KIMURA Fukunari

KIMURA Fukunari

KIMURA Fukunari

Consulting Fellow

Professor, Faculty of Economics, Keio University
Chief Economist, Economic Research Institute for ASEAN and East Asia (ERIA)

Activities at RIETI


International Trade, Development Economics, East Asian Economies


1991 Ph.D. (Economics), Department of Economics, University of Wisconsin-Madison
1990 MS (Economics), Department of Economics, University of Wisconsin-Madison
1982 Bachelor of Laws, Faculty of Law (Political Science Course), University of Tokyo


2017 - 2021 Director, Center for International Economics, Institute for Economic Studies, Keio University
2016 - 2022 Chair, Sub-Committee on Unfair Trade Policies and Measures, Trade Policy Committee, Industrial Structure Council
2016 - 2019 Program Officer, Research Center for Science Systems, Japan Society for the Promotion of Science
2015 - 2017 Dean, Graduate School of Economics, Keio University
2012 - 2014 Representative Director, Tokyo Center for Economic Research
2010 - 2012 President, Japan Society of International Economics
2008 - Chief Economist, Research Institute for ASEAN and East Asia
2000 - Professor, Faculty of Economics, Keio University
1994 - 2000 Assistant Professor, Faculty of Economics, Keio University
1991 - 1994 Assistant Professor, Department of Economics, State University of New York at Albany
1982 - 1986 Researcher, International Development Center of Japan

Selected Publications and Papers

  • "The Gravity Equation in International Trade in Services." Review of World Economics, 142(1), 2006: 92-121 (with H.-H. Lee).
  • "International Production and Distribution Networks in East Asia: Eighteen Facts, Mechanics, and Policy Implications." Asian Economic Policy Review, 1(2), 2006: 326-344.
  • "Exports, FDI, Productivity: Dynamic Evidence from Japanese Firms." Review of World Economics, 141(4), 2006: 695-719 (with K. Kiyota).
  • "Foreign-owned versus Domestically-owned Firms: Economic Performance in Japan." Review of Development Economics, 11(1), 2007: 31-48 (with K. Kiyota).
  • "Fragmentation and Parts and Components Trade: Comparison between East Asia and Europe." North American Journal of Economic and Finance, 18(1), 2007: 23-40 (with Y. Takahashi and K. Hayakawa).
  • "The Effect of Exchange Rate Volatility on International Trade in East Asia." Journal of the Japanese and International Economies, 23(4), 2009: 395-406 (With K. Hayakawa).
  • "How Did the Japanese Exports Respond to Two Crises in the International Production Network? The Global Financial Crisis and the Great East Japan Earthquake." Asian Economic Journal, 26(3), 2012: 261-287 (with M. Ando).
  • "Production Linkage of Asia and Europe via Central and Eastern Europe." Journal of Economic Integration, 28(2), 2013: 204-240 (with M. Ando).
  • "Asian Fragmentation in the Global Financial Crisis." International Review of Economics and Finance, 31, 2014: 114-127 (with T. Okubo and N. Teshima).
  • "Nonconventional Provisions in Regional Trade Agreements: Do They Enhance International Trade? " Journal of Applied Economics, 17, 2014: 113-138 (with K. Hayakawa and K. Nabeshima).
  • "Evolution of Machinery Production Networks: Linkage of North America with East Asia." Asian Economic Papers, 14(3), 2014: 121-160 (with M. Ando).
  • "How Much Do Free Trade Agreements Reduce Impediments to Trade?" Open Economies Review. Published on line: October 24, 2014 (with K. Hayakawa).
  • "Globalization and Domestic Operations: Applying the JC/JD Method to Japanese Manufacturing Firms." Asian Economic Papers, 14(2), 2015: 1-35 (with M. Ando).
  • "Trade Creating Effects of Regional Trade Agreements: Tariff Reduction versus Non-tariff Barrier Removal." Review of Development Economics, 20(1), 2016: 317-326 (with K. Hayakawa and T. Ito).
  • "The Role of China, Japan, and Korea in Machinery Production Networks." International Economic Journal, 30(2), 2016: 169-190 (with A. Obashi).
  • "Deepening and Widening of Production Networks in ASEAN." Asian Economic Papers, 16(1), 2017: 1-27 (with A. Obashi).
  • "Industrialization and Poverty Reduction in East Asia: Internal Labor Movements Matter." Journal of Asian Economics, 48, 2017: 23-37 (with M. S. Chang).
  • "Unbundling Regimes and Development Strategies in ASEAN: Old Issues and New Challenges." Journal of Southeast Asian Economies, 35(1), 2018: 13-21.
  • "Value Chain Connectivity in Indonesia: The Evolution of Unbundlings." Bulletin of Indonesian Economic Studies, 54(2), 2018: 165-192 (with L. Chen).
  • "Measuring the Usage of Preferential Tariffs in the World." Review of World Economics, 154(4,) 2018: 705-723 (with K. Hayakawa and N. Laksanapanyakul).
  • "Are Production Networks Passé? Not Yet." Asian Economic Papers, 17(3), 2018: 86-107 (with A. Obashi).
  • "Defending the Rule-based Trading Regime: The Multilateral Trading System at Risk and Required Responses." Asian Economic Papers, 18(3), 2019: 78-87.
  • "Pandemic (COVID-19) Policy, Regional Cooperation and the Emerging Global Production Network." Asian Economic Journal, 34(1), 2020: 3-27 (with S.M. Thangavelu, D. Narjoko, and C. Findlay).
  • "The Impact of COVID-19 and the US-China Confrontation on East Asian Production Networks." Seoul Journal of Economics, 34(1), 2021: 27-41.
  • "RCEP from the Middle Powers' Perspective." China Economic Journal, 2021. DOI: 10.1080/17538963.2021.1933059.
  • "International Production Networks Are Overcoming COVID-19 Shocks: Evidence from Japan's Machinery Trade." Asian Economic Papers, 20(3), 2021: 40-72 (with M. Ando and A. Obashi).
  • "East Asian Production Networks Go Beyond the Gravity Prediction." Forthcoming in Asian Economic Papers, 21(2), 2022 (with M. Ando and K. Yamanouchi).



  • 1997 First Order of King Hussain Decoration of Distinguished Service to the Country, The Hashimite Kingdom of Jordan
  • 2015 The 10th Kojima Kiyoshi Prize Award, Japan Society of International Economics.