Overview
Recently, the world economy has been globalized very rapidly. Globalization has benefited us a lot. On the other hand, globalization faces a number of problems. In this research project, we examine important economic-policy issues in the global economy. We explore these issues mainly from the theoretical perspective of international economics, deepen the understanding of globalization and economic policies, and obtain useful policy implications. In particular, we conduct research along the four pillars listed as challenges in the Indo-Pacific Economic Framework (IPEF):
(1) Trade
(2) Supply Chains
(3) Clean Energy, Decarbonization, and Infrastructure
(4) Tax and Anti-Corruption
February 1, 2023 - July 31, 2025
(During the research project period, the research activity period is set from February 1, 2023 to January 31, 2025, and the data usage reporting period is set from February 1, 2025 to July 31, 2025.)
Major Research Results
2025
RIETI Discussion Papers
- 25-E-053
"Trade and Multi-product Firms" (Rikard FORSLID and OKUBO Toshihiro) - 25-E-043
"Green Consumption and Corporate Environmental Responsibility in North-South Trade" (CHENG Haitao, ISHIKAWA Jota and TARUI Nori) - 25-E-032
"Reallocating Taxing Rights and Online Trade: Pillar One as a partial formula apportionment" (MUKUNOKI Hiroshi, OKOSHI Hirofumi and Dirk SCHINDLER)
2024
RIETI Discussion Papers
- 25-E-031
"Gender-specific Exposure to Trade, Labor Market Adjustments, and the Family" (MORI Hiroaki, MUROGA Kiho and SASAHARA Akira) - 25-E-029
"Geopolitical Risk and Corporate Behaviors: Propagation of shocks through global operations" (Huu Nhan DUONG, ISHIKAWA Jota, NISHIDE Katsumasa, S. Ghon RHEE and SASAHARA Akira) - 25-E-026
"Cross-border Partial Equity Ownership" (Tomohiro ARA, Arghya GHOSH, MORITA Hodaka and MUKUNOKI Hiroshi) - 25-E-007
"Multinational Firm Innovation and Affiliate Sourcing Decisions" (Eric BOND, HOANG Trang, MA Yan and MAKIOKA Ryo) - 25-E-003
"Partial Cross-ownership and Merger Control in International Trade" (Arghya GHOSH and MUKUNOKI Hiroshi) - 24-E-086
"Together or Apart? Eco-friendly location under fiscal competition" (HIGASHIDA Keisaku and OKOSHI Hirofumi) - 24-E-051
"A Global Minimum Tax for Large Firms Only: Implications for Tax Competition" (Andreas HAUFLER and KATO Hayato)
2023
RIETI Discussion Papers
- 24-E-040
"Technology Transfer, Emissions Trading, and International Trade" (ISHIKAWA Jota, KIYONO Kazuharu and YOMOGIDA Morihiro) - 24-E-026
"Negotiation for Transfer Prices under the Arm's Length Principle" (OKOSHI Hirofumi) - 24-E-024
"Keep Your Friends Close and Your Enemies Closer: Network externality and tax competition" (OKOSHI Hirofumi and MUKUNOKI Hiroshi) - 24-E-015
"R&D Subsidies and Multi-product Firms" (Rikard FORSLID and OKUBO Toshihiro) - 23-E-061
"Trade with Search Frictions: Identifying New Gains from Trade" (ARA Tomohiro) - 23-E-059
"Backfired Deregulation of Foreign Ownership Restrictions under Fiscal Competition for Foreign Direct Investment" (OKOSHI Hirofumi and Kyikyi Thar)