Policies for Economic Growth and Firm Heterogeneity

2017 Fiscal Year Final Research Report

• Project/Area Number: 26380348
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: University of the Ryukyus
• Principal Investigator: HORI Katsuhiko 琉球大学, 法文学部, 准教授 (50635018)
• Co-Investigator(Kenkyū-buntansha): 桑原 史郎 兵庫県立大学, 経済学部, 准教授 (20451685) ; 石澤 末三 帝塚山大学, 経済学部, 非常勤講師 (90094961)
• Co-Investigator(Renkei-kenkyūsha): DOI Junko 関西大学, 経済学部, 教授 (00367947) ; YAMADA Katsunori 近畿大学, 経済学部, 准教授 (80533603)
• Project Period (FY): 2014-04-01 – 2018-03-31
• Keywords: 内生的成長理論 / 動学的産業モデル / 退出

Outline of Final Research Achievements

We have constructed growth models, explicitly incorporating the firm life cycle of "entry -> production and R&D -> exit", in order to investigate the effects of the changes in the economic environment on the R&D activities (and growth) and the exit of firms.
In this framework, we have derived more complex and diverse relationships between the R&D activities and the exit of firms, which cannot be captured from the conventional viewpoint that the entry of firms developing new technology directly leads to the exit of existing firms.

Free Research Field

経済成長理論