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2022 年度 実績報告書

The Mechanism and Stability of Global Imbalances

研究課題

研究課題/領域番号 22H00849
配分区分補助金
研究機関早稲田大学

研究代表者

菊地 朋生  早稲田大学, 国際学術院(アジア太平洋研究科), 准教授 (60906527)

研究分担者 戸部 智  関西学院大学, 総合政策学部, 講師 (00824145)
研究期間 (年度) 2022-04-01 – 2025-03-31
キーワードsuperpowers / club goods / coalition formation
研究実績の概要

We build a game-theoretic model of two superpowers competing to attract small countries as members for their clubs. The superpowers play a two stage sequential game (Stackelberg game) of choosing an ideological location for club goods they provide. The club goods have consumption externalities, i.e., the price which each member pays depends on others who join the club as members share the cost. To model the two-way interaction between superpowers and the other countries we use
a coallition formation process (core) to determine the behavior of the small countries in each stage and derive the subgame perfect Nash equilbrium of the game between the two superpowers. We simulate our game to characterize how the US and China compete for a sphere of influence.

現在までの達成度 (区分)
現在までの達成度 (区分)

2: おおむね順調に進展している

理由

We have published "Superpowers Competing for a Sphere of Influence" Tomoo Kikuchi and Shuige Liu as a working paper at https://arxiv.org/abs/2209.10206. We will present the paper at several international conferences and seminars this summer. The following papers are work in progress: 1) "Does Foreign Equity Investment Contribute to Economic Growth?" Tomoo Kikuchi, Satoshi Tobe, Duy Van Dang, and Quang Trung Nguyen; 2) "Portfolio Investment Patterns in East Asia,"Tomoo Kikuchi, Satoshi Tobe, and Changran Lee; 3) "The Role of Tax Havens for Portfolio Investment of the US and China," Tomoo Kikuchi, Satoshi Tobe, and Xiaoyu Cheng; 4) "The Exorbitant Privilege and Cross-border M&A," Tomoo Kikuchi, Satoshi Tobe, and Sinan Caner Yamak.

今後の研究の推進方策

We plan to submit "Superpowers Competing for a Sphere of Influence" Tomoo Kikuchi and Shuige Liu to a top journal. We plan to finalize the following papers: 1) "Does Foreign Equity Investment Contribute to Economic Growth?" Tomoo Kikuchi, Satoshi Tobe, Duy Van Dang, and Quang Trung Nguyen; 2) "Portfolio Investment Patterns in East Asia,"Tomoo Kikuchi, Satoshi Tobe, and Changran Lee; 3) "The Role of Tax Havens for Portfolio Investment of the US and China," Tomoo Kikuchi, Satoshi Tobe, and Xiaoyu Cheng; 4) "The Exorbitant Privilege and Cross-border M&A," Tomoo Kikuchi, Satoshi Tobe, and Sinan Caner Yamak.

  • 研究成果

    (6件)

すべて 2022 その他

すべて 国際共同研究 (3件) 備考 (2件) 学会・シンポジウム開催 (1件)

  • [国際共同研究] National University of Singapore/Nanyang Technological University(シンガポール)

    • 国名
      シンガポール
    • 外国機関名
      National University of Singapore/Nanyang Technological University
  • [国際共同研究] Vietnam Institute of Economics(ベトナム)

    • 国名
      ベトナム
    • 外国機関名
      Vietnam Institute of Economics
  • [国際共同研究] Asian Development Bank(フィリピン)

    • 国名
      フィリピン
    • 外国機関名
      Asian Development Bank
  • [備考] Global Capital Market

    • URL

      https://sites.google.com/view/global-capital-market/home

  • [備考] Tomoo Kikuchi

    • URL

      https://sites.google.com/site/tomookikuchi76/

  • [学会・シンポジウム開催] International Conference on International Capital Flows and Economic Development in Asia2022

URL: 

公開日: 2023-12-25  

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