Nori Tarui
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Open Access Renewable Resources, Urban Unemployment, and the Resolution of Dual Institutional Failures November 16, 2021 This paper investigates how poverty reduction and natural resource preservation can be simultaneously achieved in a small open dual economy with urban wage rigidity, open access rural resources, and rural-urban migration. An increase in the export tax rate on the rural resource good increases urban unemployment in both the short run and the long run with resource… Read More
You can’t always get what you want: Protectionist policies with the transport sector October 1, 2021 This paper incorporates key stylized facts about the transport sector into the conventional international oligopoly model and explores how protectionist policies perform differently when transport costs are endogenous and subject to the backhaul problem (i.e., the imbalance of shipping volume in outgoing and incoming routes). A country’s protectionist policies, which benefit domestic firms and harm foreign firms in the… Read More
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Assessing the impact of COVID-19 on global fossil fuel consumption and CO2 emissions May 1, 2021 We assess the effect of the COVID-19 pandemic on global fossil fuel consumption and CO2 emissions over the two-year horizon 2020Q1-2021Q4. We apply a global vector autoregressive (GVAR) model, which captures complex spatial-temporal interdependencies across countries associated with the international propagation of economic impact due to the virus spread. The model makes use of a unique quarterly data… Read More
UHERO’s Nori Tarui giving the Keynote Speech at the Society for Environmental and Economic Studies 2020 Annual Conference (in Japanese). October 5, 2020 Read More
What goes around comes around: Export-enhancing effects of import-tariff reductions September 1, 2020 In international trade, transportation requires a round trip for which a transport firm has to commit to shipping capacity that is sufficient to meet the maximum shipping volume. This may cause the “backhaul problem.” Trade theory suggests that, facing the problem, transport firms with market power adjust their freight rates strategically when import tariffs change. As a… Read More
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