2014 Fiscal Year Final Research Report
The Paths of Development in Japan from the Viewpoint of International Trade Theory
Project/Area Number |
24730201
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Multi-year Fund |
Research Field |
Applied economics
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Research Institution | Keio University (2013-2014) Yokohama National University (2012) |
Principal Investigator |
KIYOTA Kozo 慶應義塾大学, 産業研究所, 教授 (10306863)
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Project Period (FY) |
2012-04-01 – 2015-03-31
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Keywords | 国際貿易 / 産業構造 / ヘクシャー=オリーン・モデル / 要素賦存 |
Outline of Final Research Achievements |
In this project, I examined empirically how the multiple-cone version of the Heckscher-Ohlin (HO) model fits the "flying geese" patterns of industrial development: a series of industries appear, prosper, then decline and finally disappear one after another. Using Japanese manufacturing data from 1975 to 2006, I estimate the system of non-linear equations like Kiyota (2012, JIE). The results showed that the multiple-cone model fits well with the flying geese patterns of Japanese industrial development. The result suggests that part of the industrial upgrading can be explained by the multiple-cone HO model. This also implies that an underlying mechanism of macroeconomic growth is industrial upgrading, part of which can be attributed to capital accumulation.
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Free Research Field |
国際経済学
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