Details about Kazuo Ogawa

E-mail:
Homepage:	http://www.iser.osaka-u.ac.jp/~ogawa/
Workplace:	Institute of Social and Economic Research (ISER), Osaka University, (more information at EDIRC)

Access statistics for papers by Kazuo Ogawa.

Last updated 2024-04-06. Update your information in the RePEc Author Service.

Short-id: pog5

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Jump to Journal Articles Chapters

Working Papers

2021

1. Technical Inefficiency and Firm Behavior: A Panel Study of Small and Medium Japanese Manufacturing Firms
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)

2020

2. Real Estate Market and Consumption: Macro and Micro Evidence of Japan
   GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit
   See also Chapter Real estate market and consumption: macro and micro evidence of Japan, Chapters, Edward Elgar Publishing (2022) (2022)

2019

3. Why Is Investment So Weak Despite High Profitability? A panel study of Japanese manufacturing firms
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)

2017

4. Inefficiency in Rice Production and Land Use: A Panel Study of Japanese Rice Farmers
   HIT-REFINED Working Paper Series, Institute of Economic Research, Hitotsubashi University
   Also in Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2017)
   See also Journal Article Inefficiency in rice production and land use: a panel study of Japanese rice farmers, The Japanese Economic Review, Springer (2020) View citations (2) (2020)

2016

5. International R&D Spillovers and Marginal Social Returns on R&D
   CESifo Working Paper Series, CESifo View citations (1)
6. Public Debt, Economic Growth and the Real Interest Rate:A Panel VAR Approach to EU and OECD Countries
   ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (1)
   See also Journal Article Public Debt, Economic Growth and the Real Interest Rate: A Panel VAR Approach to EU and OECD Countries, Applied Economics, Taylor & Francis Journals (2020) View citations (9) (2020)

2015

7. Hysteresis in Japanese Export Market: A Dynamic Random-Effect Probit Approach to Panel Data of Japanese Machinery-manufacturing Firms
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2013

8. Firm Investment, Liquidity, and Bank Health: A Panel Study of Asian Firms in the 2000s
   ADB Economics Working Paper Series, Asian Development Bank View citations (1)
   See also Journal Article Firm investment, liquidity and bank health: A panel study of Asian firms in the 2000s, Journal of Asian Economics, Elsevier (2015) View citations (2) (2015)

2012

9. Japan out of the Lost Decade: Divine Wind or Firms’ Effort?
   IMF Working Papers, International Monetary Fund View citations (1)
10. The Global Financial Crisis and Small- and Medium-sized Enterprises in Japan: How did they cope with the crisis?
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
    See also Journal Article The global financial crisis and small- and medium-sized enterprises in Japan: how did they cope with the crisis?, Small Business Economics, Springer (2013) View citations (13) (2013)

2010

11. Financial Distress and Industry Structure: An inter-industry approach to the "Lost Decade" in Japan
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
    See also Journal Article FINANCIAL DISTRESS AND INDUSTRY STRUCTURE: AN INTER-INDUSTRY APPROACH TO THE LOST DECADE IN JAPAN, Economic Systems Research, Taylor & Francis Journals (2012) View citations (2) (2012)

2009

12. Intra-firm Trade and Contract Completeness: Evidence from Japanese affiliate firms
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
13. Redistributional View of Trade Credit Revisited: Evidence from micro data of Japanese small firms
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2008

14. Why Are Concavity Conditions Not Satisfied in the Cost Function? The Case of Japanese Manufacturing Firms during the Bubble Period
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (2)
    See also Journal Article Why Are Concavity Conditions Not Satisfied in the Cost Function? The Case of Japanese Manufacturing Firms during the Bubble Period, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2011) View citations (6) (2011)

2007

15. Credit Allocation of Japanese Banks in the 1990s: Evidence from the Short-term Economic Survey of Enterprises
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka
16. Information, Investment, and the Stock Market: A Study of Investment Revision Data of Japanese Manufacturing Industries
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka
    See also Journal Article Information, investment, and the stock market: A study of investment revision data of Japanese manufacturing industries, Journal of the Japanese and International Economies, Elsevier (2008) View citations (1) (2008)
17. Multiple Bank Relationships and the Main Bank System: Evidence from a Matched Sample of Japanese Small Firms and Main Banks
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
    See also Chapter Multiple Bank Relationships and the Main Bank System: Evidence from a Matched Sample of Japanese Small Firms and Main Banks, Contributions to Economics, Springer (2010) (2010)

2005

18. Bank Control and the Number of Bank Relations of Japanese Firms
    CESifo Working Paper Series, CESifo View citations (3)
19. Does Main Bank's Health Matter in Firm Customers' Behavior? A Study Based on Bank-Firm Matching Data of SMEs (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
20. Why Did Japan's Household Savings Rate Fall in the 1990s?
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka
    See also Journal Article Why did Japan's household savings rate fall in the 1990s?, Applied Economics, Taylor & Francis Journals (2007) View citations (6) (2007)

2004

21. Debt, R&D Investment and Technological Progress: A Panel Study of Japanese Manufacturing Firms in the 90s
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (8)
22. Why Commercial Banks Held Excess Reserves: The Japanese Experience of the Late '90s
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (2)

2003

23. Does Agency Cost Model Explain Business Fluctuations in Japan?: An Empirical Attempt to Estimate Agency Cost by Firm Size
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (3)
24. Financial Distress and Corporate Investment: The Japanese Case in the 90s
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (21)
25. Financial Distress and Employment: The Japanese Case in the 90s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)

2000

26. Bank Lending in Japan: its Determinants and Macroeconomic Implications
    ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka View citations (46)

1991

27. Profitability of Industry and Outward Direct Foreign Investment
    Working Papers, University of Hawaii at Manoa, Department of Economics

Journal Articles

2020

1. Inefficiency in rice production and land use: a panel study of Japanese rice farmers
   The Japanese Economic Review, 2020, 71, (4), 641-669 View citations (2)
   See also Working Paper Inefficiency in Rice Production and Land Use: A Panel Study of Japanese Rice Farmers, HIT-REFINED Working Paper Series (2017) (2017)
2. Public Debt, Economic Growth and the Real Interest Rate: A Panel VAR Approach to EU and OECD Countries
   Applied Economics, 2020, 52, (12), 1377-1394 View citations (9)
   See also Working Paper Public Debt, Economic Growth and the Real Interest Rate:A Panel VAR Approach to EU and OECD Countries, ISER Discussion Paper (2016) View citations (1) (2016)

2019

3. International spillovers of R&D and marginal social returns
   Review of International Economics, 2019, 27, (3), 936-954

2017

4. Did divine wind rescue Japan out of the lost decade?
   Journal of the Japanese and International Economies, 2017, 44, (C), 39-51 View citations (2)

2015

5. Firm investment, liquidity and bank health: A panel study of Asian firms in the 2000s
   Journal of Asian Economics, 2015, 38, (C), 44-54 View citations (2)
   See also Working Paper Firm Investment, Liquidity, and Bank Health: A Panel Study of Asian Firms in the 2000s, ADB Economics Working Paper Series (2013) View citations (1) (2013)

2014

6. Why do commercial banks hold government bonds? The case of Japan
   Journal of the Japanese and International Economies, 2014, 34, (C), 201-216 View citations (3)

2013

7. The global financial crisis and small- and medium-sized enterprises in Japan: how did they cope with the crisis?
   Small Business Economics, 2013, 41, (2), 401-417 View citations (13)
   See also Working Paper The Global Financial Crisis and Small- and Medium-sized Enterprises in Japan: How did they cope with the crisis?, Discussion papers (2012) View citations (4) (2012)
8. The trade credit channel revisited: evidence from micro data of Japanese small firms
   Small Business Economics, 2013, 40, (1), 101-118 View citations (27)

2012

9. FINANCIAL DISTRESS AND INDUSTRY STRUCTURE: AN INTER-INDUSTRY APPROACH TO THE LOST DECADE IN JAPAN
   Economic Systems Research, 2012, 24, (3), 229-249 View citations (2)
   See also Working Paper Financial Distress and Industry Structure: An inter-industry approach to the "Lost Decade" in Japan, Discussion papers (2010) (2010)
10. On the cost-reducing effects of embodied technical progress: a panel study of the steel industry in Japan
    Journal of Productivity Analysis, 2012, 37, (2), 141-153

2011

11. Balance sheet deterioration and credit allocations: Japanese evidence from the short-term economic survey of enterprises
    Japan and the World Economy, 2011, 23, (2), 86-96 View citations (1)
12. Why Are Concavity Conditions Not Satisfied in the Cost Function? The Case of Japanese Manufacturing Firms during the Bubble Period
    Oxford Bulletin of Economics and Statistics, 2011, 73, (4), 556-580 View citations (6)
    See also Working Paper Why Are Concavity Conditions Not Satisfied in the Cost Function? The Case of Japanese Manufacturing Firms during the Bubble Period, ISER Discussion Paper (2008) View citations (2) (2008)

2008

13. Information, investment, and the stock market: A study of investment revision data of Japanese manufacturing industries
    Journal of the Japanese and International Economies, 2008, 22, (4), 663-676 View citations (1)
    See also Working Paper Information, Investment, and the Stock Market: A Study of Investment Revision Data of Japanese Manufacturing Industries, ISER Discussion Paper (2007) (2007)
14. Main Bank Health and Activities of Firm Customers―An Empirical Study Based on Micro Data of Small Firms―
    Economic Review, 2008, 59, (1), 1-15 View citations (1)

2007

15. Debt, R&D investment and technological progress: A panel study of Japanese manufacturing firms' behavior during the 1990s
    Journal of the Japanese and International Economies, 2007, 21, (4), 403-423 View citations (26)
16. Household debt and consumption: A quantitative analysis based on household micro data for Japan
    Journal of Housing Economics, 2007, 16, (2), 127-142 View citations (24)
17. Why Commercial Banks Held Excess Reserves: The Japanese Experience of the Late 1990s
    Journal of Money, Credit and Banking, 2007, 39, (1), 241-257 View citations (1)
    Also in Journal of Money, Credit and Banking, 2007, 39, (1), 241-257 (2007) View citations (9)
18. Why did Japan's household savings rate fall in the 1990s?
    Applied Economics, 2007, 39, (18), 2341-2353 View citations (6)
    See also Working Paper Why Did Japan's Household Savings Rate Fall in the 1990s?, ISER Discussion Paper (2005) (2005)
19. Why do Japanese firms prefer multiple bank relationship? Some evidence from firm-level data
    Economic Systems, 2007, 31, (1), 49-70 View citations (25)

2006

20. COMMENT: WHAT CAUSED FIXED INVESTMENT TO STAGNATE DURING THE 1990S IN JAPAN? EVIDENCE FROM PANEL DATA OF LISTED COMPANIES
    The Japanese Economic Review, 2006, 57, (2), 307-309 View citations (1)

2004

21. THE LIQUIDITY TRAP AND PERSISTENT UNEMPLOYMENT WITH DYNAMIC OPTIMIZING AGENTS: EMPIRICAL EVIDENCE
    The Japanese Economic Review, 2004, 55, (4), 355-371 View citations (32)

2002

22. Monetary Transmission and Inventory: Evidence from Japanese Balance‐Sheet Data by Firm Size
    The Japanese Economic Review, 2002, 53, (4), 425-443 View citations (4)

2001

23. Leisure and Consumption Demand
    Economic Review, 2001, 52, (2), 132-142 View citations (1)

2000

24. Demand for Bank Loans and Investment under Borrowing Constraints: A Panel Study of Japanese Firm Data
    Journal of the Japanese and International Economies, 2000, 14, (1), 1-21 View citations (37)
25. Monetary Policy, Credit, and Real Activity: Evidence from the Balance Sheet of Japanese Firms
    Journal of the Japanese and International Economies, 2000, 14, (4), 385-407 View citations (12)
26. Uncertainty and Investment: Some Evidence from the Panel Data of Japanese Manufacturing Firms
    The Japanese Economic Review, 2000, 51, (2), 170-192 View citations (27)

1999

27. Market Valuation and the q Theory of Investment
    The Japanese Economic Review, 1999, 50, (2), 191-211 View citations (13)

1998

28. Land Value and Corporate Investment: Evidence from Japanese Panel Data
    Journal of the Japanese and International Economies, 1998, 12, (3), 232-249 View citations (44)

1997

29. Fluctuation in Land Prices and Capital Investment―Evidence from Panel Data of Japanese Manufacturing Firms―
    Economic Review, 1997, 48, (3), 218-226 View citations (3)

1996

30. An empirical re-evaluation of wealth effect in Japanese household behavior
    Japan and the World Economy, 1996, 8, (4), 423-442 View citations (20)
31. Borrowing Constraints and the Role of Land Asset in Japanese Corporate Investment Decision
    Journal of the Japanese and International Economies, 1996, 10, (2), 122-149 View citations (42)

1995

32. Returns on capital and outward direct foreign investment: The case of six Japanese industries
    Journal of Asian Economics, 1995, 6, (4), 437-467 View citations (2)

1994

33. The Flow-of-Funds Equations of Japanese Nonfinancial Firms
    Journal of the Japanese and International Economies, 1994, 8, (1), 72-105 View citations (5)

1993

34. Economic development and time preference schedule: The case of Japan and East Asian NICs
    Journal of Development Economics, 1993, 42, (1), 175-195 View citations (14)

1991

35. Income Risk and Precautionary Saving
    Economic Review, 1991, 42, (2), 139-152 View citations (8)

1990

36. Cyclical variations in liquidity-constrained consumers: Evidence from macro data in Japan
    Journal of the Japanese and International Economies, 1990, 4, (2), 173-193 View citations (14)
37. Formation of Expectations and Learning in the Market
    The Developing Economies, 1990, 28, (1), 42-66

Chapters

2022

1. Real estate market and consumption: macro and micro evidence of Japan
   Chapter 1 in Handbook of Real Estate and Macroeconomics, 2022, pp 2-20
   See also Working Paper Real Estate Market and Consumption: Macro and Micro Evidence of Japan, City University of Hong Kong, Department of Economics and Finance, Global Research Unit (2020) (2020)

2015

2. What do Cash Holdings Tell us About Bank-Firm Relationships? A Case Study of Japanese Firms
   Springer View citations (1)

2010

3. Multiple Bank Relationships and the Main Bank System: Evidence from a Matched Sample of Japanese Small Firms and Main Banks
   Springer
   See also Working Paper Multiple Bank Relationships and the Main Bank System: Evidence from a Matched Sample of Japanese Small Firms and Main Banks, Research Institute of Economy, Trade and Industry (RIETI) (2007) View citations (4) (2007)

1995

4. The FIow-of-Funds Equations of Japanese Banks
   A chapter in Economics, Econometrics and the LINK: Essays in Honor of Lawrence R.Klein, 1995, pp 469-493