Publications (Enlish Only)

    2020

  1. “Regional subsidies and interregional labor movement,” The Annals of Regional Science, forthcoming, October 2020, (with D. Matsuzaki).
  2. “A Simple Aggregate Demand Analysis with Dynamic Optimization in a Small Open Economy”, Economic Modelling, 91, September 2020, 89-99, (with K. Hashimoto).

    3. 2019

  3. “Japanese Economy: Two Lost Decades and How Many More?”, Intereconomics/ Review of European Economic Policy, 54 (5), September/October 2019, 291-296.
  4. “Consumption Function and Keynesian Cross under Dynamic Optimization”, Review of Keynesian Studies, 1, 2019, 135－156, (with K. Hashimoto).

    5. 2018年

  5. “Macroeconomic Interdependence between a Stagnant and a Fully Employed Country”, Japanese Economic Review, 69, December 2018, 450-477. link
  6. “Difference or Ratio: Implications of Status Preference on Stagnation”, Australian Economic Papers, 57, September 2018, 346-362, (with K. Yamada). link
  7. “Credit Booms, Debt Overhang and Secular Stagnation”, European Economic Review, 108, September 2018, 78-104, (with G. Illing and M. Schlegl). link

    8. 2015

  8. “Fiscal Policy Under Deflationary Gap and Long-run Stagnation: Reinterpretation of Keynesian Multipliers”, Economic Modelling, 51, December 2015, 596-603, (with R. Murota).link
  9. “Partial Replacement of Protective Tariffs by Production Subsidies and Welfare”, Economic Record,　91, issue 294, September 2015, 300-308, (with Y. Ogawa). link
  10. “Pollution, Foreign Direct Investment, and Welfare”, Research in Economics, 69, issue 2, 2015, 238-247, (with S. Lahiri). link

    11. 2014

  11. “On Persistent Demand Shortages: A Behavioral Approach”, Japanese Economic Review, 65, No.1, March 2014, 42-69, (with J. Ishida).link
  12. “International Economic Interdependence and Exchange-rate Adjustment under Persistent Stagnation,” Japanese Economic Review, 65, No.1, March 2014, 70-92.link

    13. 2012

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

    14. 2011

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

    19. 2010

  19. "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

    20. 2009

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

    21. 2008

  21. "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

    22. 2007

  22. "International Transfer under Stagnation," in Theory and Practise of Foreign Aid, ed. by Sajal Lahiri, Elsevier: Amsterdam, 2007, 155-171.
  23. "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
  24. "Stagnation Dynamics and Japan’s Long-run Stagnation," APEC Economies Newsletter, 11, No.3, March 2007, http://www.crawford.anu.edu.au.

    25. 2006

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

    27. 2005

  27. "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

    28. 2004

  28. "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

    29. 2003

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

    30. 2001

  30. "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
  31. " 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

    32. 2000

  32. "Japan’s Long-Run Stagnation and Yen Appreciation: A Theoretical,” Wirtschafts Politische Blaetter, 47, no.4, 2000, 418-424.

    33. 1999

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

    35. 1998

  35. "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
  36. "Foreign Direct Investment, Local Contents, and Profit Taxation," Economic Journal, 108, March 1998, 444-457, (with S. Lahiri). link

    37. 1997

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

    38. 1996

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

    39. 1995

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

    40. 1994

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

    41. 1992

  41. "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
  42. "Macroeconomic Dynamics in a Multi-Country Economy: A Dynamic Optimization Approach," International Economic Review, 33, August 1992, 629-644 (with S. Ikeda). link

    43. 1991

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

    44. 1990

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

    45. 1989

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

    46. 1988

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

    47. 1984

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

    49. 1982

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

    51. 1978

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

    52. 1976

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