Theoretical Analysis of Policy Competition and Coordination among Resource Exporting and Importing Countries

2015 Fiscal Year Final Research Report

• Project/Area Number: 25380300
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: Kobe University
• Principal Investigator: OHTA HIROSHI 神戸大学, 国際協力研究科, 教授 (50118006)
• Co-Investigator(Kenkyū-buntansha): KATAYAMA SEIICHI 愛知学院大学, 経済学部, 客員教授 (70047489)
• Project Period (FY): 2013-04-01 – 2016-03-31
• Keywords: 資源貿易 / 環境汚染税 / 動学ゲーム / ナッシュ均衡 / シュタッケルベルク均衡

Outline of Final Research Achievements

Consider a policy competition and coordination among exporting and importing countries of an exhaustible resource. Resource exporting revenueis the sole source of income for the exporter and the importing country obtains benefit from consuming the imported resource but suffers from environmental pollution which aggravates progressively as the cumulative amount of excavated resource increases. Then, the exporter determines its export revenue maximizing price of resource, while the importing country imposes a pollution tax so as to maximize the benefit of resource consumption net of social damages from pollution. As the result of this international resource transaction game, the export price of resource gradually decreases but the domestic price of resource in the importing country increases and the demand for resource decreases over time.

Free Research Field

国際貿易論