Publications (Enlish Only)

    2020

  1. gRegional subsidies and interregional labor movement,h The Annals of Regional Science, forthcoming, October 2020, (with D. Matsuzaki).
  2. gA Simple Aggregate Demand Analysis with Dynamic Optimization in a Small Open Economyh, Economic Modelling, 91, September 2020, 89-99, (with K. Hashimoto).
  3. 2019

  4. gJapanese Economy: Two Lost Decades and How Many More?h, Intereconomics/ Review of European Economic Policy, 54 (5), September/October 2019, 291-296.
  5. gConsumption Function and Keynesian Cross under Dynamic Optimizationh, Review of Keynesian Studies, 1, 2019, 135|156, (with K. Hashimoto).
  6. 2018N

  7. gMacroeconomic Interdependence between a Stagnant and a Fully Employed Countryh, Japanese Economic Review, 69, December 2018, 450-477. link
  8. gDifference or Ratio: Implications of Status Preference on Stagnationh, Australian Economic Papers, 57, September 2018, 346-362, (with K. Yamada). link
  9. gCredit Booms, Debt Overhang and Secular Stagnationh, European Economic Review, 108, September 2018, 78-104, (with G. Illing and M. Schlegl). link
  10. 2015

  11. gFiscal Policy Under Deflationary Gap and Long-run Stagnation: Reinterpretation of Keynesian Multipliersh, Economic Modelling, 51, December 2015, 596-603, (with R. Murota).link
  12. gPartial Replacement of Protective Tariffs by Production Subsidies and Welfareh, Economic Record,@91, issue 294, September 2015, 300-308, (with Y. Ogawa). link
  13. gPollution, Foreign Direct Investment, and Welfareh, Research in Economics, 69, issue 2, 2015, 238-247, (with S. Lahiri). link
  14. 2014

  15. gOn Persistent Demand Shortages: A Behavioral Approachh, Japanese Economic Review, 65, No.1, March 2014, 42-69, (with J. Ishida).link
  16. gInternational Economic Interdependence and Exchange-rate Adjustment under Persistent Stagnation,h Japanese Economic Review, 65, No.1, March 2014, 70-92.link
  17. 2012

  18. 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
  19. 2011

  20. 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
  21. gAn Oligopolistic Heckscher-Ohlin Model of Foreign Direct Investment,hJapanese Economic Review, 62, No.3, September 2011, 331-347, (with S. Lahiri).link
  22. gThe Keynesian mulitplier effect reconsidered,h Journal of Money, Credit and Banking, 43, Iss.4, June 2011, 797-794. link
  23. "Does Pro-population Policy Raise Per Capita Consumption?," Japanese Economic Review, 62, No. 2, June 2011, 151-169, (with K. Hashimoto). link
  24. gGrowth, Stagnation and Status Preference,h Metroeconomica, 62, No.1, February 2011, 112-149, (with R. Murota). link
  25. 2010

  26. "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
  27. 2009

  28. "Strong Yen: Evidence of economic weakness," East Asia Forum, December 14, 2009. link
  29. 2008

  30. "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
  31. 2007

  32. "International Transfer under Stagnation," in Theory and Practise of Foreign Aid, ed. by Sajal Lahiri, Elsevier: Amsterdam, 2007, 155-171.
  33. "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
  34. "Stagnation Dynamics and Japanfs Long-run Stagnation," APEC Economies Newsletter, 11, No.3, March 2007, http://www.crawford.anu.edu.au.
  35. 2006

  36. "International Asymmetry in Business Activity and Appreciation of a Stagnant Country's Currency," Japanese Economic Review, 57, No.1, March 2006, 101-120. link
  37. "Long-run Specialization," Review of International Economics, 14, No.1, February 2006, 1-15, (with A. Shibata). link
  38. 2005

  39. "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
  40. 2004

  41. "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
  42. 2003

  43. "Export-Oriented Foreign Direct Investment and Local Content Requirement," Pacific Economic Review, 8, no.1, February 2003, 1-14, (with S.Lahiri). link
  44. 2001

  45. "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
  46. " 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
  47. 2000

  48. "Japanfs Long-Run Stagnation and Yen Appreciation: A Theoretical,h Wirtschafts Politische Blaetter, 47, no.4, 2000, 418-424.
  49. 1999

  50. "R & D Subsidies under Asymmetric Duopoly: A Note," Japanese Economic Review, 50, no.1, March 1999, 118-125, (with S. Lahiri). link
  51. "Optimal Tariffs in the Presence of Middleman," Canadian Journal of Economics, 32, no.1, February 1999, 55-70, (with S. Lahiri). link
  52. 1998

  53. "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
  54. "Foreign Direct Investment, Local Contents, and Profit Taxation," Economic Journal, 108, March 1998, 444-457, (with S. Lahiri). link
  55. 1997

  56. "Asymmetric Oligopoly, International Trade, and Welfare: A Synthesis," Journal of Economics, 65, no.3, 1997, 291-310, (with S. Lahiri). link
  57. 1996

  58. "Fiscal Policy, Wealth Divergence, and Lifetime Utility," Journal of Economics, 64, no.3, 1996, 265-280, (with S. Ikeda). link
  59. 1995

  60. "The Role of Free Entry in an Oligopolistic Heckscher-Ohlin Model," International Economic Review, 36, August 1995, 609-624, (with S. Lahiri). link
  61. 1994

  62. "Industrial Policy and National Welfare in the Presence of Monopoly," Japan and the World Economy, 6, March 1994, 61-73, (with S. Lahiri). link
  63. 1992

  64. "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
  65. "Macroeconomic Dynamics in a Multi-Country Economy: A Dynamic Optimization Approach," International Economic Review, 33, August 1992, 629-644 (with S. Ikeda). link
  66. 1991

  67. "Orderly Marketing Arrangement in the Context of the GATT Regime," Economics and Politics, 3, July 1991, 151-162. link
  68. 1990

  69. "Foreign Penetration and National Welfare under Oligopoly," Japan and the World Economy, 2, June 1990, 141-154. link
  70. 1989

  71. "Terms of Trade and Welfare: A General Analysis," Economic Record, 65, March 1989, 27-31, (with S. Lahiri). link
  72. 1988

  73. "Helping Minor Firms Reduces Welfare," Economic Journal , 98, December 1988, 1199-1202, (with S. Lahiri). link
  74. 1984

  75. "Tariffs vs. Quotas under Duopoly of Heterogeneous Goods," Journal of International Economics, 17, November 1984, 359-373, (with M. Itoh). link
  76. "Profitability of Export Restraint," Journal of International Economics, 16, July 1984, 335-343. link
  77. 1982

  78. "Tariffs, Quotas and Market Structure," Quarterly Journal of Economics, 96, May 1982, 295-305, (with M. Itoh). link
  79. "Price Leadership: A Theoretical Analysis," Economica , 49, February 1982, 11-20. link
  80. 1978

  81. "The Equilibrium of Duopoly in a Market of Homogeneous Goods," Economica, 45, August 1978, 287-295. link
  82. 1976

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