Analyses of Trade Policy Preferences Based on Individual-level Data : Summary of Research Results from a RIETI Survey of 10,000 Individuals

         
Author Name TOMIURA Eiichi (Faculty Fellow, RIETI) / ITO Banri (Research Associate, RIETI) / MUKUNOKI Hiroshi (Gakushuin University) / WAKASUGI Ryuhei (Senior Advisor, RIETI)
Creation Date/NO. February 2020 20-P-006
Research Project Empirical Analysis of Corporate Global Activities in the Digital Economy
Download / Links

Abstract

Protectionist trade policies are increasingly observed in many countries. We need to explore which characteristics of individuals influence support for protectionist policies. For this purpose, we conduct a survey of 10,000 individuals in Japan. This review article summarizes the main findings from our project on trade policy preferences and discusses their policy implications. We confirm the impacts of previously well-established factors, such as occupation, industry, and education, but discover significant effects of behavioral biases. We also detect relationships with regional characteristics. Our research results suggest that various policy measures, not limited to traditional income compensation or insurance schemes, are required to widen support for trade liberalization.