2013 Fiscal Year Final Research Report
Maroeconomic Analysis of Structural Change
| Project/Area Number |
23530220
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Kyoto University |
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Principal Investigator |
MINO Kazuo 京都大学, 経済研究所, 教授 (00116675)
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| Project Period (FY) |
2011 – 2013
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| Keywords | 構造変化 / 経済成長 / 非相似選好 / 生産性格差 / 開放経済 |
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| Research Abstract |
This research project explores various effects of structural transformation on long-term economic growth as well as on the patterns of business fluctuations. More specifically, I have investigated the following three topics: (i) the impacts of endogenous change in preferences structure of households generated by the commodity-specific external habit formation in consumption, (ii) the relation between changes in demand structure and expectations-driven real business cycles; and (iii) the effects of changes in the structure of international trade and on the presence of expectations-driven business cycles in open economy settings.
In dealing with each topic, I constructed a specific macro dynamic model with some new features that have not been employed by the foregoing, related studies. Due to these new aspects of modelling, I successfully obtained several new findings that would be useful additions to the literature.
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