How does a shrinking population affect the housing market? In this study, drawing on Japan's experience, we find that there exists an asymmetric relationship between housing prices and population change. Due to the durability of housing structures, the decline in housing prices associated with...

In this article, we quantitatively analyze changes in the size distribution of municipal jurisdictions in Japan by using their rank-size distribution to capture the change. In Japan, the central government sometimes enacts large-scale municipal mergers, aimed at the creating of municipalities of...

Crowdfunding (CF), a method of raising small amounts of money on the Internet for development of new products and services, as well as solutions to regional development, was introduced in Japan some time ago. Expectations have remained high especially for reward-based CF (in which the payer...

Japan's rural regions have been shrinking for the entire post-war period, and successive efforts to revitalise rural society have failed. This article examines whether the Great East Japan Earthquake and tsunami, and the subsequent meltdown at the Fukushima Daiichi nuclear power plant, present...

This study evaluates the progress of efficient energy use and the control of carbon dioxide (CO2) emissions in Japan between 1990 and 2012. A new indicator of energy performance is presented called environmental energy efficiency (EEE). The EEE of manufacturing industries was measured by each...

This study explores a new modelling approach that bridges the gap between multilateral country-level data and the bilateral-model based, goods-market specific purchasing power parity (PPP) hypothesis. Under this approach, PPP is embedded in latent common factors, extractable from a large set of...

This study explores a new modelling approach to bridge the gap between the bilateral setting of one 'domestic' economy facing one 'foreign' entity in theory and multilateral country data in reality. Under the approach, purchasing power parity (PPP) is embedded in latent disequilibrium factors,...

In this paper we analyze the role played by Market access to explain income disparities among Japanese Prefectures for different periods of time. The results of the estimations suggest that 1) Market access plays an important role in the explanation of income disparities in Japan, 2) the effect...

In this paper we analyze the role played by Market access to explain income disparities among Japanese Prefectures for different periods of time. The results of the estimations suggest that 1) Market access plays an important role in the explanation of income disparities in Japan, 2) the effect...