| Budget Amount *help |
¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000)
Fiscal Year 2020: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
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| Outline of Final Research Achievements |
I theoretically have examined whether a US-Japan trade agreement would be beneficial as a buffer in the US-China trade war. To mitigate US protectionism, there is a “domestic pressure effect to suppress external pressure,” which results from Japanese protectionist political pressure to suppress the negative impacts of US tariff increases on Japan’s political support function, as well as a “free trade agreement (FTA) effect” in the US-Japan trade agreement. In the absence of a US-Japan trade agreement, both Japan and China’s political support functions decrease when the US raises tariffs. By contrast, when an FTA is signed between Japan and the US, an increase in US tariffs causes the Chinese political support function to decrease, while the Japanese political support function increases. The US-Japan trade agreement thus plays a role in mitigating the negative effects of the US-China trade war on Japan.
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