Research Programs: Policy History and Policy Assessment

Historical Evaluation of Industrial Policies

Project Leader/Sub-Leader


OKAZAKI Tetsuji (Faculty Fellow)



The industrial policies that the Ministry of International Trade and Industry (MITI) and the Ministry of Economy, Trade and Industry (METI) implemented after World War II are attracting the keen interest of policy makers in developing countries, who are making efforts to promote industries in their own countries. However, economists and economic historians are sharply divided on the evaluation of the effects of the Japanese industrial policy. The basic reason for the mixed evaluation is that we still do not have a sufficient accumulation of research that analyzes the positive and negative effects of the industrial policy, based on micro-data as well as appropriate economic and econometric frameworks. In this project, we aim at evaluating the Japanese industrial policy quantitatively, through collecting and analyzing original documents and detailed micro-data, and thereby providing a solid basis for policy discussion.

January 6, 2014 - December 31, 2015

Major Research Results


RIETI Discussion Papers


RIETI Discussion Papers