Market-government paradox under globalization: Analyzing consistency, comlementarity, and substitutability

2016 Fiscal Year Final Research Report

• Project/Area Number: 25285087
• Research Category: Grant-in-Aid for Scientific Research (B)
• Allocation Type: Partial Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: Kwansei Gakuin University
• Principal Investigator: FUJII Eiji 関西学院大学, 経済学部, 教授 (20321961)
• Co-Investigator(Kenkyū-buntansha): 東田 啓作 関西学院大学, 経済学部, 教授 (10302308) ; 松枝 法道 関西学院大学, 経済学部, 教授 (40330394) ; 藤原 憲二 関西学院大学, 経済学部, 教授 (50434882)
• Research Collaborator: Cheung Yin-Wong City University of Hong Kong, Department of Economics and Finance, Professor ; Long Ngo Van McGill University, Department of Economics, Professor
• Project Period (FY): 2013-04-01 – 2017-03-31
• Keywords: 市場統合 / グローバリゼーション / 経済厚生

Outline of Final Research Achievements

We reconsider one of the fundamental themes of economics - the relationship between markets and governments - from the perspective of the ongoing process of globalization. In doing so, we set the focus of our analyses on the complementarity and paradoxical relationship between markets and governments. Also, due to the nature of the current globalization, our analyses cover multiple fields including trade, finance, environment, and resource economics.
The chief findings of or research offer some implications that cast doubt about the conventional views on the issues regarding 1) trade openness, government size and output volatility under economic integration; 2) contracting-out of household waste collection services in developed nations; 3) trade and FDI liberalization under international oligopoly; 4)
The details of these results are published in refreed journals and edited books.

Free Research Field

国際金融論