| 研究実績の概要 |
We have finalized two papers under JSPS KAKENHI project. In the first paper, we analyze the impacts of cross-border factor mobility in Bangladesh, as typical example, which faces globalization in factor mobility. Using a static Computable General Equilibrium (CGE) model, we examine how the benefits of an increased FDI in the ready-made garments (RMG) sector are transmitted and shared among households with different characteristics, and the appropriate government policies to mitigate adverse distributional problems, if any, created from the increased FDI.
Our simulation results demonstrate that FDI would promote both output and exports by the RMG multinationals but benefit household groups unevenly. We then demonstrate that human capital development programs targeting an adversely affected household group could make the gains equitable among these households. Our dynamic CGE analysis describes how a foreign labor market shock of migrants reduce household welfare by lowering wages and increasing unemployment, particularly for unskilled workers in the domestic labor market. Using counteractive policy options, we examine the impacts of FDI promotion in the RMG sector and of a human-capital development program.
Based on our results, we conclude that the former policy minimizes the negative impacts of foreign labor market shocks, while a combination of both policies is more equitable. I have also successfully defended my PhD dissertation and graduated in September 2019.
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