Overview
As globalization proceeds, the world economy is becoming more complex. While multilateral negotiations under the World Trade Organization (WTO) are stagnating, bilateral negotiations such as regional trade agreements and bilateral investment treaties remain dominant. Although tariffs were reduced, other trade costs have not necessarily fallen. Trade liberalization in services is slow relative to that in goods. Firms now engage in various cross-border transactions. In particular, we see various hybrid forms of organization and competition in which domestic and foreign firms cooperate in some phases of production and then compete in product markets. The objective of this research project is to explore trade and industrial policies in this complex world economy and obtain useful implications for economic growth.
May 28, 2013 - March 31, 2015
Major Research Results
2015
RIETI Discussion Papers
- 15-E-083
"Trade-offs in Compensating Transfers for a Multiple-skill Model of Occupational Choice" (ICHIDA Toshihiro) - 15-E-060
"Parallel Imports and Repair Services" (ISHIKAWA Jota, MORITA Hodaka and MUKUNOKI Hiroshi) - 15-E-041
"Trade Liberalisation, Transboundary Pollution and Market Size" (Rikard FORSLID, OKUBO Toshihiro and Mark SANCTUARY)
2014
RIETI Discussion Papers
- 15-E-025
"Aid for Trade and Global Growth" (NAITO Takumi) - 15-E-023
"Country Size, Technology, and Ricardian Comparative Advantage" (ARA Tomohiro) - 15-E-018
"The Quality of Distance: Quality sorting, Alchian-Allen effect, and geography" (TAKECHI Kazutaka) - 15-E-017
"The Price of Distance: Pricing to market, producer heterogeneity, and geographic barriers" (KANO Kazuko, KANO Takashi and TAKECHI Kazutaka) - 14-E-065
"Trade Liberalization and Aftermarket Services for Imports" (ISHIKAWA Jota, MORITA Hodaka and MUKUNOKI Hiroshi)