Willingness to Pay for the Public Goods: Survey Experiments on Economic National Security with Japanese Firm Executives

Last registered on February 05, 2025
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Pre-Trial

Trial Information

General Information

Title
Willingness to Pay for the Public Goods: Survey Experiments on Economic National Security with Japanese Firm Executives
RCT ID
AEARCTR-0015286
Initial registration date
January 28, 2025

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
February 05, 2025, 6:51 AM EST

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

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Primary Investigator

Name
Megumi Naoi
Affiliation
University of California, San Diego
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Other Primary Investigator(s)

PI Name
Naoto Jinji
PI Affiliation
Kyoto University
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PI Name
Banri Ito
PI Affiliation
Aoyama Gakuin University
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Additional Trial Information

Status
In development
Start date
2025-01-29
End date
2025-12-31
Keywords
Firms & Productivity, Governance
Additional Keywords
economic national security, geopolitics, trade and investment policies, global supply chains, decoupling
JEL code(s)
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
The rise of geopolitical tensions, pandemic, and natural disasters in the past decade have prompted governments around the world to tighten the restrictions on trade and investment policies to ensure stable supply of essential goods for citizens and industries. How much are firms willing to pay to secure the stable supply of critical inputs and to support restrictive policies based on economic national security concerns? Who follows the flag? This project seeks to answer these questions by conducting a willingness-to-pay (WTP) survey experiments with Japanese company executives.
External Link(s)

Registration Citation

Citation
Ito , Banri, Naoto Jinji and Megumi Naoi . 2025. "Willingness to Pay for the Public Goods: Survey Experiments on Economic National Security with Japanese Firm Executives ." AEA RCT Registry. February 05. https://doi.org/10.1257/rct.15286-1.0
Sponsors & Partners

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Experimental Details

Interventions

Intervention(s)
Intervention Start Date
2025-01-29
Intervention End Date
2025-12-31

Primary Outcomes

Primary Outcomes (end points)
Three outcome variables are: (1) support for vs. opposition to the Japanese government restriction of procurement and investment partners (5-point Likert scale), (2) the ratio of cost sharing for the supply chain rewiring/decoupling between Japanese government and Japanese firms and (3) if firms were to pay for "economic national security tax" on their revenues, what percentage is acceptable.
Primary Outcomes (explanation)
We use 5-point Likert scale responses for the most analyses.

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
We design 3x3 factorial design which describes a hypothetical scenario on the disruption of global supply chain of essential goods that randomly varies the sources of threats and who incur damages from the disruption in Japan.
Experimental Design Details
Not available
Randomization Method
Embed randomization in the UCSD-licensed Qualtrics with equal probability of assignment
Randomization Unit
Individual firm
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
24 industries in manufacturing. We will cluster standard errors at the level of 24 industry classifications but note that neither treatment assignment or sampling will be done by the industry cluster.
Sample size: planned number of observations
500 firms for Group 1, 500 firms for Group 2. Each firm respondent reads three experimental treatments and answer three outcome questions for each scenario, making total observations 500x3 scenarios x 2 groups =3000 firm-level observations.
Sample size (or number of clusters) by treatment arms
Our treatment is 3x3 factorial treatment for each of the two groups. Each factorial combination will have around 200 observation.
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Supporting Documents and Materials
IRB

Institutional Review Boards (IRBs)

IRB Name
University of California, San Diego
IRB Approval Date
2024-10-29
IRB Approval Number
811313
Analysis Plan

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