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	No.253
	Yuko Hisa Ginkokei venture capital to IPO ga kigyo no setsubitoshikodo ni ataeru eikyo [in Japanese] March 2009

	No.252
	Seiichi Eguchi Senkanki nihon ni okeru gyorui shohiryo no shinsuikei（1921-40） [in Japanese] December 2008

	No.251
	Nobuaki Yamashita and Kyoji Fukao The Effects of Overseas Operations on Home Employment of Japanese Multinational Enterprises June 2008

	No.250
	Jian Wang and Yukihiko Kiyokawa Kokuseichosain no bunseki: (1) Nogyoken no baai -Meibokaso kara senmonkaso heno gani- [in Japanese] March 2008

	No.249
	Tomoaki Yamada Dogakuteki ippan kinko moderu to shisan kakusa [in Japanese] March 2008

	No.248
	Yohei Kobayashi and Norifumi Yukutake Tokyoken ni okeru 1990 nendai iko no sumikae kodo -"Jutaku juyo jittai chosa" wo mochiita Mixed Logit bunseki- [in Japanese] March 2008

	No.247
	Rui Takahashi Vietnam ni okeru tokeikiko no seiritsu to hatten -1946nen iko wo chushin ni- [in Japanese] March 2008

	No.246
	Masayo Shikimi Chusho kigyo no ginkokankei to ginkokan kyoso, ginkogappei, ginkokiki [in Japanese] March 2008

	No.245
	Kazuhiko Hayakawa On the Effect of Nonstationary Initial Conditions in Dynamic Panel Data Models March 2008

	No.244
	Kyoji Fukao, Tomohiko Inui, Shigesaburo Kabe and Deqiang Liu An International Comparison of the TFP Levels of Japanese, Korean and Cinese Listed Firms March 2008

	No.243
	Kokyotoshi ga boeki, sangyo kozo ni ataeru koka ni tsuite Higashi asia ni okeru doro, ICT gijutsu no yakuwari [in Japanese] March 2008

	No.242
	Shoichi Hisa The Analysis of a Deviation of Investment and Corporate Governance March 2008

	No.241
	Ho-il Moon Kitachosen jinko suikei: 1994-2000 [in Japanese] March 2008

	No.240
	Ho-il Moon Kitachosen jinko suikei: 1953-1993 [in Japanese] March 2008

	No.239
	Takeshi Miyazaki Chiho kofuzei to shichoson gappei Dankaihosei no minaoshi ga gappei ni oyobosu eikyo wo chushintoshite [in Japanese] February 2008

	No.237
	Naohito Abe Volatility in Panel Data of Household Expenditure February 2008

	No.236
	Ryo Kambayashi The Decomposition of Job Flows in Japan: 1991-2005 [in Japanese] January 2008

	No.235
	Jan-Pieter Smits Measuring ‘The Wealth and Poverty of Nations’: Methodological Problems and Possible Solutions January 2008

	No.234
	Michael Artis and Toshihiro Okubo The Intranational Business Cycle: Evidence from Japan January 2008

	No.233
	Kyoji Fukao and Yuhong Wei How do the Location Determinants of Vertical FDI and Horizontal FDI Differ? January 2008

	No.232
	Yoshihiro Chiba Manila chiikikeizaiken ni okeru ryutsutorihiki no tenkai -19seiki kara 20seiki zenhan ni okeru beikoku torihiki wo chushin ni- [in Japanese] January 2008

	No.231
	Shuntaro Washizaki Edo machiyashiki keiei no shushikozo to shisanrishiritsu: 1695-1754 -Nihonbashi kobunacho 1chome Inuyamaya Kanbeke- [in Japanese] January 2008

	No.230
	Keiko Yamaguchi Testing for the presence of noise in long memory processes [in Japanese] November 2007

	No.229
	Young Gak Kim Estimating Production Functions with R&D Investment and Endogeneity December 2007

	No.228
	Eiji Kurozumi Keizai jikeiretsu bunseki to tanikon kentei: koremade no hatten to kongo no tenbo [in Japanese] December 2007

	No.227
	Konosuke Odaka Exploring and Sharing Asian Economic History: An Interim Report on the Asian Historical Statistics Database Project November 2007

	No.226
	Takahiro Ito and Takashi Kurosaki Weather Risk, Wages in Kind, and the Off-Farm Labor Supply of Agricultural Households in a Developing Country November 2007

	No.225
	Shuntaro Washizaki Chosi shoyu jozogyo chingin no saisuikei: 1864-88 [in Japanese] November 2007

	No.224
	Kyoji Fukao, Tsutomu Miyagawa and Miho Takizawa Productivity Growth and Resource Reallocation in Japan November 2007

	No.223
	Kyosuke Kurita and Takashi Kurosaki The Dynamics of Growth, Poverty, and Inequality: A Panel Analysis of Regional Data from the Philippines and Thailand October 2007

	No.222
	Yoko Oguro The Influence of Intra-Industry Trade on Export Sensitivity to Exchange Rates October 2007, revised February 2008

	No.221
	Hiroaki Chigira and Tsunemasa Shiba Bayesian Estimation of Unknown Regression Error Heteroscedasticity October 2007, revised February 2008

	No.220
	Yoshiko Nagano National Accounts in Philippine Economic History: A Preliminary Report on Data Gathering and Research Trends August 2007

	No.219
	Hun-Chang Lee The Political Economy of Pre-industrial Trade in Northeast Asia August 2007

	No.218
	Michael Bognanno and Ryo Kambayashi Trends in Worker Displacement Penalties in Japan: 1991-2005 July 2007

	No.217
	Housung Jun and Hyeog Ug Kwon An Alternative System GMM Estimation in Dynamic Panel Models July 2007

	No.216
	Yashuhiro Hara Taiwan, kankoku ni okeru kokougyo seisankeiretsu no ginmi [in Japanese] July 2007

	No.215
	Young Gak Kim, Hyeog Ug Kwon and Kyoji Fukao Kigyo jigyosho no sannyu-taishutsu to sangyo level no seisansei [in Japanese] June 2007

	No.214
	Hyeog Ug Kwon Exprots, FDI, and Productivity: Evidence from Japanese Manufacturing Firms June 2007

	No.213
	Kazuhiko Hayakawa A Simple Efficient Instrumental Variable Estimator in Panel AR(p) Models May 2007

	No.212
	Kazuhiko Hayakawa The Bias-Corrected First-Difference Estimator in Dynamic Panel Data Models with Cross Section Dependence and Heteroscedasticity May 2007

	No.211
	Ralph Paprzycki The Determinants of and Prospects for Foreign Direct Investment in Japan May 2007

	No.210
	Kyoji Fukao The Performance of Foreign Firms and the Macroeconomic Impact of FDI May 2007

	No.209
	Yoshiko Nagano Philippine keizaishi kenkyu to kokumin keizai keisan -Kenkyushi ni tsuiteno oboegaki- [in Japanese] April 2007

	No.208
	Nagendra Shrestha Multi Country Vertical Specialization Dependence: A New Approach to the Vertical Specialization study March 2007

	No.207
	Yukako Murakami and Kyoji Fukao The Adjustment Speed of Employment at Foreign-Owned Firms March 2007

	No.206
	Ryo Kambayashi Onsite Research in the U.S. and Canada: Govemental Data Availability in Notrh America [in Japanese] March 2007

	No.205
	Takashi Kurosaki, Yasuyuki Sawada, Asit Banerji and S. N. Mishra Rural-Urban Migration and Urban Poverty: Socio-Economic Profiles of Rickshaw Pullers and Owner-Contractors in North-East Delhi March 2007

	No.204
	Kozo Kiyota and Miho Takizawa The Shadow of Death: Pre-exit Performance of Firms in Japan January 2007

	No.203
	Naohito Abe and Yessica C.Y. Chung Voluntary Information Disclosure and Corporate Governance The Empirical Evidence on Earnings Forecasts January 2007

	No.202
	Nobuaki Yamashita The Impact of Production Fragmentation on Industry Skill Upgrading: New Evidence from Japanese Manufacturing January 2007

	No.201
	Kazuyasu Sakamoto Familial Support for Unemployed Youth January 2007

	No.200
	Takahiro Ito Caste Discrimination and Transaction Costs in the Labor Market: Evidence from Rural North India January 2007

	No.199
	Fumio Makino Senzen chugoku ni okeru bukka, chingin: suikei to bunseki [in Japanese] December 2006

	No.198
	Kazuyasu Sakamoto and Yukinobu Kitamura Sedaikan kankei kara mita kekkon kodo [in Japanese] December 2006

	No.197
	Eiji Kurozumi and Kazuhiko Hayakawa Asymptotic Properties of the Efficient Estimators for Cointegrating Regression Models with Serially Dependent Errors December 2006

	No.196
	Kyoji Fukao and Osamu Saito Japan's alternating phases of growth and outlook for the future December 2006

	No.195
	Mataji Umemura Teishicchi deno suiden kaihatsu [in Japanese] December 2006

	No.194
	Kazuhiko Hayakawa and Eiji Kurozumi The Role of "Leads" in the Dynamic OLS Estimation of Cointegrating Regression Models December 2006

	No.193
	Prema-chandra Athukorala Multinational Enterprises and Manufacturing for Export in Developing Asian Countries: Emerging Patterns and Opportunities for Latecomers December 2006

	No.192
	Yukako Murakami and Kyoji Fukao Productivity Spillovers and the Entry of Foreign-Owned Firms: The Case of Japanese Manufacturing Firms November 2006

	No.191
	Kyoji Fukao, Keiko Ito, Shigesaburo Kabe, Deqiang Liu and Fumihide Takeuchi Are Japanese Firms Failing to Catch up in Localization? An Empirical Analysis Based on Affiliate-level Data of Japanese Firms and a Case Study of the Automobile Industry in China November 2006

	No.190
	Eiji Kurozumi and Yoichi Arai Test for the null hypothesis of cointegration with reduced size distortion November 2006

	No.189
	Daiji Kawaguchi, Ryo Kambayashi, Young Gak Kim, Hyeog Ug Kwon, Satoshi Shimizutani, Kyoji Fukao, Tatsuji Makino and Izumi Yokoyama Nenkochingin ha seisansei to kairishiteiruka: Kogyochosa, chinginkozokihonchosa kohyo data niyoru jissho bunseki [in Japanese] October 2006

	No.188
	Kyoji Fukao, Hyeog Ug Kwon and Miho Takizawa Gaishi ni yoru M&A ha yori takai performance wo motarasunoka [in Japanese] October 2006

	No.187
	Kyoji Fukao, Ryo Kambayashi, Daiji Kawaguchi, Hyeog Ug Kwon, Young Gak Kim, and Izumi Yokoyama Deferred Compensation: Evidence from Employer-Employee Matched Data from Japan October 2006

	No.186
	Somsupa Nopprach Supplier Selection in the Thai Automotive Industry October 2006

	No.185
	Hiroaki Chigira and Tsunemasa Shiba Bayesian Estimation of Unknown Heteroscedastic Variances September 2006

	No.184
	Yukinobu Kitamura Dynamic Consumption Behavior: Evidence from Japanese Household Panel Data September 2005, revised August 2006

	No.183
	Ryo Kambayashi, Daiji Kawaguchi and Izumi Yokoyama Wage Distribution in Japan: 1989-2003 August 2006

	No.182
	Satoshi Shimizutani and Izumi Yokoyama Has Japan's Long-term employment Practice Survived? New Evidence Emerging Since the 1990s August 2006

	No.181
	Dale W. Jorgenson and Khuong Vu Information Technology and The World Growth Resurgence August 2006

	No.180
	Kyoji Fukao, Young Gak Kim and Hyeog Ug Kwon Plant Turnover and TFP Dynamics in Japanese Manufacturing August 2006

	No.179
	Ryo Kambayashi and Yuko Ueno Vacancy Size and Offered Wage A Source of Search Friction in The Japanese Labor Market August 2006

	No.178
	In Choi and Timothy K. Chue Subsampling-Based Tests of Stock-Return Predictability July 2006

	No.177
	Hiroaki Chigira and Taku Yamamoto A Bias-Corrected Estimation for Dynamic Panel Models in Small Samples July 2006

	No.176
	Harry X. Wu The Chinese GDP Growth Rate Puzzle: How Fast Has the Chinese Economy Grown? July 2006

	No.175
	Robert Inklaar, Marcel P. Timmer and Bart van Ark Mind the gap! International comparisons of productivity in services and goods production July 2006, revised October 2006

	No.174
	Kyoji Fukao, Keikok Ito, Hyeg Ug Kwon and Miho Takizawa Cross-Border Acquisitons and Target Firms' Performance: Evidence from Japanese Firm-Level Data July 2006

	No.173
	Youri N. Ivanov On Compilation of Long Term Series of GDP for the Former USSR Republics July 2006

	No.172
	Tatiana A. Khomenko Estimation of Gross Social Product and Net Material Product in the USSR July 2006

	No.171
	Hak K. Pyo, Geun-Hee Rhee and Bongchan Ha Growth Accounting and Productivity Analysis by 33 Industrial Sectors in Korea (1984-2002) June 2006

	No.170
	Ruoen Ren and Haitao Zheng Chinese Manufacturing Performance from Multilateral Perspective: 1980-2004 June 2006, revised July 2006

	No.169
	Hiroaki Chigira and Taku Yamamoto Forcasting in large cointegrated processes June 2006

	No.168
	Hyeog Ug Kwon and Kyoji Fukao Ushinawareta 10 nen ni TFP josho ha naze teitaishitaka: Seizogyo data ni yoru jisshobunseki [in Jpanese] June 2006

	No.167
	Rene Belderbos, Kyoji Fukao and Hyeog Ug Kwon Intellectual Property Rights Protection and the Location of Research and Development Activities by Multinational Firms June 2006

	No.166
	Shiko Maruyama Welfare Analysis Incorporating a Structural Entry-Exit Model: A Case Study of Medicare HMOs June 2006

	No.165
	Noriko Inakura and Satoshi Shimizutani Interest Income and Household Savings: Evidence Based on the Maturation of Postal Savings Certificates May 2006

	No.164
	Yoshiko Nagano Senzen firipin no sensasu ni tsuite -"1903nen sensasu" to amerika tochi- [in Japanese] May 2006

	No.163
	Boris Lokshin, Rene Belderbos and Martin Carree Internal and external R&D： complements or substitutes? Evidence from a dynamic panel data model May 2006

	No.162
	Kyoji Fukao, Hyeog Ug Kwon and Miho Takizawa M&A to hibaishukigyo no pafomansu: Tainichi M&A to kokunaikigyokan M&A no hikaku [in Japanese] April 2006

	No.161
	Takahiro Ito and Takashi Kurosaki Weather Risk and the Off-Farm Labor Supply of Agricultural Households in India April 2006

	No.160
	Erik Feijen and Enrico Perotti The Political Economy of Financial Fragility March 2006

	No.159
	Maria Guadalupe and Francisco Perez-Gonzalez The Impact of Product Market Competition on Private Benefits of Control March 2006

	No.158
	Siddhartha G. Dastidar, Raymound Fisman and Tarun Khanna Limits to Policy Reversal: Privatization in India March 2006

	No.157
	Zekeriya Eser and Joe Peek Reciprocity and Network Coordination: Evidence from Japanese Banks March 2006

	No.156
	John M. de Figueiredo and Charles M. Cameron Endogenous Cost Lobbying: Theory and Evidence March 2006

	No.155
	Kuan-Pin Lin, Zhi-He Long and Mei Wu A Spatial Investigation of σ-Convergence in China March 2006

	No.154
	Tetsuro Narita Remittances to Latin America: Moving towards More Precise Data Collection March 2006

	No.153
	Masuyo Takahashi Nicchiki taiwan no tokeichosaseidoshi (ko) -Taiwan sotokufu no tokeichosajigyo, tokuni "Hokokurei" ni tsuite- [in Japanese] March 2006

	No.152
	Jean-Pierre Dormois Tracking the elusive French productivity lag in industry 1840-1973 March 2006

	No.151
	Rui Takahashi Betonamu ni okeru nogyosensasu no jisshi to sono hyoka -Nihon tono hikaku ni miru mondaiten- [in Japanese] March 2006

	No.150
	Yukihiko Kiyokawa and Jian Wang Senzennihon no chihotokeisoshiki no seiritsu to tokeichosain seido -Noshomutokei wo chushin ni- [in Japanese] March 2006

	No.149
	Bongchan Ha and Hak K. Pyo Data Structure of Korea for Estimating Productivity in KLEMS Model March 2006

	No.148
	Hiroaki Chigira and Taku Yamamoto Cointegration, Integration, and Long-Term Forcasting March 2006

	No.147
	Kyoji Fukao, Kozo Kiyota and Ximing Yue China's Long-Term International Trade Statistics: By Commodity, 1952-1964 and 1981-2000 March 2006

	No.146
	Ho-il Moon Shokuminchiki chosen no nanboku jinkouhi -Chosen sotokuhu kokuseichosasiryo no bunkatsu fomatto- [in Japanese] March 2006

	No.145
	Satoru Kanoh and Asuka Takeuchi An Analysis of Option Pricing in the Japanese Market March 2006

	No.144
	Tangjun Yuan Nokokan koekijoken no naigaikakakusa to shigen iten - Naze chugoku no nomin ha mazushiinoka - [in Japanese] February 2006

	No.143
	Yukako Murakami and Kyoji Fukao Inward Foreign Direct Investments and Productivity Growth in Japan February 2006

	No.142
	Tangjun Yuan Seisanyososhijo no bundan to bukkasuijun: Chugoku ni okeru hiboekizai boekizai no sotaikakaku ni kansuru bunseki [in Japanese] February 2006

	No.141
	Ralph Paprzycki The Impact of Foreign Direct Investment in Japan: Case Studies of the Automobile, Finance, and Health Care Industries February 2006

	No.140
	Rene Belderbos, Kyoji Fukao and Tomoko Iwasa Foreign and Domestic R&D Investment February 2006

	No.139
	Osamu Saito and Tokihiko Settsu Money, credit and Smithian growth in Tokugawa Japan February 2006

	No.138
	Yukako Murakami Are Multinational Enterprises More Productive? A Test of the Selection Hypothesis February 2006

	No.137
	Satoru Kanoh and Chakkrit Pumpaisanchai Listening to the Market: Estimating Credit Demand and Supply from Survey Data February 2006

	No.136
	Shunsuke Sakamoto Parental Attitudes toward Children and Child Labor: Evidence from Rural India January 2006

	No.135
	Osamu Saito Land, labour and market forces in Tokugawa Japan January 2006

	No.134
	Takashi Kurosaki Labor Contracts, Incentives, and Food Security in Rural Myanmar January 2006

	No.133
	Kyoji Fukao, Hyeog Ug Kwon and Miho Takizawa Tainichi Kokunai Kigyokan M&A to Hibaisyukigyo no performance [in Japanese] January 2006

	No.132
	Kyoji Fukao, Debin Ma and Tangjun Yuan Real GDP in Pre-War East Asia: A 1934-36 Benchmark Purchasing Power Parity Comparison with the U.S. January 2006

	No.131
	Eiji Ogawa and Junko Shimizu AMU Deviation Indicator for Coordinated Exchange Rate Policies in East Asia and its Relation with Effective Exchange Rates January 2006

	No.130
	Kazuhiko Hayakawa Efficient GMM Estimation of Dynamic Panel Data Models Where Large Heterogeneity May Be Present January 2006

	No.129
	Kazuhiko Hayakawa The Asymptotic Properties of the System GMM Estimator in Dynamic Panel Data Models When Both N and T are Large January 2006

	No.128
	Takeshi Miyazaki Shichoson Gappei niha Saishutsu Sakugen koka ga arunoka [in Japanese] November 2005

	No.127
	Satoru Kanoh A Further Extension of Duration Dependent Models November 2005

	No.126
	Hiroaki Chigira A Test of Cointegration Rank Based on Principal Component Analysis November 2005, revised January 2006

	No.125
	Noriko Inakura, Satoshi Shimizutani and Ralph Paprzycki Deposit Insurance and Depositor Discipline: Direct Evidence on Bank Switching Behavior in Japan October 2005

	No.124
	Yukinobu Kitamura and Takeshi Miyazaki Kekkon Keikenritsu to Syussyoryoku no Chiikikan Kakusa:Jissyoteki Survey [in Japanese] October 2005

	No.123
	Toshiyuki Mizoguchi Estimates of the Long-run Economic Growth of Taiwan Based on Revised SNA (1901-2000) Statistics October 2005

	No.122
	Tomohiko Inui and Hyeog Ug Kwon Nihon Seizogyo niokeru R&D Katsudo to Seisansei: Kigyo Level Data niyoru Jissyobunseki [in Japanese] October 2005

	No.121
	Thee Kian Wie Policies Affecting Indonesia’s Industrial Technology Development September 2005

	No.120
	Hak Kil Pyo and Bongchan Ha Technology and Long-run Economic Growth in Korea September 2005

	No.119
	Daan Marks Reconstruction of the Service Sector in the National Accounts of Indonesia 1900-2000: Concepts and Methods September 2005

	No.118
	Toru Kubo Industrial Development in Republican China,Newly Revised Index: 1912-1948 September 2005

	No.117
	Prema-chandra Athukorala and Archanun Kohpaiboon The International Allocation of R&D Activity by US Multinationals: The East Asian Experience in Comparative Perspective September 2005

	No.116
	Yukinobu Kitamura Dynamic Consumption Behavior: Evidence from Japanese Household Panel Data This paper was revised. Please see No. 184 September 2005

	No.115
	Keiko Ito and Kyoji Fukao The Vertical Division of Labor and Japanese Outward FDI: Impacts on Human Capital Deepening in Japan [in Japanese] September 2005

	No.114
	Jean-Pascal Bassino Regional and personal inequality in welfare in pre-WWII Japan (1892-1941): Physical stature, income, and health September 2005

	No.113
	Kazuyasu Sakamoto Kariire Seiyaku to Oya karano Iten [in Japanese] September 2005

	No.112
	Hyeog Ug Kwon, Keiko Ito and Kyoji Fukao Gaishikei Kigyo ha Nigeashi ga Hayainoka?： Jigyosyo no Taisyutsu to Koyo Seityoritsu nikansuru Jissyobunseki [in Japanese] September 2005, revised September 2006

	No.111
	Takahiro Ito Tojyokoku ni okeru Kakei no Rodohaibun Kettei to Risk:India Uttar Pradesh oyobi Bihar no Noka no jirei [in Japanese] August 2005

	No.110
	Daiji Kawaguchi and Junko Miyazaki Working Mothers and Sons' Preferences Regarding Female Labor: Direct Evidence from stated Preferences August 2005

	No.109
	Masahiro Hori and Satoshi Shimizutani Did Japanese Consumers Become More Prudent During 1998-1999? Evidence From Household Level Data August 2005

	No.108
	Tsutomu Miyagawa, Yukie Sakuragawa and Miho Takizawa Productivity and the Business Cycle in Japan: Evidence from Japanese Industry Data July 2005

	No.107
	Takeshi Miyazaki Chihoujichitai no Saisyutsu Kouzou to Shityouson Gappei:Gappei Sokushinhou to Kanrenshite [in Japanese] June 2005

	No.106
	Daiji Kawaguchi and Hisahiro Naito The efficient moment estimation of the probit model with an endogenous continuous regressor June 2005

	No.105
	Heather Montgomery and Satoshi Shimizutani The Effectiveness of Bank Recapitalization in Japan June 2005

	No.104
	Gary Saxonhouse Good Deflation/Bad Deflation and Japanese Economic Recovery June 2005

	No.103
	Ronald McKinnon Exchange Rate or Wage Changes in International Adjustment? Japan and China versus the United States June 2005

	No.102
	Masahiro Kawai Reform of the Japanese Banking System June 2005

	No.101
	Koichiro Kamada and Izumi Takagawa Policy Coordination in East Asia and across the Pacific June 2005

	No.100
	Takatoshi Ito Interventions and Japanese Economic Recovery June 2005

	No.99
	Toshihiro Ihori and Atsushi Nakamoto Japan’s Fiscal Policy and Fiscal Reconstruction June 2005

	No.98
	Masahiro Hori and Satoshi Shimizutani Price Expectations and Consumption under Deflation: Evidence from Japanese Household Survey Data June 2005

	No.97
	Koichi Hamada and Asahi Noguchi The Role of Preconceived Ideas in Macroeconomic Policy: Japan's Experiences in Two Deflationary Periods June 2005

	No.96
	Willem H. Buiter Overcoming the Zero Bound on Nominal Interest Rates: Gesell's Currency Carry Tax vs. Eisler's Parallel Virtual Currency. June 2005

	No.95
	Alan G. Ahearne and Naoki Shinada Zombie Firms and Economic Stagnation in Japan June 2005

	No.94
	Mitsuhiro Fukao The Effects of ‘Gesell’ (Currency) Taxes in Promoting Japan’s Economic Recovery June 2005

	No.93
	Rasmus Fatum and Michael M. Hutchison Foreign Exchange Intervention and Monetary Policy in Japan, 2003-04 June 2005

	No.92
	Naohito Abe and Satoshi Shimizutani Employment Policy and Corporate Governance: An Empirical Comparison of the Stakeholder versus the Profit-Maximization model June 2005

	No.91
	Yasuyuki Todo and Satoshi Shimizutani Overseas R&D Activities by Multinational Enterprises: Evidence from Japanese Firm-Level Data May 2005

	No.90
	Isao Ohashi Koureisya no Koyou Kouzou :Jigyousyo Bunseki [in Japanese] May 2005

	No.89
	Masuyo Takahashi Taiwan Toukei Zasshi Soumokuji Kaidai [in Japanese] May 2005

	No.88
	Hyeog Ug Kwon, Kyoji Fukao and Keiko Ito Tainichi Tyokusetsutousi ha Nihon no Seisanseikoujyou wo motarasuka? Kigyoukatudou Kihontyousa Kohyoudata ni motozuku Jissyoubunseki [in Japanese] April 2005

	No.87
	Haruko Noguchi and Satoshi Shimizutani Do Non-Profit Operators Provide Higher Quality of Care? Evidence from Micro-Level Data for Japan’s Long-term Care Industry April 2005

	No.86
	Lee Branstetter and Reiko Aoki Is Academic Science Raising Innovative Productivity? Theory and Evidence from Firm-Level Data April 2005

	No.85
	Reiko Aoki and Tomoko Saiki Implications of Product Patents : Lessons from Japan April 2005

	No.84
	Ralph Paprzycki and Kyoji Fukao The Extent and History of Foreign Direct Investment in Japan April 2005

	No.83
	Noriko Inakura and Satoshi Shimizutani Yokin Hoken Seido Pay-off Kaikin to Yokinsya Kiritsu:Kakei no Microdata niyoru Azukekae Koudou no Kensyou [in Japanese] April 2005

	No.82
	Kazuhiko Hayakawa Small Sample Bias Properties of the System GMM Estimator in Dynamic Panel Data Models April 2005

	No.81
	Masuyo Takahashi Taiwan Toukei Zasshi Kyoukai wo megutte:Nicchisyoki Taiwan Toukei Jigyou to Mizushina Sitisaburo [in Japanese] March 2005

	No.80
	Takashi Kurosaki Crop Choice, Farm Income, and Political Relations in Myanmar March 2005

	No.79
	Tomohiro Machikita Career Crisis? The Impacts of Financial Shock on Entry-Level Labour Market: Experimental Evidences from Thailand in 1997 February 2005

	No.78
	Tomohiro Machikita Is Learning by Migrating in Megalopolis Really Important? February 2005

	No.77
	Hosung Jung A Test for Autocorrelation in Dynamic Panel Data Models February 2005

	No.76
	Haruko Noguchi and Satoshi Shimizutani Nonprofit/For-Profit Status and Earning Differentials in the Japanese At-home Elderly Care Industry: Evidence from Micro-level Data on Home Helpers and Staff Nurses February 2005

	No.75
	Reiko Aoki and Sadao Nagaoka The Utility Standard and the Patentability of Intermediate Technology February 2005

	No.74
	Tetsuro Narita Toshi Reisai Jieigyou Kakei to Sinyou Sijyou:Nousonbumon deno Kenkyu Chikuseki karano Tenbou [in Japanese] February 2005

	No.73
	Haruko Noguchi and Satoshi Shimizutani Nonprofit and For-profit Providers in Japan’s At-home Care Industry: Evidence on Quality of Service and Household Choice February 2005

	No.72
	Rene Belderbos and Jianglei Zou Divesture of Foreign Manufacturing Affiliates: Country Platforms, Multinational Plant Networks, and Foreign Investor Agglomeration January 2005

	No.71
	Kyosuke Kurita Thai, Philippine, India niokeru Syouhi no Fubyoudou: Kakei Tyousa Microdata wo Motiita Gakurekibetu Kyojyuutiikibetu Nenreikouka no Kensyou [in Japanese] January 2005

	No.70
	Masayo Shikimi (Tomiyama) Multiple Banking Relationships Are Beneficial? Evidence from the Japanese Small and Medium Sized Firms January 2005

	No.69
	Hiroaki Chigira A Test of Serial Independence of Deviations from Cointegrating Relations January 2005

	No.68
	Osamu Saito and Mihoko Takahama with Ryuichi Kaneko Contrasts in Vital Rates: Madras and Punjab in the Colonial Period January 2005

	No.67
	Haruko Noguchi and Satoshi Shimizutani The Determinants of Exit from Nursing Homes and the Price Elasticity of Nursing Home Care: Evidence from Japanese Micro-level Data January 2005

	No.66
	Kyoji Fukao, Debin Ma, and Tangjun Yuan International Comparison in Historical Perspective: Reconstructing the 1934-36 Benchmark Purchasing Power Parity for Japan, Korea and Taiwan January 2005

	No.64
	Eiichi Tomiura Foreign outsourcing and firm-level characteristics: evidence from Japanese manufacturers December 2004

	No.63
	Drusilla K. Brown, Kozo Kiyota and Robert M. Stern Computational Analysis of the Menu of U.S.-Japan Trade Policies December 2004

	No.62
	Arata Kuno An Evaluation of Japan's First Safeguards Actions December 2004

	No.61
	Thomas J. Prusa East Asia’s Antidumping Problem December 2004

	No.60
	Sadao Nagaoka Determinants of high-royalty contracts and the impact of stronger protection of intellectual property rights in Japan December 2004

	No.59
	Keith E. Maskus Intellectual Property Rights in Agriculture and the Interests of Asian-Pacific Economies December 2004

	No.58
	Keith Head and John Ries Judging Japan’s FDI: The verdict from a dartboard model December 2004

	No.57
	Theresa M. Greaney Measuring network effects on trade: are Japanese affiliates distinctive? December 2004

	No.56
	Alan V. Deardorff Trade and location: A moving example motivated by Japan December 2004

	No.55
	Ichiro Araki The Evolution of Japan’s Aggressive Legalism December 2004

	No.54
	Masayoshi Honma WTO Negotiations and Other Agricultural Trade Issues in Japan December 2004

	No.53
	Robert E. Baldwin Failure of the WTO Ministerial Conference at Cancun: Reasons and Remedies December 2004

	No.52
	Manabu Ozeki Taisyou Syoki no Sonmin Keizai Keisan:Yamanashiken Tyousonze niyoru Suikei no Kokoromi [in Japanese] December 2004

	No.51
	Keiko Ito Productivity, Keiretsu, and Agglomeration in the Japanese Automobile Industry: An Empirical Analysis Based on Micro-Data of Census of Manufactures 1981-1996 December 2004

	No.50
	Kyoji Fukao and Hyeog Ug Kwon Why Did Japan’s TFP Growth Slow Down in the Lost Decade?: An Empirical Analysis Based on Firm-Level Data of Manufacturing Firms December 2004

	No.48
	Kyosuke Kurita Keizai seityou, Fubyoudou, Hinkon: Thai, Phillipines no Kenbetsu Panel data ni yoru Keiryou Bunseki [in Japanese] November 2004

	No.47
	Ho-il Moon Chosen minsyusyugi jinmin kyowakoku Jinko suikei kenkyu note [in Japanese] November 2004

	No.46
	Takashi Kurosaki and Humayun Khan Effects of Human Capital on Farm and Non-Farm Productivity and Occupational Stratification in Rural Pakistan November 2004

	No.47
	Akira Uegaki Tyousen Minsyusyugikyouwakoku jinKyuu Soren no Boueki Toukei no SITC Rev.3 eno Tenkan [in Japanese] November 2004

	No.45
	Junko Shimizu and Eiji Ogawa Risk Properties of AMU denominated Asian Bonds November 2004

	No.44
	Eiji Ogawa and Takeshi Kudo How much depreciation of the US dollar for sustainability of the current accounts? November 2004

	No.43
	Akifumi Isogai, Satoru Kanoh, and Toshifumi Tokunaga An Extension of the Markov-Switching Model with Time-Varying Transition Probabilities: Bull-Bear Analysis of the Japanese Stock Market November 2004

	No.42
	Kyoji Fukao, Kiyohiko G. Nishimura, Qing-Yuan Sui and Masayo Tomiyama Japanese Banks’ Monitoring Activities and the Performance of Borrower Firms: 1981-1996 October 2004

	No.41
	Kyoji Fukao, Keiko Ito and Hyeog Ug Kwon Do Out-In M&As Bring Higher TFP to Japan?: An Empirical Analysis Based on Micro-data on Japanese Manufacturing Firms September 2004

	No.40
	Isao Ohashi Wages, Hours of Work and Job Satisfaction of the Elderly September 2004

	No.39
	Ralph Paprzycki and Kyoji Fukao Overcoming economic stagnation in Japan: The importance of total factor productivity and the potential contribution of foreign direct investment August 2004

	No.38
	Naohito Abe and Taehun Jung Cross-Shareholdings, Outside Directors, and Managerial Turnover: The Case of Japan August 2004

	No.37
	Naohito Abe and Tomoaki Yamada Life-Cycle Model and Consumption: Structural Estimation of Precautionary and Life-Cycle Motives [in Japanese] August 2004

	No.36
	Hyeog Ug Kwon International R&D Spillovers between Korean and Japanese Manufacturing Industries August 2004

	No.35
	Takeo Hoshi and Anil K Kashyap Solutions to the Japanese Banking Crisis:What might work and what definitely will fail July 2004

	No.34
	Akira Uegaki Kyuu Soren no Boueki Toukei no SITC Rev.3 eno Tenkan [in Japanese] June 2004

	No.33
	Kyoji Fukao and Hyeog Ug Kwon Japan’s Productivity and Economic Growth:an Empirical Analysis Based on Industry-Level and Firm-Level Data [in Japanese] May 2004

	No.32
	Reiko Aoki and Sadao Nagaoka The Consortium Standard and Patent Pools May 2004

	No.31
	Ralph Paprzycki What Caused the Recent Surge of FDI into Japan? April 2004

	No.30
	Jian Wang & Yukihiko Kiyokawa Senzen Chugoku no Toukei kikou to Seifu toukei [in Japanese] April 2004

	No.29
	Tsutomu Miyagawa, Hideki Toya & Tatsuji Makino Asia syokoku no kinkou kawase rate [in Japanese] April 2004

	No.28
	Yoko Takahashi & Tatsuji Makino Labor Input Data of the JIP Database April 2004

	No.27
	Shigeru Ishiwata Estimating Gross Value Added in Indonesian Manufacturing Industries, 1917-1940 April 2004

	No.26
	Masayuki Nakakuki, Akira Otani and Shigenori Shiratsuka Distortions in Factor Markets and Structural Adjustments in the Economy April 2004

	No.25
	Masahiro Abe and Isao Ohashi Inter-Industry and Firm Size Effects on Wage Differentials and Efficiency Wages in Japan April 2004

	No.24
	Kyoji Fukao and Toshihiro Okubo Why Has the Border Effect in the Japanese Market Declined?: The Role of Business Networks in East Asia March 2004

	No.23
	Takashi Kurosaki, Ikuko Okamoto, Kyosuke Kurita and Koichi Fujita Rich Periphery, Poor Center: Myanmar's Rural Economy under Partial Transition to a Market Economy March 2004

	No.22
	Hak K Pyo, Keun- Hee Rhee, and Bong Chan Ha Growth Accounting, Productivity Analysis, and Purchasing Power Parity in Korea (1984-2000) March 2004

	No.21
	Hiromi Nosaka The effects of land price on the quality of capital and maulti-factor productivity March 2004

	No.20
	Joji Tokui Gaishi sannyu ni yoru seisansei spillover kouka wa donoyouna sangyo de okorunoka (in Japanese) March 2004

	No.19
	Kyoji Fukao, Tomohiko Inui, Hiroki Kawai & Tsutomu Miyagawa Sectoral Productivity and Economic Growth in Japan, 1970-98: An Empirical Analysis Based on the JIP Database March 2004

	No.18
	Hideki Toya, Kaoru Hosono & Tatsuji Makino Human Capital, Migration, and Regional Income Convergence in the Philippines March 2004

	No.17
	Norifumi Yukutake & Isao Ohashi Kikon josei no rodo kyokyu kodo: Odanmen to jikeiretsu [in Japanese] March 2004

	No.16
	Hyeog Ug Kwon Productivity growth and R&D spillovers in Japanese manufacturing industry February 2004

	No.15
	Hyeog Ug Kwon Productivity Growth and R&D Spillovers from University to Industry February 2004

	No.14
	Kazuyuki Motohashi Firm level analysis of information network use and productivity in Japan February 2004

	No.13
	Naohito Abe Managerial Incentive Mechanisms and Turnover of Company Presidents and Directors in Japan February 2004

	No.12
	Kyoji Fukao, Ximing Yue, Kozo Kiyota Chugoku Shohinbetsu Boekitokei no Sakusei: 1952-1964nen oyobi 1981-2000nen [in Japanese] January 2004

	No.11
	Naoya Katayama Seasonally and Fractionally Differenced Time Series January 2004, revised August 2006

	No.10
	Naoya Katayama Asymptotic Prediction Mean Squared Error for Strongly Dependent Processes with Estimated Parameters January 2004, revised September 2006

	No.9
	Kyoji Fukao, Debin Ma, Tangjun Yuan Choki tokei ni okeru kokusai hikaku: 1934-36nen ni okeru nihon-taiwan-chosen no kobairyoku heika to jisshitsu suijun (International Comparison in Historical Perspective: Reconstructing the 1934-36 Benchmark Purchasing Power Parity for Japan, Korea and Taiwan) [in Japanese] December 2003

	No.8
	Kyoji Fukao, Goushi Kataoka & Arata Kuno How to Measure Non-tariff Barriers? A Critical Examination of the Price-Differential Approach December 2003

	No.7
	Hiroaki Chigira & Taku Yamamoto The Granger Non-Causality Test in Cointegrated Vector Autoregressions December 2003

	No.6
	Eiji Ogawa & Kentaro Kawasaki What should be weights on the three major currencies for a common currency basket in East Asia? December 2003

	No.5
	Eiji Ogawa & Junko Shimizu Trade-off for common currency basket denominated bonds in East Asia December 2003

	No.4
	Kyoji Fukao & Yukako Murakami Do Foreign Firms Bring Greater Total Factor Productivity to Japan? October 2003

	No.3
	Keiko Ito & Kyoji Fukao Physical and Human Capital Deepening and New Trade Patterns in Japan November 2003

	No.2
	Osamu Saito Wages, inequality and pre-modern growth in Japan, 1727-1894 December 2003

	No.1
	Taku Yamamoto & Eiji Kurozumi Tests for Long-Run Granger Non-Causality in Cointegrated Systems December 2003