The International economy最新文献

筛选
英文 中文
On Patterns and Efficiency of Investment in Transport Infrastructure 交通基础设施投资模式与效率研究
The International economy Pub Date : 2021-01-01 DOI: 10.5652/INTERNATIONALECONOMY/IE2020.24.02.AY
Akihiko Yanase, Masafumi Tsubuku
{"title":"On Patterns and Efficiency of Investment in Transport Infrastructure","authors":"Akihiko Yanase, Masafumi Tsubuku","doi":"10.5652/INTERNATIONALECONOMY/IE2020.24.02.AY","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY/IE2020.24.02.AY","url":null,"abstract":"This paper develops a two-country model of intraindustry trade in which overseas shipping incurs transport costs. National governments make investment in the transport infrastructure to reduce the transport costs and enhance national welfare. This paper investigates what patterns of public investment can be derived as equilibrium outcomes and whether these equilibrium investment patterns are socially efficient. It is shown that, among others, if the public investment technology exhibits increasing returns at an international level, coordination problem of public investment may occur.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75868510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Globalization Trap? Trade and Labor Market Interactions Revisited 全球化陷阱呢?贸易和劳动力市场的相互作用
The International economy Pub Date : 2021-01-01 DOI: 10.5652/internationaleconomy/ie2020.24.07.hn
Hiroyuki Nishiyama, Yasuhiro Gintani
{"title":"Globalization Trap? Trade and Labor Market Interactions Revisited","authors":"Hiroyuki Nishiyama, Yasuhiro Gintani","doi":"10.5652/internationaleconomy/ie2020.24.07.hn","DOIUrl":"https://doi.org/10.5652/internationaleconomy/ie2020.24.07.hn","url":null,"abstract":"","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77773350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Effect of Foreign Acquisition on Firm-Level Productivity:A Literature Survey 外资并购对企业生产率的影响:文献综述
The International economy Pub Date : 2021-01-01 DOI: 10.5652/INTERNATIONALECONOMY/IE2020.24.05.LT
L. Tőkés
{"title":"The Effect of Foreign Acquisition on Firm-Level Productivity:A Literature Survey","authors":"L. Tőkés","doi":"10.5652/INTERNATIONALECONOMY/IE2020.24.05.LT","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY/IE2020.24.05.LT","url":null,"abstract":"One important aspect of globalization is the cross - border flow of capital, namely foreign direct investment that is considered to be an important engine of economic growth via productivity enhancement. One important form of foreign direct investment is cross - border mergers and acquisitions (M&As). The effect of M&As on firm - level productivity has been analyzed in many papers. This article provides a survey of this literature following a kind of evolutionary perspective: The main results are presented following advances in data usage and methodology. Further research questions are also formulated.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73240981","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Impact of COVID-19 on Global Production: Evidence from Japanese Multinational Firms COVID-19对全球生产的影响:来自日本跨国公司的证据
The International economy Pub Date : 2021-01-01 DOI: 10.5652/internationaleconomy/ie2020.24.06.hz
Hongyong Zhang
{"title":"The Impact of COVID-19 on Global Production: Evidence from Japanese Multinational Firms","authors":"Hongyong Zhang","doi":"10.5652/internationaleconomy/ie2020.24.06.hz","DOIUrl":"https://doi.org/10.5652/internationaleconomy/ie2020.24.06.hz","url":null,"abstract":"COVID-19 has had large impacts on global production and international trade. The column uses quarterly aggregate-levle data on foreign affiliates of japanes multinational corporations to show that multinational production and supply chains were negatively affected by the COVID-19 pandemic, especially in the 2nd quarter of 2020. The sales of Japanes manufacturing affiliates almost recoverd in teh 4th quarter of 2020, indicating the resilience of global production and multinationals' supply chanis. But there are large varations in recovery acress coutnries.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73577208","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
An Assessment of the ECB’s Unconventional Monetary Policies 欧洲央行非常规货币政策评估
The International economy Pub Date : 2021-01-01 DOI: 10.5652/INTERNATIONALECONOMY/IE2020.24.04.HS
Hirotaka Suzuki
{"title":"An Assessment of the ECB’s Unconventional Monetary Policies","authors":"Hirotaka Suzuki","doi":"10.5652/INTERNATIONALECONOMY/IE2020.24.04.HS","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY/IE2020.24.04.HS","url":null,"abstract":"This study evaluates the effectiveness of the European Central Bank’s unconventional monetary policy. We assume Calvo - type friction and develop a forward - looking New Keynesian state - space model with an error correction term to address both unit roots and stationary variables at once. Subsequently, we decompose the nominal effects into asset pricing kernels and real effects. Thus, we show empirically that the corporate sector purchase program (CSPP) and CSPP - based bank lending to households positively affect trend inflation due to credit easing. However, due to asymmetric development within the European Union and the Euro area, there is no consensus on whether they should be continued after the crisis.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84857764","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
What does Regional Economic Integration Deliver? 区域经济一体化带来了什么?
The International economy Pub Date : 2021-01-01 DOI: 10.5652/INTERNATIONALECONOMY/IE2020.24.03.NJ
Naoto Jinji
{"title":"What does Regional Economic Integration Deliver?","authors":"Naoto Jinji","doi":"10.5652/INTERNATIONALECONOMY/IE2020.24.03.NJ","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY/IE2020.24.03.NJ","url":null,"abstract":"I examine whether recent regional integrations are deeper than older ones using data on the contents of trade agreements. I show that although recent regional integrations are deeper than older ones, the coverage of policy areas is mainly restricted to the provisions that fall under the current mandate of the WTO discipline. I also show that the depth and breadth of RTAs are heterogeneous according to types of RTAs, country pairs, and particular signatory countries, though the differences tend to be narrowing. Then, reviewing the findings of recent studies, I argue that deep integration delivers many gains to trade in goods, production networks, and research and development. However, further studies are required to fully understand the gains and losses of deep integration.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85666665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Cross-border Technology Licensing and Trade Policy 跨境技术许可和贸易政策
The International economy Pub Date : 2020-06-25 DOI: 10.5652/internationaleconomy/ie2020.23.04.ji
Jota Ishikawa, Yoshimasa Komoriya, Y. Sugita
{"title":"Cross-border Technology Licensing and Trade Policy","authors":"Jota Ishikawa, Yoshimasa Komoriya, Y. Sugita","doi":"10.5652/internationaleconomy/ie2020.23.04.ji","DOIUrl":"https://doi.org/10.5652/internationaleconomy/ie2020.23.04.ji","url":null,"abstract":"We construct a theoretical model in which an outside technology licenser licenses its superior technology to either a home firm or a foreign firm, both of which are engaged in Cournot competition in the home market. We specifically explore the relationship between cross - border technology licensing and home tariffs when the two firms are asymmetric. Licensing benefits consumers but harms both home and foreign firms regardless of which firm becomes the licensee. The tariff rate affects the choice of the licensee and home welfare. In contrast with the existing literature on international technology licensing, the welfare - maximizing home government may choose such a tariff rate that induces the licenser to license the technology to the foreign firm. The optimal tariff rate may become negative in the presence of licens ing. Trade liberalization may lead the licenser to switch the licensee.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72597815","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Rates of Population Decline in Solow and Semi-Endogenous Growth Models: Empirical Relevance and the Role of Child Rearing Cost 索洛和半内生增长模型中的人口下降速度:经验相关性和抚养成本的作用
The International economy Pub Date : 2020-01-29 DOI: 10.5652/INTERNATIONALECONOMY/IE2020.23.08.ID
Ichiroh Daitoh
{"title":"Rates of Population Decline in Solow and Semi-Endogenous Growth Models: Empirical Relevance and the Role of Child Rearing Cost","authors":"Ichiroh Daitoh","doi":"10.5652/INTERNATIONALECONOMY/IE2020.23.08.ID","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY/IE2020.23.08.ID","url":null,"abstract":"It has been found that population decline may change the properties of growth paths from those in a population-increasing economy in the Solow and semi-endogenous growth models. However, the rates of population decline needed to generate richer dynamics seem too large given the available empirical data and population prospects. This paper first shows that in a semi-endogenous growth model, positive externalities from knowledge accumulation can make such rates of population decline sufficiently small to be consistent with the United Nations population estimates. In the Solow growth model without such externalities, an introduction of child rearing costs could reduce the critical rate of population decline below which richer dynamics emerge. Finally, the economic implications of a child rearing cost are discussed for the Solow growth model with population decline.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90424344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Monopolistic Competition and International Coordination of Entry Policy Revisited 垄断竞争与进入政策的国际协调
The International economy Pub Date : 2020-01-01 DOI: 10.5652/internationaleconomy/ie2020.23.02.ay
Akihiko Yanase
{"title":"Monopolistic Competition and International Coordination of Entry Policy Revisited","authors":"Akihiko Yanase","doi":"10.5652/internationaleconomy/ie2020.23.02.ay","DOIUrl":"https://doi.org/10.5652/internationaleconomy/ie2020.23.02.ay","url":null,"abstract":"This study develops a model of international trade under monopolistic competition with non-homothetic quadratic preferences that generate variable markups, and analyzes the effects of trade and domestic competition policies. It is shown that, among others, trade liberalization increases the long-run equilibrium varieties of differentiated goods available to consumers, but reduces welfare in the long run, and depending on the parameters of the model, the mass of firms under cooperative solution can be higher or lower than the mass of firms under noncooperative solution.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85084747","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Trade in Secondhand Goods and Recyclable Materials, Monitoring of Illegal Trade, and Import Quotas on Legal Trade 二手商品和可回收材料贸易、非法贸易监测和合法贸易进口配额
The International economy Pub Date : 2020-01-01 DOI: 10.5652/internationaleconomy/ie2020.23.07.kh
K. Higashida
{"title":"Trade in Secondhand Goods and Recyclable Materials, Monitoring of Illegal Trade, and Import Quotas on Legal Trade","authors":"K. Higashida","doi":"10.5652/internationaleconomy/ie2020.23.07.kh","DOIUrl":"https://doi.org/10.5652/internationaleconomy/ie2020.23.07.kh","url":null,"abstract":"This paper theoretically examines the monitoring of illegal trade, and restrictions on the legal trade, of secondhand goods and recyclable materials. We demonstrate that (a) a stricter monitoring necessarily decreases the environmental damage of the importing country as far as there are no legal imports of recyclable materials, and (b) a stricter trade restriction on legal imports increases the environmental damage of the importing country if a part of legal imports is recyclable materials and the marginal environmental damage caused by illegal trade is serious. Moreover, we investigate the policy game on the choice of monitoring probabilities between trading countries. JEL Classification: F13, F18, Q53","PeriodicalId":22492,"journal":{"name":"The International economy","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87164516","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信