Research Programs: New Industrial Policy

Price Network and Dynamics of Small and Medium Enterprises

Project Leader/Sub-Leader

AOYAMA Hideaki

AOYAMA Hideaki (Faculty Fellow)



This project aims to reveal the dynamics and correlation of performances of small, medium, and large firms and prices of goods, in relation to the growth of Japanese economy. Small and medium firms are key to the diversity of economics activities, which is crucial for sustained growth. An important management task for such firms is converting from being price takers to price leaders. This project will utilize various data, including goods and consumer prices, financial data of firms, and trading information between firms, to reveal the fundamental mechanism of price determination and firm dynamics from a network point of view, with the goal of finding a new growth strategy for small and medium enterprises.

February 19, 2014 - February 29, 2016

Major Research Results


RIETI Discussion Papers


RIETI Discussion Papers


RIETI Discussion Papers