KOKUSAI KEIZAI
Online ISSN : 1884-4359
Print ISSN : 0387-3943
ISSN-L : 0387-3943
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Volume 2011, Issue 62
Displaying 1-11 of 11 articles from this issue
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ARTICLES PRESENTED AT THE69TH ANNUAL MEETING
  • Greenhouse Gas Reduction and the Governance of Global Economy
    Mitsuhiro Fukao
    2011 Volume 2011 Issue 62 Pages 5-18
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.01.f
    JOURNAL FREE ACCESS
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      Former Prime Minister Hatoyama’s target of greenhouse gas emission reduction implies an extremely high marginal reduction cost. According to the simulation results by Japan Center for Economic Research, the required carbon tax to achieve the target is about 60,000 to 100,000 yen per 1 ton of CO2 emission. As a required tax level on crude oil to Japan, the carbon tax would be 30,000 yen to 50,000 yen per barrel. The carbon tax revenue will be about 60 trillion yen to 100 trillion yen or 12 to 20% of Japan’s GDP. The cause of the very high levels of carbon tax rate is the relatively low price elasticity of energy demand in Japan. In order to avoid trade distortions, it is necessary to change WTO rules to allow border adjustment of carbon taxes across countries.
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  • Comment
    Yasuyuki Sawada
    2011 Volume 2011 Issue 62 Pages 19-21
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.02.y
    JOURNAL FREE ACCESS
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  • Trade and Environment in the East Asian Region:Simulation Analysis by East Asia Link CGE Model
    Qingzhu Yin, Kiyoshi Fujikawa
    2011 Volume 2011 Issue 62 Pages 23-44
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.03.qk
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      The purpose of this paper is to develop an “East Asia linked CGE model” based on the “Asian International Input-Output Table 2000” (AIIO2000) compiled by JETRO/IDE to analyze economic and environment problems of Free Trade Agreement (FTA) .
      There are many studies on economic and environment problems of FTA using GTAP model because GTAP is rather easy to handle. GTAP model, however, cannot implement inter-industry and international analysis since the IO data base of GTAP is of competitive type. On the other hand, AIIO is a more powerful data base for linked CGE model since AIIO is of non-competitive type that records inter-industry transactions of goods and services among nations in detail.
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  • Comment
    Kanemi Ban
    2011 Volume 2011 Issue 62 Pages 45-46
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.04.k
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  • Sustainability Research and Assessment: the Role of Economics
    Michinori Uwasu
    2011 Volume 2011 Issue 62 Pages 47-63
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.05.m
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      Sustainability is a vast theme stemming from global environmental issues to social development. Although the term “sustainability development” is often used in the field discussion, no operational definition of sustainability in fact exists, making it difficult to conduct research and assessment in sustainability. This paper first discusses the current states of global sustainability, by addressing major environmental issues and socio-economic perspectives. I then argue that a holistic approach is necessary in sustainability research and assessment through specific research examples in economics. I show that economics plays a crucial role in sustainability research in that it provides not only important tools in dealing with uncertainty and complexity of different systems, but also useful information for policy making through valuation methods.
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  • Comment
    Morihiro Yomogida
    2011 Volume 2011 Issue 62 Pages 64-66
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.06.m
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COMMISSIONED ARTICLE
  • From Pacific Cooperation to APEC 2010:Following Professor Kiyoshi Kojima’s Pioeer Works
    Ippei Yamazawa
    2011 Volume 2011 Issue 62 Pages 67-75
    Published: 2011
    Released on J-STAGE: May 16, 2012
    DOIhttps://doi.org/10.5652/kokusaikeizai.kk2011.07.i
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      Professor Kojima proposed to strengthen the Pacific economic cooperation for the first time in the early 1960s. With the support by then Foreign Minister Takeo Miki, he made an Odyssey tour around Australia, New Zea1and, the United States, and Canada, and obtained support by leading economists in these countries. Together with Dr. Sabro Ohkita he hosted the first Pacific Trade and Development (PAFTAD) conference in Tokyo in 1968. With Korea, Taiwan, Hong Kong, ASEAN, China as well as Mexico and Chile joined successively, it has become the Pacific-wide economists’ meeting series discussing on economic cooperation and regiona1 integration. Pacific Economic Cooperation Conference (PECC), tripartite organization of business, governments and academics started in 1980 and Asia Pacific Economic Cooperation (APEC), the first inter-governmental organization, has started since 1989. His PAFTAD continued to give advices and research input to the development of PECC and APEC. Professor Kojima passed away in 2010 when Japan hosted the 22nd APEC in Yokohama.
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