http://hdl.handle.net/10086/12 チャネルの検索 検索 http://hermes-ir.lib.hit-u.ac.jp/rs/simple-search http://hdl.handle.net/10086/25386 Title: A CGE ANALYSIS OF THE ASEAN+3 FREE TRADE AGREEMENT UNDER DIFFERENT MARKET STRUCTURES <br/> <br/>Authors: LEE, SANG-HO; KIM, CHUNG-SIL <br/> <br/>In this paper, we investigate the economic effects of possible free trade agreements among ASEAN+3 countries, and then compare the economic results of those FTAs. Our main findings are as follows. First, the trilateral FTA among Korea, China, and ASEAN (FTA_KCA) under the imperfectly competitive model, which would bring about a 1.02% increase in GDP for Korea, is the second-best choice for Korea. Second, according to the sectoral effects, we determined that the output of agricultural products would decrease when China joins the FTA. This is because China has a comparative advantage in the production and export of agricultural products. http://hdl.handle.net/10086/25385 Title: IMPOSSIBILITIES OF PARETIAN SOCIAL WELFARE FUNCTIONS FOR INFINITE UTILITY STREAMS WITH DISTRIBUTIVE EQUITY <br/> <br/>Authors: SAKAMOTO, NORIHITO <br/> <br/>This paper examines the existence of social welfare functions satisfying some reasonable axioms of distributive equity and Pareto efficiency in aggregating infinite utility streams. Our main results show that there exist social welfare functions that satisfy both the Pigou-Dalton transfer principle and weak dominance.a weak version of the Pareto principle., but there exists no social welfare function that satisfies any of our distributive equity axioms and weak Pareto principle simultaneously. Thus, we prove that no Paretian ranking can satisfy numerical representability and any of distributive equity axioms in the setting of intertemporal social choice. http://hdl.handle.net/10086/25384 Title: SELLER-BUYER ETHNIC MATCHES: THE CASE OF CAR TRANSACTIONS AT TWO NORTH AMERICAN AUTO DEALERSHIPS <br/> <br/>Authors: OWAN, HIDEO; TSURU, TSUYOSHI; UEHARA, KATSUHITO <br/> <br/>Using personnel and transaction data obtained from two Canadian auto dealerships, we examine whether ethnic matches between salespersons and customers affectsales prices and the number of units sold by individual salespersons. Regarding prices, we detect neither premium price setting nor discounting among seller-buyer matches of the same ethnic groups relative to those of different ethnic groups. Regarding the number of units sold by individual salespersons, however, we find that, relative to customer demographics, salespersons sell larger quantities to customers of the same ethnic group. Moreover, we find that high-performing salespersons conduct more transactions with customers of the same ethnic group than low-performers, especially in months when business conditions are unfavorable. http://hdl.handle.net/10086/25383 Title: CHINA'S ECONOMIC GROWTH, STRUCTURAL CHANGE AND THE LEWISIAN TURNING POINT <br/> <br/>Authors: FUKAO, KYOJI; YUAN, TANGJUN <br/> <br/>Constructing an open economy Lewisian growthmodel withth ree sectors, we analyze the relationship between economic growth and the level of absolute prices. We show that the absolute price level will not increase until the economy reaches the Lewisian turning point. In addition, we show that in an economy like China, where there are strong barriers to the movement of labor to the manufacturing sector and where the ratio of net exports of goods and services to GDP is high, the economy will not reach the turning point until GDP per worker reaches a relatively high level.