Publications (Enlish Only)

    forthcoming

  1. gDifference or Ratio: Implications of Status Preference on Stagnationh, Australian Economic Papers, forthcoming, (with K. Yamada). link
  2. gMacroeconomic Interdependence between a Stagnant and a Fully Employed Countryh, Japanese Economic Review, forthcoming. link
  3. 2018

  4. gCredit Booms, Debt Overhang and Secular Stagnationh, European Economic Review, 108, September 2018, 78-104, (with G. Illing and M. Schlegl). link
  5. 2015

  6. gFiscal Policy Under Deflationary Gap and Long-run Stagnation: Reinterpretation of Keynesian Multipliersh, Economic Modelling, 51, December 2015, 596-603, (with R. Murota).link
  7. gPartial Replacement of Protective Tariffs by Production Subsidies and Welfareh, Economic Record,@91, issue 294, September 2015, 300-308, (with Y. Ogawa). link
  8. gPollution, Foreign Direct Investment, and Welfareh, Research in Economics, 69, issue 2, 2015, 238-247, (with S. Lahiri). link
  9. 2014

  10. gOn Persistent Demand Shortages: A Behavioral Approachh, Japanese Economic Review, 65, No.1, March 2014, 42-69, (with J. Ishida).link
  11. gInternational Economic Interdependence and Exchange-rate Adjustment under Persistent Stagnation,h Japanese Economic Review, 65, No.1, March 2014, 70-92.link
  12. 2012

  13. gZero Nominal Interest Rates, Unemployment, Excess Reserves and Deflation in a Liquidity Trap,h Metroeconomica, 63, No.2, May 2012, 335-357, (with R. Murota).link
  14. 2011

  15. gThe Byrd Amendment as Facilitating a Tacit International Business Collusion,h Review of International Economics, 19, No.5, November 2011, 877-893, (with Y. Ogawa). link
  16. gAn Oligopolistic Heckscher-Ohlin Model of Foreign Direct Investment,hJapanese Economic Review, 62, No.3, September 2011, 331-347, (with S. Lahiri).link
  17. gThe Keynesian mulitplier effect reconsidered,h Journal of Money, Credit and Banking, 43, Iss.4, June 2011, 797-794. link
  18. "Does Pro-population Policy Raise Per Capita Consumption?," Japanese Economic Review, 62, No. 2, June 2011, 151-169, (with K. Hashimoto). link
  19. gGrowth, Stagnation and Status Preference,h Metroeconomica, 62, No.1, February 2011, 112-149, (with R. Murota). link
  20. 2010

  21. "Time Patience and Specialization Patterns in the Presence of Asset Trade," Journal of Money, Credit and Banking, 42, No.1, February 2010, 93-112, (with A. Shibata). link
  22. 2009

  23. "Strong Yen: Evidence of economic weakness," East Asia Forum, December 14, 2009. link
  24. 2008

  25. "International Asset Trade, Capital Income Taxation, and Specialization Patterns," Journal of Public Economic Theory, 10, No.5, October 2008, 743-763, (with K. Futagami, A. Kaneko, A. Shibata). link
  26. 2007

  27. "International Transfer under Stagnation," in Theory and Practise of Foreign Aid, ed. by Sajal Lahiri, Elsevier: Amsterdam, 2007, 155-171.
  28. "Relative Emission Standard versus Tax under Oligopoly: The Role of Free Entry," Journal of Economics, 91, No.2, 2007, 107-128, (with S. Lahiri). link
  29. "Stagnation Dynamics and Japanfs Long-run Stagnation," APEC Economies Newsletter, 11, No.3, March 2007, http://www.crawford.anu.edu.au.
  30. 2006

  31. "International Asymmetry in Business Activity and Appreciation of a Stagnant Country's Currency," Japanese Economic Review, 57, No.1, March 2006, 101-120. link
  32. "Long-run Specialization," Review of International Economics, 14, No.1, February 2006, 1-15, (with A. Shibata). link
  33. 2005

  34. "Fiscal Spending, Relative-Price Dynamics, and Welfare in a World Economy," Review of International Economics, 13, No.2, May 2005, 216-236, (with A. Shibata). link
  35. 2004

  36. "Liquidity Preference and Persistent Unemployment with Dynamic Optimizing Agents: Empirical Evidence," Japanese Economic Review, 55, No.4, December 2004, 355-371, (with K. Ogawa and A. Yoshida). link
  37. 2003

  38. "Export-Oriented Foreign Direct Investment and Local Content Requirement," Pacific Economic Review, 8, no.1, February 2003, 1-14, (with S.Lahiri). link
  39. 2001

  40. "Government Spending, Interest Rates, and Capital Accumulation in a Two-Sector Model," Canadian Journal of Economics, 34, November 2001, 903-920, (with A. Shibata). link
  41. " A Reinterpretation of Chapter 17 of Keynes's General Theory: Effective Demand Shortage Under Dynamic Optimization ," International Economic Review, 42, February 2001, 207-236. link
  42. 2000

  43. "Japanfs Long-Run Stagnation and Yen Appreciation: A Theoretical,h Wirtschafts Politische Blaetter, 47, no.4, 2000, 418-424.
  44. 1999

  45. "R & D Subsidies under Asymmetric Duopoly: A Note," Japanese Economic Review, 50, no.1, March 1999, 118-125, (with S. Lahiri). link
  46. "Optimal Tariffs in the Presence of Middleman," Canadian Journal of Economics, 32, no.1, February 1999, 55-70, (with S. Lahiri). link
  47. 1998

  48. "Tax Policy on Foreign Direct Investment in the Presence of Cross Hauling," Weltwirtschaftliches Archiv (Review of World Economics ), 134, no.2, 1998, 263-279, (with S. Lahiri). link
  49. "Foreign Direct Investment, Local Contents, and Profit Taxation," Economic Journal, 108, March 1998, 444-457, (with S. Lahiri). link
  50. 1997

  51. "Asymmetric Oligopoly, International Trade, and Welfare: A Synthesis," Journal of Economics, 65, no.3, 1997, 291-310, (with S. Lahiri). link
  52. 1996

  53. "Fiscal Policy, Wealth Divergence, and Lifetime Utility," Journal of Economics, 64, no.3, 1996, 265-280, (with S. Ikeda). link
  54. 1995

  55. "The Role of Free Entry in an Oligopolistic Heckscher-Ohlin Model," International Economic Review, 36, August 1995, 609-624, (with S. Lahiri). link
  56. 1994

  57. "Industrial Policy and National Welfare in the Presence of Monopoly," Japan and the World Economy, 6, March 1994, 61-73, (with S. Lahiri). link
  58. 1992

  59. "Spill-Over Effects of Supply-Side Changes in a Two-Country Economy with Capital Accumulation," Journal of International Economics , 33, August 1992, 127-146, (with A. Shibata). link
  60. "Macroeconomic Dynamics in a Multi-Country Economy: A Dynamic Optimization Approach," International Economic Review, 33, August 1992, 629-644 (with S. Ikeda). link
  61. 1991

  62. "Orderly Marketing Arrangement in the Context of the GATT Regime," Economics and Politics, 3, July 1991, 151-162. link
  63. 1990

  64. "Foreign Penetration and National Welfare under Oligopoly," Japan and the World Economy, 2, June 1990, 141-154. link
  65. 1989

  66. "Terms of Trade and Welfare: A General Analysis," Economic Record, 65, March 1989, 27-31, (with S. Lahiri). link
  67. 1988

  68. "Helping Minor Firms Reduces Welfare," Economic Journal , 98, December 1988, 1199-1202, (with S. Lahiri). link
  69. 1984

  70. "Tariffs vs. Quotas under Duopoly of Heterogeneous Goods," Journal of International Economics, 17, November 1984, 359-373, (with M. Itoh). link
  71. "Profitability of Export Restraint," Journal of International Economics, 16, July 1984, 335-343. link
  72. 1982

  73. "Tariffs, Quotas and Market Structure," Quarterly Journal of Economics, 96, May 1982, 295-305, (with M. Itoh). link
  74. "Price Leadership: A Theoretical Analysis," Economica , 49, February 1982, 11-20. link
  75. 1978

  76. "The Equilibrium of Duopoly in a Market of Homogeneous Goods," Economica, 45, August 1978, 287-295. link
  77. 1976

  78. "The Optimal Distribution of Income on the Basis of Impersonal Preference," Economic Studies Quarterly, 27, August 1976, 118-125. link