This paper empirically decomposes trade creation effects of regional trade agreements (RTAs) into those due to the tariff reduction effects and due to non-tariff barrier (NTB) removal by using the most disaggregated tariff-line level trade data in a large number of countries in the world....

The aim of this paper is to extensively review empirical studies that analyze the globalization phenomena by using micro data. First, we set up a flow chart describing how the policy measures on globalization lead to national productivity enhancement. Second, we summarize the hypotheses and the...

In this paper, we empirically investigate the relationship between exchange rate volatility and international trade, focusing on East Asia. Our findings are summarized as follows: first, intra-East Asian trade is discouraged by exchange rate volatility more seriously than trade in other regions....

The unprecedented development of production networks in East Asia has been investigated, both theoretically and empirically, employing the conceptual framework of fragmentation theory and its extensions. However, the benefits of production fragmentation at the firm level, particularly benefits...

This paper extensively reviews empirical studies that analyze the various impacts of the globalization phenomenon on corporate activities by using micro data. First, we set up a flow chart describing how globalization leads to national productivity enhancement. Secondly, we summarize the...

This paper presents an extensive review of empirical studies that analyze the various impacts of the globalization phenomenon on corporate activities, using micro data. First, we set up a flow chart describing how globalization leads to national productivity enhancement. Secondly, we summarize...

In this paper we empirically investigate the effects on inward FDI of various components of political and financial risk. We also examine the relationship between inward FDI and not only the level of these risks but also their changes over time. Two kinds of findings are noteworthy. One is that...

It is widely believed that EMI in East Asia is beneficial for both developed and developing countries. However, such benefits are more often stated in qualitative ways than in quantitative ways. Since the benefits of EMI are not without questions, it is useful to do further quantitative studies...

ASEAN RISING: ASEAN and AEC Beyond 2015 puts together ideas, thoughts and papers from more than 30 experts and specialists in the region on various areas relating to ASEAN and AEC beyond 2015. It discusses the challenges for ASEAN and AEC, how to face them and how ASEAN should move forward...

Academic literature has theoretically discussed government strategy on regional trade agreements (RTAs) and has empirically identified some elements that play significant roles for that. The purpose of this study is to check the validity of these elements by means of a questionnaire survey of...