{"created":"2023-07-27T12:34:00.035205+00:00","id":37717,"links":{},"metadata":{"_buckets":{"deposit":"11ac0320-df76-4c83-a7a4-e3885fee9ad8"},"_deposit":{"created_by":19,"id":"37717","owners":[19],"pid":{"revision_id":0,"type":"depid","value":"37717"},"status":"published"},"_oai":{"id":"oai:ir.ide.go.jp:00037717","sets":["3552:4093:4097"]},"author_link":["44482","44481"],"item_14_biblio_info_6":{"attribute_name":"収録情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2014-02-01","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"458","bibliographic_titles":[{"bibliographic_title":"IDE Discussion Paper"},{"bibliographic_title":"IDE Discussion Paper","bibliographic_titleLang":"en"}]}]},"item_14_description_21":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_14_description_23":{"attribute_name":"DIG_NO","attribute_value_mlt":[{"subitem_description":"IDP000458_001","subitem_description_type":"Other"}]},"item_14_description_3":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"International politics affects oil trade. But why? We construct a firm-level dataset for all U.S. oil-importing companies over 1986-2008 to examine what kinds of firms are more responsive to change in \"political distance\" between the U.S. and her trading partners, measured by divergence in their UN General Assembly voting patterns. Consistent with previous macro evidence, we first show that individual firms diversify their oil imports politically, even after controlling for unobserved firm heterogeneity. We conjecture that the political pattern of oil imports from these individual firms is driven by hold-up risks, because oil trade is often associated with backward vertical FDI. To test this hold-up risk hypothesis, we investigate heterogeneity in responses by matching transaction-level import data with firm-level worldwide reserves. Our results show that long-run oil import decisions are indeed more elastic for firms with oil reserves overseas than those without, although the reverse is true in the short run. We interpret this empirical regularity as that while firms trade in the spot market can adjust their imports immediately, vertically-integrated firms with investment overseas tend to commit to term contracts in the short run even though they are more responsive to changes in international politics in the long run.","subitem_description_type":"Abstract"}]},"item_14_geolocation_18":{"attribute_name":"地域/国名","attribute_value_mlt":[{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"アメリカ合衆国"}]}]},"item_14_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.20561/00037712","subitem_identifier_reg_type":"JaLC"}]},"item_14_publisher_7":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"Institute of Developing Economies　(IDE-JETRO)　"}]},"item_14_rights_5":{"attribute_name":"権利","attribute_value_mlt":[{"subitem_rights":"Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp"}]},"item_14_subject_16":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"678","subitem_subject_scheme":"NDC"}]},"item_14_subject_17":{"attribute_name":"JEL分類","attribute_value_mlt":[{"subitem_subject":"JEL:F13 - Trade Policy; International Trade Organizations","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:F51 -  International Conflicts; Negotiations; Sanctions","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:F59 -  International Relations and International Political Economy: Other","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:Q34 - Natural Resources and Domestic and International Conflicts","subitem_subject_scheme":"Other"}]},"item_14_subject_19":{"attribute_name":"主題(図書館用)","attribute_value_mlt":[{"subitem_subject":"United States","subitem_subject_scheme":"Other"},{"subitem_subject":"International trade","subitem_subject_scheme":"Other"},{"subitem_subject":"International relatiolns","subitem_subject_scheme":"Other"},{"subitem_subject":"Petroleum industry","subitem_subject_scheme":"Other"},{"subitem_subject":"Imports","subitem_subject_scheme":"Other"},{"subitem_subject":"Foreign investments","subitem_subject_scheme":"Other"},{"subitem_subject":"Energy resources","subitem_subject_scheme":"Other"},{"subitem_subject":"International politics","subitem_subject_scheme":"Other"},{"subitem_subject":"FDI-based imports","subitem_subject_scheme":"Other"},{"subitem_subject":"Hold-up risk","subitem_subject_scheme":"Other"},{"subitem_subject":"Energy security","subitem_subject_scheme":"Other"}]},"item_14_version_type_15":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"Kashcheeva, Mila"}],"nameIdentifiers":[{"nameIdentifier":"44481","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Tsui, Kevin K."}],"nameIdentifiers":[{"nameIdentifier":"44482","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2017-04-10"}],"displaytype":"detail","filename":"IDP000458_001.pdf","filesize":[{"value":"286.0 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"本文","url":"https://ir.ide.go.jp/record/37717/files/IDP000458_001.pdf"},"version_id":"d4078fc9-be43-491d-a840-e94d061584ea"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"Why do oil importers diversify their import sources politically? : evidence from U.S. firm-level data","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Why do oil importers diversify their import sources politically? : evidence from U.S. firm-level data"}]},"item_type_id":"14","owner":"19","path":["4097"],"pubdate":{"attribute_name":"公開日","attribute_value":"2014-06-25"},"publish_date":"2014-06-25","publish_status":"0","recid":"37717","relation_version_is_last":true,"title":["Why do oil importers diversify their import sources politically? : evidence from U.S. firm-level data"],"weko_creator_id":"19","weko_shared_id":-1},"updated":"2023-07-27T15:50:19.359669+00:00"}