International trade, FDI, and policies based on heterogeneities of firms
| Project/Area Number |
20730169
|
|---|
| Research Category |
Grant-in-Aid for Young Scientists (B)
|
| Allocation Type | Single-year Grants |
|---|
| Research Field |
Applied economics
|
|---|
| Research Institution | Tohoku Gakuin University |
|---|
Principal Investigator |
KURATA Hiroshi Tohoku Gakuin University, 経済学部, 准教授 (60411245)
|
|---|
| Project Period (FY) |
2008 – 2010
|
| Project Status |
Completed (Fiscal Year 2010)
|
| Budget Amount *help |
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2010: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2009: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2008: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
|
|---|
| Keywords | 不完全競争 / 企業立地 / 海外直接投資 / サービス産業 / 国際貿易 / 人為的低金利政策 / 企業の異質性 |
|---|
| Research Abstract |
We investigate whether patterns of trade and foreign direct investment are efficient from the economic welfare point of view in the situation with heterogeneity of firms, and whether policies creating heterogeneity of firms improve economic welfare. In the case where intrinsic costs and market sizes are different between countries or regions, the pattern of foreign direct investment is efficient from the welfare point of view. As a policy creating the heterogeneity of firms, we focus on the artificially low interest rate policy. We demonstrate that it can improve economic welfare if the interest rate ceiling entails a rationing rule distributing funds to the export-oriented industries.
|
Report
(4 results)
Research Products
(10 results)
