This paper offers a Spatial Computable General Equilibrium Model (SCGE) to evaluate the potential regional economic impacts of the Central Asia Regional Economic Cooperation Program (CAREC) corridors and the Trans-Caspian International Transport Route (TITR). We base our model on spatial...

Free trade agreements (FTAs) have proliferated in East Asia in recent years. As of December 2008, eight bilateral FTAs and one plurilateral FTA involving Japan have entered into force; additional negotiations are ongoing with several more countries. The proliferation of FTAs in Japan and other...

A sustainable financing strategy for SMEs should aim to enhance a low-cost collateral-free supply of loans to SMEs with good track records of repayments to banks. This paper suggests two alternative financing mechanisms to overcome certain borrowing constraints of SMEs. First, it suggests an...

This study examines recent changes in international production networks facing various risks. We primarily investigate how import sources of the European Union (EU) countries in machinery industries have changed from the pre-pandemic to the post-pandemic period using monthly and annual...

This study empirically examines how the coronavirus disease (COVID-19) has impacted foreign direct investment (FDI), using the quarterly data on bilateral FDI flows from 173 home to 192 host countries from the first quarter of 2019 to the second quarter of 2021. We measure the severity of...

This study empirically investigates how the exports of downstream products to the US change the imports of their upstream products from China during the US-China tariff war. To accomplish this, we use province-level trade data in Vietnam, known to be a country that increased its exports to the...