In this study, we argue that the conventional intra-industry trade (IIT) index does not directly address the quality issue and propose a methodology to make full use of unit price gap information to deduce quality differences between simultaneousl...
This paper examines the effects of a common currency on the quality of traded goods. For this purpose, we construct a quality-based heterogeneous firm trade model to incorporate the formation of currency unions and the ensuing elimination of excha...
Kazunobu Hayakawa   Tadashi Ito   Fukunari Kimura   
REVIEW OF DEVELOPMENT ECONOMICS 20(1) 317-326 2016年2月 [査読有り]
This study uses the most disaggregated tariff line-level trade data in a large number of countries in the world to empirically decompose the trade creation effects of regional trade agreements (RTAs) into those owing to tariff reduction and those ...
Review of Urban and Regional Development Studies 27(2) 89-103 2015年7月
Unlike the conventional theoretical approach explaining tourism demand by various kinds of determinants, this paper proposes a model in which probabilistic behavior explains the dynamics of the number of tourists. More specifically, the model assu...