We study the impact of the Great Hanshin-Awaji Earthquake on firm dynamics and obtain implications for the recent Great East Japan Earthquake. By using unique micro-level data for a maximum of 90,000 firms, we examine the impact of the earthquake on firms' default, relocation, and investment...

By using a simple North-South trade model with vertically related markets, this paper draws our attention to previously unidentified effects of foreign direct investment (FDI), namely that a North downstream firm affects the pricing behavior of an input supplier through technology spillovers and...

This paper presents a microeconomic model of inter-regional freight transportation based on careful formulation of the cost structure in trucking firms and market equilibrium, which takes into account the feature of transport service as a bundle of multiple characteristics. We estimate the...

This paper examines whether or not privatization of Chinese state-owned enterprises (SOEs) increases the probability of exporting, and, if so, what channels generate such effect. Using firm-level data for the Chinese manufacturing sector for the period 2000-2007, we find that privatization has a...

Japan experienced rapid growth in non-regular workers under globalization in the 2000s. This study seeks to identify the causal effects of exporting on the growth in labor and the share of non-regular workers in the Japanese manufacturing and wholesale sectors using extensive firm-level data. I...

This paper analyzes the relationship between the use of stock options and productivity by employing firm-level panel data from the Basic Survey of Japanese Business Structure and Activities. According to the analysis, the use of stock options has a positive impact on firm productivity....

Using firm-level data from the Establishment and Enterprise Census for 2001 and 2006, we explore the effects of e-commerce on the employment growth rate. In the regression analysis for only the surviving firms between 2001 and 2006, we find that employment grew more rapidly for firms which...

In this paper, we examined the impact of changes in the content of science learning on the formation of personal capacity and on the competitiveness of workers in the labor market, by analyzing data on the incomes of university graduates. In order to analyze the impact of changes in the...

This paper analyzes changes in the weight of small establishments in the overall industrial structure and the factors behind them in view of the size distribution of firms using data on domestic and overseas manufacturing establishments. The international comparison of long time series shows...

Since the nuclear power plant accident caused by the Great East Japan Earthquake, business and policy makers have raised serious concerns about the impact of electricity supply constraints on the Japanese economy. This paper examines the extent to which electricity supply constraints would...