Research Activities

Research Projects 2023

Development of an Applied General Equilibrium Model that Incorporates Intra-National Inter-Regional Trade

Outline

We plan to develop an applied general equilibrium (AGE) model that incorporates intra-national inter-regional trade as an analytical tool to deepen the research on global value chains (GVCs). Considering the present situation that inter-regional input-output tables are not well-maintained in many countries, we start from establishing a methodology to sub-divide the intra-national inter-regional trade in a national input-output data. Then, we move to estimate the "substitution elasticity between inflows from different region," which plays the most important role in an AGE analysis. Prioritizing establishment of methodologies for data compilation and model building over being a "research on developing economies," we are planning to carry out various tasks using information on Japan.

Period

April 2022 - March 2024

Members
Role Member
[ Organizer ] Oyamada, Kazuhiko
[ Co-researcher ] Mayumi Fukumoto(Chiba Keizai University Professor)
[ Co-researcher ] Iwamoto, Tomohiro (Fukui University of Technology Lecturer)

*Affiliations are as of April 2023.

Expected Outcome
  • Book published by IDE (Japanese)