Recently in Japan, depressed domestic demand, a spurt of economic activities in the emerging markets, and the aftermath of the disaster in 2011 have accelerated the overseas operations of large firms. However, the overseas expansion of small- and medium-sized enterprises (SME) has been limited,...

This paper verifies the policy impacts of introducing foreign capital to promote industrial development from the perspective of industrial agglomeration in China. There are two analyses; the first is on the high-tech industry in Zhongguancun, called the Chinese Silicon Valley, and the second...

It is well known that within-cohort consumption inequality increases with the age of household heads in developed countries. This pattern is consistent with the permanent income hypothesis, according to which households smooth consumption through credit markets in the short run against transient...

We propose a new methodological framework to empirically analyze the dynamics of growth, poverty, and inequalitythat incorporates the fact that the entire distribution of a welfare indicator, say, real percapita consumption, changes over time, and that empirical variables for growth, poverty,...

This paper looks at the case of Myanmar in order to investigate the behavior and welfare of rural households in an economy under transition from a planned to a market system. Myanmar's case is particularly interesting because of the country's unique attempt to preserve a policy of intervention...