Discussion Papers are posted on the RIETI website to provide policymakers, business leaders and the general public with the latest in theoretical 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.
M&A Activities and the Performance of Target Firms - Comparison of Out-In M&As with In-In M&As
Download paper [PDF:552KB] (Japanese)FUKAO Kyoji
(Faculty Fellow, RIETI / Professor, Institute of Economic Research, Hitotsubashi University)
KWON Hyeog Ug
(Institute of Economic Research, Hitotsubashi University)
TAKIZAWA Miho
(Graduate School of Economics, Hitotsubashi University)
March 2006
06-J-024
The Implementation Issue under the WTO Dispute Settlement Procedure
- Procedural factors and proposals for improvement
Download paper [PDF:408KB] (Japanese)KAWASE Tsuyoshi
(Faculty Fellow, RIETI / Associate Professor, Graduate School of Law and Politics, Osaka University)
March 2006
06-J-023
The Governance and Management Structure of Public Corporations - Achieving Efficient Division of Roles between the Public (National and Local Government) and Private Sectors under Decentralization
Download paper [PDF:1.1MB] (Japanese)AKAI Nobuo
(Faculty Fellow)
March 2006
06-J-022
The Banking Crisis and Productivity of Borrowing Firms - Evidence from Japan
Download paper [PDF:456KB] (Japanese)KOBAYASHI Keiichiro
(Fellow, RIETI)
AKIYOSHI Fumio
(Graduate School of Economics, The University of Tokyo)
March 2006
06-J-021
Which Entrepreneurs Are Placed under Severe Liquidity Constraints?
-A study based on Japanese entrepreneurship data
Download paper [PDF:372KB] (Japanese)YASUDA Takehiko
(Faculty Fellow, RIETI / Professor, Faculty of Economics, Toyo University)
March 2006
06-J-020
Overcoming Inferior External Environments in the Pharmaceuticals and Biotechnology Industries via R&D Management
Download paper [PDF:512KB] (Japanese)NAKAMURA Hiroshi
(Professor, Graduate School of Business Administration, Keio University)
ASAKAWA Kazuhiro
(Faculty Fellow, RIETI / Professor, Graduate School of Business Administration, Keio University)
March 2006
06-J-019
Indicators for Identifying Important Patents
Download paper [PDF:352KB] (Japanese)GOTO Akira
(Faculty Fellow, RIETI / Professor, Research Center for Advanced Science and Technology, The University of Tokyo)
GEMBA Kiminori
(Shibaura Institute of Technology)
SUZUKI Jun
(Shibaura Institute of Technology)
TAMADA Schumpeter
(Faculty Fellow, RIETI / Assistant Professor, Institute of Business and Accounting, Kwansei Gakuin University)
March 2006
06-J-018
Failure to Capture Value Because of Commoditization - the Case of Digital Home Electronics
Download paper [PDF:420KB] (Japanese)NOBEOKA Kentaro
(Faculty Fellow, RIETI / Professor, Research Institute for Economics & Business Administration, Kobe University)
ITO Munehiko
(Research Institute for Economics & Business Administration, Kobe University)
MORITA Hirokazu
(Research Institute for Economics & Business Administration, Kobe University)
March 2006
06-J-017
The Enterprise Value Creation Management Process and Intangible Assets - the CERM/ROIAM Approach
Download paper [PDF:708KB] (Japanese)KARIYA Takeaki
(Faculty Fellow, RIETI / Professor of Financial Engineering & Management and Dean, Graduate School of Global Business, Meiji University / Visiting Professor, Institute of Economic Research, Kyoto University)
March 2006
06-J-016
Empirical Analyses of Product Architecture Theory and International Trade Theory (2006 revised version)
Download paper [PDF:636KB] (Japanese)OSHIKA Takashi
(Specially Appointed Professor, COE Manufacturing Management Research Center, The University of Tokyo)
FUJIMOTO Takahiro
(Faculty Fellow, RIETI / Professor, Graduate School of Economics, The University of Tokyo)
March 2006
06-J-015
Coordination Problem for Leniency Programs against International Cartels
Download paper [PDF:220KB] (Japanese)IWANARI Hiroo
(Consulting Fellow, RIETI / Director, Competition Policy Planning Office, General Secretariat, The Fair Trade Commission of Japan)
KAWAGOE Toshiji
(Faculty Fellow, RIETI / Lecturer, School of Systems Information Science, Future University-Hakodate)
KIMURA Yuji
(RIETI)
MATSUBAE Taisuke
(Graduate School of Economics, Waseda University)
TAKIZAWA Hirokazu
(Fellow, RIETI)
March 2006
06-J-014
The Governance of Regional Banks
Download paper [PDF:628KB] (Japanese)UEMURA Shuichi
(Senior Fellow, RIETI)
WATANABE Yoshitsugu
(Graduate School of Economics, Keio University)
March 2006
06-J-013
Establishing Principles for a More Sustainable Pension System in Japan, and Identifying Challenges
Download paper [PDF:428KB] (Japanese)FUKAO Mitsuhiro
(Faculty Fellow)
KANEKO Yoshihiro
(Consulting Fellow)
NAKATA Daigo
(Fellow)
HASUMI Ryo
(Keio University)
March 2006
06-J-012
Measurement of the Fatigue Cost of Commuting without Making Specific Assumptions about the Utility Function
Download paper [PDF:352KB] (Japanese)HATTA Tatsuo
(Faculty Fellow, RIETI / Professor, Division of International Studies, International Christian University)
YAMAGA Hisaki
(University of Tsukuba)
March 2006
06-J-011
A Simulation Analysis of Transmission - Constrained Oligopoly in the Wholesale Electricity Market
Download paper [PDF:132KB] (Japanese)TANAKA Makoto
(Faculty Fellow, RIETI / Associate Professor, National Graduate Institute for Policy Studies)
March 2006
06-J-010
Life Duration and Debt Structure of Financially Distressed SMEs
Download paper [PDF:152KB] (Japanese)XU Peng
(Faculty Fellow, RIETI / Professor, Faculty of Economics, Hosei University)
TSURUTA Daisuke
(National Graduate Institute for Policy Studies / CRD)
February 2006
06-J-009
What Are the Characteristics of Companies Prone to Become a Hostile Takeover Target?
Download paper [PDF:323KB] (Japanese)XU Peng
(Faculty Fellow, RIETI / Professor, Hosei University)
February 2006
06-J-008
Product Architecture as a Coordination System
Download paper [PDF:259KB] (Japanese)OKUNO Masahiro
(Faculty Fellow, RIETI / Professor, Faculty of Economics, The University of Tokyo)
WATANABE Yasunori
(Specially Appointed Researcher, Manufacturing Management Research Center, The University of Tokyo)
February 2006
06-J-007
Complementarity between Regional Trade Agreements and Multilateral Trade Liberalization: Economic consideration and future challenges
Download paper [PDF:243KB] (Japanese)MUKUNOKI Hiroshi
(Associate Professor, Faculty of Economics, Gakushuin University)
February 2006
06-J-006
Characteristics of Small and Medium-size Enterprises that Have Changed Their Main Bank
Download paper [PDF:324KB] (Japanese)KANO Masaji
(Professor, School of Economics, Osaka Prefectural University)
February 2006
06-J-005
The Role of Government-Affiliated Financial Institutions in the Startup Period
Download paper [PDF:432KB] (Japanese)NEMOTO Tadanobu
(Chuo University)
FUKUNUMA Hikaru
(National Life Finance Corporation)
WATANABE Wako
(Osaka University)
January 2006
06-J-004
This paper is part of the results of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the results of this study group and the positioning of each paper within the project.
Corporate Demand for Financial Services and Issues in SME Finance
Download paper [PDF:1.1MB] (Japanese)YAMORI Nobuyoshi
(Professor, Nagoya University)
January 2006
06-J-003
Examining Main Bank Relationships in SME Finance
- The Correlation between Efficiency and Lending Attitude among Regional Financial Institutions -
Download paper [PDF:224KB] (Japanese)HARIMAYA Kozo
(Faculty of Economics, Sapporo Gakuin University)
NAGATA Takahiro
(Rating and Investment Information, Inc.)
January 2006
06-J-002
This paper is part of the results of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the results of this study group and the positioning of each paper within the project.
Efficiency Structure Hypothesis versus Structure-Conduct-Performance Hypothesis Revisited
Download paper [PDF:368KB] (Japanese)TSUTSUI Yoshiro
(Faculty Fellow, RIETI / Professor, Osaka University)
SATAKE Mitsuhiko
(Professor, Ryukoku University)
UCHIDA Hirofumi
(Associate Professor, Wakayama University)
January 2006
06-J-001
True Relationship Between Female Labor Force Participation and Total Fertility Rate: An Analysis of OECD Countries
Download paper [PDF:408KB] (Japanese)YAMAGUCHI Kazuo
(Visiting Fellow, RIETI / Professor of Sociology, University of Chicago)
December 2005
05-J-036
Nonbank Financing and the Moral Hazard of SMEs
Download paper [PDF:268KB] (Japanese)TSURUTA Daisuke
(National Graduate Institute for Policy Studies)
December 2005
05-J-035
This paper is part of the results of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the results of this study group and the positioning of each paper within the project.
Quantitative Analysis of the Impact of Changes in Policies and Regulations for Electricity and Town Gas Supply Industries
Download paper [PDF:3.3MB] (Japanese)KAINOU Kazunari
(Fellow, RIETI)
December 2005
05-J-034
Economic Analysis of Interregional Electricity Transmission Networks in Japan
Download paper [PDF:4.9MB] (Japanese)KAINOU Kazunari
(Fellow, RIETI)
December 2005
05-J-033
Exploring Frontiers to Expand Banks' Lending to SMEs
Download paper [PDF:420KB] (Japanese)MASUDA Yasuyoshi
(Faculty of Economics, Toyo University)
November 2005
05-J-032
This paper is part of the results of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the results of this study group and the positioning of each paper within the project.
Does Main Bank's Health Matter in Firm Customers' Behavior? A Study Based on Bank-Firm Matching Data of SMEs
Download paper [PDF:408KB] (Japanese)OGAWA Kazuo
(Institute of Social and Economic Research, Osaka University)
November 2005
05-J-031
This paper is part of the results of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the results of this study group and the positioning of each paper within the project.
Study on the Classification of and Reporting Methods for Intangible Assets
Download paper [PDF:368KB] (Japanese)YAMAGUCHI Fujio
(Faculty Fellow, RIETI / Professor, Graduate School of Business Global Business Research, Meiji University)
October 2005
05-J-030
Role and Challenges of Securitization
Download paper [PDF:240KB] (Japanese)YANAGAWA Noriyuki
(Faculty Fellow, RIETI / Associate Professor, Graduate School of Economics, The University of Tokyo)
September 2005
05-J-029
Competition with Imports from Low- and Lower-Middle-Income Countries and its Impact on the Growth of Japanese Companies: Empirical Analysis Based on Micro-Data of the "Basic Survey of Japanese Business Structure and Activities"
Download paper [PDF:560KB](Japanese) ITO Keiko
(Lecturer, School of Economics, Senshu University)
September 2005
05-J-028
Test of the Efficiency Structure Hypothesis with an Application to Japanese Major Banks
Download paper [PDF:350KB] (Japanese)TSUTSUI Yoshiro
(Faculty Fellow)
SATAKE Mitsuhiko
(Professor, Ryukoku University)
UCHIDA Hirofumi
(Associate Professor, Wakayama University)
September 2005
05-J-027
The Role of Product - Developing SMEs in Industrial Cluster Formation - Based on Empirical Analysis on TAMA (Technology Advanced Metropolitan Area)
Download paper [PDF:228KB] (Japanese)KODAMA Toshihiro
(Faculty Fellow)
September 2005
05-J-026
Global Management and Innovation of Japanese Companies
Download paper [PDF:648KB] (Japanese)SANBONMATSU Susumu
(Senior Fellow)
August 2005
05-J-025
Policy Evaluation for Oligopolistic Markets - A Case of Wholesale Electricity Market -
Download paper [PDF:875KB] (Japanese)HASUIKE Katsuhito
(Chief Consultant, Nomura Research Institute)
KANEMOTO Yoshitsugu
(Faculty Fellow)
July 2005
05-J-024
Corporate Governance and Employment Adjustments at Small and Medium-sized Enterprises (SMEs)
Download paper [PDF:164KB] (Japanese)SAITO Takashi
(Graduate School of Economics, Kyoto University)
TACHIBANAKI Toshiaki
(Faculty Fellow)
June 2005
05-J-023
Modeling Credit Risk with Long-term and Short-term Debts
Download paper [PDF:600KB] (Japanese)KOBAYASHI Takao
(Faculty Fellow)
IKEDA Ryoichi
(Graduate School of Economics, The University of Tokyo)
June 2005
05-J-022
New Developments on Investor-Versus-State Arbitration and their Implications: Impact of "Legalization" of Investment Treaties
Download paper [PDF:92KB] (Japanese)KOTERA Akira
(Faculty Fellow)
June 2005
05-J-021
Problems in the WTO Agriculture Agreement and the Current State and Prospects for Agricultural Negotiations: The Perspective of a Participant in the Uruguay Round Negotiations
Download paper [PDF:380KB] (Japanese)YAMASHITA Kazuhito
(Senior Fellow)
May 2005
05-J-020
Conceptual Framework for Understanding Intangible Assets and Problems Concerning Information Disclosure
Download paper [PDF:408KB] (Japanese)KARIYA Takeaki
(Faculty Fellow)
May 2005
05-J-019
Business Succession and the Performance of Post-succession SMEs
Download paper [PDF:420KB] (Japanese)YASUDA Takehiko
(Faculty Fellow)
KYO Nobue
(Graduate School of Business & Commerce, Keio University)
April 2005
05-J-018
The Impact of Raising the Maximum Floor Area Ratio on Commuting Congestion
Download paper [PDF:456KB] (Japanese)TERASAKI Tomoyoshi
(Economic & Industrial Research Department, Development Bank of Japan)
April 2005
05-J-017
