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. Development of Support Systems for Economic and Industrial Policy Analysis and Evaluation
Project Leader
Overview
Due to the termination of economic information system of RIETI, we try to establish a brand-new system to support quantitative policy analysis, evaluation, planning and design. Taking into account the demand of economic and industrial policy makers, we set the goal of this project to develop a systematically organized and integrated database that incorporates useful statistical data and processed data, as well as knowledge learned from research activities. We aim to develop user support systems enabling policy-makers without expert knowledge, and researchers without prior knowledge of policies, to use the database effectively.
2. Building a GCE Model for East Asia that Introduces Economies of Scale
Project Leader
Sub-Leader
HISATAKE Masato, Consulting Fellow
Overview
The rapid pace of economic development and integration in East Asia has had a major impact on the entire Japanese economy as well as its local economies. The purpose of this project is to develop an applied general equilibrium model for both the national and local levels, and to quantitatively evaluate how economic development is affecting local economies in Japan and other countries. In the model to be developed, we will put emphasis on analyzing the changes in industrial structure that occur in the context of economic integration, while taking into account the economies of scale and imperfect competition. Particular attention will be paid to the analysis of the increase in regional disparities resulting from decentralization policies being pursued in various countries. This project ultimately aims to provide a highly transparent framework for facilitating consensus-building on the national and local levels. For this purpose, the project will examine how policy responses in individual countries affect the economic structure of the East Asian region in the context of a dual structure of national and local economies. This examination will use welfare criteria based on the perspective of local economies.
Major Research Results
RIETI Discussion Papers
