• Search Research Projects
  • Search Researchers
  • How to Use
  1. Back to previous page

Credit and Trade Crunch under Global Financial Crisis: Japanese Regional Investigation

Research Project

Project/Area Number 26380295
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic policy
Research InstitutionShiga University

Principal Investigator

Yoshida Yushi  滋賀大学, 経済学部, 教授 (40309737)

Project Period (FY) 2014-04-01 – 2018-03-31
Project Status Completed (Fiscal Year 2017)
Budget Amount *help
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2016: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2015: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2014: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
KeywordsGlobal Trade Collapse / Trade Finance / Japanese Exports / Great Trade Collapse / Global Financial Crisis / Trade Balance / 経常収支 / 世界金融危機 / 外国為替市場 / スピルオーバー / 為替レートパススルー / 国際港別分析
Outline of Final Research Achievements

The most closely related research study to this project is the analysis of regional loan and regional exports in Japan. As robustness checks, we investigated causality, lag structure, and by-destination regressions. We obtained evidence for positive correlation between regional loan and exports with statistically significance although there is not always strong tie between regional loan and exports. We confirmed that credit crunch during the financial crisis contributes to export collapse.
Besides the above study, we published seven other research papers, three of which
are published in refereed journals and two of which are pulished as chapters to the research books.

Report

(5 results)
  • 2017 Annual Research Report   Final Research Report ( PDF )
  • 2016 Research-status Report
  • 2015 Research-status Report
  • 2014 Research-status Report
  • Research Products

    (37 results)

All 2017 2016 2015 2014 Other

All Journal Article (9 results) (of which Int'l Joint Research: 2 results,  Peer Reviewed: 7 results,  Open Access: 5 results,  Acknowledgement Compliant: 6 results) Presentation (25 results) (of which Int'l Joint Research: 4 results,  Invited: 3 results) Book (1 results) Remarks (2 results)

  • [Journal Article] Decomposition of Japan's Trade Balance2017

    • Author(s)
      Yuri Sasaki, Yushi Yoshida
    • Journal Title

      International Review of Economics & Finance

      Volume: 印刷中 Pages: 507-537

    • DOI

      10.1016/j.iref.2017.12.007

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Where at Do Exporters Produce and Export?2017

    • Author(s)
      Kyoko Hirose, Yushi Yoshida
    • Journal Title

      World Economy

      Volume: 印刷中 Issue: 6 Pages: 1596-1639

    • DOI

      10.1111/twec.12588

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Factor Decomposition of Japan's Trade Balance2017

    • Author(s)
      Yushi Yoshida, Yuri Sasaki
    • Journal Title

      RIETI Discussion Paper

      Volume: 2017-E-42 Pages: 1-47

    • Related Report
      2016 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] Revisiting Finance-Trade Linkage during the Great Trade Collapse2017

    • Author(s)
      Yushi Yoshida
    • Journal Title

      RIETI Discussion Paper

      Volume: 印刷中

    • Related Report
      2016 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] Stepping out of the limit order markets: Evidence from the EBS FX market2016

    • Author(s)
      Masayuki Susai and Yushi Yoshida
    • Journal Title

      MPRA Working Paper

      Volume: 70291 Pages: 1-65

    • Related Report
      2015 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] EBS外国為替指値市場におけるキャンセル行動の分析2015

    • Author(s)
      吉田裕司
    • Journal Title

      先物・オプションレポート

      Volume: 27(10) Pages: 1-7

    • Related Report
      2015 Research-status Report
    • Open Access
  • [Journal Article] We Missed It Again! Why So Many Market Orders in The High Frequency FX Trading Fail to be Executed?2015

    • Author(s)
      Susai, M. and Yoshida, Y.
    • Journal Title

      The Handbook of High Frequency Trading

      Volume: - Pages: 214-236

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Acknowledgement Compliant
  • [Journal Article] Automobile Exports: Export Prices and Retail Prices2015

    • Author(s)
      Yoshida, Y. and Sasaki, Y.
    • Journal Title

      RIETI Discussion Paper

      Volume: 15-E-024 Pages: 1-47

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] The global financial crisis: An analysis of the spillover effects on African stock markets2014

    • Author(s)
      Kimiko Sugimoto, Takashi Matsuki, Yushi Yoshida
    • Journal Title

      Emerging Markets Review

      Volume: 21 Pages: 201-233

    • DOI

      10.1016/j.ememar.2014.09.004

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Acknowledgement Compliant
  • [Presentation] Factor Decomposition of Japan's Trade Balance2017

    • Author(s)
      Yuri Sasaki, Yushi Yoshida
    • Organizer
      RIETI-IWEP-CESSA Joint-Workshop
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research / Invited
  • [Presentation] Revisiting Finance-Trade Linkage during the Great Trade Collapse2017

    • Author(s)
      Yushi Yoshida
    • Organizer
      日本金融学会
    • Related Report
      2017 Annual Research Report
  • [Presentation] Factor Decomposition of Japan's Trade Balance2017

    • Author(s)
      Yuri Sasaki, Yushi Yoshida
    • Organizer
      European Trade Study Group Conference
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Revisiting Finance-Trade Linkage during the Great Trade Collapse2017

    • Author(s)
      Yushi Yoshida
    • Organizer
      RIETI DP検討会
    • Place of Presentation
      経済産業省
    • Related Report
      2016 Research-status Report
  • [Presentation] Revisiting Finance-Trade Linkage during the Great Trade Collapse2016

    • Author(s)
      Yushi Yoshida
    • Organizer
      European Trade Study Group Conference
    • Place of Presentation
      Helsinki
    • Year and Date
      2016-09-08
    • Related Report
      2016 Research-status Report
    • Int'l Joint Research
  • [Presentation] Factor Decomposition of Japan's Trade Balance2016

    • Author(s)
      Yushi Yoshida, Yuri Sasaki
    • Organizer
      日本経済学会
    • Place of Presentation
      名古屋大学
    • Year and Date
      2016-06-18
    • Related Report
      2016 Research-status Report
  • [Presentation] Factor decomposition of Japan's Current Account Balance2016

    • Author(s)
      Yuri Sasaki and Yushi Yoshida
    • Organizer
      日本経済学会
    • Place of Presentation
      名古屋大学
    • Year and Date
      2016-06-18
    • Related Report
      2015 Research-status Report
  • [Presentation] Stepping out of the Limit Order Book: Empirical Evidence from the EBS FX Market2016

    • Author(s)
      Masayuki Susai and Yushi Yoshida
    • Organizer
      日本ファイナンス学会
    • Place of Presentation
      横浜国立大学
    • Year and Date
      2016-05-21
    • Related Report
      2015 Research-status Report
  • [Presentation] Stepping out of the Limit Order Book: Empirical Evidence from the EBS FX Market2016

    • Author(s)
      Masayuki Susai and Yushi Yoshida
    • Organizer
      日本金融学会
    • Place of Presentation
      武蔵大学
    • Year and Date
      2016-05-14
    • Related Report
      2015 Research-status Report
  • [Presentation] Stepping out of the Limit Order Book: Empirical Evidence from the EBS FX Market2016

    • Author(s)
      Masayuki Susai and Yushi Yoshida
    • Organizer
      指値注文外国為替市場セミナー
    • Place of Presentation
      九州産業大学
    • Year and Date
      2016-03-23
    • Related Report
      2015 Research-status Report
  • [Presentation] Revisiting Finance-Trade Linkage during the Great Trade Collapse2016

    • Author(s)
      Yushi Yoshida
    • Organizer
      RIETI ERIC Research Seminar
    • Place of Presentation
      経済産業省
    • Related Report
      2016 Research-status Report
  • [Presentation] Factor Decomposition of Japan's Trade Balance2016

    • Author(s)
      Yushi Yoshida, Yuri Sasaki
    • Organizer
      RIETI ERIC Research Seminar
    • Place of Presentation
      経済産業省
    • Related Report
      2016 Research-status Report
  • [Presentation] Factor Decomposition of Japan's Trade Balance2016

    • Author(s)
      Yushi Yoshida, Yuri Sasaki
    • Organizer
      RIETI DP検討会
    • Place of Presentation
      経済産業省
    • Related Report
      2016 Research-status Report
  • [Presentation] Life-Time of Limit Orders in the EBS Foreign Exchange Spot Market2015

    • Author(s)
      Masayuki Susai and Yushi Yoshida
    • Organizer
      Monetary Economics Workshop
    • Place of Presentation
      龍谷大学
    • Year and Date
      2015-11-21
    • Related Report
      2015 Research-status Report
    • Invited
  • [Presentation] Automobile Exports: Export Price and Retail Price2015

    • Author(s)
      Yuri Sasaki and Yushi Yoshida
    • Organizer
      the 9th International Workshop of the Methods in International Finance Network "Globalization, Markets and Government"
    • Place of Presentation
      APPLAUSE TOWER、大阪
    • Year and Date
      2015-10-29
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Factor decomposition of Japan's Current Account Balance2015

    • Author(s)
      Yuri Sasaki and Yushi Yoshida
    • Organizer
      経済産業研究所「為替レートと国際通貨」研究会
    • Place of Presentation
      経済産業省
    • Year and Date
      2015-10-06
    • Related Report
      2015 Research-status Report
  • [Presentation] Automobile Exports: Export Price and Retail Price2015

    • Author(s)
      Yuri Sasaki and Yushi Yoshida
    • Organizer
      経済産業研究所「為替レートと国際通貨」研究会
    • Place of Presentation
      経済産業省
    • Year and Date
      2015-06-08
    • Related Report
      2015 Research-status Report
  • [Presentation] Testing the Pollution Haven Effect: Accounting International Intermediate Goods Trade2015

    • Author(s)
      Satoshi Honma and Yushi Yoshida
    • Organizer
      日本経済学会
    • Place of Presentation
      新潟大学
    • Year and Date
      2015-05-23
    • Related Report
      2015 Research-status Report
  • [Presentation] Life-time of Limit Orders in the EBS Foreign Exchange Spot Markets2015

    • Author(s)
      M.Susai and Y.Yoshida
    • Organizer
      大阪大学金融・保険教育研究センター「証券市場の諸問題」ワークショップ
    • Place of Presentation
      大阪大学中之島センター
    • Year and Date
      2015-02-20
    • Related Report
      2014 Research-status Report
    • Invited
  • [Presentation] Automobile Exports: Export Price and Retail Price2014

    • Author(s)
      Y.Yoshida and Y.Sasaki
    • Organizer
      RIETI(経済産業研究所)DP検討会
    • Place of Presentation
      RIETI(経済産業研究所)
    • Year and Date
      2014-10-20
    • Related Report
      2014 Research-status Report
  • [Presentation] Automobile Exports: Export Price and Retail Price2014

    • Author(s)
      Y.Yoshida and Y.Sasaki
    • Organizer
      日本金融学会
    • Place of Presentation
      山口大学
    • Year and Date
      2014-10-18 – 2014-10-19
    • Related Report
      2014 Research-status Report
  • [Presentation] Life-time of Limit Orders in the EBS Foreign Exchange Spot Markets2014

    • Author(s)
      M.Susai and Y.Yoshida
    • Organizer
      日本経済学会
    • Place of Presentation
      西南大学
    • Year and Date
      2014-10-11 – 2014-10-12
    • Related Report
      2014 Research-status Report
  • [Presentation] Automobile Exports: Export Price and Retail Price2014

    • Author(s)
      Y.Yoshida and Y.Sasaki
    • Organizer
      European Trade Study Group Conference
    • Place of Presentation
      University of Munich
    • Year and Date
      2014-09-11 – 2014-09-13
    • Related Report
      2014 Research-status Report
  • [Presentation] Intra-National Heterogeneity in International Trade: Simultaneous Estimationi of Exports and Production of Home Regions2014

    • Author(s)
      K.Hirose and Y.Yoshida
    • Organizer
      Region, Firms, & FDI INFER Workshop
    • Place of Presentation
      Ghent University、ベルギー
    • Year and Date
      2014-08-21 – 2014-08-22
    • Related Report
      2014 Research-status Report
  • [Presentation] Life-time of Limit Orders in the EBS Foreign Exchange Spot Markets2014

    • Author(s)
      M.Susai and Y.Yoshida
    • Organizer
      World Finance Conference
    • Place of Presentation
      Ca' Foscari University、ベネチア
    • Year and Date
      2014-07-02 – 2014-07-04
    • Related Report
      2014 Research-status Report
  • [Book] Risk Management in Emerging Markets: Issues, Framework and Modeling2016

    • Author(s)
      Yushi Yoshida, Takashi Matsuki, Kimiko Sugimoto, edited by S. Boubaker, B.G. Buchanan, and D.K. Nguyen
    • Total Pages
      400
    • Publisher
      Emerald
    • Related Report
      2015 Research-status Report
  • [Remarks] 「世界金融危機による信用縮小と貿易縮小の日本地域別要因分析」

    • URL

      http://www.biwako.shiga-u.ac.jp/sensei/yushi.yoshida/kaken2014.htm

    • Related Report
      2017 Annual Research Report
  • [Remarks] 経済産業研究所

    • URL

      http://www.rieti.go.jp/jp/publications/summary/17030054.html

    • Related Report
      2016 Research-status Report

URL: 

Published: 2014-04-04   Modified: 2019-03-29  

Information User Guide FAQ News Terms of Use Attribution of KAKENHI

Powered by NII kakenhi