研究課題/領域番号 |
20K01642
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研究種目 |
基盤研究(C)
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配分区分 | 基金 |
応募区分 | 一般 |
審査区分 |
小区分07040:経済政策関連
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研究機関 | 早稲田大学 |
研究代表者 |
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研究期間 (年度) |
2020-04-01 – 2024-03-31
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研究課題ステータス |
完了 (2023年度)
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配分額 *注記 |
3,250千円 (直接経費: 2,500千円、間接経費: 750千円)
2022年度: 910千円 (直接経費: 700千円、間接経費: 210千円)
2021年度: 910千円 (直接経費: 700千円、間接経費: 210千円)
2020年度: 1,430千円 (直接経費: 1,100千円、間接経費: 330千円)
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キーワード | trade war / machinery exports / exchange rates / export prices / system GMM / impact of exchange rate / export price / export quantity / impact of tariff / structural break / misalignments / exports to the US / imperfect substitutes |
研究開始時の研究の概要 |
The research quantifies the impacts of tariff of the US on the exports of China and Japan. In addition, it constructs a structural model which can be used for similar analyses. If the model developed in the project could be employed to trace the impacts of various variables affecting exports.
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研究実績の概要 |
1. Did Chinese variables affect the machinery exports from Korea to the US? This research analyzes the panel data of ten-digit level machinery commodities which are exported from China and South Korea to the US from 2002Q1 to 2021Q4 to determine the impacts of Chinese variables such as trade war and exchange rates on the export quantity and price of Korea. The TSLS estimation results show that the impacts of Chinese variables on Korean exports are bigger than the impacts of Korean variables on Chinese exports. A 1% depreciation of the renminbi decreases the value of Korean exports by 0.28% while a 1% depreciation of the won increases the value of Chinese exports by 0.04%. Trade war affected Korean exports positively while it affected Chinese exports negatively. This paper will be submitted to the Journal of Korea Trade in May 2024. 2. Was there a structural break in the impacts of exchange rates on the prices of Japanese machinery exports to the US? The purpose of the research is to investigate whether the impact of exchange rates on export prices in the machinery exports from Japan to the US has changed after the Great Recession. The impact of exchange rates on export prices turns out to be much smaller and statistically insignificant after the Great Recession. This paper will be presented in the spring meeting of the Japan Society of International Economics on June 1, 2024.
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