Research Activities

Research Projects

Development and Application of an Economic Model for the Global Crude Oil/Natural Gas Market (2018_2_40_015)


This project aims to develop an empirical model that interlinks multi-country economic models with the global crude oil and natural gas market. Our model attempts to endogenize the determination of crude oil prices and natural gas prices in order to clarify the effect of economic spillovers between energy markets and macro economies. This approach could provide a wider perspective toward contributing to an economic policy that leads to the achievement of sustainable economic growth.


April 2018 - March 2020

Members of the Research Project
[ Organizer ] Shibata Tsubasa
[ Co-researcher ] Kosaka Hiroyuki (Keio University professor emeritus)
  • IDE Research Bulletin
  • Discussion Paper