Research Programs: Raising Industrial and Firm Productivity

Human capital (Education·Health) investment and productivity

Project Leader/Sub-Leader

INUI Tomohiko

INUI Tomohiko (Faculty Fellow)



It is expected that the digitization of Japanese society will progress rapidly in the future, partly due to the spread of Covid-19. It has been pointed out that investment in intangible assets, especially investment in human capital, is important for improving productivity through the digitization of society. In this study, we examine the determinants of investment in education and health, which are two of the most important investments that form human capital, and the implications of investment on productivity. On top of that, we will try to make policy proposals based on scientific evidence regarding education policy and labor policy that correspond to a future digitized society.

September 1, 2021 - February 29, 2024

(During the research project period, the research activity period is set from September 1, 2021 to August 31, 2023, and the data usage reporting period is set from September 1, 2023 to February 29, 2024.)

Major Research Results


RIETI Discussion Papers


RIETI Discussion Papers