This paper attempted to measure the causal effect of college quality on individual earnings in subsequent life. If college quality matters, what type of college characteristics might lead to higher labor market premiums? Research conducted in US found a positive and significant labor market...

Many people have been skeptical about the economic value of going to graduate school in Japan. However, there are few empirical studies to analyze this issue. This paper estimates the private internal rate of return to postgraduate education and assesses the postgraduate wage premium in Japan....

This paper examines how firms’ decision to start exporting is affected by the availability of information on export markets. Unlike existing studies which focus on information sharing among firms, we are interested in the information provided by firms’ main bank. Specifically, using a unique...

This paper attempted to measure the causal effect of high school quality on academic achievement by estimating education production function in Japan. The authors combined school quality measures retrieved from official statistics with the large sample of twins collected through the web-based...

In this paper, we analyze the negative impacts of overeducation on wages in the Japanese youth labor market. In addition, this study assesses empirically the validity of the Human Capital Theory and Job Competition Model within the context of overeducation and undereducation. Our study uses the...

The objective of this research is to empirically show how the Great East Japan Earthquake that happened on March 11th 2011 (at the end of 2010FY) affects the short-term wages of college graduates in 2010FY. Moreover, we have paid attention to the role of the quality of college education. Our...

This paper studies the quantitative impact of the efficiency of lender banks on their client firms' total factor productivity. By using the panel data for bank and firm characteristics including the efficiency of banks, we empirically establish the positive correlation between the growth and the...

On March 11, 2011, the Great East Japan Earthquake and tsunami hit the Tohoku region of Japan, causing the loss of a great number of lives and property. The earthquake and tsunami also damaged nuclear plants in Fukushima Prefecture, resulting in the release of radioactive substances into the...

To understand the dynamics of the Chinese economy and Chinese firms, it is important to examine firms' export behaviors, in particular the role of foreign-owned firms in export. This paper investigates entries to and exits from export markets of Chinese firms and the relation between such...

In this paper we conducted a detailed analysis of Japan's TFP growth by making use of the Japan Industrial Productivity Database (the JIP Database) which we have recently completed. We got the following results. 1.After taking account of the quality of labor and the capacity utilization rate we...