Overview
Using large and comprehensive micro-level datasets, this project examines the effects of the COVID-19 pandemic, the trade war, and Brexit on international trade, foreign investment, and supply chains. We explore how these exogenous shocks affect business activities, transmit through international supply chains and buyer-supplier linkages, and propagate to the whole economy. Specifically, combining information on buyer-supplier linkages with confidential government surveys on the business activities of Japanese firms at home and abroad, we construct measures of firm-specific upstreamness and firm-level subjective uncertainty to empirically analyze the relationship between the exogenous shocks, uncertainty, and supply chains. Furthermore, various topics including the formation and development of supply chains, multinational enterprises and structural change will also be addressed in this project. The empirical findings are expected to provide evidence-based policy implications for the formation and re-evaluation of global supply chains.
February 15, 2021 - July 31, 2023
(During the research project period, the research activity period is set from February15, 2021 to January 31, 2023, and the data usage reporting period is set from February 1, 2023 to July 31, 2023.)
Major Research Results
2023
RIETI Discussion Papers
2022
RIETI Discussion Papers
- 23-E-018
"Global Sourcing and Firm Inventory during the Pandemic" (ZHANG Hongyong and DOAN Thi Thanh Ha) - 23-E-017
"The Impact of Export Controls on International Trade: Evidence from the Japan–Korea trade dispute in the semiconductor industry" (MAKIOKA Ryo and ZHANG Hongyong) - 22-E-089
"Firms' Knightian Uncertainty during the COVID-19 Crisis" (MORIKAWA Masayuki) - 22-J-029
"Firms' Knightian Uncertainty during the COVID-19 Crisis" (MORIKAWA Masayuki)