COURSE TITLE:

Economic Approach to Southeast Asia Ⅱ(PDF)

Year/Semester: 2022/Fall and Winter

Class time: Wednesday 8:45-10:15

Room: Tonan-Tei (Inamori 201)

Format: Lecture and discussion

Target year: 1-5

Credits: 2


INSTRUCTOR:

Instructor: Tomohiro Machikita

Affiliation: Center for Southeast Asian Studies

Office: Inamori 221

Office hours: Tuesdays 2:00-4:00


OVERVIEW AND PURPOSE:

This course studies quantitative analytical frameworks and use case studies to examine the role of geographic and institutional factors such as community development, skills, migration, agglomeration of economic activities in understanding the performance of regions in emerging/developing vs developed economies. We will analyze regional differences through geography and institutions answering questions such as: How urbanization relates to economic development? How institutional difference has persistent effects on economic development? How skill transferability and migration affect economic development? How intergroup contact foster nation building?


COURSE OBJECTIVES:

Through active participation in discussions and presentations of assigned papers, students will absorb the research designs of the most up-to-date study results, and each student will be involved in their own research thesis. Students will learn methods for performing comprehensive, micro-level research on organizations, companies, industries, employment, foreign trade, production networks, and urbanization in developing economies or “newly emerging" economies.” Students will study the basic mechanisms of industrial development and prior empirical research, acquiring the basic knowledge that is needed to independently understand the latest research results. The reference and lecture notes, and materials cover a broad range of research results regarding the economies of newly emerging nations, mainly in east and southeast Asia, but also spreading to incorporate the African continent and Latin America.


COURSE SCHEDULE AND CONTENTS:

Readings marked by asterisks (*) are required. Others are recommended. Main textbook: Debraj Ray, Development Economics. Princeton University Press, 1998 (hereafter “Ray”).



  • Week 3 (10/19) Economic growth theories

    • *Ray, Ch. 3-4.

    • Abhijit Banerjee and Esther Duflo. 2019. Good Economics for Hard Times. Public Affairs.

    • Abhijit Banerjee, Roland Benabou, Dilip Mookherjee, (ed). 2006. Understanding Poverty. Oxford University Press.

    • Bates, Robert H., Avner Greif, Margaret Levi, Jean-Laurent Rosenthal, and Barry R. Weingast. Analytic Narratives, Princeton: Princeton University Press, 1998.





  • Week 7 (11/16) Rural-urban interconnections, urbanization, and infrastructure

    • *Ray, Ch. 9 and Ch. 10.

    • Mukesh Eswaran and Ashok Kotwal. 1994. Why Poverty Persists in India: A Framework for Understanding the Indian Economy. Oxford University Press.

    • Kaivan Munshi. 2020. “Social Networks and Migration” Annual Review of Economics.

    • Bazzi, Samuel, Arya Gaduh, Alexander D. Rothenberg, Maisy Wong, 2016. "Skill Transferability, Migration, and Development: Evidence from Population Resettlement in Indonesia." American Economic Review, 106(9): 2658-2698.

    • Bazzi, Samuel, Arya Gaduh, Alexander D. Rothenberg, Maisy Wong, 2019. "Unity in Diversity? How Intergroup Contact Can Foster Nation Building," American Economic Review, 109(11): 3978-4025.

    • Bryan, Gharad, Edward Glaeser, and Nick Tsivanidis. 2019. "Cities in the Developing World." NBER Working Paper No. 26390.

    • Henderson, Vernon and Matthew A. Turner. 2020. "Urbanization in the developing world: Too early or to slow?" Journal of Economic Perspectives.

    • Marx, Benjamin, Thomas Stoker and Tavneet Sur. 2013. "The Economics of Slums in the Developing World." Journal of Economic Perspectives 27(4): 187-210.

    • Akbar, Prottoy A., Victor Couture, Gilles Duranton, and Adam Storeygard. 2018. "Mobility and congestion in urban India."

    • Hjort, Jonas and Jonas Poulsen. 2019. "The Arrival of Fast Internet and Employment in Africa." American Economic Review, 109(3): 1032-1079. DOI: 10.1257/aer.20161385


  • Week 8 (11/30) Midterm presentations

    • The detailed instruction will be given later in the semester by Week 5.


  • Week 9 (12/7) Markets and transactions in agriculture: land and credit


  • Week 11 (12/21) International trade, development strategies, and institutions

    • *Ray, Ch. 16.

    • Ray, Ch. 17 and Ch. 18.

    • Diego Puga and Daniel Trefler. “International trade and institutional change: Medieval Venice's response to globalization,” Quarterly Journal of Economics 129(2), May 2014: 753-821.



  • Week 13 (1/11) Management: microeconomics of industrial development

    • *Bloom, Nicholas, Benn Eifert, Aprajit Mahajan, David McKenzie, and John Roberts. 2013. "Does Management Matter? Evidence from India." The Quarterly Journal of Economics, 128(1): 1-51. DOI: 10.1093/qje/qjs044 (VoXDev)

    • Bloom, Nicholas, Aprajit Mahajan, David McKenzie and John Roberts. 2020. Do Management Interventions Last? Evidence from India. AEJ: Applied Economics, 12(2):198-219.

    • Bloom, Nicholas, Aprajit Mahajan, David McKenzie, and John Roberts. 2010. "Why Do Firms in Developing Countries Have Low Productivity?" American Economic Review, 100 (2): 619-23. DOI: 10.1257/aer.100.2.619

    • Giorcelli, Michela. 2019. "The Long-Term Effects of Management and Technology Transfers." American Economic Review, 109 (1): 121-52. DOI: 10.1257/aer.20170619


  • Week 15 (1/25) Final presentation

    • The detailed instruction will be given later in the semester by Week 10.



COURSE REQUIREMENTS:

Each class meeting will open with a presentation by the instructor, followed by discussion of the assigned textbook. Active class participation will thus form a major component of one’s overall grade for the course. Without imposing a strict requirement, I assume familiarity with the concepts taught in basic undergraduate-level Statistics. This is an economics class that employs quantitative reasoning.


Students should read the papers that are assigned for each upcoming class and participate in class discussions. Supplementary to course content, students are also encouraged to pursue self-study on statistical methods, qualitative research methods, and microeconomics in order to better understand related academic papers. Please check the following textbooks: (1) Varian's Microeconomic Analysis; (2) Gibbons' Game Theory for Applied Economists; (3) Cunningham's Causal Inference: The Mixtape; (4) Hernan and Robins' Causal Inference: What If; (5) Angrist and Pischke's Mostly Harmless Econometrics.


EVALUATION METHODS AND POLICY:

Class attendance and active participation (40%), two in-class presentation of midterm and final project (15% each), and final report (30%). Active and constructive participation during the class discussions will influence your grade as well. The midterm takehome exam will consist of both analytical and empirical questions. The detailed instruction will be given later in the semester by Week 5. Regarding the final project, the students must submit the final report.


TEXTBOOKS:

All of the required readings are available on electronic reserve via Panda.


OFFICE HOURS:

Tuesdays 2:00-4:00, and appointment.

日本語での推薦文献(最終更新: 2021年1月3日)

論文投稿についての推薦文献:


経済学を学ぶための推薦図書:

  • 『戦略的思考の技術——ゲーム理論を実践する——』(中公新書)梶井厚志著(中央公論新社)2002年。

  • 『多数決を疑う――社会的選択理論とは何か——』 (岩波新書)坂井豊貴著(岩波書店)2015年。

  • 斎藤修「TZ<ほんの窓> ーー疫病と世界史ーー」 第8号, 2006.1.5. 一橋大学附属図書館.

  • スティーヴン・ジョンソン著、矢野真千子訳 『感染地図ーー歴史を変えた未知の病原体ーー』(河出文庫)

  • Good Economics for Hard Times, Abhijit Banerjee and Esther Duflo, 2019. Public Affairs.

    • 『絶望を希望に変える経済学ーー社会の重大問題をどう解決するか』アビジット・バナジー、エステル・デュフロ著、村井章子訳(日本経済新聞出版)2020年。

  • Strangers in Their Own Land: Anger and Mourning on the American Right, Arlie Russell Hochschild, The New Press, 2016.

    • 『壁の向こうの住人たち——アメリカの右派を覆う怒りと嘆き—— 』A.R. ホックシールド著、布施由紀子訳(岩波書店)2018年。

  • Economics for the Common Good, Jean Tirole, Steven Rendall訳, Princeton University Press, 2017.

    • 『良き社会のための経済学』ジャン・ティロール 著、村井章子訳(日本経済新聞出版社)2018年。

  • Why Poverty Persists in India: A Framework for Understanding the Indian Economy, Mukesh Eswaran and Ashok Kotwal, Oxford University Press, 1994.

    • 『なぜ貧困はなくならないのか——開発経済学入門—— 』ムケシュ・エスワラン、アショク・コトワル著、永谷敬三訳(日本評論社)2000年。

  • Reinventing the Bazaar: The Natural History of Markets, John McMillan, W. W. Norton & Company, 2002.

    • 『市場を創る——バザールからネット取引まで——』ジョン・マクミラン著、瀧澤弘和、木村友二訳(NTT出版)2007年。

  • The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger - Second Edition with a new chapter by the author 2nd Edition, Marc Levinson, Princeton University Press, 2016.

    • 『コンテナ物語——世界を変えたのは「箱」の発明だった——」増補改訂版 マルク・レビンソン著、村井章子訳(日経BP)2019.

  • Freakonomics: A Rough Economist Explores the Hidden Side of Everything, Steven D. Levitt and Stephen J. Dubner, Morrow, 2005.

    • 『ヤバい経済学——悪ガキ教授が世の裏側を探検する——』スティーヴン・D・レヴィット、スティーヴン・J・ダブナー著、望月衛訳(東洋経済新報社)2007年。

  • Economic Gangsters, Raymond Fisman and Edward Miguel, Princeton University Press, 2008.

    • 『悪い奴ほど合理的——腐敗・暴力・貧困の経済学——』 レイ・フィスマン、エドワード・ミゲル著、田村勝省訳(NTT出版)2014年。

  • The Org: The Underlying Logic of the Office, Raymond Fisman and Tim Sullivan, Twelve, 2015.

    • 『意外と会社は合理的——組織にはびこる理不尽のメカニズム——』レイ・フィスマン、ティム・サリバン著、土方奈美訳(日本経済新聞出版社)2013年。

  • Corruption: What Everyone Needs to Know, Ray Fisman, Miriam A. Golden, Oxford University Press, 2017.

    • 『コラプション——なぜ汚職は起こるのか——』レイ・フィスマン、ミリアム・A・ゴールデン著、山形浩生、守岡桜訳(慶應義塾大学出版会)2019年。

  • Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, Abhijit Banerjee and Esther Duflo, 2011. Public Affairs.

    • 『貧乏人の経済学——もういちど貧困問題を根っこから考える——』アビジット・バナジー、エスター・デュフロ著、山形浩生訳(みすず書房)2012年。

  • An Uncertain Glory: India and Its Contradictions, Jean Dreze and Amartya Sen, Princeton University Press, 2013.

    • 『開発なき成長の限界――現代インドの貧困・格差・社会的分断――』アマルティア・セン、ジャン・ドレーズ著、湊 一樹訳(明石書店)2015年。

  • Capital in the Twenty-First Century, Thomas Piketty , Arthur Goldhammer訳, Belknap, 2014.

    • 『21世紀の資本』トマ・ピケティ著、山形浩生、守岡桜、森本正史訳(みすず書房)2014年。

  • Fabricating Consumers: The Sewing Machine in Modern Japan, Andrew Gordon, University of California Press, 2011.

    • 『ミシンと日本の近代——消費者の創出——』アンドルー・ゴードン著、大島かおり訳(みすず書房)2013年。