Publications

by members of

Japan Center for Economic Research (JCER)

Working papers

2009

1. Robert Dekle & Kyoji Fukao, 2009. "The Japan-U.S. Exchange Rate, Productivity, and the Competitiveness of Japanese Industries," Global COE Hi-Stat Discussion Paper Series gd08-047, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Fukao, Kyoji & Wu, Harry X. & Yuan, Tangjun, 2009. "Comparative Output and Labour Productivity in Manufacturing for China, Japan, Korea and the United States in Circa 1935 by a Production PPP Approach," CEI Working Paper Series 2008-26, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
3. Dekle, Robert & Fukao, Kyoji, 2009. "The Japan-U.S. Exchange Rate, Productivity, and the Competitiveness of Japanese Industries," CEI Working Paper Series 2008-25, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
4. Ahn, Sanghoon & Fukao, Kyoji & Ito, Keiko, 2009. "The Impact of Outsourcing on the Japanese and South Korean Labor Markets: International Outsourcing of Intermediate Inputs and Assembly in East Asia," CEI Working Paper Series 2008-27, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
5. FUKAO Kyoji & MIYAGAWA Tsutomu & Hak K. PYO & Keun Hee RHEE, 2009. "Estimates of Multifactor Productivity, ICT Contributions and Resource Reallocation Effects in Japan and Korea," Discussion papers 09021, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
6. Tangjun Yuan & Tokihiko Settsu & Jean-Pascal Bassino & Kyoji Fukao, 2009. "Gross Prefectural Domestic Product and Industrial Structure in Pre-war Japan [in Japanese]," Global COE Hi-Stat Discussion Paper Series gd09-71, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
7. Kyoji Fukao & Tomohiko Inui & Keiko Ito & Young Gak Kim & Tangjun Yuan, 2009. "An International Comparison of the TFP Levels and the Productivity Convergence of Japanese, Korean, Taiwanese and Chinese Listed Firms," Global COE Hi-Stat Discussion Paper Series gd09-089, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
8. Nobuaki Yamashita & Kyoji Fukao, 2009. "Expansion Abroad and Jobs at Home - Evidence from Japanese Multinational Enterprises," Macroeconomics Working Papers 1820, East Asian Bureau of Economic Research. [Downloadable!]

2008

1. Kyoji Fukao & Yuhong Wei, 2008. "How do the Location Determinants of Vertical FDI and Horizontal FDI Differ?," Hi-Stat Discussion Paper Series d07-233, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Sanghoon Ahn & Kyoji Fukao & Keiko Ito, 2008. "Outsourcing in East Asia and its impact on the Japanese and Korean Labour Markets," OECD Trade Policy Working Papers 65, OECD, Trade Directorate. [Downloadable!]
3. Kyoji Fukao & Toshihiro Okubo, 2008. "Why Has the Border Effect in the Japanese Machinery Sectors Declined? The Role of Business Networks in East Asian-Machinery Trade," Hi-Stat Discussion Paper Series d07-238, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
4. Kyoji Fukao & Tomohiko Inui & Shigesaburo Kabe & Deqiang Liu, 2008. "An International Comparison of the TFP Levels of Japanese, Korean and Cinese Listed Firms," Hi-Stat Discussion Paper Series d07-244, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
5. Fukao, Kyoji & Inui, Tomohiko & Kabe, Shigesaburo & Liu, Deqiang, 2008. "An International Comparison of the TFP Levels of Japanese, Korean and Chinese Listed Firms," CEI Working Paper Series 2007-13, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
6. Nobuaki Yamashita & Kyoji Fukao, 2008. "The Effects of Overseas Operations on Home Employment of Japanese Multinational Enterprises," Hi-Stat Discussion Paper Series d08-251, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
7. Hyeog Ug Kwon & Kyoji Fukao & YoungGak Kim, 2008. "R&D and Productivity Growth: An Empirical Analysis Based on Firm-Level Data [in Japanese]," Global COE Hi-Stat Discussion Paper Series gd08-003, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
8. Sanghoon Ahn & Kyoji Fukao & Keiko Ito, 2008. "The Impact of Outsourcing on the Japanese and South Korean Labor Markets: International Outsourcing of Intermediate Inputs and Assembly in East Asia," Global COE Hi-Stat Discussion Paper Series gd08-001, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
9. Hyeog Ug Kwon & Kyoji Fukao & YoungGak Kim, 2008. "Innovation and Productivity Growth: An Empirical Analysis Based on Micro Data of the Basic Survey of Business Structure and Activity and the Japanese National Innovation Survey [in Japanese]," Global COE Hi-Stat Discussion Paper Series gd08-002, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
10. Yoko Oguro & Kyoji Fukao & Yougesh Khatri, 2008. "Trade Sensitivity to Exchange Rates in the Context of Intra-Industry Trade," IMF Working Papers 08/134, International Monetary Fund. [Downloadable!]
11. Kyoji Fukao & Tsutomu Miyagawa & Kentaro Mukai & Yukio Shinoda & Konomi Tonogi, 2008. "Intangible Investment in Japan: New Estimates and Contribution to Economic Growth," Global COE Hi-Stat Discussion Paper Series gd08-015, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
12. Kyoji Fukao & Kim YoungGak, 2008. "Productivity, Resource Allocation, and Economic Growth in Japan [In Japanese]," Global COE Hi-Stat Discussion Paper Series gd08-014, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
13. Kyoji Fukao & Harry X. Wu & Tangjun Yuan, 2008. "Comparative Output and Labour Productivity in Manufacturing for China, Japan, Korea and the United States in Circa 1935 by a Production PPP Approach," Global COE Hi-Stat Discussion Paper Series gd08-018, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

2007

1. ITO Keiko & FUKAO Kyoji, 2007. "Determinants of the Profitability of Japanese Manufacturing Affiliates in China and Other Regions: Does Localization of Procurement, Sales, and Management Matter?," Discussion papers 07001, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
2. FUKAO Kyoji & HAMAGATA Sumio & INUI Tomohiko & ITO Keiko & Hyeog Ug KWON & MAKINO Tatsuji & MIYAGAWA Tsutomu & NAKANISHI Yasuo & TOKUI Joji, 2007. "Estimation Procedures and TFP Analysis of the JIP Database 2006 Provisional Version," Discussion papers 07003, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
3. Yukako Murakami & Kyoji Fukao, 2007. "The Adjustment Speed of Employment at Foreign-Owned Firms," Hi-Stat Discussion Paper Series d06-207, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
4. Kyoji Fukao, 2007. "The Performance of Foreign Firms and the Macroeconomic Impact of FDI," Hi-Stat Discussion Paper Series d07-210, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
5. FUKAO Kyoji & HAMAGATA Sumio & MIYAGAWA Tsutomu & TONOGI Konomi, 2007. "Intangible Investment in Japan: Measurement and Contribution to Economic Growth," Discussion papers 07034, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
6. Young Gak Kim & Hyeog Ug Kwon & Kyoji Fukao, 2007. "Kigyo jigyosho no sannyu-taishutsu to sangyo level no seisansei [in Japanese]," Hi-Stat Discussion Paper Series d07-215, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
7. FUKAO Kyoji & MIYAGAWA Tsutomu, 2007. "Productivity in Japan, the US, and the Major EU Economies: Is Japan Falling Behind?," Discussion papers 07046, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
8. Fukao, Kyoji & Ito, Keiko & Kabe, Shigesaburo & Liu, Deqiang & Takeuchi, Fumihide, 2007. "Are Japanese Firms Failing to Catch up in Localization? An Empirical Analysis Based on Affiliate-level Data of Japanese Firms and a Case Study of the Automobile Industry in China," CEI Working Paper Series 2006-16, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
9. Fukao, Kyoji & Kim, YoungGak & Kwon, Hyeog Ug, 2007. "Plant Turnover and TFP Dynamics in Japanese Manufacturing," CEI Working Paper Series 2006-17, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
10. Fukao, Kyoji & Ito, Keiko & Kwon, Hyeog Ug & Takizawa, Miho, 2007. "Cross-Border Acquisitions and Target Firms' Performance: Evidence from Japanese Firm-Level Data," CEI Working Paper Series 2006-18, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
11. Fukao, Kyoji, 2007. "The Performance of Foreign Firms and the Macroeconomic Impact of FDI," CEI Working Paper Series 2007-4, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
12. Kyoji Fukao & Tsutomu Miyagawa & Miho Takizawa, 2007. "Productivity Growth and Resource Reallocation in Japan," Hi-Stat Discussion Paper Series d07-224, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
13. Fukao, Kyoji & Miyagawa, Tsutomu & Takizawa, Miho, 2007. "Productivity Growth and Resource Reallocation in Japan," CEI Working Paper Series 2007-9, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

2006

1. Kyoji Fukao & Hyeog Ug Kwon & Miho Takizawa, 2006. "Tainichi Kokunai Kigyokan M&A to Hibaisyukigyo no performance [in Japanese]," Hi-Stat Discussion Paper Series d05-133, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Kyoji Fukao & Debin Ma & Tangjun Yuan, 2006. "Real GDP in Pre-War East Asia: A 1934-36 Benchmark Purchasing Power Parity Comparison with the U.S," Hi-Stat Discussion Paper Series d05-132, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
3. Yukako Murakami & Kyoji Fukao, 2006. "Inward Foreign Direct Investments and Productivity Growth in Japan," Hi-Stat Discussion Paper Series d05-143, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
4. Rene Belderbos & Kyoji Fukao & Tomoko Iwasa, 2006. "Foreign and Domestic R&D Investment," Hi-Stat Discussion Paper Series d05-140, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
5. Kyoji Fukao & Kozo Kiyota & Ximing Yue, 2006. "China's Long-Term International Trade Statistics: By Commodity, 1952-1964 and 1981-2000," Hi-Stat Discussion Paper Series d05-147, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
6. Kyoji Fukao & Hyeoug Ug Kwon & Miho Takizawa, 2006. "M&A to hibaishukigyo no pafomansu: Tainichi M&A to kokunaikigyokan M&A no hikaku [in Japanese]," Hi-Stat Discussion Paper Series d06-162, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
7. Hyeog Ug Kwon & Kyoji Fukao, 2006. "Ushinawareta 10 nen ni TFP josho ha naze teitaishitaka: Seizogyo data ni yoru jisshobunseki [in Jpanese]," Hi-Stat Discussion Paper Series d06-168, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
8. Rene Belderbos & Kyoji Fukao & Hyeog Ug Kwon, 2006. "Intellectual Property Rights Protection and the Location of Research and Development Activities by Multinational Firms," Hi-Stat Discussion Paper Series d06-167, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
9. Kyoji Fukao & Keikok Ito & Hyeg Ug Kwon & Miho Takizawa, 2006. "Cross-Border Acquisitons and Target Firms' Performance: Evidence from Japanese Firm-Level Data," Hi-Stat Discussion Paper Series d06-174, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
10. Kyoji Fukao & Young Gak Kim & Hyeog Ug Kwon, 2006. "Plant Turnover and TFP Dynamics in Japanese Manufacturing," Hi-Stat Discussion Paper Series d06-180, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
11. Kyoji Fukao & Keiko Ito & Hyeog Ug Kwon & Miho Takizawa, 2006. "Cross-Border Acquisitions and Target Firms' Performance: Evidence From Japanese Firm-Level Data," NBER Working Papers 12422, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
12. Kyoji Fukao & Ryo Kambayashi & Daiji Kawaguchi & Hyeog Ug Kwon & Young Gak Kim & Izumi Yokoyama, 2006. "Deferred Compensation: Evidence from Employer-Employee Matched Data from Japan," Hi-Stat Discussion Paper Series d06-187, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
13. Kyoji Fukao & Keiko Ito & Shigesaburo Kabe & Deqiang Liu & Fumihide Takeuchi, 2006. "Are Japanese Firms Failing to Catch up in Localization? An Empirical Analysis Based on Affiliate-level Data of Japanese Firms and a Case Study of the Automobile Industry in China," Hi-Stat Discussion Paper Series d06-191, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
14. Daiji Kawaguchi & Ryo Kambayashi & Young Gak Kim & Hyeog Ug Kwon & Satoshi Shimizutani & Kyoji Fukao & Tatsuji Makino & Izumi Yokoyama, 2006. "Nenkochingin ha seisansei to kairishiteiruka: Kogyochosa, chinginkozokihonchosa kohyo data niyoru jissho bunseki [in Japanese]," Hi-Stat Discussion Paper Series d06-189, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
15. Kyoji Fukao & Hyeog Ug Kwon & Miho Takizawa, 2006. "Gaishi ni yoru M&A ha yori takai performance wo motarasunoka [in Japanese]," Hi-Stat Discussion Paper Series d06-188, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
16. Yukako Murakami & Kyoji Fukao, 2006. "Productivity Spillovers and the Entry of Foreign-Owned Firms: The Case of Japanese Manufacturing Firms," Hi-Stat Discussion Paper Series d06-192, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
17. Kyoji Fukao & Osamu Saito, 2006. "Japan's alternating phases of growth and outlook for the future," Hi-Stat Discussion Paper Series d06-196, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
18. Kyoji Fukao & Keiko Ito & Shigesaburo Kabe & Deqiang Liu & Fumihide Takeuchi, 2006. "Do Japanese Firms Fail to Catch up in Localization? An Empirical Analysis Based on Affiliate-level Data of Japanese Firms and a Case Study of Automobile Industry in China," Microeconomics Working Papers 890, East Asian Bureau of Economic Research. [Downloadable!]

2005

1. Kyoji Fukao & Debin Ma & Tangjun Yuan, 2005. "International Comparison in Historical Perspective: Reconstructing the 1934-36 Benchmark Purchasing Power Parity for Japan, Korea and Taiwan," Hi-Stat Discussion Paper Series d04-66, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Kyoji Fukao & Hyeog Ug Kwon, 2005. "Why Did Japan's TFP Growth Slow Down in the Lost Decade? An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms," Discussion papers 05004, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
3. Sanghoon Ahn & Kyoji Fukao & Hyeog Ug Kwon, 2005. "The Internationalization and Performance of Korean and Japanese Firms: An Empirical Analysis Based on Micro-data," Discussion papers 05008, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
4. Kyoji Fukao & Keiko Ito & Hyeog Ug Kwon, 2005. "Do Out-In M&As Bring Higher TFP to Japan? An Empirical Analysis Based on Micro-data on Japanese Manufacturing Firms," Discussion papers 05005, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
5. Ralph Paprzycki & Kyoji Fukao, 2005. "The Extent and History of Foreign Direct Investment in Japan," Hi-Stat Discussion Paper Series d05-84, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
6. Hyeog Ug Kwon & Kyoji Fukao & Keiko Ito, 2005. "Tainichi chokusetsutoshi ha nihon no seisansei koujo wo motarasuka? "Kigyokatsudo kihon chosa"kohyo data ni Motoduku jisshobunseki (in Japanese)," Hi-Stat Discussion Paper Series d05-88, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
7. Keiko Ito & Kyoji Fukao, 2005. "The Vertical Division of Labor and Japanese Outward FDI: Impacts on Human Capital Deepening in Japan (in Japanese)," Hi-Stat Discussion Paper Series d05-115, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
8. Hyoeg Ug Kwon & Keiko Ito & Kyoji Fukao, 2005. "Gaishikei kigyo ha nigeashi ga hayainoka?: Jigyosho no taishutsu to koyo seichouritu ni kansuru jisshobunseki (in Japanese)," Hi-Stat Discussion Paper Series d05-112, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
9. Mitsuhiro Fukao, 2005. "The Effects of 'Gesell' (Currency) Taxes in Promoting Japan's Economic Recovery," Hi-Stat Discussion Paper Series d05-94, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

2004

1. Kyoji Fukao & Keiko Ito, 2004. "Physical and Human Capital Deepening and New Trade Patterns in Japan," Discussion papers 04002, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
2. Keiko Ito & Kyoji Fukao, 2004. "Physical and Human Capital Deepening and New Trade Patterns in Japan," NBER Working Papers 10209, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
3. Kyoji Fukao & Ximing Yue & Kozo Kiyota, 2004. "Chugoku Shohinbetsu Boekitokei no Sakusei: 1952-1964nen oyobi 1981-2000nen (in Japanese)," Hi-Stat Discussion Paper Series d03-12, Institute of Economic Research, Hitotsubashi University.
4. Kyoji Fukao & Toshihiro Okubo, 2004. "Why Has the Border Effect in the Japanese Market Declined? The Role of Business Networks in East Asia," Discussion papers 04016, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
5. Kyoji Fukao & Tomohiko Inui & Hiroki Kawai & Tsutomu Miyagawa, 2004. "Sectoral Productivity and Economic Growth in Japan, 1970-98: An Empirical Analysis Based on the JIP Database," Hi-Stat Discussion Paper Series d03-19, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
6. Kyoji Fukao & Goushi Kataoka & Arata Kuno, 2004. "How to Measure Non-tariff Barriers? A Critical Examination of the Price-Differential Approach," Discussion papers 04015, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
7. Kyoji Fukao, 2004. "Do Foreign Firms Bring Greater Total Factor Productivity to Japan?," Discussion papers 04014, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
8. Kyoji Fukao & Toshihiro Okubo, 2004. "Why Has the Border Effect in the Japanese Market Declined?: The Role of Business Networks in East Asia," Hi-Stat Discussion Paper Series d03-24, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
9. Ralph Paprzycki & Kyoji Fukao, 2004. "Overcoming economic stagnation in Japan: The importance of total factor productivity and the potential contribution of foreign direct investment," Hi-Stat Discussion Paper Series d04-39, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
10. Kyoji Fukao & Hyeog Ug Kwon, 2004. "Japan's Productivity and Economic Growth:an Empirical Analysis Based on Industry-Level and Firm-Level Data (in Japanese)," Hi-Stat Discussion Paper Series d04-33, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
11. Kyoji Fukao & Keiko Ito & Hyeog Ug Kwon, 2004. "Do Out-In M&As Bring Higher TFP to Japan?: An Empirical Analysis Based on Micro-data on Japanese Manufacturing Firms," Hi-Stat Discussion Paper Series d04-41, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
12. Kyoji Fukao & Kiyohiko G. Nishimura & Qing-Yuan Sui & Masayo Tomiyama, 2004. "Japanese Banks' Monitoring Activities and the Performance of Borrower Firms: 1981-1996," Hi-Stat Discussion Paper Series d04-42, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
13. Kyoji Fukao & Hyeog Ug Kwon, 2004. "Why Did Japan's TFP Growth Slow Down in the Lost Decade?: An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms," Hi-Stat Discussion Paper Series d04-50, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
14. Kyoji Fukao; Toshihiro Okubo, 2004. "Why Has the Border Effect in the Japanese Market Declined?," HEI Working Papers 12-2004, Economics Section, The Graduate Institute of International Studies. [Downloadable!]

2003

1. Kyoji Fukao & Hikari Ishido & Keiko Ito, 2003. "Vertical Intra-Industry Trade and Foreign Direct Investment in East Asia," Discussion Paper Series a434, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Keiko Ito & Kyoji Fukao, 2003. "Foreign Direct Investment and Trade in Japan: An Empirical Analysis Based on the Establishment and Enterprise Census for 1996," Discussion Paper Series a441, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
3. Kyoji Fukao & Debin Ma & Tangjun Yuan, 2003. "International Comparison in Historical Perspective: Reconstructing the 1934-36 Benchmark Purchasing Power Parity for Japan, Korea and Taiwan," Discussion Paper Series a442, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
4. Keiko Ito & Kyoji Fukao, 2003. "Vertical Intra-Industry Trade and the Division of Labor in East Asia," Discussion Paper Series a444, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
5. Kyoji Fukao & Keiko Ito, 2003. "Physical and Human Capital Deepening and New Trade Patterns in Japan," Hi-Stat Discussion Paper Series d03-03, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
6. Kyoji Fukao & Yukako Murakami, 2003. "Do Foreign Firms Bring Greater Total Factor Productivity to Japan?," Hi-Stat Discussion Paper Series d03-04, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
7. Kyoji Fukao & Goushi Kataoka & Arata Kuno, 2003. "How to Measure Non-tariff Barriers? A Critical Examination of the Price-Differential Approach," Hi-Stat Discussion Paper Series d03-08, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
8. Kyoji Fukao & Debin Ma & Tangjun Yuan, 2003. "International Comparison in Historical Perspective: Reconstructing the 1934-36 Benchmark Purchasing Power Parity for Japan, Korea and Taiwan (in Japanese)," Hi-Stat Discussion Paper Series d03-09, Institute of Economic Research, Hitotsubashi University.
9. Kyoji Fukao, 2003. "Coordination Failures under Incomplete Information and Global Games," Discussion papers 03006, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
10. Kyoji Fukao & Hikari Ishido & Keiko Ito, 2003. "Vertical Intra-Industry Trade and Foreign Direct Investment in East Asia," Discussion papers 03001, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
11. Mitsuhiro Fukao, 2003. "Financial strains and the zero lower bound: the Japanese experience," BIS Working Papers 141, Bank for International Settlements. [Downloadable!]

2002

1. Kyoji Fukao & Toshihiro Okubo & Robert M. Stern, 2002. "An Econometric Analysis of Trade Diversion under NAFTA," Discussion Paper Series a431, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Kyoji Fukao & Toshihiro Okubo & Robert M. Stern, 2002. "An Econometric Analysis of Trade Diversion under NAFTA," Discussion papers 02011, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
3. Kyoji Fukao & Toshihiro Okubo & Robert M Stern, 2002. "An Econometric Analysis of Trade Diversion under NAFTA," Working Papers 491, Research Seminar in International Economics, University of Michigan. [Downloadable!]
4. 深尾, 京司, 2002. "黒字大国終焉論の誤解," Discussion Paper 97, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
5. Mitsuhiro Fukao, 2002. "Financial Sector Profitability and Double-Gearing," NBER Working Papers 9368, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

2001

1. Masayo Tomiyama & Kyoji Fukao & Qing-yuan Sui & Kiyohiko G. Nishimura, 2001. ""Banks' Monitoring and Profitability of Borrowing Firms"(in Japanese)," CIRJE J-Series CIRJE-J-46, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
2. 深尾, 京司, 2001. "日本の貯蓄超過と「バブル」の発生," Discussion Paper 35, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
3. Fukao, Mitsuhiro, 2001. "Financial Deregulations, Weakness of Market Discipline, and Market Development: Japan's Experience and Lessons for Developing Countries," CEI Working Paper Series 2001-17, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

2000

1. Kyoji Fukao & Keiko Ito, 2000. "Foreign Direct Investment and Service Trade: The Case of Japan," Discussion Paper Series a394, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

1997

1. Makoto Chigira & Kyoji Fukao, 1997. "On the Japanese Contribution to the Equalization of World Income," Discussion Paper Series a334, Institute of Economic Research, Hitotsubashi University. [Downloadable!]

1994

1. Kyoji Fukao, 1994. "Coordination Failures under Incomplete Information and Global Ggames," Discussion Paper Series a299, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
2. Kyoji Fukao & Toshiyasu Izawa & Morio Kuninori & Toru Nakakita, 1994. "R&D Investment and Overseas Production: An Empirical Analysis of Japan's Electric machinery Industry Based on Corporate Data," Discussion Paper Series a300, Institute of Economic Research, Hitotsubashi University.

1993

1. Mitsuhiro Fukao, 1993. "International Integration of Financial Markets and the Cost of Capital," OECD Economics Department Working Papers 128, OECD, Economics Department. [Downloadable!]

1992

1. Kyoji Fukao & Masayuki Otaki, 1992. "Accmulation of Human Capital and Business Cycle," Discussion Paper Series a255, Institute of Economic Research, Hitotsubashi University.

1991

1. Kyoji Fukao & Masayuki Otaki, 1991. "Accumulation of Human Capital, Labor Market Hysteresis, and the Business Cycle," Discussion Paper Series a241, Institute of Economic Research, Hitotsubashi University.

1990

1. Fukao, K. & Hamada, K., 1990. "International Trade And Investment Under Different Rates Of Time Preference," Papers 605, Yale - Economic Growth Center.
2. Kyoji Fukao, 1990. "Strategic Aspects of International Lending and Borrowing: A Two-Country Dynamic Game Model," Discussion Paper Series a216, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
3. Kyoji Fukao & Koichi Hamada, 1990. "International Trade and Investment under Different Rates of Time Preference," Discussion Paper Series a229, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
4. Kyoji Fukao & Koichi Hamada, 1990. "International Trade and Investment under Different Rates of Time Preferences," NBER Working Papers 3457, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

1989

1. Kyoji Fukao & Koichi Hamada, 1989. "The Fisherian Time Preference and the Ebolution of Capital Ownership Patterns in a Global Economy," NBER Working Papers 3104, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)

1986

1. Mitsuhiro Fukao & Masaharu Hanazaki, 1986. "Internationalisation of Financial Markets: Some Implications for Macroeconomic Policy and for the Allocation of Capital," OECD Economics Department Working Papers 37, OECD, Economics Department. [Downloadable!]

Journal articles

2009

1. Rene Belderbos & Kyoji Fukao & Tomoko Iwasa, 2009. "Foreign and domestic R&D investment," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 18(4), pages 369-380. [Downloadable!] (restricted)
2. Kyoji Fukao & Tsutomu Miyagawa & Kentaro Mukai & Yukio Shinoda & Konomi Tonogi, 2009. "Intangible Investment In Japan: Measurement And Contribution To Economic Growth," Review of Income and Wealth, Blackwell Publishing, vol. 55(3), pages 717-736, 09. [Downloadable!] (restricted)

2007

1. Kyoji Fukao & Debin Ma & Tangjun Yuan, 2007. "Real Gdp In Pre-War East Asia: A 1934-36 Benchmark Purchasing Power Parity Comparison With The U.S," Review of Income and Wealth, Blackwell Publishing, vol. 53(3), pages 503-537, 09. [Downloadable!] (restricted)
2. Mitsuhiro FUKAO, 2007. "Comment on "Are Banking Systems in East Asia Stronger?"," Asian Economic Policy Review, Japan Center for Economic Research, vol. 2(1), pages 98-99. [Downloadable!] (restricted)
3. Mitsuhiro FUKAO, 2007. "Financial Crisis and the Lost Decade," Asian Economic Policy Review, Japan Center for Economic Research, vol. 2(2), pages 273-297. [Downloadable!] (restricted)

2006

1. Fukao, Kyoji & Ma, Debin & Yuan, Tangjun, 2006. "International comparison in historical perspective: Reconstructing the 1934-1936 Benchmark purchasing power parity for Japan, Korea, and Taiwan," Explorations in Economic History, Elsevier, vol. 43(2), pages 280-308, April. [Downloadable!] (restricted)
2. Kyoji Fukao & Hyeog Ug Kwon, 2006. "Why Did Japan'S Tfp Growth Slow Down In The Lost Decade? An Empirical Analysis Based On Firm-Level Data Of Manufacturing Firms," The Japanese Economic Review, Japanese Economic Association, vol. 57(2), pages 195-228. [Downloadable!] (restricted)

2005

1. Fukao, Kyoji & Ito, Keiko & Kwon, Hyeog Ug, 2005. "Do out-in M&As bring higher TFP to Japan? An empirical analysis based on micro-data on Japanese manufacturing firms," Journal of the Japanese and International Economies, Elsevier, vol. 19(2), pages 272-301, June. [Downloadable!] (restricted)
2. Ito, Keiko & Fukao, Kyoji, 2005. "Foreign direct investment and trade in Japan: An empirical analysis based on the Establishment and Enterprise Census for 1996," Journal of the Japanese and International Economies, Elsevier, vol. 19(3), pages 414-455, September. [Downloadable!] (restricted)
3. Kyoji Fukao & Kiyohiko Nishimura & Qing-Yuan Sui & Masayo Tomiyama, 2005. "Japanese Banks’ monitoring activities and the performance of borrower firms: 1981–1996," International Economics and Economic Policy, Springer, vol. 2(4), pages 337-362, December. [Downloadable!] (restricted)
4. Mitsuhiro Fukao, 2005. "The effects of ‘Gesell’ (Currency) taxes in promoting Japan's economic recovery," International Economics and Economic Policy, Springer, vol. 2(2), pages 173-188, November. [Downloadable!] (restricted)

2004

1. Kyoji Fukao, 2004. "The Future of Japan-China Trade and the Industrial Structure of Both Countries," Japanese Economy, M.E. Sharpe, Inc., vol. 31(3), pages 77-107, July. [Downloadable!] (restricted)

2003

1. Fukao, Kyoji & Okubo, Toshihiro & Stern, Robert M., 2003. "An econometric analysis of trade diversion under NAFTA," The North American Journal of Economics and Finance, Elsevier, vol. 14(1), pages 3-24, March. [Downloadable!] (restricted)
2. Fukao, Kyoji & Ishido, Hikari & Ito, Keiko, 2003. "Vertical intra-industry trade and foreign direct investment in East Asia," Journal of the Japanese and International Economies, Elsevier, vol. 17(4), pages 468-506, December. [Downloadable!] (restricted)
3. Fukao, Kyoji & Hoshi, Takeo & Nagaoka, Sadao & Weinstein, David, 2003. "Editors' introduction," Journal of the Japanese and International Economies, Elsevier, vol. 17(4), pages 401-403, December. [Downloadable!] (restricted)

2001

1. Belderbos, Rene & Capannelli, Giovanni & Fukao, Kyoji, 2001. "Backward Vertical Linkages of Foreign Manufacturing Affiliates: Evidence from Japanese Multinationals," World Development, Elsevier, vol. 29(1), pages 189-208, January. [Downloadable!] (restricted)

1994

1. Fukao Kyoji & Hamada Koichi, 1994. "International Trade and Investment under Different Rates of Time Preference," Journal of the Japanese and International Economies, Elsevier, vol. 8(1), pages 22-52, March. [Downloadable!] (restricted)

1993

1. Fukao, Kyoji & Benabou, Roland, 1993. "History versus Expectations: A Comment," The Quarterly Journal of Economics, MIT Press, vol. 108(2), pages 535-42, May. [Downloadable!] (restricted)
2. Fukao, Kyoji & Otaki, Masayuki, 1993. "Accumulation of Human Capital and the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 73-99, February. [Downloadable!] (restricted)

1989

1. Fukao, Mitsuhiro & Okina, Kunio, 1989. "Internationalization of financial markets and balance of payments imbalances: A Japanese perspective," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 30(1), pages 167-220, January. [Downloadable!] (restricted)

1984

1. Fukao, Mitsuhiro & Okubo, Takashi, 1984. "International Linkage of Interest Rates: The Case of Japan and the United States," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 193-207, February. [Downloadable!] (restricted)

Books

2003

1. Kyoji Fukao & Takeo Hoshi & Sadao Nagaoka & David Weinstein, 2003. "New Developments in Empirical International Trade (NBER-TCER-CEPR-RIETI conference)," NBER Books, National Bureau of Economic Research, Inc, number jjie03-1.

Chapters

2006

1. Mitsuhiro Fukao, 2006. "Financial Strains and the Zero Lower Bound: The Japanese Experience," NBER Chapters, in: Monetary Policy under Very Low Inflation in the Pacific Rim, NBER-EASE, Volume 15, pages 203-232 National Bureau of Economic Research, Inc. [Downloadable!]

2005

1. Keiko Ito & Kyoji Fukao, 2005. "Physical and Human Capital Deepening and New Trade Patterns in Japan," NBER Chapters, in: International Trade in East Asia, NBER-East Asia Seminar on Economics, Volume 14, pages 7-52 National Bureau of Economic Research, Inc. [Downloadable!]

2004

1. Kyoji Fukao & Tomohiko Inui & Hiroki Kawai & Tsutomu Miyagawa, 2004. "Sectoral Productivity and Economic Growth in Japan, 1970–98: An Empirical Analysis Based on the JIP Database," NBER Chapters, in: Growth and Productivity in East Asia, NBER-East Asia Seminar on Economics, Volume 13, pages 177-228 National Bureau of Economic Research, Inc. [Downloadable!]

2003

1. Kyoji Fukao & Keiko Ito, 2003. "Foreign Direct Investment and Services Trade: The Case of Japan," NBER Chapters, in: Trade in Services in the Asia Pacific Region, NBER East Asia Seminar on Economics (EASE), Volume 11, pages 429-480 National Bureau of Economic Research, Inc. [Downloadable!]
2. Mitsuhiro Fukao, 2003. "Financial Sector Profitability and Double-Gearing," NBER Chapters, in: Structural Impediments to Growth in Japan, pages 9-36 National Bureau of Economic Research, Inc. [Downloadable!]

2001

1. Kyoji Fukao, 2001. "How Japanese Subsidiaries in Asia Responded to the Regional Crisis: An Empirical Analysis Based on the MITI Survey," NBER Chapters, in: Regional and Global Capital Flows: Macroeconomics Causes and Consequences, NBER-EASE Volume 10, pages 267-310 National Bureau of Economic Research, Inc. [Downloadable!]

2000

1. René Belderbos & Giovanni Capannelli & Kyoji Fukao, 2000. "The Local Content of Japanese Electronics Manufacturing Operations in Asia," NBER Chapters, in: The Role of Foreign Direct Investment in East Asian Economic Development, NBER-EASE Volume 9, pages 9-47 National Bureau of Economic Research, Inc. [Downloadable!]

1996

1. Mitsuhiro Fukao, 1996. "Discussion of 'Alternative Models of Financial System Development'," RBA Annual Conference Volume, in: Malcom Edey (ed.), The Future of the Financial System Reserve Bank of Australia. [Downloadable!]

This page was last updated on 2009-12-2.