Overview
Protectionism has been increasing since the Global Financial Crisis (GFC) in 2007. Behind this trend is a growing anti-globalism sentiment, which is supported by the people, who have been negatively affected due to the rapidly advancing globalization of economic activities in the form of cross-border exchanges of goods, services, capital, and people. Globalization contributed enormously to the rapid growth of the world economy in the Post-WWII period. Globalization brings benefit in the form of economic growth in the medium to long term, while it may cause problems in the short term at the micro-economic level. With these observations in mind, the project quantitatively examines the economic impacts of globalization on the Japanese economy, especially in the form of expansion of foreign trade. This project also analyzes the current status and problems of the world trading system, which has significant impacts on globalization.
May 11, 2020 - April 30, 2022
Major Research Results
2022
Discussion Papers
- 22-E-038
"Impact of International Investment Agreements on Japanese FDI: A firm-level analysis" (URATA Shujiro and BAEK Youngmin) - 22-E-037
"Impacts of Increased Chinese Imports on Japan's Labor Market: Firm and regional aspects" (HAYAKAWA Kazunobu, Tadashi ITO and Shujiro URATA) - 22-E-036
"China Shock on Japanese Firms: Firms' differential reactions to the increase in Chinese imports" (AITO Tadashi and MATSUURA Toshiyuki) - 22-E-035
"Effects of Product-Specific Rules of Origin on Trade in Free Trade Agreements: Evidence from the cases of Japan" (ANDO Mitsuyo, URATA Shujiro and YAMANOUCHI Kenta) - 22-E-031
"Import Competition from China and Markup Dispersion" (HAYAKAWA Kazunobu, URATA Shujiro and YAMANOUCHI Kenta)
Policy Discussion Papers
2021
RIETI Discussion Papers
- 22-E-025
"How Does the Reform of Rules of Origin Affect Firm Performance in Importing Countries?" (HAYAKAWA Kazunobu and YAMANOUCHI Kenta) - 22-E-023
"Fixed Costs in Exporting and Investing" (BAEK Youngmin and HAYAKAWA Kazunobu) - 22-E-021
"Impacts of Firm GVC Participation on Productivity: A Case of Japanese Firms" (URATA Shujiro and BAEK Youngmin)