Dynamic Global Computable General Equilibrium Model and Foreign Direct Investment

2014 Fiscal Year Final Research Report

• Project/Area Number: 24530260
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Applied economics
• Research Institution: Nagoya City University
• Principal Investigator: ITAKURA KEN 名古屋市立大学, 経済学研究科(研究院), 教授 (90405217)
• Co-Investigator(Renkei-kenkyūsha): OYAMADA Kazuhiko 日本貿易振興機構アジア経済研究所, 開発研究センター, 研究員 (30450521)
• Project Period (FY): 2012-04-01 – 2015-03-31
• Keywords: CGE / 直接投資 / FDI / FTA / EPA

Outline of Final Research Achievements

Our aim for this research project is to develop a dynamic global CGE model of trade and foreign direct investment that is closely based on theoretical development. Following Dixon, Jerie and Rimmer (2015), we prototyped a module in CGE model that encompasses three different specifications of international trade, such as Armington (1969), Krugman (1987), and Melitz (2003). Prototyping of this flexible export module leads to a significant step to incorporate heterogeneous firms’ behavior on exports and foreign direct investment into a global CGE model, following Helpman, Melitz and Yeaple (2004).

Free Research Field

国際経済学