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[Accepting]
Professor Jun Goto (GRIPS): Judicial Independence and Economic Development: Evidence from the Constitutional Reinterpretation in India
This paper investigates the causal impact of establishing judicial independence on economic development. We exploit a natural experiment arising from the 1993 “Second Judges Case” in India, in which the Supreme Court reinterpreted the constitution to eliminate direct political influence over judicial appointments. Under the new system, judges themselves began selecting High Court appointees, a peer-selection rule that applied to all appointments after 1993. Employing a difference-in-differences approach, we leverage variation introduced by the mandatory retirement age for High Court judges: ne...
APL
Event Date：2025.07.31
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[Accepting]
Ian Coxhead (IDE-JETRO and University of Wisconsin-Madison): "China shocks" and the developing countries revisited: the GTAP mixtape
How does China's successful move up the manufacturing value chain affect development goals in other economies? China is not only the world's largest exporter; it has also dramatically altered the composition of its exports toward medium-high skill-intensity products. The changing product mix comes partly from industrial policies directed at skill and technology-intensive sectors, and partly from an unprecedented increase in the stock of tertiary-educated workers that those industries require. In other industrializing economies, however, the scale and composition effects of China'...
APL
Event Date：2025.06.05
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[Accepting]
Professor Qianxue Zhang (GraSPP, the University of Tokyo): Resilient Innovation through knowledge diffusion under trade shocks
I develop a new model where sectoral knowledge diffusion affects the optimal innovation of firms during trade shocks. In the model, large firms and small firms compete in the market, with only large firms engaging in innovation. Changes in trade costs influence market concentration, which in turn alters the level of knowledge diffusion. The impacts on innovation depend on pre-shock level diffusion rates, with sectors that exhibit higher rates being less affected by trade cost changes. Despite the positive correlation between diffusion and innovation, this suggests that sectors with higher diff...
APL
Event Date：2025.05.22
[Accepting] Professor Jun Goto (GRIPS): Judicial Independence and Economic Development: Evidence from the Constitutional Reinterpretation in India This paper investigates the causal impact of establishing judicial independence on economic development. We exploit a natural experiment arising from the 1993 “Second Judges Case” in India, in which the Supreme Court reinterpreted the constitution to eliminate direct political influence over judicial appointments. Under the new system, judges themselves began selecting High Court appointees, a peer-selection rule that applied to all appointments after 1993. Employing a difference-in-differences approach, we leverage variation introduced by the mandatory retirement age for High Court judges: ne... APL Event Date：2025.07.31