2019 Fiscal Year Annual Research Report
グローバル化する資本・労働移動の一般均衡分析：その経済成長、貧困と不平等への影響
| Project/Area Number |
18J11669
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| Research Institution | National Graduate Institute for Policy Studies |
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Principal Investigator |
Hossain Sharif Mosharraf 政策研究大学院大学, 政策研究科, 特別研究員(DC2)
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| Project Period (FY) |
2018-04-25 – 2020-03-31
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| Keywords | Factor mobility / migration / remittances / ready-made garments / CGE analysis / distributional impact |
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| Outline of Annual Research Achievements |
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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| Research Progress Status |
令和元年度が最終年度であるため、記入しない。
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| Strategy for Future Research Activity |
令和元年度が最終年度であるため、記入しない。
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| Remarks |
Authors：Sharif M. Hossain and N Hosoe,Title：Foreign Direct Investment in the Ready-Made Garments Sector of Bangladesh: Macro and Distributional Implications,Journal：The Bangladesh Development Studies
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