| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2019: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2018: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2017: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Outline of Annual Research Achievements |
Our main research achievements are as follows:(i) First, using Japanese firm-level data we calculated export and FDI entry and exit statistics, and conducted empirical analysis. We found that trade costs (proxied by distance) shape Japanese firm's outward FDI activity in addition to learning by exporting and productivity channels. We proposed a theoretical model suggesting that trade costs limit firms' ability to reveal the foreign market demand. In addition, we analyzed how past export experience and future expectations of intra-firm trade affect the decision of FDI entry by Japanese firms. We found that both channels play important role in explaining the dynamics in outward activities of Japanese firms,(ii) Second, using extended OECD inter-country input-output tables we computed trade in value added (TiVA) indicators to examine the participation of Japanese manufacturing plants in GVCs. We found that some industries in Japan’s manufacturing sector have been losing competitiveness and forward linkages may be weakening. We concluded that Japanese firms may benefit less from foreign final demand.(iii) Third, we investigated, both theoretically and empirically, the role of technology level in Global Value Chain (GVC) formation from two aspects: position and participation volume. We developed a simple multi-country model where countries are heterogeneous with respect to their technology level and labor force. We conducted an empirical analysis using World Input-Output Database (WIOD) for the period from 1995 to 2011 to confirm our hypotheses.
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