skip to contents.

Research Activities

Research Projects

FY 2006/2007 Research Topic: 1-02
Asian Regional Economic Integration from the Viewpoint of Spatial Economics

Outline

Since the beginning of the 1990s, spatial economics has been studied extensively as a cutting-edge field of economics. It explicitly incorporates "space," which was neglected by traditional economics, into its theory. The dramatic increase in research on spatial economics in the last decade coincided with the globalization and regional integration of the world economy, as represented by the formation of European Union (EU) and North American Free Trade Agreement (NAFTA).

In East Asia, the evolution of "de-facto" regional integration makes it apparent that traditional theories of international trade are no longer able to explain the actual trade and investment flows in this region. Spatial economics is indispensable for analyzing regional integration in East Asia, because the existence of China, which has both abundant low-cost labor and a huge domestic market, requires a theory that incorporates the notion of increasing returns.

This research project aims to analyze regional integration in East Asia from the viewpoint of spatial economics, thus contributing both theoretically and empirically to studies of regional integration.

Period

April 2005 - March 2007

Organizer

Members of the Research Project

NISHIKIMI Koji
FUJITA Masahisa
KUMAGAI Satoru
KUCHIKI Akifumi
ISONO Ikumo
GOKAN Toshitaka
HAMAGUCHI Nobuaki (Associate Professor, Kobe University)
OTSUJI Yoshihiro (Deputy Director-General, Economic and Industrial Policy Bureau, Ministry of Economy, Trade and Industry)

Publications