2016 Fiscal Year Final Research Report
Studies on Rice Futures Market in Japan
| Project/Area Number |
25380410
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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 |
Money/ Finance
|
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| Research Institution | Meiji Gakuin University |
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Principal Investigator |
|
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| Project Period (FY) |
2013-04-01 – 2017-03-31
|
| Keywords | 先物市場 / デリバティブ / パレ－ト改善 |
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| Outline of Final Research Achievements |
According to the advanced economic theory, the futures trade of rice would improve the welfare of consumers, producers and rice business. It does not always guarantee the Pareto Improvement, however it is evident that the futures trade reduces the transaction costs inclding the risk control expences. One most important issue to be explored is what effects the government regulation on rice price would have on the pricing function of futures market. As the prices of many products supporting economic life are determined in the futures markets, Japanese Rice Futures Market should prepare for the global comptition.
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| Free Research Field |
ファイナンス
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