Structural Reform, Aggregate Productivity and Resource Allocation

JSPS Grant-in-Aid for Scientific Research (B)

Research Purpose

This research program aims at understanding both qualitative and quantitative impacts of growth strategies in Japan, including deregulation, labor market reform, and economic integration using general equilibrium models of heterogeneous agents and microeconomic empirical analyses.

We hope we will provide assessment of the structural reforms that have been made so far and guidance for desirable reforms that will be made in the future.

【Publications】

9. K. Hosono, M. Takizawa and K. Yamanouchi, "Firm Age, Productivity, and Intangible Capital"RIETI Discussion Paper 20-E-001, 2020.

8. K. Hosono, D. Miyakawa, and M. Takizawa, "Cash Holdings: Evidence from Firm-Level Big Data in Japan," Economic Analysis 200, pp.136-163, 2019.

7. K. Hosono, M. Takizawa, "Dynamic Productivity Decomposition with Allocative Efficiency"RIETI Discussion Paper 19-E-069, 2019.

6. K. Hosono, D. Miyakawa, A. Ono, H. Uchida, I. Uesugi, "Damage to the Transportation Infrastructure and Disruption of Inter-firm Transactional Relationships "RIETI Discussion Paper 19-E-043, 2019.

5. K. Hosono, M. Hotei and D. Miyakawa, "Size-dependent VAT, Compliance Costs, and Firm Growth, " RIETI Discussion Paper 19-E-041, 2019.

4. K. Hosono and M. Takizawa,"Intangible Capital and the Choice of External Financing Sources," RIETI Discussion Paper 17-E-080, 2017.

3. K. Hosono, D. Miyakawa and M. Takizawa,"Do Overseas Subsidiaries Benefit from Parent Firms' Intangibles?," RIETI Discussion Paper 17-E-073, 2017.

2. K. Hosono, M. Takizawa and K. Yamanouchi, "Competition, Uncertainty, and Misallocation," RIETI Discussion Paper 17-E-071, 2017.

1. K. Hosono, M. Takizawa and K.Tsuru, "Size-dependent Policy and Firm Growth," RIETI Discussion Paper 17-E-070, 2017. 】