This research aims at presenting evidence for policy discussions regarding two important issues for the current Japanese regional economy. Related to the restoration from earthquake damage, we study: (1) whether the "group subsidy," introduced to assist the restoration of damaged productive assets by the Great East Japan Earthquake (2011), has been able to choose beneficiaries appropriately through targeting and (2) the impact of a large natural disaster on the exit and entry of firms, which eventually transformed industrial agglomeration and the local economy in general in the affected area from the experience of the Great Hanshin-Awaji Earthquake (1995). As for the regional growth strategy, we investigate: (3) the recent correlation between increasing demographic concentration and declining patent application and explore the viability of the growth strategy through a geographic dispersion of research and development; and (4) the transformation of supply chains and production distribution between overseas and within the country, while the latter is further divided between metropolitan and peripheral areas, and discuss what policy measures should be taken in each area.
July 1, 2013 - June 30, 2015
Major Research Results
RIETI Discussion Papers
"Fresh Brain Power and Quality of Innovation in Cities: Evidence from the Japanese patent database" (HAMAGUCHI Nobuaki and KONDO Keisuke)
"Product Switching and the Business Cycle" (Andrew B. BERNARD and OKUBO Toshihiro)
"The Effectiveness of Pre-Disaster Planning and Post-Disaster Aid: Examining the impact on plants of the Great East Japan Earthquake" (Matthew A. COLE, Robert J R ELLIOTT, OKUBO Toshihiro and Eric STROBL)
"On the Recovery of the Manufacturing Industry from the Great East Japan Earthquake" (HAMAGUCHI Nobuaki)