This paper provides a case study of the Ethiopian flower export industry which successfully emerged at time when the EU market (main destination) was already characterized by increasingly stringent standards and delivery requirements. Entering this market required a multitude of capabilities at...

Deregulation in the electric power industry has been aimed at promoting competition and thereby enhancing the industry's efficiency. We use the auction data of public power procurements to study the impact of the reform on the retail power market in Japan. We quantify this impact by measuring a...

This paper considers the instrumental variable regression model when there is uncertainly about the set of instruments, exogeneity restrictions, the validity of identifying restrictions and the set of exogenous regressors. This uncertainly can result in a huge number of models. To avoid...

This is a study to develop and solve numerical models based on Itoh’s (2003, Ch. 1) “Parts Supply Problems” for better understanding the contract theory. In the first part of this paper, by following Itoh (2003) we investigate 2- and 3-agent type cases; in the succeeding part, by using...

This paper analyzed the role of processing trade in China’s bilateral trade balances and the impact of the yuan’s appreciation on processing trade. The analysis is based on a panel data covering China’s 51 major trading partners from 1993-2008. The empirical analysis shows that: (1)...

We examine the roles of local and personal networks in the employment process and the emergence and development of the labor market in Ethiopia’s growing cut flower industry. Using primary survey data of 320 workers randomly sampled from all 64 farms, we find that workers who were recruited...

We quantified the impact of the decreased recreation demand caused by voluntary self-restraint following the Great East Japan Earthquake. We assumed an exogenous 10% reduction of the private consumption demand for three recreation industries experiencing decrease in demand due to...

Many sources of urban agglomeration, such as the gains from variety, bette rmatching, and knowledge creation and diffusion, involve departures from the first-best world. Benefit evaluation of a transportation project must then take into account changes in excess burden along with any direct user...

This survey was targeted at local habitants of four areas (Yotsuya, Tansumachi, Enoki, Wakamatsu) in Shinjuku-ku, Tokyo. On August 31, 2010, the questionnaires were sent, requesting respondents to send a reply by September 28, to examine the correlation among local residents, communities and...

Accountability for investment of public funds is required and it is necessary to explain the social contribution or social return of research based on evidence. In case of life sciences R&D, we consider that the innovation in the medical treatment (drug discovery) is its goal, which will...