Overview
The aim of this project is to isolate key determinants of firm growth. First, specifically focusing on various exogenous shocks which have faced the Japanese economy in advance of other nations, including population aging, the hollowing out of industry, business succession challenges, trade conflicts, and unconventional monetary policy, we will identify the causal impact of those shocks on firm dynamics. Second, employing granular data including proprietary firm data and machine learning-based causal inference techniques, we will establish causal relationships linking growth mechanisms to firm dynamics.
April 1, 2020 - March 31, 2022
Major Research Results
2022
RIETI Discussion Papers
2021
RIETI Discussion Papers
- 22-E-027
"Demand Shock Propagation Through an Input-output Network in Japan" (ARATA Yoshiyuki and MIYAKAWA Daisuke) - 22-E-015
"Does Employee Downsizing Work? Evidence from Product Innovation at Manufacturing Plants" (OKUDAIRA Hiroko, TAKIZAWA Miho and YAMANOUCHI Kenta) - 22-E-014
"Misallocation under the Shadow of Death" (MIYAKAWA Daisuke, OIKAWA Koki and UEDA Kozo) - 22-E-013
"Local Labor Market Effects of Chinese Imports and Offshoring: Evidence from Matched-Foreign Affiliate-Domestic Parent-Domestic Plant Data in Japan" (KIYOTA Kozo, NAKAJIMA Kentaro and TAKIZAWA Miho) - 22-E-012
"Financial Constraints and Markups" (HOSONO Kaoru, TAKIZAWA Miho and YAMANOUCHI Kenta) - 22-E-009
"Foreign Direct Investment and Markups" (HOSONO Kaoru, TAKIZAWA Miho and YAMANOUCHI Kenta)
