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Analysis of economic development and income inequality with dynamic trade models

Research Project

Project/Area Number 16K03626
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionKobe University

Principal Investigator

Iwasa Kazumichi  神戸大学, 経済経営研究所, 准教授 (00534596)

Co-Investigator(Kenkyū-buntansha) 趙 来勲  神戸大学, 経済経営研究所, 教授 (70261394)
Research Collaborator Ikeda Shinsuke  
Kamihigashi Takashi  
Nishimura Kazuo  
Project Period (FY) 2016-04-01 – 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 2018: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2017: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2016: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Keywords内生的時間選好 / 不決定性 / 所得格差 / 動学的貿易モデル / 生産技術の外部性 / 国際貿易論 / 動学的一般均衡モデル
Outline of Final Research Achievements

With decreasing marginal impatience based on empirical data, we show that immigration of poor households without asset yields an increase in capital stock in the host country, which results in improvement of all households' welfare levels in the long run.
We show that opening trade destabilizes the autarkic steady state in the sense that under free trade the welfare level of each country in the long run depends not only on economic fundamentals in each country, but also on households' expectations.

Academic Significance and Societal Importance of the Research Achievements

主観的割引率が一定であるとする従来のモデルでは得られない、移民の流入に関する新しい分析結果は、Brexitのような昨今台頭してきた一国主義的主張に重要な示唆を与え、その政策的な含意は非常に大きい。
2国2財2生産要素(資本と労働)の最も基本的な動学的貿易モデルを用いて、貿易の自由化が経済の安定性に及ぼす影響について理論的に分析し、従来の研究では不明瞭であった貿易の自由化が持つ安定性に対する負の側面を明らかにした。

Report

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

    (5 results)

All 2018 2017

All Journal Article (3 results) (of which Peer Reviewed: 1 results,  Open Access: 1 results) Presentation (2 results) (of which Int'l Joint Research: 1 results)

  • [Journal Article] Trade and indeterminacy revisited2018

    • Author(s)
      Iwasa Kazumichi、Nishimura Kazuo、Yano Makoto
    • Journal Title

      International Journal of Economic Theory

      Volume: 15 Issue: 1 Pages: 37-51

    • DOI

      10.1111/ijet.12205

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] 南北貿易モデルにおける不決定性の発生2018

    • Author(s)
      岩佐 和道
    • Journal Title

      国民経済雑誌

      Volume: 217(2)

    • NAID

      120006576471

    • Related Report
      2017 Research-status Report
  • [Journal Article] Inequalities and Patience in Catching up2017

    • Author(s)
      Kazumichi Iwasa, Laixun Zhao
    • Journal Title

      RIEB Discussion Paper Series

      Volume: ―

    • Related Report
      2016 Research-status Report
  • [Presentation] Inequalities and Patience in Catching Up2017

    • Author(s)
      Kazumichi Iwasa
    • Organizer
      17th SAET Conference on Current Trends in Economics
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Inequalities and Patience in Catching Up2017

    • Author(s)
      Kazumichi Iwasa
    • Organizer
      VGSE Macro Research Seminar
    • Related Report
      2017 Research-status Report

URL: 

Published: 2016-04-21   Modified: 2020-03-30  

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