List of Research Achievement
Fields : Macroeconomics,
Public Economics, Chinese Economy, Applied Econometrics; Empirical and
Theoretical Approaches
Keywords : Habit, Information,
Tax, Uncertainty, Natural Experiment, Bubble, Chinese Economy, Social Interaction, Behavioral Economics
Published Research Articles
１．Cigarette Tax
Revenues and Tobacco Control in Japan, Applied Economics, vol.38, no.14,
pp.1663-1675, August 2006.
２．Why Does China Achieve
World's Highest Household Savings Rate? 単著
Outlook Weekly (Xinhua News Agency, in Chinese),
pp.49-49, Vol.32, 2006.
３．過剰債務と家計消費−ミクロデータに基づく実証分析−, 小川一夫教授と共著
林文夫(Fumio Hayashi)教授編『制度の実証分析と設計』第２巻『金融の機能不全』第6章、pp.151-186、2007年1月16日出版、勁草書房
４．Household
Debt and Consumption: A Quantitative Analysis Based on Household Micro Data for
Japan, with Kazuo Ogawa, Journal of Housing Economics, vol.16(2),
pp.127-142, June, 2007.
５．Experiments on Risk
Attitute and Comparative Analysis (in Chinese, with English summary), Journal of
Financial Research (Journal of China Financial Association, supervised by People' Bank of China
(central bank)), General No.329, No.11, pp.57-66, November 2007, jointly with Shiyu Xie, Bibo Sun, Hongxin Zhu,
Yoshiro Tsutsuyi,
Jie Qin.
６．The
Determinants of Household Saving in China: A Dynamic Panel Analysis of
Provincial Data, with Charles Yuji Horioka, Journal of Money,
Credit and Banking, vol.39, no.8, pp.2077-2096, December, 2007.
７．Why
Does China Save So Much? with Charles Yuji Horioka, The final chapter (Chapter
14, pp.371-391) of `China, Asia,
and the New World Economy,' Oxford University Press, edited by Barry Eichengreen,
８．The
Incentive to Declare Taxes and Tax Revenue: The Lottery Receipt Experiment in
China, Review
of Development Economics, vol.14(3) pp.611-624, August, 2010.
９．
１０．中国の税制改革と税収−くじ付領収書の導入とその効果−、「東アジアへの視点」、vol.23(1)、pp.13-26、2012年3月。
Recent Working Papers
１．The
Lottery Receipt's Effect on Tax Declaration in Urban China, CAES Working
Paper Series WP-2009-016, Center for Advanced Economic Study Fukuoka
University, December 2009.
２．A
Solution to Tax Evasion, CAES Working Paper Series WP-2009-009, Center for
Advanced Economic Study Fukuoka University, August 2009.
３．The
Optimality for Indirect Taxes, with Hiroaki Fujimoto, CAES Working Paper
Series WP-2009-012, Center for Advanced Economic Study Fukuoka University,
September 2009. Accepted by the Econometric Society World Congress 2010
４．The
Lottery Receipt Experiment in China, CAES Working Paper Series WP-2009-014,
Center for Advanced Economic Study Fukuoka University, September 2009.
５．The
Lottery Receipt, （in Japanese）CAES Working Paper Series WPJ-2010-001, Center for
Advanced Economic Study Fukuoka University, May 2010.
６．
7．
8．
9．
Research Articles under Revising
1.「Testing for the Interest Parity Hypothesis」
2000.01, B.A. thesis (in Japanese), Faculty of Economics,
The Bachelor Dissertation was made in Professor Yuzo
Honda ’s research seminar.
2. ｢An
Analysis of Cigarette Consumption in Japan｣
2002.01, Master thesis,
3. ｢Response to Health Information: A Natural Experiment from
Japanese Cigarette Consumption｣, 2002.06.
Revised, ｢Consumption
of Cigarettes, Nicotine, and Tar under Anti-smoking: Japan as a Case Study｣, 2006.03.
Discussion
Papers No.04-12, Economics and Business, Graduate School of Economics and
Osaka School of International Public Policy, Osaka University, January 2004.
Discussion Paper
Series No. 20, 21st Century Center of Excellence Program “Behavioral Macrodynamics
based on Surveys and Experiments.”
4. ｢Rational Addiction, Tax Revenues and Tobacco Control｣, 2002.09.
Revised version: ｢Cigarette Tax
Revenues and Tobacco Control in Japan｣, Applied Economics Vol.38,PP.1663-1675, Aug.
2006.
Discussion
Papers No.04-11, Economics and Business, Graduate School of Economics and
Osaka School of International Public Policy, Osaka University, January 2004.
Discussion Paper
Series No. 19, 21st Century Center of Excellence Program “Behavioral Macrodynamics
based on Surveys and Experiments.”
Chapter 2 of doctoral
dissertation.
5.「Testing for
the Effect of Health Information Disclosure on Cigarette Inter-brand Demand」
2003.01, presented at 2003
Spring Meeting of Japanese Economic Association at
Revised version:「Responses of
Consumers to the Mandatory Disclosure of Information: Evidence from Japanese
Inter-Brand Cigarette Demands」2003.08; submitted to an academic
journal in economics in January 2006, been revising based on referee reports for this journal since July 2006 .
Discussion
Papers No.04-13, Economics and Business, Graduate School of Economics and
Osaka School of International Public Policy, Osaka University, January 2004,
No.04-13.
Discussion Paper
Series No.21, 21st Century Center of Excellence Program “Behavioral Macrodynamics
based on Surveys and Experiments.”
Chapter 5 of doctoral
dissertation
2003.10, presented at 2003 Autumn Meeting
of Japanese Economic Association at
First revised version: ｢Testing the Gambling
Addiction Hypothesis Using Japanese Pachinko Survey｣
2004.11, under
revision, second revised version: 「Is Gambling Addictive? Evidence from Pachinko
Participating, Quitting and Re-initiating」, Chapter 6 of doctoral
dissertation, prepare for submission to an academic journal.
2003.08, revised version in April, 2004, presented at 2004 Autumn Meeting
of Japanese Economic Association at Okayama University on 26 September
2004, discussant: Toshiki Watanabe (Professor in
Chuo University), revised version「Tax Revenue
in China and the Incentive to Declare Taxes: The Lottery Purchase Receipt
Experiment」, Chapter 8 of doctoral
dissertation, preparation for submission to an academic journal.
The
revised version of this paper was presented at the `WTO,
China, and the Asian Economies, IV’ which was held by
The
revised version of this paper was presented at Professor Yaohui
Zhao’s Research Seminar in
It has been accepted by
the
2006 Far Eastern Meeting of The Econometric Society July 9th-12th,
Discussion
Papers No.06-25, Economics and Business, Graduate School of Economics and
Osaka School of International Public Policy, Osaka University, Sept. 2006.
Discussion Paper
Series No.147, 21st Century Center of Excellence Program “Behavioral Macrodynamics
based on Surveys and Experiments.”
The
revised (on July 28, 2008) version of this paper was
presented (PPT) at The 64th Congress of the International
Institute of Public Finance (IIPF) held at
8. ｢Re-examination of
Rational Addiction Model with and without Distinction between Purchase and
Consumption｣, 2002.08, mimeo.
First revised version: ｢Rational
Addiction with an Optimal Inventory: Theory and Evidence from Japanese Daily
and Monthly Purchases｣.
Discussion
Papers No.04-01, Economics and Business, Graduate School of Economics and
Osaka School of International Public Policy, Osaka University, January 2004.
Discussion Paper
Series No. 18, 21st Century Center of Excellence Program “Behavioral Macrodynamics
based on Surveys and Experiments”,
This paper was
presented at 2004 Spring Meeting
of Japanese Economic Association at
It was presented at Macro Lunch Seminar in
Graduate School of Economics on 1 July 2004,
(Second revised version) The Seventh
ISER-Moriguchi Prize (2005) Awarded Paper, ｢Rational Addiction with Optimal
Inventories: Theory and Evidence from Cigarette Purchases in Japan｣, it was presented at ISER Seminar on 9
Feb, 2005.
Chapter 3 of doctoral
dissertation.
It was presented at Seminar in School of
Economics, Gakushuin University,
on 26 May, 2005, at COE
seminar Hitotsubashi University on Oct. 31, 2005.
9. ｢Household Debt and
Consumption? Evidence from Micro Data｣, jointed with Kazuo
Ogawa, August, 2004.
It was presented on ‘Micro Statistical Data
Research Committee’ on 26 November, 2004.
(In Japanese) ｢家計の負債保有が消費行動に与える影響の定量分析 ― 全国消費実態調査平成元年、６年及び11年度の個票に基づいて ― ｣、小川一夫・万軍民、2004年8月. (共同研究報告書は｢ミクロ統計データ活用研究会｣へ提出済)、 2004年11月26日(金)、｢ミクロ統計データ活用研究会｣で小川一夫教授と共同報告済.
It was presented at Macro Lunch Seminar in
Graduate School of Economics,
It was presented at Empirical
Analysis of Economic Institution (in Japanese, Seido no Jisshou Bunseki), University of Tokyo, on 19
March 2005.
It was presented at Seminar in China
Center for Economic Research on 13 April 2005, Peking University.
It was presented
at Seminar in School of
Economics, Jiangxi University
of Finance and Economics, on 15 April 2005.
It was presented
at Seminar in Institute of
Economic Research, China Academy of
Social Science, on 19 April 2005.
It was presented at 2005
Spring Meeting of Japanese Economic Association at
It was presented at Empirical
Analysis of Economic Institution (in Japanese, Seido no Jisshou Bunseki), University of Tokyo, on 17
March 2006.
It
was presented
at International
Conference on Real Estates and the Macroeconomy, on July 24-25, 2006.
It was published
in a Chapter of research volume edited by Fumio Hayashi
in Jan. 2007.
10. Household
Debt and Consumption: A Quantitative Analysis Based on Household Micro Data for
Japan, Co-author: Kazuo Ogawa, Journal of Housing Economics, vol.16, pp.127-142,
June 2007.
11. ｢Are
Gambling and Smoking Complementary? Direct Tests from Japanese Individual Data｣, Chapter 7 of doctoral
dissertation. Under revision, prepare for being submitted to an academic
journal in economics.
It was presented at 2005 Autumn
Meeting of Japanese Economic Association at
12. ｢Is the Life Cycle or
Ono’s Model Most Suitable to the Japanese?: Analysis by Time Series Data and
Surveys of Lottery Purchase and Large-Prize Winners｣, Chapter 9 of doctoral
dissertation.
13. Doctoral dissertation:
｢Habit, Information and
Uncertainty: Some Evidence from Natural Experiments｣, December, 2004. The Committee of Doctoral Dissertation:
Professor Kazuo Ogawa
(Chief), Professor Charles
Yuji Horioka, Professor Fumio
Ohtake.
This dissertation
was presented at the ISER SEMINAR SERIES
on 1 February, 2005.
14 Why Does China Save
So Much? (Jointly with Professor
Charles Yuji Horioka).
It was presented at an international conference named `China
and Emerging Asia: Reorganizing the Global Economy?’ held by Korea
Institute of International Economic Policy and by
It was presented at Seminar in China
Center for Economic Research on June 21, 2006, Peking University.
It was presented at Seminar in School of Economics,
Jiangxi University of Finance and
Economics, on June 26, 2006.
It was presented at IPP seminar at
Osaka School of International Public,
It was presented at 9:00am on
Friday, July 21, in the EFACR Aggregate Implications of Microeconomic Consumption
Behavior workshop being held July 17-21, 2006, at NBER SUMMER INSTITUTE 2006
which was held in
It was presented at Asia-Pacific
Economic Association, Seattle Conference, which was held by Department of Economics
University of Washington at
It was presented at 2006 Autumn Meeting of Japanese
Economic Association at
Chapter 14 of `China, Asia, and the New World Economy,'
published Oxford University Press, edited by Barry Eichengreen, George C. Pardee
and Helen N. Pardee Professor of Economics and Political Science
University of California, Berkeley, Yung Chul Park, Research Professor, Graduate School of
International Studies, Seoul National University, and Charles Wyplosz, Professor, Graduate Institute
of International Studies, Geneva, January 2008.
15. The
Determinants of Household Saving in
It was presented at Public Economics
Seminar of Faculty of Economics of Keio University on 10 November 2006.
NBER Working
Paper w12723 in December 2006.
It was presented at research seminar at
The International Centre for the Study of East Asian Development on 26 January 2007.
It was presented at Center for
Advanced Economic Study, Fukuoka University on 18 May 2007.
It was presented at
Lunchtime Seminar at Brookings Institution,
It was presented at CPBS 2007 Annual
Pacific Basin Conference, Center for Pacific Basin Studies, Federal Reserve
Bank of
Federal Reserve Bank of
San Francisco, USA, Working
Paper 2007-28, January
2007.
Competitive Research Grants
(1) 平成１９年度財団法人国際東アジア研究センター公募プロジェクト
(2) 平成１９年度（第３４回）日本証券奨学財団研究調査助成金公募プロジェクト
Work in progress
(1) Oil Consumption
with Optimal Inventories: Theory and Evidence from OECD and BRICs
Countries
(2) Incentive to
Declaration for Taxation versus Tax Revenues: Micro Evidence from China Lottery
Receipt Experiment (2006 Micro Survey on 1500 Chinese Urban Households, 2007
Micro Survey on 750 Rural Households, COE Program in Osaka University)
(3) Studies on
Interview, Essay, Comments, Seminar, etc.
1 「過剰債務と消費：日本からの教訓」、政策性研究簡報、No.506、2005年4月、北京大学中国経済研究センター（Jointly with Professor Kazuo Ogawa）. (Policy Research,
No. 506, April, 2005, CCER,
2 ``Bubbles
in the Land and Housing Market (in Chinese),’’ May 13, 2005, China Taxation News
3 ``Risk of
Bubble in China’s Housing Market and Lessons from Japan (in Japanese),’’ NEWS LETTER,
Osaka School of International Public Policy, Osaka University, April 2006,
No.37, page 4.
4 ``How to end
China’s current account surpluses(in English)?’’ June 5, 2006, Daily Yomiuri.
(Jointly with Professor CHARLES
YUJI HORIOKA)
5 「中国 摩擦の背景に高貯蓄：人口構成が影響」日本経済新聞「経済教室」、2006年6月8日朝刊，大阪大学ホリオカ教授と共著。 ``High Saving
Rate in China Bring Conflicts with Other Countries: The Impact of Age Structure
of Population,’’ June 8, ``Economics Classroom’’ in Nihon Keizai
Shimbun
(
6 Comments (discussant) on ``Ownership
Reform and Efficiency of Nationwide Banks in China’’ presented at the `WTO,
China, and the Asian Economies, IV’ which was held by
7「中国はなぜ多く貯蓄するのか」、政策性研究簡報、No.591、2006年6月、北京大学中国経済研究センター（Jointly with Professor CHARLES YUJI HORIOKA）. (Policy Research,
No. 591, June, 2006, CCER,
8 ``Frontier of
Econometrics: Applications of Natural Experiments’’ was presented at Faculty of Business and Commerce of
Keio University on July 8, 2006.
9 Panel discussant (comment) on ``Why China Should Keep its
Dollar Peg? A Historical Perspective from Japan’’ presented by Professor
Ronald I. Mckinnon of Stanford University at the `Public Policy
under Globalization’ which was held by Osaka School of International Public
Policy of Osaka University at Hotel Granvia Osaka on March
Feb. 27-28, 2007.
10 Discussant (comment)
on ``Growth
Account of China and India’’ presented by Professor Barry P. Bosworth of
Brookings Institution at the `Public Policy under Globalization’ which was held
by Osaka School of International Public Policy of Osaka University at Hotel Granvia
Osaka on March Feb. 27-28, 2007.
11 ``The Cause of
Japan's Recession in the Last Decade,'' `Research' issued by
12 'China
saving,' Jointly with Professor Charles Yuji Horioka, FRBSF Economic Letter
2008-03; Federal
Reserve Bank of
13 ``Solutions
to Bubble,''
November 27, 2009.
14 'China
bubble' in Chinese, ``West
Japan Chinese News,'' December 28, 2009.
15．Comments A in
the 9th China Economics Annual Conference in December 2009.
Comments B
in the 9th
Comments C
in the 9th
Comments D
in the 9th
Others
1
Professor Yukihiko
Fujita's replies to and Professor
Takao Fujimoto's comments on the referees and editor's reports of Professor
Yukihiko
Fujita's paper `All Commodities Surplus Theorem.'
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