Policy Research Domains (Adjacent Basic Research Areas) A. Institutions Related to Financial and Labor Markets, and New Corporate Law and Governance

Research on Sustainable Local Economic Systems

Project Leader/Sub-Leader


NAKAMURA Ryohei Faculty Fellow



2007 - 2008

Although the Japanese economy remains on a recovery path, local economies are experiencing growing interregional disparities and this makes the recovery trend a mottled picture. The purpose of this project is to undertake the following four analyses with an intention to establish sustainable local economic systems: (1) analysis of recycling systems in local economies; (2) prerequisite for sustainable local economies: capital and concentration; (3) prerequisite for sustainable local economies: local economic scale; and (4) overview and examination of theory of interregional disparities. Regarding (1), we have investigated Kurashiki City as a sample locality. The next step will be to develop a non-competitive entry type urban input-output table to be used in analyzing what constitutes a desirable industrial structure. Regarding (2), we are studying the relationship between urban compactness and sustainability. This study is based on detailed data from the Population Census and Census of Commerce, and takes into account our analysis of urban layout. Regarding (3) and (4), we are currently developing a disparity analysis model designed to use microdata for empirical analysis. The model under development draws on endogenous growth theories and new economic geography models.

Until January 31, 2009

Major Research Results