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Discussion Papers (2010/04-)

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Research/Policy Papers

In order to make public as quickly as possible the results of theoretical research and policy analysis, discussion papers will be posted on our web site. We hope that this will stimulate further discussion on matters of policy and policy research.

Discussion papers may include Japanese fonts. If you have trouble viewing the PDF file, please install "Asian font Packs for Adobe Reader" that is freely downloadable at Adobe website.

 Measuring Human Capital in Japan

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MIYAZAWA Kensuke (Research Assistant, RIETI / Nihon University)
March 2011 11-E-037

Abstract

 Quality of Labor, Capital, and Productivity Growth in Japan: Effects of employee age, seniority, and capital vintage

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SHINADA Naoki (Development Bank of Japan)
March 2011 11-E-036

Abstract

 Are Lending Relationships Beneficial or Harmful for Public Credit Guarantees? Evidence from Japan's Emergency Credit Guarantee Program

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ONO Arito (Bank of Japan)
UESUGI Iichiro (Senior Fellow, RIETI / Hitotsubashi University)
YASUDA Yukihiro (Tokyo Keizai University)
March 2011 11-E-035

Abstract

 Globalizing Corporate Activities in East Asia and Impact on Domestic Operations: Further evidence from Japanese manufacturing firms

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ANDO Mitsuyo (Keio University)
KIMURA Fukunari (Keio University / ERIA)
March 2011 11-E-034

Abstract

 Trade Liberalization and FDI Strategy in Heterogeneous Firms: Evidence from Japanese firm-level data

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HAYAKAWA Kazunobu (Inter-Disciplinary Studies Center, Institute of Developing Economies)
MATSUURA Toshiyuki (Institute for Economic and Industrial Studies, Keio University)
March 2011 11-E-033

Abstract

 ODI and Home Country's Industrial Upgrading: Mechanism and preliminary evidence

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ZHAO Wei (Visiting Fellow, RIETI / Institute of International Economics, Zhejiang University)
JING Dong (Zhejiang University)
March 2011 11-E-032

Abstract

 Emerging Paradigm of Internationalization of China's Private-Owned Enterprises: Theoretical analysis and case study

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ZHAO Wei (Visiting Fellow, RIETI / Institute of International Economics, Zhejiang University)
March 2011 11-E-031

Abstract

 Temporary Workers, Permanent Workers, and International Trade: Evidence from Japanese firm-level data

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MATSUURA Toshiyuki (Keio University)
SATO Hitoshi (Fellow, RIETI)
WAKASUGI Ryuhei (Research Counselor, RIETI / Kyoto University)
March 2011 11-E-030

Abstract

 Temporary Jobs and Globalization: Evidence from Japan

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MACHIKITA Tomohiro (Institute of Developing Economies)
SATO Hitoshi (Fellow, RIETI)
March 2011 11-E-029

Abstract

 Contributing or Free-Riding? Voluntary Participation in a Public Good Economy

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FURUSAWA Taiji (Faculty Fellow, RIETI / Hitotsubashi University)
KONISHI Hideo (Boston College)
March 2011 11-E-028

Abstract

 Does the Structure of Multinational Enterprises' Activity Affect Technology Spillovers?

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JINJI Naoto (Kyoto University)
ZHANG Xingyuan (Okayama University)
HARUNA Shoji (Okayama University)
March 2011 11-E-027

Abstract

 Effects of CEOs' Characteristics on Internationalization of Small and Medium Enterprises in Japan

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TODO Yasuyuki (Faculty Fellow, RIETI / the University of Tokyo)
SATO Hitoshi (Fellow, RIETI)
March 2011 11-E-026

Abstract

 Simulating Heterogeneous Multinational Firms

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Shawn ARITA (University of Hawaii at Manoa)
TANAKA Kiyoyasu (Institute of Developing Economies)
March 2011 11-E-025

Abstract

 Firm's demand for work hours: Evidence from multi-country and matched firm-worker data

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KURODA Sachiko (the University of Tokyo)
YAMAMOTO Isamu (Keio University)
March 2011 11-E-024

Abstract

 Aggregate Impacts of Natural and Man-made Disasters: A quantitative comparison

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SAWADA Yasuyuki (Faculty Fellow, RIETI / the University of Tokyo)
Rima BHATTCHARYAY (Research Assistant, RIETI)
KOTERA Tomoaki (Research Assistant, RIETI / the University of Tokyo)
March 2011 11-E-023

Abstract

 Intrinsic and Extrinsic Motivations of Inventors

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OWAN Hideo (the University of Tokyo)
NAGAOKA Sadao (Research Counselor, RIETI / Institute of Innovation Research, Hitotsubashi University)
March 2011 11-E-022

Abstract

 Why Has the Fraction of Contingent Workers Increased? A case study of Japan

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ASANO Hirokatsu (Asia University)
ITO Takahiro (Osaka University)
KAWAGUCHI Daiji (Faculty Fellow, RIETI / Hitotsubashi University)
March 2011 11-E-021

Abstract

 Impacts of the Japan-Mexico EPA on Bilateral Trade

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ANDO Mitsuyo (Keio University)
URATA Shujiro (Faculty Fellow, RIETI / Waseda University)
March 2011 11-E-020

Abstract

 The Evolution of House Price Distribution

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OHNISHI Takaaki (Canon Institute for Global Studies / the University of Tokyo)
MIZUNO Takayuki (University of Tsukuba)
SHIMIZU Chihiro (Reitaku University)
WATANABE Tsutomu (Faculty Fellow, RIETI / Hitotsubashi University)
March 2011 11-E-019

Abstract

 Standards as a Knowledge Source for R&D: A first look at their incidence and impacts based on the inventor survey and patent bibliographic data

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TSUKADA Naotoshi (Hitotsubashi University)
NAGAOKA Sadao (Research Counselor, RIETI / Hitotsubashi University)
March 2011 11-E-018

Abstract

 Self-Production, Friction, and Risk Sharing against Disasters: Evidence from a developing country

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SAWADA Yasuyuki (Faculty Fellow, RIETI / Faculty of Economics, the University of Tokyo)
NAKATA Hiroyuki (Essex Business School, University of Essex)
KOTERA Tomoaki (Research Assistant, RIETI / Graduate School of Economics, the University of Tokyo)
March 2011 11-E-017

Abstract

 Productivity of Banks and its Impact on the Capital Investments of Client Firms

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MIYAKAWA Daisuke (Research Institute of Capital Formation, Development Bank of Japan)
INUI Tomohiko (Economic and Social Research Institute, Cabinet Office)
SHOJI Keishi (House of Representatives)
March 2011 11-E-016

Abstract

 Investment Risk, Pareto Distribution, and the Effects of Tax

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NIREI Makoto (Faculty Fellow, RIETI / Institute of Innovation Research, Hitotsubashi University)
March 2011 11-E-015

Abstract

 Are Capital Intensive Firms the Biggest Exporters?

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Rikard FORSLID (Stockholm University and CEPR)
OKUBO Toshihiro (Kobe University)
March 2011 11-E-014

Abstract

 Debt, Ownership Structure, and R&D Investment: Evidence from Japan

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ARIKAWA Yasuhiro (Graduate School of Finance, Accounting and Law, Waseda University / WCFIA, Harvard University)
KAWANISHI Takuya (Graduate School of Law, Waseda University / Research Assistant, RIETI)
MIYAJIMA Hideaki (Faculty Fellow, RIETI / Graduate School of Commerce, Waseda University / Waseda Institute for Advanced Study)
March 2011 11-E-013

Abstract

 Financial Crises and Assets as Media of Exchange

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KOBAYASHI Keiichiro (Senior Fellow, RIETI / Hitotsubashi University)
February 2011 11-E-012

Abstract

 A Bad-Asset Theory of Financial Crises

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KOBAYASHI Keiichiro (Senior Fellow, RIETI / Hitotsubashi University)
February 2011 11-E-011

Abstract

 A Model of Financial Crises: Coordination failure due to bad assets

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KOBAYASHI Keiichiro (Senior Fellow, RIETI / Hitotsubashi University)
February 2011 11-E-010

Abstract

 A Financial Crisis in a Monetary Economy

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KOBAYASHI Keiichiro (Senior Fellow, RIETI / Hitotsubashi University)
February 2011 11-E-009

Abstract

 Examining the University Industry Collaboration Policy in Japan: Patent analysis

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MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / The University of Tokyo )
MURAMATSU Shingo (The University of Tokyo)
February 2011 11-E-008

Abstract

 Innovation and Entrepreneurship: A first look at linkage data of Japanese patent and enterprise census

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MOTOHASHI Kazuyuki (Faculty Fellow, RIETI / The University of Tokyo )
February 2011 11-E-007

Abstract

 Is Emission Trading Beneficial?

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ISHIKAWA Jota (Faculty Fellow, RIETI / Hitotsubashi University)
KIYONO Kazuharu (Waseda University)
YOMOGIDA Morihiro (Sophia University)
February 2011 11-E-006

Abstract

 An Application of Business Cycle Accounting with Misspecified Wedges

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NUTAHARA Kengo (Department of Economics, Senshu University)
INABA Masaru (The Canon Institute for Global Studies)
February 2011 11-E-005
Appenndix [PDF:146KB]

Abstract

 An Analysis of Unilateral and Cross-licensing Based on an Inventor Survey in Japan: Effects of uncertainty, rent dissipation and a bundle of patents on corporate licenses

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NAGAOKA Sadao (Research Counselor, RIETI / Hitotsubashi University)
January 2011 11-E-004

Abstract

 Accounting for China's Growth in 1952-2008: China's growth performance debate revisited with a newly constructed data set

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Harry X. WU (Institute of Economic Research, Hitotsubashi University / The Conference Board China Center)
January 2011 11-E-003

Abstract

 An Econometric Analysis of Firm Specific Productivities: Evidence from Japanese plant level data

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ICHIMURA Hidehiko (Faculty Fellow, RIETI / Graduate School of Economics, Graduate School of Public Policy, University of Tokyo)
KONISHI Yoko (Fellow, RIETI / Japan JSPS Postdoctoral Fellowships for Research Abroad / Yale University)
NISHIYAMA Yoshihiko (Faculty Fellow, RIETI / Kyoto Institute of Economic Research, Kyoto University)
January 2011 11-E-002

Abstract

 Heterogeneity and the Structure of Exports and FDI: A cross-industry analysis of Japanese manufacturing

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TANAKA Ayumu (Fellow, RIETI)
January 2011 11-E-001
Supplementary Appendix [ZIP:52KB]

Abstract

 Ownership Structure and Productivity of Vertical Research Collaboration

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NAGAOKA Sadao (Research Counselor, Faculty Fellow, RIETI / Institute of Innovation Research, Hitotsubashi University)
December 2010 10-E-064

Abstract

 The Structure of Enterprise Law: Interrelationships among contracts, markets, and laws in the bargaining structure of the firm

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SHISHIDO Zenichi (Faculty Fellow, RIETI / Hitotsubashi University, Graduate School of International Corporate Strategy)
December 2010 10-E-063

Abstract

 Emission Credit Trading and Regional Inequalities

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TAKATSUKA Hajime (Kagawa University)
NAKAMURA Ryohei (Faculty Fellow, RIETI / Okayama University)
December 2010 10-E-062

Abstract

 Nominal Rigidities and News-Driven Business Cycles in a Medium-Scale DSGE Economy

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NUTAHARA Kengo (Senshu University)
December 2010 10-E-061

Abstract

 Asset Prices and Monetary Policy in a Sticky-Price Economy with Financial Frictions

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NUTAHARA Kengo (Senshu University)
December 2010 10-E-060

Abstract

 Assessing Anticipatory Effects in the Presence of Antidumping Duties: Canadian softwood lumber

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KITANO Taiju (National Graduate Institute of Policy Studies)
OHASHI Hiroshi (The University of Tokyo / Faculty Fellow, RIETI)
November 2010 10-E-059

Abstract

 Does Japanese Liquor Taste Different?: Empirical analysis on the national treatment under the WTO

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OHASHI Hiroshi (The University of Tokyo / Faculty Fellow, RIETI)
NAKAJIMA Kentaro (Hitotsubashi University)
DOI Naoshi (The University of Tokyo / Research Assistant, RIETI)
November 2010 10-E-058

Abstract

 Similarities and Differences between the Manufacturing and the Service Sectors: An empirical analysis of Japanese automobile related industries

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KATO Atsuyuki (Asian Development Bank Institute / Research Associate, RIETI)
October 2010 10-E-057

Abstract

 Spatial Relocation with Heterogeneous Firms and Heterogeneous Sectors

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OKUBO Toshihiro (Kobe University)
Rikard FORSLID (University of Stockholm)
October 2010 10-E-056

Abstract

 Environmental Outsourcing

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OKUBO Toshihiro (Kobe University)
Matthew A. COLE (University of Birmingham)
Robert J.R. ELLIOTT (University of Birmingham)
October 2010 10-E-055

Abstract

 Cross-Border Alliances and Product Market Competition

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TAKECHI Kazutaka (Hosei University)
October 2010 10-E-054

Abstract

 Anatomy of Learning-from-Exporting: Role of foreign knowledge acquisition

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YASHIRO Naomitsu (Consulting Fellow, RIETI)
HIRANO Daisuke (Kyoto University, Institute of Economic Research Center of Advanced Policy Studies)
October 2010 10-E-053

Abstract

 Insecurity of Employment and Work-Life Balance: From the viewpoint of compensating wage differentials

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MORIKAWA Masayuki (Vice President, RIETI)
October 2010 10-E-052

Abstract

 Productivity of Service Providers: Microeconometric measurement in the case of hair salons

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KONISHI Yoko (JSPS Postdoctoral Fellowships for Research Abroad, Yale University / Fellow, RIETI)
NISHIYAMA Yoshihiko (Kyoto Institute of Economic Research, Kyoto University)
October 2010 10-E-051

Abstract

 Economies of Scale and Hospital Productivity: An empirical analysis of medical area level panel data

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MORIKAWA Masayuki (Vice President, RIETI)
October 2010 10-E-050

Abstract

 Incentive Pay or Windfalls: Remuneration for employee inventions in Japan

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ONISHI Koichiro (Faculty of Intellectual Property, Osaka Institute of Technology)
OWAN Hideo (Institute of Social Science, The University of Tokyo)
October 2010 10-E-049

Abstract

 Financial Distress and Industry Structure: An inter-industry approach to the "Lost Decade" in Japan

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OGAWA Kazuo (Institute of Social and Economic Research, Osaka University)
Elmer STERKEN (Department of Economics, University of Groningen)
TOKUTSU Ichiro (Graduate School of Business Administration, Kobe University)
October 2010 10-E-048

Abstract

 Regional Financial Soundness and R&D Activities

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GOTO Yasuo (Senior Fellow, RIETI)
October 2010 10-E-047

Abstract

 The Effects of Congestion and Skills at a Hair Salon on the Consumer's Revisiting Behavior

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KONISHI Yoko (JSPS Postdoctoral Fellowships for Research Abroad, Yale University / Fellow, RIETI)
October 2010 10-E-046

Abstract

 New Estimates of the Equilibrium Exchange Rate: The case for the Chinese renminbi

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SATO Kiyotaka (Faculty of Economics, Yokohama National University)
SHIMIZU Junko (School of Commerce, Senshu University)
Nagendra SHRESTHA (Faculty of Economics, Yokohama National University)
Zhaoyong ZHANG (School of Accounting, Finance and Economics, Edith Cowan University)
September 2010 10-E-045

Abstract

 Global Fixed Capital Investment by Multinational Firms

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René BELDERBOS (Katholieke Universiteit Leuven / Maastricht University / UNU-MERIT)
FUKAO Kyoji (Hitotsubashi University / Faculty Fellow, RIETI)
ITO Keiko (Senshu University)
Wilko LETTERIE (Maastricht University)
September 2010 10-E-044
Non Technical Summary (RIETI Report)

Abstract

 Product Switching and Firm Performance in Japan

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KAWAKAMI Atsushi (Gakushuin University Research Institute for Economics and Management / Research Assistant, RIETI)
MIYAGAWA Tsutomu (Gakushuin University / Faculty Fellow, RIETI)
September 2010 10-E-043

Abstract

 Use of FTAs in Australia

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Richard POMFRET (School of Economics, the University of Adelaide)
Uwe KAUFMANN (School of Economics, the University of Adelaide)
Christopher FINDLAY (School of Economics, the University of Adelaide)
August 2010 10-E-042

Abstract

 Repayment Enforcement and Informational Advantages: Empirical determinants of trade credit use

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UCHIDA Hirofumi (Graduate School of Business Administration, Kobe University)
UESUGI Iichiro (Senior Fellow, RIETI / Ministry of Economy, Trade and Industry)
HOTEI Masaki (Policy Research Institute, Ministry of Finance)
August 2010 10-E-041

Abstract

 Productivity, Markup, Scale Economies, and the Business Cycle: Estimates from firm-level panel data in Japan

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KIYOTA Kozo (Faculty of Business Administration, Yokohama National University)
July 2010 10-E-040

Abstract

 Exporters' Response to FTA Tariff Preferences: Evidence from Thailand

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Archanun KOHPAIBOON (Thammasat University)
July 2010 10-E-039

Abstract

 Business Use of FTAs in Korea

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Inkyo CHEONG (Inha University)
Hansung KIM (Korea Institute for International Economic Policy (KIEP))
Jungran CHO (Inha University)
June 2010 10-E-038

Abstract

 Why Do Some Firms Persistently Outperform Others? An investigation of the interactions between innovation and export strategies

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ITO Keiko (Senshu University)
Sébastien LECHEVALIER (L'Ecole des hautes etudes en sciences sociales (EHESS) (Paris))
June 2010 10-E-037

Abstract

 Efficiency of Individual Transferable Quotas (ITQs) when Fishers are able to Choose Vessel Sizes: An experimental approach

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HIGASHIDA Keisaku (Kwansei Gakuin University)
MANAGI Shunsuke (Faculty Fellow, RIETI)
July 2010 10-E-036

Abstract

 Shared Renewable Resource and International Trade: Technical measures for fisheries management

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TAKARADA Yasuhiro (Faculty Fellow, RIETI)
June 2010 10-E-035

Abstract

 Determinants of Currency Invoicing in Japanese Exports: A firm-level analysis

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ITO Takatoshi (Faculty Fellow, RIETI)
KOIBUCHI Satoshi (Chuo University)
SATO Kiyotaka (Yokohama National University)
SHIMIZU Junko (Senshu University)
June 2010 10-E-034
Non Technical Summary (RIETI Report)

Abstract

 Does Firm Boundary Matter? The effect of offshoring on productivity of Japanese firms

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ITO Banri (Fellow, RIETI)
TOMIURA Eiichi (Faculty Fellow, RIETI)
WAKASUGI Ryuhei (Research Counselor, RIETI)
June 2010 10-E-033

Abstract

 Offshoring and Corporate Headquarters: Evidence from Japanese firm-level data

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TOMIURA Eiichi (Faculty Fellow, RIETI)
ITO Banri (Fellow, RIETI)
WAKASUGI Ryuhei (Research Counselor, RIETI)
June 2010 10-E-032

Abstract

 Mark-up, Productivity and Imperfect Competition: An empirical analysis of the Japanese retail trade industry

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KATO Atsuyuki (Fellow, RIETI)
June 2010 10-E-031

Abstract

 Measuring Economic Localization: Evidence from Japanese firm-level data

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NAKAJIMA Kentaro (Institute of Economic Research, Hitotsubashi University)
SAITO Yukiko (Fujitsu Research Institute)
UESUGI Iichiro (Consulting Fellow, RIETI)
June 2010 10-E-030

Abstract

 Small Business Credit Scoring: Evidence from Japan

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HASUMI Ryo (Japan Center for Economic Research)
HIRATA Hideaki (Hosei University / Japan Center for Economic Research)
June 2010 10-E-029

Abstract

 Output Quality, Skill Intensity, and Factor Contents of Trade: An empirical analysis based on microdata of the Census of Manufactures

Download paper [PDF:316KB]

FUKAO Kyoji (Faculty Fellow, RIETI)
ITO Keiko (Senshu University)
June 2010 10-E-028

Abstract

 Regional Monetary Coordination in Asia after the Global Financial Crisis: Comparison in regional monetary stability between ASEAN+3 and ASEAN+3+3

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OGAWA Eiji (Faculty Fellow, RIETI)
May 2010 10-E-027
Non Technical Summary (RIETI Report)

Abstract

 How Do Chinese Industries Benefit from FDI Spillovers?

Download paper [PDF:293KB]

ITO Banri (Fellow, RIETI)
YASHIRO Naomitsu (Consulting Fellow, RIETI)
XU Zhaoyuan (Enterprise Research Institute of the Developing Research Center of the State Council)
CHEN Xiaohong (Enterprise Research Institute of the Developing Research Center of the State Council)
WAKASUGI Ryuhei (Research Counselor, RIETI)
May 2010 10-E-026

Abstract

 Volatility, Nonstandard Employment, and Productivity: An empirical analysis using firm-level data

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MORIKAWA Masayuki (Vice President, RIETI)
April 2010 10-E-025

Abstract

 The Dynamics of Knowledge Diversity and Economic Growth

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Marcus BERLIANT (Washington University)
FUJITA Masahisa (President, RIETI)
April 2010 10-E-024
Non Technical Summary (RIETI Report)

Abstract

 Subsidies, Fisheries Management, and International Trade

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JINJI Naoto (Kyoto University)
April 2010 10-E-023

Abstract

 Managerial Entrenchment and Anti-takeover Provisions in Japan

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HOSONO Kaoru (Gakushuin University)
TAKIZAWA Miho (Toyo University)
TSURU Kotaro (Senior Fellow, RIETI)
April 2010 10-E-022

Abstract

 Empirical Study of IPTV Diffusion: Comparison between Japan and Korea

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KINUGASA Satoshi (Bank of Japan)
MOTOHASHI Kazuyuki (Faculty Fellow, RIETI)
Yeong-Wha SAWNG (Electronic and Telecommunications Research Institute)
TERADA Shinichiro (the University of Tokyo)
April 2010 10-E-021

Abstract

 Bargaining in Technology Markets: An empirical study of biotechnology alliances

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KINUKAWA Shinya (Komazawa University)
MOTOHASHI Kazuyuki (Faculty Fellow, RIETI)
April 2010 10-E-020

Abstract

 Educational Support and Individual Ability with Endogenous Fertility

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OGURO Kazumasa (Consulting Fellow, RIETI)
OSHIO Takashi (Professor, Institute of Economic Research, Hitotsubashi University)
TAKAHATA Junichiro (Graduate School of Economics, Hitotsubashi University)
April 2010 10-E-019

Abstract

 Environmental Standards under International Oligopoly

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ISHIKAWA Jota (Faculty Fellow, RIETI)
OKUBO Toshihiro (Kobe University)
April 2010 10-E-018

Abstract

 Productivity Distribution, Firm Heterogeneity, and Agglomeration: Evidence from firm-level data

Download paper [PDF:498KB]

OKUBO Toshihiro (Kobe University)
TOMIURA Eiichi (Faculty Fellow, RIETI)
April 2010 10-E-017

Abstract

 Industrial Relocation Policy and Heterogeneous Plants Sorted by Productivity: Evidence from Japan

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OKUBO Toshihiro (Kobe University)
TOMIURA Eiichi (Faculty Fellow, RIETI)
April 2010 10-E-016

Abstract

 Working Hours of Part-timers and the Measurement of Firm-level Productivity

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MORIKAWA Masayuki (Vice President, RIETI)
April 2010 10-E-015

Abstract

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