FUKAO Kyoji

FUKAO Kyoji

FUKAO Kyoji

Faculty Fellow

Program Director
Professor, Institute of Economic Research, Hitotsubashi University

Activities at RIETI

Expertise

International Economics, Macroeconomics, International Trade and Direct Investment in Asia, Innovation and Total Factor Productivity: Empirical Analysis Based on Industry and Firm-Level Data, International Comparison of Total Factor Productivity, Purchasing Power Parity in the 1930s, Gross Prefectural Product in Japan: 1874-2004

Research Projects

Education

1984 M.A., Economics, Graduate School of Economics, The University of Tokyo
1979 B.A., Economics, Department of Economics, The University of Tokyo

Experience

2013-2015 Director, Institute of Economic Research, Hitotsubashi University
1999-present Professor, Institute of Economic Research, Hitotsubashi University
1999- Visiting Chief Researcher, Economic Research Institute, Economic Planning Agency
1998- Special Researcher, The Research Institute of International Trade and Industries, MITI
1996-97 Visiting Scholar, Department of Economics, Bocconi University
1994-96 Special Researcher, The Research Institute of International Trade and Industries, MITI
1992-94 Visiting Scholar, Institute for Monetary and Economic Studies, Bank of Japan
1991-92 Visiting Scholar, Department of Economics, Boston University
1989-99 Associate Professor, The Institute of Economic Research, Hitotsubashi University
1987-89 Visiting Scholar, Department of Economics, Yale University
1986 Lecturer, The Institute of Economic Research, Hitotsubashi University
1984 Lecturer, Department of Economics, Seikei University

Selected Publications and Papers

Ralph Paprzycki and Kyoji Fukao, Foreign Direct Investment in Japan: Multinationals' Role in Growth and Globalization, Cambridge University Press, 2008.

Kyoji Fukao, Debin Ma, and Tangjun Yuan, "Real GDP in Pre-War East Asia: A 1934-36 Benchmark Purchasing Power Parity Comparison with the U.S," Review of Income and Wealth, Vol. 53, No. 3, 2007, pp. 503-537.

Fukao, Kyoji and Hyeog Ug Kwon, "Why Did Japan's TFP Growth Slow Down in the Lost Decade? An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms," Japanese Economic Review, Vol. 57, pp. 195-228, 2006.

Fukao, Kyoji, Debin Ma and Tangjun Yuan "International Comparison in Historical Perspective: Reconstructing the 1934-36 Benchmark Purchasing Power Parity for Japan, Korea and Taiwan," Explorations in Economic History, Vol. 43, No. 2, pp. 280-308, 2006.

Fukao, Kyoji, Keiko Ito and Hyeog Ug Kwon, "Do Out-In M&As Bring Higher TFP to Japan?: An Empirical Analysis Based on Micro-data on Japanese Manufacturing Firms," Journal of the Japanese and International Economies, Vol. 19, No. 2, pp.272-301, 2005.

Fukao, Kyoji, Hikari Ishido and Keiko Ito, "Vertical Intra-Industry Trade and Foreign Direct Investment in East Asia," Journal of the Japanese and International Economies, Vol. 17, pp.468-506, December 2003.

Co-authored with Rene Belderbos and Giovanni Capannelli, "The Local Content of Japanese Electronics Manufacturing Operations in Asia, " in Takatoshi Ito and Anne O. Krueger eds., The Role of Foreign Direct Investment in East Asian Economic Development, Chicago and London: The University of Chicago Press, 2000, pp. 9-47.

Co-authored with Roland Benabou, "History versus Expectations: A Comment, " The Quarterly Journal of Economics, May 1993, pp. 536--542.

Co-authored with Masayuki Otaki, "Accumulation of Human Capital and the Business Cycle, " Journal of Political Economy, Vol. 101, No. 1, February 1993, pp. 73--99.