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Fixing America's Housing Market 修复美国房地产市场
The International economy Pub Date : 2010-01-01 DOI: 10.7916/D8T443Z5
J. Stiglitz
{"title":"Fixing America's Housing Market","authors":"J. Stiglitz","doi":"10.7916/D8T443Z5","DOIUrl":"https://doi.org/10.7916/D8T443Z5","url":null,"abstract":"","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"43 1","pages":"44-45"},"PeriodicalIF":0.0,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86141061","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
Activities of Japanese Multinationals with Productivity Heterogeneity 生产率异质性下的日本跨国公司活动
The International economy Pub Date : 2010-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2010.08.W.T
Ryuhei Wakasugi, Ayumu Tanaka
{"title":"Activities of Japanese Multinationals with Productivity Heterogeneity","authors":"Ryuhei Wakasugi, Ayumu Tanaka","doi":"10.5652/INTERNATIONALECONOMY.IE2010.08.W.T","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2010.08.W.T","url":null,"abstract":"Many studies have shown that a small number of firms with high productivity carry out FDI, but few studies have considered how country-specific attributes affect firm's choice of internationalization. This paper aims to investigate what factors vary the productivity-cutoff for overseas production and how these factors affect the activities of firms: the size of overseas production, the number of firms operating overseas production, the average domestic and overseas sales, and the relative share of overseas production to domestic production. The results of theoretical and empirical examination in this paper show that larger market size and shorter distance between two markets lower the productivity-cutoff for overseas production of Japanese firms, and that both larger market and shorter distance increase the number of firms operating overseas and the size of their overseas production.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"62 1","pages":"128-142"},"PeriodicalIF":0.0,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91478525","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
A Flying Geese Theory of Industrial Development 工业发展的大雁理论
The International economy Pub Date : 2010-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2010.03.F
T. Furusawa
{"title":"A Flying Geese Theory of Industrial Development","authors":"T. Furusawa","doi":"10.5652/INTERNATIONALECONOMY.IE2010.03.F","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2010.03.F","url":null,"abstract":"We develope a flying geese theory of North-South trade in which production location alternates between North and South as Northern quality-upgrading R&D and Southern catching-up R&D alternately become successful. Each variety of the good is born in North and continue to be produced in North until it becomes obsolete. The location of the dominant firms of the industry, however, shifts back and forth between North and South, as geese take turns to be the lead goose in the formation of flying geese.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"26 1","pages":"44-58"},"PeriodicalIF":0.0,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85746754","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 and the Environment: Spatial Separation under Product Differentiation 贸易与环境:产品分异下的空间分离
The International economy Pub Date : 2010-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2010.06.S.T
Nobuhito Suga, M. Tawada
{"title":"Trade and the Environment: Spatial Separation under Product Differentiation","authors":"Nobuhito Suga, M. Tawada","doi":"10.5652/INTERNATIONALECONOMY.IE2010.06.S.T","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2010.06.S.T","url":null,"abstract":"This paper presents a two-country model of monopolistic competition in which production of differentiated products in the manufacturing sector lowers productivity in the agricultural sector through a cross-sector pollution externality. We show that free trade raises the spatial separation of the incompatible industries and is possibly harmful to the country that becomes a net exporter of the manufacturing products. Also, we reveal that with product differentiation, trade only in the manufacturing products can be the most beneficial trade regime for the country holding a comparative advantage in those products.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"17 1","pages":"95-112"},"PeriodicalIF":0.0,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85874042","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
Global Imbalances and East Asian Currencies 全球失衡与东亚货币
The International economy Pub Date : 2009-04-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2009.01.O
E. Ogawa
{"title":"Global Imbalances and East Asian Currencies","authors":"E. Ogawa","doi":"10.5652/INTERNATIONALECONOMY.IE2009.01.O","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2009.01.O","url":null,"abstract":"This paper considers a causality relationship from the global imbalances to the global financial crisis and asymmetric reactions of East Asian currencies to the global financial crisis. In addition, it is pointed out that regional monetary coordination is necessary for stability of intra-regional exchange rates among East Asian currencies. It considers what we should do for the regional monetary coordination in East Asia.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"50 1","pages":"3-14"},"PeriodicalIF":0.0,"publicationDate":"2009-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73620725","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 Birth of International Surplus Capital and After 国际剩余资本的产生及其后
The International economy Pub Date : 2009-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2009.02.I
Masahiko Itaki
{"title":"The Birth of International Surplus Capital and After","authors":"Masahiko Itaki","doi":"10.5652/INTERNATIONALECONOMY.IE2009.02.I","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2009.02.I","url":null,"abstract":"The paper presents the basic conceptual framework, whereby to comprehend a series of global financial crises since the early 1980s, i.e. absolute, relative, and absolute and relative surplus capital on the global scale. A short history of the birth of international surplus capital in the middle of the 1990s is followed by the author’s interpretation of the present global financial crisis beginning with subprime mortgage crisis in 2007. And finally, merits and advantages of dialectical conceptual analysis are advocated as an economic methodology.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"4 1","pages":"15-22"},"PeriodicalIF":0.0,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79133776","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
Global Pollution, Dynamic and Strategic Policy Interactions, and Long-run Effects of Trade 全球污染、动态和战略政策互动以及贸易的长期影响
The International economy Pub Date : 2009-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2009.03.Y
Akihiko Yanase
{"title":"Global Pollution, Dynamic and Strategic Policy Interactions, and Long-run Effects of Trade","authors":"Akihiko Yanase","doi":"10.5652/INTERNATIONALECONOMY.IE2009.03.Y","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2009.03.Y","url":null,"abstract":"This paper examines the effects of international trade in a model with global pollution that accumulates over time because of production emissions in each country. If countries cooperatively determine the national environmental policies, the long-run stock of global pollution under trade may or may not be higher than that under autarky, depending on abatement technologies and trade costs. If environmental policies are determined noncooperatively, there may be multiple equilibria. This means that the long-run effect of trade on the global environment may be indeterminate because it depends on, in addition to trade costs and abatement technologies, the actually implemented policy. The welfare consequences of trade are also discussed.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"98 1","pages":"23-49"},"PeriodicalIF":0.0,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73039920","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
Time for More Stimulus 是时候出台更多刺激措施了
The International economy Pub Date : 2009-01-01 DOI: 10.7916/D8F198KR
J. Stiglitz
{"title":"Time for More Stimulus","authors":"J. Stiglitz","doi":"10.7916/D8F198KR","DOIUrl":"https://doi.org/10.7916/D8F198KR","url":null,"abstract":"","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"12 1","pages":"24-25"},"PeriodicalIF":0.0,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76266938","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
FDI with Reverse Imports and Hollowing Out 外商直接投资与逆向进口和空心化
The International economy Pub Date : 2009-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2009.05.M
K. Matsubara
{"title":"FDI with Reverse Imports and Hollowing Out","authors":"K. Matsubara","doi":"10.5652/INTERNATIONALECONOMY.IE2009.05.M","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2009.05.M","url":null,"abstract":"This article addresses plant location by a home firm and its impact on the home economy. Home-wage thresholds for the firm and the home consumer exist. If the foreign wage is below the level equating the two thresholds, the equilibrium plant location is FDI, some of which are involuntary for the firm. If the foreign wage is greater than this level, home production is chosen. A decrease in the fixed cost of FDI may benefit both the firm and the consumer, while an increase in the minimum wage in the home country is not always beneficial to the consumer.","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"73 1","pages":"65-78"},"PeriodicalIF":0.0,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80451093","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: 3
An Analysis of Preferential Trade Agreements 优惠贸易协定分析
The International economy Pub Date : 2009-01-01 DOI: 10.5652/INTERNATIONALECONOMY.IE2009.06.K
Yoshitaka Kawagoshi
{"title":"An Analysis of Preferential Trade Agreements","authors":"Yoshitaka Kawagoshi","doi":"10.5652/INTERNATIONALECONOMY.IE2009.06.K","DOIUrl":"https://doi.org/10.5652/INTERNATIONALECONOMY.IE2009.06.K","url":null,"abstract":"This paper uses the new economic geography approach to analyze the effects of preferential trade agreements on industrial location and welfare. The tariff reductions lead to higher concentrations of firms in countries that enter a preferential trade agreement. Consequently, the welfare of member countries increases, but that of non-member countries may not. If preferential trade agreements have a hub-and-spoke structure, they will make more firms move to the hub, and welfare will increase in all countries","PeriodicalId":22492,"journal":{"name":"The International economy","volume":"8 1","pages":"79-92"},"PeriodicalIF":0.0,"publicationDate":"2009-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81776823","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
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