Microdata will be reinforced and improvements will be made on model operation in the fields of trade, pensions, energy, and the environment. This will strengthen the necessary infrastructure for RIETI's research.
1. Research into the Enhancement of Historical Energy Statistics
Project Leader
Overview
Knowledge of the history of energy policies should constitute the base on which to formulate future energy policies, but the lack of highly accurate energy statistics which are longitudially comparable is hampering further research. Therefore, we will conduct research into the enhancement of historical energy statistics to make them highly accurate and thus able to serve as the basic materials for energy policy research. Also, by applying these historical energy statistics we will also conduct research on the form that energy policies should take.
Major Research Results
RIETI Discussion Papers
2. Building of GCE Model for East Asia that Introduces Economies of Scale
Project Leader
Sub-Leader
HISATAKE Masato, Consulting Fellow
Overview
The advance of the economic globalization, the geographical concentration of economic activity and the agglomeration of industry are now driving forces in the world. In particular, the remarkable development of the East Asian economies and the trend toward economic integration are having a major impact on the Japanese economy. In our research we will develop an applied general equilibrium model for East Asia and will prepare a base for the quantitative evaluation of what changes there will be in the positioning of each nation's economy, including Japan's, in the course of economic integration. This model will focus on trends in industrial agglomerations that arise as a result of economic integration and will explicitly incorporate economies of scale, also making imperfect competition a target of analysis. It will provide a highly transparent framework that will promote the reaching of agreement by clarifying how each country's political responses during negotiation of economic integration could affect the economic structure of East Asia, and how that would change the welfare of each country.
Major Research Results
RIETI Discussion Papers
- "Applied General Equilibrium Analysis of Trade Policy" (TAKEDA Shiro)
- "Development of a Multi-region CGE Model that Incorporates Monopolistic Competition and other Factors" (HISATAKE Masato and YAMASAKI Kiyoshi)
International Workshop
- Building of GCE Model for East Asia that Introduces Economies of Scale (Dec 15, 2006)
