Overview
This project will address the necessary issues to achieve sustainable growth in Japan. Topics include the anatomy of innovations; measurement of the impacts of innovations on the markets; discussion of policy implications; and construction of a new measure for innovation. Our theoretical approach is based on econophysics, and our empirical research focuses on the Japanese economy. Our wide-ranged approach will provide deeper insights for sustainable growth in Japan and policy implications.
May 11, 2015 - March 31, 2017
Major Research Results
2018
RIETI Discussion Papers
2017
RIETI Discussion Papers
- 18-E-009
"Wealth Distribution in the Endogenous Growth Model with Idiosyncratic Investment Risk" (HIRAGUCHI Ryoji) - 17-E-076
"A Compositional Data Analysis of Market Share Dynamics" (ARATA Yoshiyuki and ONOZAKI Tamotsu) - 17-J-042
"Economic Growth and the Change of Industrial Structure" (YOSHIKAWA Hiroshi and ANDO Koichi) - 17-J-035
"Household Savings Rate in National Accounts and Household Surveys in Japan" (UNAYAMA Takashi and OHNO Taro)
2016
RIETI Discussion Papers
- 17-E-015
"A Functional Linear Regression Model in the Space of Probability Density Functions" (ARATA Yoshiyuki) - 17-E-011
"A Semantic Analysis of Monetary Shamanism: A case of the BOJ's Governor Haruhiko Kuroda" (KEIDA Masayuki and TAKEDA Yosuke) - 17-E-003
"Heterogeneous Investor Behaviors and Market Volatility in the Tokyo Stock Exchange" (KIMURA Yosuke)
2015
RIETI Discussion Papers
- 16-E-058
"Loyalty and Consumption: A CES representation" (INOSE Junya) - 16-E-052
"The Impact of a Permanent Income Shock on Consumption: Evidence from Japan's 2014 VAT increase" (David CASHIN and UNAYAMA Takashi) - 16-E-032
"Firm Growth by Product Innovation in the Presence of the Product Life Cycle" (MURAKAMI Hiroki) - 15-E-120
"Macroeconomic Consequences of Lumpy Investment under Uncertainty" (ARATA Yoshiyuki, KIMURA Yosuke and MURAKAMI Hiroki) - 15-E-117
"Wealth Inequality, or r-g, in the Economic Growth Model" (HIRAGUCHI Ryoji)
