This study aims to investigate the contribution of visitors' expenditure to Tokyo Metropolitan's economy including its decomposition, the interregional repercussion effect between Tokyo and the rest of Japan, and the intersectoral propagation activities between tourism and the other sector in...

Tokyo is conspicuous for its now decades-long absence in the headlines of global financial news. In this article, we revisit the evolution of Tokyo as an international financial centre through the lens of Global Financial Networks (GFN). Drawing on insights from high-level interviews, we present...

This report discusses the remarks delivered by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan. Global growth is expected to slow sharply from 5.7 percent in 2021 to 2.9 percent in 2022, with further slowing likely as more countries fall into recession. In...

With shrinking cities becoming a global issue, declining housing demands due to declining population leads to a reduction in land prices. Housing asset value decline occurs mainly in suburbs, which has an economic effect on elderly households. Although some issues have already been indicated, it...

This study aims to elucidate the effects that staying home due to COVID-19 has had on households with primary school-age children living in the central area. To determine the differences in states of mind between people in the central area and people in other areas, we investigated the changes...

This report analyzes the start-up ecosystem in Tokyo and the greater surrounding area in Japan in the transition of the innovation model to a hybrid of traditional public sector-university-corporation research and development (R and D) combined with start-up agile innovation. It first introduces...

In analyzing the dynamics of Tokyo housing price, we have compiled annual micro data sets from individual listings in a widely-circulated real estate advertising magazine. A data set compiled from "properties for investment" lists both asking (sales) prices and rents for the same properties....

When my generation of international legal scholars came of age, efforts to research the International Military Tribunal for the Far East (‘IMTFE’) turned up remarkably few resources, at least in the English-language literature. Those we found invariably began by noting how little attention...

In 2015 the Tokyo Stock Exchange (TSE) implemented Arrowhead Renewal improvements (ARI) that reduced latency from about one millisecond to less than 0.5 milliseconds. Simultaneously, the ARI introduced new risk management functions to improve market fairness by reducing manipulative trading...

We evaluate the causal effect of class size (i.e., number of students in a classroom) on incidence of class closure due to flu epidemic in 2015, 2016, and 2017, applying an instrumental variable method with the Maimonides rule to administrative data of public primary and middle school students...

This report discusses the remarks delivered by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan. Global growth is expected to slow sharply from 5.7 percent in 2021 to 2.9 percent in 2022, with further slowing likely as more countries fall into recession. In...

This study analyses the impact created by Tokyo 2020 Olympic Games on Japan’s Economy and Capital Market. In this research, the influence of hosting Tokyo 2020 Olympic Games during COVID 19 on Japan’s economy and capital Market as of before and after the event is observed and studied. Event...

The book consists of three essays on Oligopoly, Auctions, and Market Quality, an introduction to the concepts used and a survey the author’s contributions to the literature that integrates the concept of market quality into theoretical models of auctions and oligopoly. Dastidar follows...

The flow interception location model (FILM) focuses on vehicular traffic in a road network and locates a fixed number of facilities so as to maximize the total flow that can be serviced at facilities along preplanned routes, such as a daily commute to work. This paper develops a version of FILM,...

Tokyo and Seoul, the two leading East Asian global cities, operate under "developmental states." They often struggle for control over major urban initiatives against their strong state government agencies as they seek prominence in the global city hierarchy. Through comparative review of...

Japan entered its period of rapid economic growth in the late 1950s, and for half a century since then, the concentration of population, industries, and other functions in three major metropolitan areas, particularly in Tokyo, was remarkably intense. For the well-balanced development of Greater...

The Tokyo ETS is the first emission trading scheme to control GHG emissions from office buildings. Although the Tokyo government claimed that Tokyo ETS had been successful, some argued that the emission reduction under Tokyo ETS was actually the result of electric power price increases triggered...

We provide new theory and evidence on the role of consumption access in understanding the agglomeration of economic activity. We combine smartphone data that records user location every 5 minutes of the day with economic census data on the location of service-sector establishments to measure...

We introduce a new indicator of urbanization called the "The Gross City Development Index (GCD-Index)." The GCD-Index calculation is based on the Concept of city integral sustainable development platform. The platform consists of ten Main Structures, which are (i) Main Structure-1: Economic and...

The aim of this paper is to study the consequences of rolling out a global corporate culture on a multinational company in order to streamline modes of communication between headquarter and local offices across different host markets in an attempt to optimise the functionality of the...

The primary aim of this paper is to examine characteristics of stocks that hit the limits listed in the Tokyo Stock Exchange. We analyse the characteristics of stocks that hit the limits more frequently, the characteristics of stocks that hit the upper limits and the characteristics of stocks...

The primary aim of this paper is to examine characteristics of stocks that hit the limits listed in the Tokyo Stock Exchange. We analyse the characteristics of stocks that hit the limits more frequently, the characteristics of stocks that hit the upper limits and the characteristics of stocks...

As the economic importance of tourism increases, it is important to consider the effects that tourism has on the environment in the affected regions of the country. In our study, we selected two popular tourist destinations in Japan, Tokyo and Kyoto, for our case studies on the repercussion...

We study whether the presence of low-latency traders (including high-frequency traders (HFTs)) in the pre-opening period contributes to market quality, defined by price discovery and liquidity provision, in the opening auction. We use a unique dataset from the Tokyo Stock Exchange (TSE) based on...