2010 Fiscal Year Final Research Report
The Effect of Industrial Policy on Macroeconomic Performance
| Project/Area Number |
20530256
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Ritsumeikan University |
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Principal Investigator |
OHKAWA Takao Ritsumeikan University, 経済学部, 教授 (10258494)
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| Co-Investigator(Kenkyū-buntansha) |
IWAISAKO Tatsuro 大阪大学, 経済学研究科, 准教授 (40351316)
NOMURA Ryoichi 東海大学, 政治経済学部, 講師 (60465599)
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| Co-Investigator(Renkei-kenkyūsha) |
OKAMURA Makoto 広島大学, 大学院・社会科学研究科, 教授 (30177084)
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| Project Period (FY) |
2008 – 2010
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| Keywords | 参入 / 寡占 / 複数市場 / 非効率性 / 厚生 |
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| Research Abstract |
We consider an effect of an industrial policy that is implemented in one economy (an industry, a region, a country etc.) on equilibrium outcomes in another economy as well as whole one. We impose the assumption that oligopolistic competition prevails in order to examine the effect. We establish the followings. (1) Using general equilibrium analysis, insufficient entry may occur under the situation where excess entry theorem would be derived from partial equilibrium analysis. (2) The formation of FTA strengthens (resp. weakens) the incentive to innovate for the firm in member (resp. non-member) country. (3) Harmonizing patent protection in the South with that in the North may maximize welfare in the South as well as in the North.
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[Remarks] Kurata, H., T.Ohkawa, and M.Okamura(2009) "Inefficient Entry in an Economy with Multiple Industries" Discussion Paper No.09003, Faculty of Economics Ritsu-meikan University, Shiga Japan.
