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We hope that this will stimulate further discussion on matters of policy and policy research.Discussion papers may include Japanese fonts. If you have trouble viewing the PDF file, please install "Asian font Packs for Adobe Reader" that is freely downloadable at Adobe website. March 2015 15-E-038 Assessing Asian Equilibrium Exchange Rates as Policy Instruments MASUJIMA Yuki  (Japan Center for Economic Research) Download paper [PDF:952KB] March 2015 15-E-037 Effects of a Quantitative Easing Monetary Policy Exit Strategy on East Asian Currencies OGAWA Eiji  (Faculty Fellow, RIETI) /WANG Zhiqian  (Hitotsubashi University) Download paper [PDF:3.0MB] March 2015 15-E-036 Industry-specific Real Effective Exchange Rates in Asia SATO Kiyotaka (Yokohama National University) / SHIMIZU Junko (Gakushuin University) / Nagendra SHRESTHA (Yokohama National University) / Shajuan ZHANG (Yokohama National University) Download paper [PDF:757KB] March 2015 15-E-035 The Long-Run Socio-Economic Consequences of a Large Disaster: The 1995 earthquake in Kobe William DUPONT IV  (Colby College) /Ilan NOY  (Victoria University of Wellington) /OKUYAMA Yoko  (Yale University) /SAWADA Yasuyuki  (Faculty Fellow, RIETI) Download paper [PDF:552KB] Appendix [PDF:863KB] March 2015 15-E-034 The Strength of Long Ties and the Weakness of Strong Ties: Knowledge diffusion through supply chain networks TODO Yasuyuki (Faculty Fellow, RIETI) / Petr MATOUS (University of Tokyo) / INOUE Hiroyasu (Osaka Sangyo University) Download paper [PDF:318KB] March 2015 15-E-033 Uncertainty Avoiding Behavior and Cross-border Acquisitions Marc BREMER  (Nanzan University) /HOSHI Akio  (Gakushuin University) /INOUE Kotaro  (Tokyo Institute of Technology) /SUZUKI Kazunori  (Waseda University) Download paper [PDF:412KB] March 2015 15-E-032 Impact of Extensive and Intensive Margins of FDI on Corporate Domestic Performance: Evidence from Japanese automobile parts suppliers MATSUURA Toshiyuki  (Keio Economic Observatory, Keio University) Download paper [PDF:359KB] March 2015 15-E-031 Hysteresis in Japanese Export Market: A Dynamic Random-Effect Probit Approach to Panel Data of Japanese Machinery-manufacturing Firms OGAWA Kazuo (Kansai Gaidai University) / TOKUTSU Ichiro (Kobe University) Download paper [PDF:1.1MB] March 2015 15-E-030 Service Trade and Productivity: Firm-level evidence from Japan MORIKAWA Masayuki  (Vice Chairman & Vice President) Download paper [PDF:460KB] March 2015 15-E-029 Impact of Exchange Rate Shocks on Japanese Exports: Quantitative assessment using a structural VAR model IWAISAKO Tokuo (Hitotsubashi University) / NAKATA Hayato (Meisei University) Download paper [PDF:447KB] March 2015 15-E-028 Oil Price, Exchange Rate Shock, and the Japanese Economy IWAISAKO Tokuo  (Hitotsubashi University) /NAKATA Hayato  (Meisei University) Download paper [PDF:1.3MB] March 2015 15-E-027 University Prestige, Performance Evaluation, and Promotion: Estimating the employer learning model using personnel datasets ARAKI Shota (Fellow, RIETI) / KAWAGUCHI Daiji (Faculty Fellow, RIETI) / ONOZUKA Yuki (Hitotsubashi University / University of Western Ontario) Download paper [PDF:495KB] March 2015 15-E-026 Deflation/Inflation Dynamics: Analysis based on micro prices YOSHIKAWA Hiroshi  (Faculty Fellow, RIETI) /AOYAMA Hideaki  (Faculty Fellow, RIETI) /IYETOMI Hiroshi  (University of Tokyo) /FUJIWARA Yoshi  (University of Hyogo) Download paper [PDF:6.9MB] March 2015 15-E-025 Aid for Trade and Global Growth NAITO Takumi (Waseda University) Download paper [PDF:327KB] February 2015 15-E-024 Automobile Exports: Export price and retail price YOSHIDA Yushi (Shiga University) / SASAKI Yuri (Meiji Gakuin University) Download paper [PDF:943KB] February 2015 15-E-023 Country Size, Technology, and Ricardian Comparative Advantage ARA Tomohiro (Fukushima University) Download paper [PDF:803KB] February 2015 15-E-022 Aging, Interregional Income Inequality, and Industrial Structure: An empirical analysis based on the R-JIP Database and the R-LTES Database FUKAO Kyoji  (Faculty Fellow, RIETI) /MAKINO Tatsuji  (Hitotsubashi University) Download paper [PDF:940KB] February 2015 15-E-021 Impacts of the World Trade Organization on Chinese Exports WAKASUGI Ryuhei (Faculty Fellow, RIETI) / ZHANG Hongyong (Fellow, RIETI) Download paper [PDF:501KB] February 2015 15-E-020 Abenomics, Yen Depreciation, Trade Deficit, and Export Competitiveness SHIMIZU Junko  (Gakushuin University) /SATO Kiyotaka  (Yokohama National University) Download paper [PDF:945KB] Non Technical Summary February 2015 15-E-019 Diversification, Organization, and Value of the Firm USHIJIMA Tatsuo (Aoyama Gakuin University) Download paper [PDF:474KB] February 2015 15-E-018 The Quality of Distance: Quality sorting, Alchian-Allen effect, and geography TAKECHI Kazutaka (Hosei University) Download paper [PDF:1.4MB] February 2015 15-E-017 The Price of Distance: Pricing to market, producer heterogeneity, and geographic barriers KANO Kazuko  (Musashino University) /KANO Takashi  (Hitotsubashi University) /TAKECHI Kazutaka  (Hosei University) Download paper [PDF:1.7MB] February 2015 15-E-016 Enjoying the Fruits of their Labor: Redirecting exports to Asian consumers THORBECKE, Willem  (Senior Fellow, RIETI) Download paper [PDF:278KB] Non Technical Summary February 2015 15-E-015 Sequential Markets, Market Power and Arbitrage ITO Koichiro (Fellow, RIETI) / Mar REGUANT (Stanford GSB / NBER) Download paper [PDF:892KB] February 2015 15-E-014 The Persistence of Moral Suasion and Economic Incentives: Field experimental evidence from energy demand ITO Koichiro (Fellow, RIETI) /IDA Takanori (Kyoto University) /TANAKA Makoto (GRIPS) Download paper [PDF:858KB] February 2015 15-E-013 Fiscal Cost of Demographic Transition in Japan KITAO Sagiri  (Visiting Fellow, RIETI) Download paper [PDF:374KB] January 2015 15-E-012 Trade in Services and Japan's Bilateral FTAs: Empirics on their impacts ISHIDO Hikari  (Chiba University) Download paper [PDF:570KB] January 2015 15-E-011 Misallocation and Establishment Dynamics HOSONO Kaoru  (Gakushuin University) /TAKIZAWA Miho  (Toyo University) Download paper [PDF:442KB] January 2015 15-E-010 Globalization and Domestic Operations: Applying the JC/JD method to Japanese manufacturing firms ANDO Mitsuyo  (Keio University) /KIMURA Fukunari  (Keio University / ERIA) Download paper [PDF:1.9MB] January 2015 15-E-009 The Impact of Foreign Firms on Industrial Productivity: A Bayesian-model averaging approach TANAKA Kiyoyasu  (Institute of Developing Economies, JETRO) Download paper [PDF:427KB] January 2015 15-E-008 Natural Disasters, Industrial Clusters and Manufacturing Plant Survival Matthew A. COLE  (University of Birmingham) /Robert J R ELLIOTT  (University of Birmingham) /OKUBO Toshihiro  (Keio University) /Eric STROBL  (Ecole Polytechnique) Download paper [PDF:585KB] January 2015 15-E-007 The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information WAKI Yuichiro  (University of Queensland) /Richard DENNIS  (University of Glasgow) /FUJIWARA Ippei  (Faculty Fellow, RIETI) Download paper [PDF:642KB] January 2015 15-E-006 Constructing China's Net Capital and Measuring Capital Services in China, 1980-2010 Harry X. WU  (Hitotsubashi University) Download paper [PDF:608KB] January 2015 15-E-005 Constructing Annual Employment and Compensation Matrices and Measuring Labor Input in China Harry X. WU  (Hitotsubashi University) /Ximing YUE  (Renmin University of China) /George G. ZHANG  (University of Wisconsin, Madison) Download paper [PDF:662KB] January 2015 15-E-004 Reconstructing China's Supply-Use and Input-Output Tables in Time Series Harry X. WU  (Hitotsubashi University) /ITO Keiko  (Senshu University) Download paper [PDF:459KB] January 2015 15-E-003 Trade Policy Preferences and Cross-Regional Differences: Evidence from individual-level data of Japan ITO Banri (Harvard University / Senshu University) / MUKUNOKI Hiroshi (Gakushuin University) / TOMIURA Eiichi (Faculty Fellow, RIETI) / WAKASUGI Ryuhei (Faculty Fellow, RIETI) Download paper [PDF:527KB] January 2015 15-E-002 The Impact of Globalization on Establishment-Level Employment Dynamics in Japan KODAMA Naomi  (Consulting Fellow, RIETI) /INUI Tomohiko  (Faculty Fellow, RIETI) Download paper [PDF:768KB] January 2015 15-E-001 Does the Three Good Things Exercise Really Make People More Positive and Less Depressed? A study in Japan SEKIZAWA Yoichi  (Senior Fellow, RIETI) /YOSHITAKE Naomi  (Ochanomizu University) Download paper [PDF:390KB] December 2014 14-E-069 Nuclear Power Plants Shutdown and Alternative Power Plants Installation: A nine-region spatial equilibrium analysis of the electric power market in Japan HOSOE Nobuhiro  (National Graduate Institute for Policy Studies (GRIPS)) Download paper [PDF:729KB] November 2014 14-E-068 Industrial Agglomeration and Dispersion in China: Spatial reformation of the "workshop of the world" ITO Asei  (University of Tokyo) Download paper [PDF:590KB] November 2014 14-E-067 Reciprocal Versus Unilateral Trade Liberalization: Comparing individual characteristics of supporters TOMIURA Eiichi  (Faculty Fellow, RIETI) /ITO Banri  (Harvard University / Senshu University) /MUKUNOKI Hiroshi  (Gakushuin University) /WAKASUGI Ryuhei  (Faculty Fellow, RIETI) Download paper [PDF:319KB] November 2014 14-E-066 Supply Chain Internationalization in East Asia: Inclusiveness and risks FUJITA Masahisa  (President, RIETI) /HAMAGUCHI Nobuaki  (Faculty Fellow, RIETI) Download paper [PDF:565KB] November 2014 14-E-065 Trade Liberalization and Aftermarket Services for Imports ISHIKAWA Jota (Faculty Fellow, RIETI) / MORITA Hodaka (University of New South Wales) / MUKUNOKI Hiroshi (Gakushuin University) Download paper [PDF:463KB] October 2014 14-E-064 Lender Banks' Provision of Overseas Market Information: Evidence from Japanese small and medium-sized enterprises' export dynamics INUI Tomohiko  (Faculty Fellow, RIETI) /ITO Keiko  (Senshu University) /MIYAKAWA Daisuke  (Nihon University) Download paper [PDF:393KB] October 2014 14-E-063 Does the Policy Lending of the Government Financial Institution Substitute for the Private Lending during the Period of the Credit Crunch? Evidence from loan level data in Japan SEKINO Masahiro  (ISI Software Co., Ltd) /WATANABE Wako  (Keio University) Download paper [PDF:479KB] October 2014 14-E-062 Endogenous Labor Supply and International Trade AGO Takanori (Senshu University) / MORITA Tadashi (Kindai University) / TABUCHI Takatoshi (Faculty Fellow, RIETI) / YAMAMOTO Kazuhiro (Osaka University) Download paper [PDF:475KB] October 2014 14-E-061 Decomposition of Gender or Racial Inequality with Endogenous Intervening Covariates: An extension of the DiNardo-Fortin-Lemieux method YAMAGUCHI Kazuo  (Visiting Fellow, RIETI) Download paper [PDF:549KB] October 2014 14-E-060 A Comparison of the Wage Structure between the Public and Private Sectors in Japan MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI) Download paper [PDF:418KB] October 2014 14-E-059 Roles of Wholesalers in Transaction Networks OKUBO Toshihiro  (Keio University) /ONO Yukako  (Keio University) /SAITO Yukiko  (Senior Fellow, RIETI) Download paper [PDF:2.7MB] October 2014 14-E-058 Intangible Investments and their Consequences: New evidence from unlisted Japanese companies HARADA Nobuyuki  (University of Tsukuba) Download paper [PDF:180KB] September 2014 14-E-057 The Economics of Attribute-Based Regulation: Theory and evidence from fuel-economy standards ITO Koichiro (Fellow, RIETI) / James M. SALLEE (University of Chicago) Download paper [PDF:1.7MB] September 2014 14-E-056 What Types of Science and Technology Policies Stimulate Innovation? Evidence from Chinese firm-level data ITO Asei  (University of Tokyo) /Zhuoran LI  (University of Tokyo) /Min WANG  (University of Electronic Science and Technology of China) Download paper [PDF:705KB] August 2014 14-E-055 Natural Disaster and Natural Selection UCHIDA Hirofumi  (Kobe University) /MIYAKAWA Daisuke  (Nihon University) /HOSONO Kaoru (Gakushuin University)/ONO Arito (Mizuho Research Institute)/UCHINO Taisuke  (Research Associate, RIETI) /UESUGI Iichiro  (Faculty Fellow, RIETI) Download paper [PDF:471KB] August 2014 14-E-054 Transaction Partners and Firm Relocation Choice: Evidence from the Tohoku Earthquake ONO Arito  (Mizuho Research Institute) /MIYAKAWA Daisuke  (Nihon University) /HOSONO Kaoru (Gakushuin University)/UCHIDA Hirofumi (Kobe University)/UCHINO Taisuke  (Research Associate, RIETI) /UESUGI Iichiro  (Faculty Fellow, RIETI) Download paper [PDF:758KB] August 2014 14-E-053 Localization of Knowledge-creating Establishments INOUE Hiroyasu (Osaka Sangyo University) / NAKAJIMA Kentaro (Tohoku University) / SAITO Yukiko (Senior Fellow, RIETI) Download paper [PDF:1.0MB] August 2014 14-E-052 Competitive Search with Moving Costs KAWATA Keisuke (Hiroshima University) / NAKAJIMA Kentaro (Tohoku University) / SATO Yasuhiro (Osaka University) Download paper [PDF:524KB] August 2014 14-E-051 Disemployment Caused by Foreign Direct Investment? Multinationals and Japanese employment KIYOTA Kozo  (Faculty Fellow, RIETI) /KAMBAYASHI Ryo  (Hitotsubashi University) Download paper [PDF:328KB] August 2014 14-E-050 How Does the Market Value Organizational Management Practices of Japanese Firms? Using interview survey data KAWAKAMI Atsushi  (Teikyo University) /ASABA Shigeru  (Waseda University) Download paper [PDF:324KB] August 2014 14-E-049 Measuring the Competitiveness of China's Processed Exports THORBECKE, Willem (Senior Fellow, RIETI) Download paper [PDF:434KB] Non Technical Summary August 2014 14-E-048 Is Productivity Growth Correlated with Improvements in Management Quality? An empirical study using interview surveys in Korea and Japan MIYAGAWA Tsutomu  (Faculty Fellow, RIETI) /Keun LEE  (Seoul National University) /EDAMURA Kazuma  (National Institute of Science and Technology Policy) /YoungGak KIM  (Senshu University) /Hosung JUNG  (Samsung Economic Research Institute) Download paper [PDF:900KB] August 2014 14-E-047 Japan's Exorbitant Privilege Kenneth S. ROGOFF (Harvard University) / TASHIRO Takeshi (Consulting Fellow, RIETI) Download paper [PDF:1.3MB] Update (June 2015) [PDF:169KB] Non Technical Summary August 2014 14-E-046 The Impact of a Demand Shock on the Employment of Temporary Agency Workers: Evidence from Japan during the global financial crisis HOSONO Kaoru  (Gakushuin University) /TAKIZAWA Miho  (Toyo University) /TSURU Kotaro  (Faculty Fellow, RIETI) Download paper [PDF:225KB] July 2014 14-E-045 Economic Geography, Endogenous Fertility, and Agglomeration MORITA Tadashi  (Kindai University) /YAMAMOTO Kazuhiro  (Osaka University) Download paper [PDF:364KB] July 2014 14-E-044 Public Debt Overhang in the Heterogeneous Agent Model KOBAYASHI Keiichiro  (Faculty Fellow, RIETI) Download paper [PDF:269KB] July 2014 14-E-043 There is No Natural Debt Limit with Consumption Tax KOBAYASHI Keiichiro  (Faculty Fellow, RIETI) Download paper [PDF:159KB] July 2014 14-E-042 Information Asymmetry in SME Credit Guarantee Schemes: Evidence from Japan SAITO Kuniyoshi (Meiji Gakuin University) / TSURUTA Daisuke (Nihon University) Download paper [PDF:586KB] July 2014 14-E-041 How the Movement of Natural Persons Agreement Could Fuel FTAs KOMORIYA Yoshimasa  (Chuo University) Download paper [PDF:213KB] July 2014 14-E-040 Governing Board Interlocks and Probability of an IPO MATSUDA Naoko (Fellow, RIETI) / MATSUO Yutaka (University of Tokyo) Download paper [PDF:594KB] July 2014 14-E-039 China-U.S. Trade: A global outlier THORBECKE, Willem  (Senior Fellow, RIETI) Download paper [PDF:334KB] Non Technical Summary July 2014 14-E-038 Representative Agent in a Form of Probability Distribution INOSE Junya  (University of Tokyo) Download paper [PDF:549KB] July 2014 14-E-037 Does Export Yield Productivity and Markup Premiums? Evidence from the Japanese manufacturing industry KATO Atsuyuki (Research Associate, RIETI) Download paper [PDF:455KB] July 2014 14-E-036 Are Large Headquarters Unproductive? Evidence from a panel of Japanese companies MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI) Download paper [PDF:336KB] June 2014 14-E-035 Supply Chain Disruptions: Evidence from the Great East Japan Earthquake Vasco M. CARVALHO (University of Cambridge, CREi, and Barcelona GES) / NIREI Makoto (Hitotsubashi University) / SAITO Yukiko (Senior Fellow, RIETI) Download paper [PDF:672KB] June 2014 14-E-034 Geography and Firm Performance in the Japanese Production Network Andrew B. BERNARD (Tuck School of Business at Dartmouth, CEPR & NBER) /Andreas MOXNES (Dartmouth College, CEPR & NBER) /SAITO Yukiko (Senior Fellow, RIETI) Download paper [PDF:2.5MB] June 2014 14-E-033 Firm Growth and Laplace Distribution: The importance of large jumps ARATA Yoshiyuki (Fellow, RIETI) Download paper [PDF:950KB] June 2014 14-E-032 What Types of Company Have Female and Foreign Directors? MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI) Download paper [PDF:283KB] June 2014 14-E-031 Export Sophistication and Exchange Rate Elasticities: The Case of Switzerland THORBECKE, Willem  (Senior Fellow, RIETI) /KATO Atsuyuki  (Research Associate, RIETI) Download paper [PDF:373KB] Non Technical Summary June 2014 14-E-030 Innovation in the Service Sector and the Role of Patents and Trade Secrets MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI) Download paper [PDF:250KB] June 2014 14-E-029 Natural Disasters, Land Price, and Location of Firms: Evidence from Thailand SAWADA Yasuyuki  (Faculty Fellow, RIETI) /NAKATA Hiroyuki  (Fellow, RIETI) /SEKIGUCHI Kunio  (Consulting Fellow, RIETI) Download paper [PDF:18.6MB] June 2014 14-E-028 Disasters and Risk Perception: Evidence from Thailand Floods NAKATA Hiroyuki  (Fellow, RIETI) /SAWADA Yasuyuki  (Faculty Fellow, RIETI) /SEKIGUCHI Kunio  (Consulting Fellow, RIETI) Download paper [PDF:262KB] May 2014 14-E-027 Impact of Supply Chain Network Structure on FDI: Theory and evidence ITOH Ryo  (Nagoya City University) /NAKAJIMA Kentaro  (Tohoku University) Download paper [PDF:1.5MB] May 2014 14-E-026 Business Cycles, Monetary Policy, and Bank Lending: Identifying the bank balance sheet channel with firm-bank match-level loan data HOSONO Kaoru  (Gakushuin University) /MIYAKAWA Daisuke  (Nihon University) Download paper [PDF:524KB] May 2014 14-E-025 Does Initial Job Status Affect Midlife Outcomes and Mental Health? Evidence from a survey in Japan OSHIO Takashi  (Hitotsubashi University) /INAGAKI Seiichi  (Tokyo Institute of Technology) Download paper [PDF:344KB] May 2014 14-E-024 The Hidden Curriculum and Social Preferences ITO Takahiro  (Kobe University) /KUBOTA Kohei  (Yamagata University) /OHTAKE Fumio  (Osaka University) Download paper [PDF:582KB] May 2014 14-E-023 The Effects of Personality Traits and Behavioral Characteristics on Schooling, Earnings, and Career Promotion LEE SunYoun  (Meiji Gakuin University) /OHTAKE Fumio  (Osaka University) Download paper [PDF:793KB] May 2014 14-E-022 How Does Agglomeration Promote the Product Innovation of Chinese Firms? ZHANG Hongyong  (Fellow, RIETI) Download paper [PDF:432KB] May 2014 14-E-021 Innovation and Public Research Institutes: Cases of AIST, RIKEN, and JAXA SUZUKI Jun  (National Graduate Institute for Policy Studies (GRIPS)) /TSUKADA Naotoshi  (Research Associate, RIETI) /GOTO Akira  (Faculty Fellow, RIETI) Download paper [PDF:692KB] April 2014 14-E-020 The Effects of Endogenous Interdependencies on Trade Network Formation across Space among Major Japanese Firms Petr MATOUS (University of Tokyo) / TODO Yasuyuki (Faculty Fellow, RIETI) Download paper [PDF:602KB] April 2014 14-E-019 Policy Regime Change against Chronic Deflation? Policy option under a long-term liquidity trap FUJIWARA Ippei  (Visiting Fellow, RIETI) /NAKAZONO Yoshiyuki  (Yokohama City University) /UEDA Kozo  (Waseda University) Download paper [PDF:2.6MB] April 2014 14-E-018 Empirical Analysis on Factors Behind Successful Entrepreneurs MATSUDA Naoko (Fellow, RIETI) / MATSUO Yutaka (University of Tokyo) Download paper [PDF:680KB] April 2014 14-E-017 Winning the Race against Technology KAWAGUCHI Daiji (Faculty Fellow, RIETI) / MORI Yuko (Japan Society for the Promotion of Science (JSPS)) Download paper [PDF:614KB] Non Technical Summary April 2014 14-E-016 Fertility and Maternal Labor Supply in Japan: Conflicting policy goals? Andrew S. GRIFFEN  (University of Tokyo) /NAKAMURO Makiko  (Keio University) /INUI Tomohiko  (Faculty Fellow, RIETI) Download paper [PDF:410KB] Non Technical Summary April 2014 14-E-015 Fiscal Consolidation in Japan FUKAO Mitsuhiro  (Faculty Fellow, RIETI) Download paper [PDF:446KB] Non Technical Summary MITI/RI (before FY2001) FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008 FY2007 FY2006 FY2005 FY2004 FY2003 FY2002 FY2001 Research/Policy Papers Discussion Papers (English) FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008 FY2007 FY2006 FY2005 FY2004 FY2003 FY2002 FY2001 MITI/RI (before FY2001) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles Published in Peer-reviewed Academic Journals Research Digest Links Discussion Papers Search Communications Newsletter RSS Feed Facebook X YouTube Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) About RIETI Privacy Policy Site Policy Site Map Help Contact METI Web Site Research Institute of Economy, Trade and Industry, IAA (JCN 6010005005426)JCN: Japan Corporate Number Opinions expressed or implied on this website are solely those of the author, and do not necessarily represent the views of the Research Institute of Economy, Trade and Industry (RIETI).Titles, numbers, specific names, etc. on this website are as of the date of publication. 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