Macroeconomic analysis of economic integration under uncertainty

• Project/Area Number: 25380285
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: National Graduate Institute for Policy Studies
• Principal Investigator: Hosoe Nobuhiro 政策研究大学院大学, 政策研究科, 准教授 (60313483)
• Project Period (FY): 2013-04-01 – 2016-03-31
• Project Status: Completed (Fiscal Year 2015)
• Budget Amount: ¥4,810,000 (Direct Cost: ¥3,700,000、Indirect Cost: ¥1,110,000); Fiscal Year 2015: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000); Fiscal Year 2014: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000); Fiscal Year 2013: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
• Keywords: 応用一般均衡分析 / 食料安全保障 / 貿易自由化 / 震災の経済学 / 複合災害 / 直接投資 / 電力市場分析 / 産業連関分析 / 海外直接投資

Outline of Final Research Achievements

I conducted a series of numerical policy simulation analyses with computable general equilibrium (CGE) models that quantify economic impact of various shocks, such as disasters, crop productivity, and a sharp fall of foreign direct investment and effects of policy interventions, such as trade liberalization. On top of these empirical simulation analyses, I reexamined the nature and behavior of CGE models in terms of data input (e.g., input-output tables) and assumptions about crucial parameters (e.g., elasticity of substitution).

Research Products

• [Int'l Joint Research] Universidad Complutense Madrid(Spain)
• [Journal Article] The Double Dividend of Agricultural Trade Liberalization: Consistency between National Food Security and Gains from Trade (2016)
  • Author(s): Hosoe, N.
  • Journal Title: Journal of Asian Economics Volume: 43 Pages: 27-36
  • DOI: 10.1016/j.asieco.2016.02.001
  • Peer Reviewed / Acknowledgement Compliant
• [Journal Article] The Role of Japanese FDI in China (2016)
  • Author(s): Latorre, M. C., Hosoe, N.
  • Journal Title: Journal of Policy Modeling Volume: 38(2) Issue: 2 Pages: 226-241
  • DOI: 10.1016/j.jpolmod.2016.02.003
  • Peer Reviewed / Int'l Joint Research / Acknowledgement Compliant
• [Journal Article] Computable General Equilibrium Assessment of a Compound Disaster in Northern Taiwan (2016)
  • Author(s): Huang, M. C., Hosoe, N.
  • Journal Title: Review of Urban & Regional Development Studies Volume: - Issue: 2 Pages: 89-106
  • DOI: 10.1111/rurd.12047
  • Peer Reviewed / Acknowledgement Compliant
• [Journal Article] 原子力発電所停止の影響と火力代替の効果 (2016)
  • Author(s): 細江宣裕
  • Journal Title: 馬奈木俊介（編著）『原発事故後のエネルギー供給からみる日本経済』,ミネルヴア書房 Volume: -
  • Acknowledgement Compliant
• [Journal Article] Estimation Errors in Input-Output Tables and Prediction Errors in Computable General Equilibrium Analysis (2014)
  • Author(s): Hosoe, N.
  • Journal Title: Economic Modelling Volume: 42 Pages: 277-286
  • DOI: 10.1016/j.econmod.2014.07.012
  • Peer Reviewed / Acknowledgement Compliant
• [Journal Article] How much can foreign multinationals affect the Chinese economy? A dynamic general equilibrium analysis of Japanese FDI (2014)
  • Author(s): Latorre, M. C., Hosoe, N.
  • Journal Title: GRIPS Discussion Paper Volume: 14-16 Pages: 1-20
  • Acknowledgement Compliant
• [Journal Article] Japanese Manufacturing Facing Post-Fukushima Power Crisis: a Dynamic Computable General Equilibrium Analysis with Foreign Direct Investment" (2014)
  • Author(s): Hosoe, N.
  • Journal Title: Applied Economics Volume: 46 Issue: 17 Pages: 2010-2020
  • DOI: 10.1080/00036846.2014.892198
  • Peer Reviewed
• [Journal Article] Estimation Errors in Input-Output Tables and Prediction Errors in Computable General Equilibrium Analysis (2013)
  • Author(s): Hosoe, N.
  • Journal Title: GRIPS Discussion Paper Volume: 13-19 Pages: 1-24
• [Journal Article] 産業連関表の推定誤差と応用一般均衡分析における予測誤差 (2013)
  • Author(s): 細江宣裕
  • Journal Title: GRIPS Discussion Paper Volume: 13-16 Pages: 1-24
• [Journal Article] 農産物輸入自由化の二重の配当-「食料安全保障」と「貿易の利益」の両立- (2013)
  • Author(s): 細江宣裕
  • Journal Title: TCER Working Paper Series Volume: J-10 Pages: 1-31
• [Journal Article] Japanese Manufacturing Facing the Power Crisis after Fukushima: A Dynamic Computable General Equilibrium Analysis with Foreign Direct Investment (2013)
  • Author(s): Hosoe, N.
  • Journal Title: GRIPS Discussion Paper Volume: 13-01 Pages: 1-32
• [Presentation] A Dynamic Recursive Computable General Equilibrium Approach to Estimate the Secondary Impacts of the 2009 American Reinvestment and Recovery Act"A Dynamic Recursive Computable General Equilibrium Approach to Estimate the Secondary Impacts of the 2009 American Reinvestment and Recovery Act (2014)
  • Author(s): Gelso, B. R., Hosoe, N.
  • Organizer: 84th Annual Meetings of Southern Economic Association
  • Place of Presentation: Atlanta Marriott Marquis, Atlanta, GA, the USA
  • Year and Date: 2014-11-22 – 2014-11-24
• [Presentation] Estimation Errors in Input-Output Tables and Prediction Errors in Computable General Equilibrium Analysis (2014)
  • Author(s): Hosoe, N.
  • Organizer: 22nd International Input-output Conference
  • Place of Presentation: Instituto Superior de Economia e Gestao, Lisbon, Portugal
  • Year and Date: 2014-06-15 – 2014-06-19
• [Presentation] The Impact of FDI between Japan and China: A Dynamic Multi-regional General Equilibrium Analysis (2014)
  • Author(s): Latorre, M. C., Hosoe, N.
  • Organizer: 22nd International Input-output Conference
  • Place of Presentation: Instituto Superior de Economia e Gestao, Lisbon, Portugal
  • Year and Date: 2014-06-15 – 2014-06-19
• [Presentation] FDI between Japan and China: A dynamic multi-regional general equilibrium analysis (2014)
  • Author(s): Latorre, M. C., Hosoe, N.
  • Organizer: 77th International Atlantic Economic Conference
  • Place of Presentation: Melia Galgos Hotel, Madrid, Spain
  • Year and Date: 2014-04-02 – 2014-04-05
• [Presentation] General Equilibrium Assessment on a Compound Disaster in Northern Taiwan (2013)
  • Author(s): 黄俊揚, 細江宣裕
  • Organizer: 応用地域学会2013年度研究発表大会
  • Place of Presentation: 京都大学
• [Presentation] 産業連関表の推定誤差と応用一般均衡分析における予測誤差 (2013)
  • Author(s): 細江宣裕
  • Organizer: 応用地域学会2013年度研究発表大会
  • Place of Presentation: 京都大学
• [Presentation] Japanese Manufacturing Facing the Power Crisis after Fukushima: A Dynamic Computable General Equilibrium Analysis with Foreign Direct Investment (2013)
  • Author(s): Hosoe, N.
  • Organizer: The Third Asian Seminar in Regional Science
  • Place of Presentation: National Dong Hwa University, Hualien, Taiwan
• [Presentation] Japanese Manufacturing Facing the Power Crisis after Fukushima: A Dynamic Computable General Equilibrium Analysis with Foreign Direct Investment (2013)
  • Author(s): Hosoe, N.
  • Organizer: 16th Annual Conference on Global Economic Analysis
  • Place of Presentation: Shanghai University of International Business and Economics
• [Presentation] The role of Japanese multinationals affiliates in China: A dynamic CGE analysis of FDI between Japan and China (2013)
  • Author(s): Latorre, M. C., Hosoe, N.
  • Organizer: 16th Annual Conference on Global Economic Analysis
  • Place of Presentation: Shanghai University of International Business and Economics
• [Book] テキストブック応用一般均衡モデリング: プログラムからシミュレーションまで 第2版 (2016)
  • Author(s): 細江宣裕, 我澤賢之, 橋本日出男
  • Total Pages: 387
  • Publisher: 東京大学出版会
• [Book] 可計算一般均衡模型導論: 模型構建与政策模擬 (2014)
  • Author(s): 細江宣裕, 我澤賢之, 橋本日出男 (趙偉, 向国成 中国語訳)
  • Total Pages: 182
  • Publisher: 東北財経大学出版社