Novel approaches to analysis of welfare impact of industrial policies

2017 Fiscal Year Final Research Report

• Project/Area Number: 26705003
• Research Category: Grant-in-Aid for Young Scientists (A)
• Allocation Type: Partial Multi-year Fund
• Research Field: Public finance/Public economy
• Research Institution: The University of Tokyo
• Principal Investigator: Fabinger Michal 東京大学, 大学院経済学研究科(経済学部), 特任講師 (00715998)
• Project Period (FY): 2014-04-01 – 2018-03-31
• Keywords: 租税負担 / 為替レート パススルー / ミクロ経済学

Outline of Final Research Achievements

This project investigates the implications of realistic properties of demand and supply curves that have not been previously studied due to a lack of empirical data. As larger and more detailed datasets are becoming available due to falling costs of information technology, it becomes crucial to understand the predictions of economic models that incorporate the shapes of demand and supply curves consistent with new empirical findings. The research involves (1) a novel, flexible approach to analyzing economic equilibria involving generic demand curves and cost curves, (2), a generalization of previous results to a very general specification of taxes, which may involve technological or verification cost associated with tax collection, (3) an investigation of the social impact of price discrimination by firms.

Free Research Field

Industrial organization, international trade