Publications (Enlish Only)

    forthcoming

  1. gMacroeconomic Interdependence between a Stagnant and a Fully Employed Countryh, Japanese Economic Review, forthcoming.
  2. 2015

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

  7. gOn Persistent Demand Shortages: A Behavioral Approachh, Japanese Economic Review, 65, No.1, March 2014, 42-69, (with J. Ishida).link
  8. gInternational Economic Interdependence and Exchange-rate Adjustment under Persistent Stagnation,h Japanese Economic Review, 65, No.1, March 2014, 70-92.link
  9. 2012

  10. 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
  11. 2011

  12. 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
  13. gAn Oligopolistic Heckscher-Ohlin Model of Foreign Direct Investment,hJapanese Economic Review, 62, No.3, September 2011, 331-347, (with S. Lahiri).link
  14. gThe Keynesian mulitplier effect reconsidered,h Journal of Money, Credit and Banking, 43, Iss.4, June 2011, 797-794. link
  15. "Does Pro-population Policy Raise Per Capita Consumption?," Japanese Economic Review, 62, No. 2, June 2011, 151-169, (with K. Hashimoto). link
  16. gGrowth, Stagnation and Status Preference,h Metroeconomica, 62, No.1, February 2011, 112-149, (with R. Murota). link
  17. 2010

  18. "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
  19. 2009

  20. "Strong Yen: Evidence of economic weakness," East Asia Forum, December 14, 2009. link
  21. 2008

  22. "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
  23. 2007

  24. "International Transfer under Stagnation," in Theory and Practise of Foreign Aid, ed. by Sajal Lahiri, Elsevier: Amsterdam, 2007, 155-171.
  25. "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
  26. "Stagnation Dynamics and Japanfs Long-run Stagnation," APEC Economies Newsletter, 11, No.3, March 2007, http://www.crawford.anu.edu.au.
  27. 2006

  28. "International Asymmetry in Business Activity and Appreciation of a Stagnant Country's Currency," Japanese Economic Review, 57, No.1, March 2006, 101-120. link
  29. "Long-run Specialization," Review of International Economics, 14, No.1, February 2006, 1-15, (with A. Shibata). link
  30. 2005

  31. "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
  32. 2004

  33. "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
  34. 2003

  35. "Export-Oriented Foreign Direct Investment and Local Content Requirement," Pacific Economic Review, 8, no.1, February 2003, 1-14, (with S.Lahiri). link
  36. 2001

  37. "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
  38. " 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
  39. 2000

  40. "Japanfs Long-Run Stagnation and Yen Appreciation: A Theoretical,h Wirtschafts Politische Blaetter, 47, no.4, 2000, 418-424.
  41. 1999

  42. "R & D Subsidies under Asymmetric Duopoly: A Note," Japanese Economic Review, 50, no.1, March 1999, 118-125, (with S. Lahiri). link
  43. "Optimal Tariffs in the Presence of Middleman," Canadian Journal of Economics, 32, no.1, February 1999, 55-70, (with S. Lahiri). link
  44. 1998

  45. "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
  46. "Foreign Direct Investment, Local Contents, and Profit Taxation," Economic Journal, 108, March 1998, 444-457, (with S. Lahiri). link
  47. 1997

  48. "Asymmetric Oligopoly, International Trade, and Welfare: A Synthesis," Journal of Economics, 65, no.3, 1997, 291-310, (with S. Lahiri). link
  49. 1996

  50. "Fiscal Policy, Wealth Divergence, and Lifetime Utility," Journal of Economics, 64, no.3, 1996, 265-280, (with S. Ikeda). link
  51. 1995

  52. "The Role of Free Entry in an Oligopolistic Heckscher-Ohlin Model," International Economic Review, 36, August 1995, 609-624, (with S. Lahiri). link
  53. 1994

  54. "Industrial Policy and National Welfare in the Presence of Monopoly," Japan and the World Economy, 6, March 1994, 61-73, (with S. Lahiri). link
  55. 1992

  56. "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
  57. "Macroeconomic Dynamics in a Multi-Country Economy: A Dynamic Optimization Approach," International Economic Review, 33, August 1992, 629-644 (with S. Ikeda). link
  58. 1991

  59. "Orderly Marketing Arrangement in the Context of the GATT Regime," Economics and Politics, 3, July 1991, 151-162. link
  60. 1990

  61. "Foreign Penetration and National Welfare under Oligopoly," Japan and the World Economy, 2, June 1990, 141-154. link
  62. 1989

  63. "Terms of Trade and Welfare: A General Analysis," Economic Record, 65, March 1989, 27-31, (with S. Lahiri). link
  64. 1988

  65. "Helping Minor Firms Reduces Welfare," Economic Journal , 98, December 1988, 1199-1202, (with S. Lahiri). link
  66. 1984

  67. "Tariffs vs. Quotas under Duopoly of Heterogeneous Goods," Journal of International Economics, 17, November 1984, 359-373, (with M. Itoh). link
  68. "Profitability of Export Restraint," Journal of International Economics, 16, July 1984, 335-343. link
  69. 1982

  70. "Tariffs, Quotas and Market Structure," Quarterly Journal of Economics, 96, May 1982, 295-305, (with M. Itoh). link
  71. "Price Leadership: A Theoretical Analysis," Economica , 49, February 1982, 11-20. link
  72. 1978

  73. "The Equilibrium of Duopoly in a Market of Homogeneous Goods," Economica, 45, August 1978, 287-295. link
  74. 1976

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