset bubbles, labor-market frictions, and R&D-based growth (2016)
  • Author(s): Hashimoto, Ken-ichi and Im, Ryonghun
  • Journal Title: Discussion Paper Series No. 1642, Graduate School of Economics, Kobe University Volume: - Pages: 1-34
  • Open Access / Acknowledgement Compliant
• [Journal Article] Innovation and Manufacturing Offshoring with Fully Endogenous Productivity Growth (2016)
  • Author(s): Davis, Colin and Hashimoto, Ken-ichi
  • Journal Title: Discussion Paper Series No. 1636, Graduate School of Economics, Kobe University Volume: - Pages: 1-34
  • Open Access / Acknowledgement Compliant
• [Presentation] Structural unemployment, underemployment, and secular stagnation (2020)
  • Author(s): 橋本賢一
  • Organizer: サーチ理論研究会・六甲フォーラム
• [Presentation] Structural unemployment, underemployment, and secular stagnation (2020)
  • Author(s): 橋本賢一
  • Organizer: 東北大学 現代経済学研究会
• [Presentation] Productivity Growth, Industry Location Patterns, and Labor Market Frictions (2019)
  • Author(s): 橋本賢一
  • Organizer: 日本経済学会 2019年度 春季大会
• [Presentation] Asset bubbles, labor market frictions and R&D-based growth (2016)
  • Author(s): 橋本賢一
  • Organizer: 日本経済学会
  • Place of Presentation: 早稲田大学 (東京都)
• [Remarks] RoMacS Workshop VI 『マクロ動学分析』
  • URL: https://romacs.github.io/docs/workshop_VI_20200218chukyo.pdf