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Dynamic Analysis of Non-market Sector in Growth Models

Research Project

Project/Area Number 22530173
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field Economic theory
Research InstitutionTohoku University

Principal Investigator

HU Yunfang  東北大学, 大学院・国際文化研究科, 准教授 (30379466)

Co-Investigator(Kenkyū-buntansha) MINO Kazuo  京都大学, 経済研究所, 教授 (00116675)
Project Period (FY) 2010 – 2012
Project Status Completed (Fiscal Year 2012)
Budget Amount *help
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2012: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2011: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2010: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywordsマクロ経済学 / 国際経済学 / 家庭内生産 / 財政政策 / 動学分析 / 経済成長 / 開放経済 / 貿易構造 / 人的資本 / 物的資本
Research Abstract

Production activities within households are substantial. In discussing the resource allocation between sectors and/or the effects of macroeconomic policies, it is important to incorporate the nonmarket home production activities. Building several growth models with nonmarket home production, we examine the model dynamics and long- and short-run policy impacts, such as, fiscal policies, on factor allocation, capital formation and current account. The main purpose is to elucidate the role nonmarket home production played in macro economies under closed and open economy environments. It is shown that both distortionary policies and the rate of substitution between market and home goods affect the dynamic behavior of the economy. As a result, introducing home production may alterthe effects of fiscal shocks on the key variables.

Report

(4 results)
  • 2012 Annual Research Report   Final Research Report ( PDF )
  • 2011 Annual Research Report
  • 2010 Annual Research Report
  • Research Products

    (23 results)

All 2013 2012 2011 2010

All Journal Article (7 results) (of which Peer Reviewed: 5 results) Presentation (16 results)

  • [Journal Article] Trade structure and belief-driven fluctuations in a global economy2013

    • Author(s)
      Yunfang Hu and Kazuo Mino
    • Journal Title

      Journal of International Economics

      Volume: (in press)

    • NAID

      120005302162

    • Related Report
      2012 Annual Research Report 2012 Final Research Report
    • Peer Reviewed
  • [Journal Article] Fiscal policy and home production in a dynamic open economy2013

    • Author(s)
      Yunfang Hu
    • Journal Title

      国際文化研究科論集

      Volume: 20 Pages: 115-129

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Fiscal policy and home production in a dynamic open economy2012

    • Author(s)
      Yunfang Hu
    • Journal Title

      国 際文化研究科論集

      Volume: 第20号 Pages: 115-129

    • Related Report
      2012 Final Research Report
    • Peer Reviewed
  • [Journal Article] Multiple Equilibria and Welfare Effects of Transfers in a Two-Country Dynamic General Equilibrium Model.2011

    • Author(s)
      Yunfang Hu and Koji Shimomura
    • Journal Title

      International Journal of Development and Conflict

      Volume: Vol. 1(3) Pages: 379-97

    • Related Report
      2012 Final Research Report
    • Peer Reviewed
  • [Journal Article] Financial Integration and Aggregate Stability.2011

    • Author(s)
      Yunfang Hu and Kazuo Mino
    • Journal Title

      数理 解析研究所講究録

      Volume: 1768 Pages: 11-30

    • Related Report
      2012 Final Research Report
  • [Journal Article] Financial Integration and Aggregate Stability2011

    • Author(s)
      Yunfang Hu, Kazuo Mino
    • Journal Title

      数理解析研究所講究録

      Volume: 1768 Pages: 11-30

    • Related Report
      2011 Annual Research Report
  • [Journal Article] Multiple Equilibria and Welfare Effects of Transfers in a Two-Country Dynamic General Equilibrium Model2011

    • Author(s)
      Yunfang Hu, Koji Shimomura
    • Journal Title

      International Journal of Development and Conflict

      Volume: 1(3) Pages: 379-397

    • Related Report
      2011 Annual Research Report
    • Peer Reviewed
  • [Presentation] Trade Pattern andStructural Change in a Small-OpenEconomy2013

    • Author(s)
      Yunfang Hu
    • Organizer
      KMSG 研究会
    • Place of Presentation
      大分大学
    • Related Report
      2012 Final Research Report
  • [Presentation] Fiscal Policy, HomeProduction and Growth Dynamics2013

    • Author(s)
      Yunfang Hu
    • Organizer
      The10th Biennial Pacific Rim Conference, WEAI
    • Place of Presentation
      慶応義塾大学
    • Related Report
      2012 Final Research Report
  • [Presentation] Trade Pattern and Structural Change in a Small-Open Economy2013

    • Author(s)
      Yunfang Hu
    • Organizer
      KMSG研究会
    • Place of Presentation
      大分
    • Related Report
      2012 Annual Research Report
  • [Presentation] Fiscal Policy, Home Production and Growth Dynamics2013

    • Author(s)
      Yunfang Hu
    • Organizer
      The 10th Biennial Pacific Rim Conference, WEAI
    • Place of Presentation
      東京
    • Related Report
      2012 Annual Research Report
  • [Presentation] Fiscal Policy, Home Production and Growth Dynamics2013

    • Author(s)
      Yunfang Hu
    • Organizer
      The 13th SAET Conference on Current Trends in Economics
    • Place of Presentation
      パリ、フランス
    • Related Report
      2012 Annual Research Report
  • [Presentation] Fiscal Policy in An Open Economy with Home Production2012

    • Author(s)
      Yunfang Hu
    • Organizer
      The Global Economy
    • Place of Presentation
      University of Washington,アメリカ
    • Year and Date
      2012-03-18
    • Related Report
      2010 Annual Research Report
  • [Presentation] Structural Change and Factor Allocation in an Open Economy2012

    • Author(s)
      Yunfang Hu
    • Organizer
      The Thailand-Japan Workshop on International Economy
    • Place of Presentation
      バンコク、タイ
    • Related Report
      2012 Annual Research Report 2012 Final Research Report
  • [Presentation] Trade Pattern and Structural Change in a Small-Open Economy2012

    • Author(s)
      Yunfang Hu
    • Organizer
      The 2012 Conference of theSociety of Public Economic Theory
    • Place of Presentation
      Taipei, Taiwan
    • Related Report
      2012 Final Research Report
  • [Presentation] Trade Pattern and Structural Change in a Small-Open Economy2012

    • Author(s)
      Yunfang Hu
    • Organizer
      The 2012 Conference of the Society of Public Economic Theory
    • Place of Presentation
      台北、台湾
    • Related Report
      2012 Annual Research Report
  • [Presentation] Multiple Equilibria and Welfare Effects of Transfers In a Two-Country Dynamic General Model2011

    • Author(s)
      Yunfang Hu
    • Organizer
      マクロ動学の非線形数理
    • Place of Presentation
      京都大学
    • Year and Date
      2011-08-30
    • Related Report
      2011 Annual Research Report
  • [Presentation] Dynamic Indeterminacy and Transfer Paradox2011

    • Author(s)
      Yunfang Hu
    • Organizer
      11th Conference of Society of Advance Economic Theory
    • Place of Presentation
      ファロ ポルトガル
    • Year and Date
      2011-06-29
    • Related Report
      2011 Annual Research Report
  • [Presentation] Globalization and Volatility under Alternative Trade Structures2011

    • Author(s)
      Kazuo Mino
    • Organizer
      19th Annual Symposium Society for NonlinearDynamics and Econometrics
    • Place of Presentation
      George Washington University, アメリカ
    • Year and Date
      2011-03-17
    • Related Report
      2012 Final Research Report
  • [Presentation] Dynamic Indeterminacy and Transfer Paradox2011

    • Author(s)
      Yunfang Hu
    • Organizer
      The 9th Biennial Pacific Rim Conference, WEAI
    • Place of Presentation
      Brisbane,Australia
    • Related Report
      2012 Final Research Report
  • [Presentation] Dynamic Indeterminacy and Transfer Paradox2011

    • Author(s)
      Yunfang Hu
    • Organizer
      The 2011Conference of Society for the Advancementof Economic Theory
    • Place of Presentation
      Ancao (Faro), Portugal
    • Related Report
      2012 Final Research Report
  • [Presentation] Analysis of Fiscal Shocks in a Small-Open Economy with Home Production2010

    • Author(s)
      Yunfang Hu
    • Organizer
      DEGIT (Dynamics, Economic Growth, and International Trade)Conference
    • Place of Presentation
      GoetheUniversity, ドイツ
    • Year and Date
      2010-09-03
    • Related Report
      2012 Final Research Report
  • [Presentation] Trade Liberalization andSpecialization with Endogenous Physical and Human Capital2010

    • Author(s)
      Yunfang Hu
    • Organizer
      The 2010 Taipei International Conference on Growth, Tradeand Dynamics
    • Place of Presentation
      台北、台湾
    • Year and Date
      2010-06-17
    • Related Report
      2012 Final Research Report

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Published: 2010-08-23   Modified: 2019-07-29  

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