defense policy seems to be forthcoming. Japan could play strategic roles particularly in ballistic missile defense and U.S.-Japan …During the Cold War, Japan played a strategic role by contributing to the global containment against the Soviet Union …. After the Cold War, Japan became more active operationally and better prepared legally. However, it did not play significant …

be organized around common notions of complete markets. This paper compares two alternative modes of trade policy … analysis by juxtaposing the "economic" view inherent in Gene Grossman's work on "Japan's Innovation and Trade" with the … remarks on "New Trade Theory's Implications for Policy Analysis" by John Pomery. …

be organized around common notions of complete markets. This paper compares two alternative modes of trade policy … analysis by juxtaposing the "economic" view inherent in Gene Grossman's work on "Japan's Innovation and Trade" with the … remarks on "New Trade Theory's Implications for Policy Analysis" by John Pomery. …

Japan. This paper is similar in spirit to Ramey and Zubairy (2018), who look at the government spending multiplier in times …

US military Research and Development (R&D) expenditures arguably represent the best example of mission-oriented policy …. They are sizeable, with a clear-cut public purpose (national defense) and with the government being their exclusive … investigate the impact of defense R&D on privately-financed R&D. To address potential endogeneity in the allocation of funds, we …