Recently, Foreign Invested Enterprises (FIEs) in China have increased their investment in not only production activity but also R&D activity. This paper examines the impact of spillovers from such activities on two types of innovations by Chinese domestic firms: Total Factor Productivity (TFP)...

To quantify the impacts of immigration on the Japanese economy, we present a large-scale numerical dynamic equilibrium model with OLG and a total of 16 countries and regions, both those that are industrialized including Japan, the U.S. and EU, and developing countries China, Brazil, the...

We investigate the effect of close customer relationships on small firms' provision of trade credit during the 2001-2003 recession in Japan. Many studies argue that close customer relationships are costly for suppliers because when their main customer has a high proportion of the firm's total...

This paper applies the job creation (JC)/ destruction (JD) method to the micro data of Japanese manufacturing firms and provides a bird's eye portrait of the dynamism of globalizing firms in terms of domestic employment, domestic establishments, domestic affiliates, and trade. It examines gross...

After the Great East Japan Earthquake and the subsequent nuclear accident, nuclear power stations no longer can be presumed to be perfectly safe and thus hardly can be allowed to restart in Japan. In this study, we develop a nine-region spatial equilibrium model of the Japanese power market and...

This paper empirically examines the impact of board diversity on firms' innovative activity, taking advantage of the unique firm-level dataset in the period 2000-2011 in Japan. We constructed measurements of the degree of board diversity by using various characteristics of board members such as...

This study examines the determinants of individuals' preferences for trade policies, using micro data of 10,000 individuals selected from Japan's general population. In particular, we focus on the role of regional factors that influence trade policy preferences, considering the fact that there...

This study applies Davis, Haltiwanger, and Schuh's method (1996) to measure job creation/destruction rates of establishments in manufacturing firms using Japanese Economic Census data in 2006 and 2009. Results state that the net domestic employment decrease mainly arises from firms without...

This paper quantifies the fiscal cost of the demographic transition that Japan is projected to experience over the next several decades, in a life-cycle model with endogenous saving, consumption, and labor supply in both intensive and extensive margins. Retirement waves of baby-boom generations,...

Although the importance of a growth strategy is undisputed, the quantitative effects of individual policy measures on economic growth rate rarely have been reported. This paper, from the viewpoint of the users of academic research, overviews the quantitative impacts of frequently advocated,...