2013 Fiscal Year Final Research Report
Theoretical and Empirical Study on Global Production Network
| Project/Area Number |
23530254
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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 statistics
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| Research Institution | Kobe University |
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Principal Investigator |
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| Co-Investigator(Kenkyū-buntansha) |
BAN Hikari 神戸学院大学, 経済学部, 教授 (70248102)
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| Project Period (FY) |
2011 – 2013
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| Keywords | 国際産業連関表 / 垂直的特化 / FTA |
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| Research Abstract |
Based on the recently released comprehensive world input-output tables (WIOD) and the newly developed price-endogenized input-choice model, we analyze the role of production network in the "Great Trade Collapse" in 2008. It is found that the large jump in trade elasticity in 2008 can hardly be attributed to the worldwide production network, but it can be systematically explained by the export price premium that is estimated at about 4 percent on average by the model.
We also analyze the structural change caused by East Asian Free Trade Agreements. An interregional input-output (I-O) model is combined with a computable general equilibrium (CGE) model to evaluate structural change. The value-added analysis suggests that East Asian FTAs are likely to strengthen decoupling in East Asia.
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