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RISS 인기검색어
- 검색키워드
- 저자 : Tsunehiro Otsuki (검색결과 4 건)
- 무료
- 기관 내 무료
- 유료
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Foreign Aid and Economic Growth in West Africa: Examining the Roles of Institutions
Sikiru Babalola,Tsunehiro Otsuki 한국국제경제학회 2020 International Economic Journal Vol.34 No.3
This study examines the roles of institutions on the relationship between foreign aid and economic growth in the 16 West African countries. Relying on panel data obtained from the World Bank’s world development and governance indicators, from 1996 to 2017, the study employs the autoregressive distributed lag technique in investigating the relationship. The empirical findings depict that foreign aid exerts a neutral effect on economic growth; the effect turns negative when the institutional variable is incorporated into the analysis. Again, the interaction effect of foreign aid and institution on economic growth is such that it reduces the negative effect of foreign aid on economic growth. The other factors of growth included are trade openness and government size, whose effects are positive and largely negative on the growth of the West African region, respectively. A significant policy implication from these findings is that the efforts of governments of the region should be directed towards building formidable economic, social and political institutions. This would not only reduce the negative impact of aid on growth but would also promote the competitiveness of the countries for private domestic and foreign capital; thus, reducing reliance on foreign aid.
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Qizhong Yang,Tsunehiro Otsuki,Etsuyo Michida 한국국제경제학회 2020 International Economic Journal Vol.34 No.3
In the past decade, product-related environmental regulations (PRERs) aimed at environmental protection and consumers’ health and safety were actively introduced in developed countries, led by the EU. This study examined the impact of two PRERs released by the EU—RoHS and REACH—on Malaysian and Vietnamese firms’ compliance. The first analysis focuses on the R&D enhancement effect of PRERs. We then consider productivity as a realization of innovations and examine if the R&D enhanced by PRERs can promote further productivity. The result shows that the response to REACH can create incentives to advance R&D. Further estimations on the effect of inducedR&Don firm productivity show a significant positive relationship between them. On the other hand, no relationship between the response to RoHS and R&D expenditure is found. Moreover, the analysis also shows that firms comply with RoHS and REACH in different ways, but just the ability to continue exporting to the EU motivates compliance.
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Food Safety and Trade: Winners and Losers in a Non-Harmonized World
( John S. Wilson ),( Tsunehiro Otsuki ) 세종대학교 경제통합연구소 (구 세종대학교 국제경제연구소) 2003 Journal of Economic Integration Vol.18 No.2
Food safety and the trade-off between precaution and increased agricultural exports are at the forefront of policy debate. Moreover, how international standards are set for food safety, can have a profound effect on export prospects for the least developed countries. This study examines the impact of adopting international food safety standards and harmonization of standards on global food trade patterns. The paper estimates the effect of aflatoxin standards in 15 importing (4 developing) countries on exports from 31 (21 developing ) countries. We estimate that world exports would rise by $38.8 billion if an international standard (Codex) were adopted, compared to the current divergent national standards in place.
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Food Safety and Trade : Winners and Losers in a Non-Harmonized World
Wilson, John S.,Otsuki, Tsunehiro 세종대학교 국제경제연구소 2003 Journal of Economic Integration Vol.18 No.2
Food safety and the trade-off between precaution and increased agricultural exports ane at the forefront of policy devate. Moreover, how international standards are ser for food safety, can hace a progound effect on export prospects for the least developed countries. This stuy examines the impact of adopting international food safety standards and tharmanization of standards on global food trade patterns. The paper estimates the effect of aflatoxin standards in 15 importing(4 developing) countries on exports from 31 (21 develoging) countries. We estimate that world wxports would rise by $38.8 villion if an international standard (Codex) were adopted, compared to the current divergent national standards in place.
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