Discussion Paper Series

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245: Tainted Food, Low-Quality Products and Trade

Jean Marie Viaene and Laixun Zhao

244: Effect of Threats to Property Rights on Economic Performance of the Manufacturing Sector of Indian States

Atsushi Kato and Takahiro Sato

243: Understanding Regional Growth Dynamics in JAPAN: Panel Cointegration Approach Utilizing The PANIC Method

Masahiko Shibamoto, Yoshiro Tsutsui and Chisako Yamane

242: Is the Japanese Distribution System Becoming More Accessible to Foreign Firms?

Ralf Bebenroth, Nir Kshetri and Reinhard Hunerberg

241: Two-Way Outsourcing, International Migration, and Wage Inequality

Morihiro Yomogida and Laixun Zhao

240: Labor-Management Bargaining, Labor Standards and International Rivalry

Jung Hur and Laixun Zhao

239: Superiority of Exporters and the Causality Between Exporting and Firm Characteristics in Vietnam

Nguyen Hiep and Hiroshi Ohta

238: Export Intensity and Impacts from Firm Characteristics, Domestic Competition and Domestic Constraints in Vietnam: A Micro-data Analysis

Nguyen Hiep and Shoji Nishijima

237: Tax Competition with Heterogeneous Firms

Richard Baldwin and Toshihiro Okubo

236: Behold the 'Behemoth'. The privatization of Japan Post Bank

Uwe Vollmer, Diemo Dietrich and Ralf Bebenroth

235: The Estimation of the New Keynesian Phillips Curve in Japan and Its Implication for the Inflation Response to a Monetary Policy Shock

Masahiko Shibamoto

234: The UK Intranational Trade Cycle

Michael John Artis and Toshihiro Okubo

233: Abnormal Accrual, Informed Trader, and Long-Term Stock Return: Evidence from Japan

Katsuhiko Muramiya, Kazuhisa Otogawa and Tomomi Takada

232: Globalization and Business Cycle Transmission

Michael John Artis and Toshihiro Okubo

231: Greenhouse-gas Emission Controls and International Carbon Leakage through Trade Liberalization

Jota ISHIKAWA and Toshihiro Okubo

230: The Relative and Incremental Explanatory Powers of Dirty Surplus for Debt Interest Rate

Akinobu Shuto, Shota Otomasa and Kazuyuki Suda

229: The spatial selection of heterogeneous firms

Toshihiro Okubo, Pierre M. Picard and Jacques Thisse

228: Why did Countries Adopt the Gold Standard? Lessons from Japan

Kris James Mitchener, Masato Shizume and Marc D. Weidenmier

227: Managerial Ownership and Accounting Conservatism: Empirical Evidence from Japan

Akinobu Shuto and Tomomi Takada

226: Would global patent protection be too weak without international coordination?

Edwin L.-C. Lai

225: R&D Partnerships and Capability of Innovation of Small and Medium-Sized Firms in Zhongguancun, Beijing: The Power of Proximity

Nobuaki Hamaguchi and Yoshihiro Kameyama

224: Earnings Management to Exceed the Threshold: A Comparative Analysis of Consolidated and Parent-only Earnings

Akinobu Shuto

223: Trade and Firm Heterogeneity In A Quality-Ladder Model of Growth

Tetsugen Haruyama and Laixun Zhao

222: Tax reform, delocation and heterogeneous firms: Base widening and rate lowering rule

Richard Baldwin and Toshihiro Okubo

221: The Intranational Business Cycle: Evidence from Japan

Michael John Artis and Toshihiro Okubo

220: Heterogeneous Quality Firms and Trade Costs

Matthias Helble and Toshihiro Okubo

219: Understanding Output and Price Dynamics in Japan: Why Have Japan's Price Movements Been Relatively Stable Since the 1990s?

Masahiko Shibamoto and Ryuzo Miyao

218: Aid Effectiveness Revisited: Comparative Studies of Modalities of Aid to Asia and Africa

Hiroyuki Hino and Atsushi Iimi

217: Competing to Invest in the Foreign Market

Laixun Zhao and Makoto Okamura

216: Cognitive Bias in the Laboratory Security Market -Differently Available Information and Equilibrium of Security Market-

Hidetoshi Yamaji and Masatoshi Gotoh

215: Aging, transitional dynamics, and gains from trade

Takumi Naito and Laixun Zhao

214: Top Management Characteristics of Foreign MNC Affiliates and Affiliate Performance in Japan: Knowledge-Based and Upper Echelon Perspectives

Tomoki Sekiguchi, Ralf Bebenroth and Donghao Li

213: High Economic Growth, Equity and Sustainable Energy Development of India

Ramprasad Sengupta

212: Efficacy of Fiscal Policy in Japan: Keynesian and Non-Keynesian Effects on Aggregate Demand

Yusuke Kinari and Masahiko Shibamoto

211: Bank regulation and supervision in Japan and Germany: A comparison

Ralf Bebenroth, Diemo Dietrich and Uwe Vollmer

210: Global Dynamics in Infinitely Repeated Games with Additively Separable Continuous Payoffs

Takashi Kamihigashi and Taiji Furusawa

209: Globalization, Interregional and International Inequalities

Zeng, Dao-Zhi and Laixun Zhao

208: A Reassessment of Japan's Monetary Policy during the Great Depression: The Constraints and Remedies

Masato Shizume

207: Brand Agriculture and Economic Geography: A General Equilibrium Analysis

Masahisa Fujita and Nobuaki Hamaguchi

206: Dense Communication and R&D in Knowledge-based Industrial Clusters: Comparative Study of Small & Medium-sized Firms in Korea and China

Nobuaki Hamaguchi and Yoshihiro Kameyama

205: The Spirit of Capitalism, Stock Market Bubbles, and Output Fluctuations

Takashi Kamihigashi

204: Dilemma between new and existing technologies: Separation and coexistence of old and new technologies in the Television Development Division of Sony Corporation

Atsushi Osanai

203: International Relocation, Difference in Production Costs, and Welfare: Analysis Based on the Two-Country Model

Kohjiro Dohwa

202: Unionization Structure and the Incentives for Foreign Direct Investment

Arijit Mukherjee and Laixun Zhao

201: Sustainability of Public Debt: Evidence from Pre-World War II Japan

Masato Shizume

200: On the Principle of Optimality for Nonstationary Deterministic Dynamic Programming

Takashi Kamihigashi

199: Immediately Reactive Equilibria in Infinitely Repeated Games with Additively Separable Continuous Payoffs

Takashi Kamihigashi and Taiji Furusawa

198: Child Labor and Globalization

Elias Dinopoulos and Laixun Zhao

197: Pollution Havens and Industrial Agglomeration

Zeng, Dao-Zhi and Laixun Zhao

196: An Empirical Test of the Efficiency Hypothesis on the Renminbi NDF in Hong Kong Market

Hideki Izawa