Keio Economic Observatory(KEO)

Research output

Research output per year 2004 2014 2017 2020 2022 2023 2024

• 59 Article
• 12 Chapter
• 4 Comment/debate
• 1 Book
• 1 More
  • 1 Review article

Research output per year

Research output per year

Search results

• 2024

  Improving the SNA: Alternative measures of output, input, income, and productivity

  Diewert, W. E., Nomura, K. & Shimizu, C., 2024 Dec, In: Review of Income and Wealth. 70, 4, p. 1142-1189 48 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • System of National Accounts 100%
  • Production Sector 100%
  • National Accounts 100%
  • China 50%
  • TFP Growth 50%

• Intermediate Goods-Skill Complementarity

  Kiyota, K. & Kurokawa, Y., 2024 Jan 1, In: B.E. Journal of Macroeconomics. 24, 1, p. 149-186 38 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Intermediate Goods 100%
  • Skill Complementarity 100%
  • Unskilled Labour 44%
  • Skilled Labor 33%
  • Manufacturing Industry 22%

• On large market asymptotics for spatial price competition models

  Otsu, T. & Sunada, K., 2024 Jan, In: Economics Letters. 234, 111468.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Price Competition 100%
  • Large Markets 100%
  • Spatial Price Competition 100%
  • Consistent Estimator 50%
  • Asymptotic Results 50%
• 2023

  Empirical likelihood inference for monotone index model

  Otsu, T., Takahata, K. & Xu, M., 2023 Jun, In: Japanese Journal of Statistics and Data Science. 6, 1, p. 103-114 12 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Monotone Index Model 100%
  • Modified Score Function 33%
  • Bootstrap Calibration 33%
  • Recentering 33%
  • Empirical Likelihood Function 25%

• Foreign direct investment and labor demand by skill in Indonesian manufacturing firms

  Matsuura, T. & Saito, H., 2023 Nov, In: Review of World Economics. 159, 4, p. 921-941 21 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Foreign Direct Investment 100%
  • Local Firms 100%
  • Labor Demand 100%
  • Investment Demand 100%
  • Direct Labor 100%
  1 Citation (Scopus)

• Intrafirm trade, input–output linkage, and contractual frictions: evidence from Japanese affiliate-level data

  Matsuura, T., Ito, B. & Tomiura, E., 2023 Feb, In: Review of World Economics. 159, 1, p. 133-152 20 p.

  Research output: Contribution to journal › Article › peer-review

  • Input-output 100%
  • Firm-to-firm Trade 100%
  • Contractual Frictions 100%
  • Developing Countries 100%
  • Transnational Corporation 100%

• Quantifying the costs of utilising regional trade agreements

  Hayakawa, K., Jinji, N., Laksanapanyakul, N., Matsuura, T. & Yoshimi, T., 2023 Dec, In: World Economy. 46, 12, p. 3542-3570 29 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Adjustment Costs 100%
  • Fixed Costs 100%
  • Regional Trade Agreements 100%
  • China 100%
  • Median 100%

• Spatially uneven pace of deindustrialisation within a country

  Kiyota, K., 2023 Jul, In: World Economy. 46, 7, p. 2187-2230 44 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Industry 100%
  • Industrialized Countries 100%
  • Foreign Investment 100%
  • Manufacturing Industry 100%
  • Investment 100%

• The growing impact of ICT productivity via the cost of capital: Evidence from the U.S. and Japan

  Ho, M. S., Nomura, K. & Samuels, J. D., 2023 Oct, In: Telecommunications Policy. 47, 9, 102635.

  Research output: Contribution to journal › Article › peer-review

  • Japan 100%
  • Cost of Capital 100%
  • ICT Impact 100%
  • Productivity Change 100%
  • Total Factor Productivity Growth 50%
• 2022

  Adjusting to China competition: Evidence from Japanese plant-product-level data

  Bellone, F., Hazir, C. S. & Matsuura, T., 2022 Aug, In: Review of International Economics. 30, 3, p. 732-763 32 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • China 100%
  • Manufacturing Plant 100%
  • Japanese Manufacturing 100%
  • Product-level Data 100%
  • Plant Products 100%

• Empirical likelihood inference for Oaxaca–Blinder decomposition

  Otsu, T. & Tanaka, S., 2022 Oct, In: Economics Letters. 219, 110812.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Inference Methods 100%
  • Empirical Likelihood Inference 100%
  • Empirical Likelihood 100%
  • Inference Method 66%
  • Delta Method 50%

• Factor intensity reversals redux: Feenstra is right!

  Kiyota, K. & Kurokawa, Y., 2022 Sept, In: Review of International Economics. 30, 4, p. 885-914 30 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Factor Intensity 100%
  • Redux 100%
  • Industry Level 42%
  • Industry 42%
  • Country Regions 28%
  2 Citations (Scopus)

• Heterogeneous impact of import competition on firm organisation: Evidence from Japanese firm-level data

  Matsuura, T., 2022 Jul, In: World Economy. 45, 7, p. 2251-2269 19 p.

  Research output: Contribution to journal › Article › peer-review

  • Japanese Firms 100%
  • Firm-level Data 100%
  • Import Competition 100%
  • Heterogeneous Treatment Effects 100%
  • Firm Organization 100%
  1 Citation (Scopus)

• Inference on conditional moment restriction models with generated variables

  Kimoto, R. & Otsu, T., 2022 Jun, In: Economics Letters. 215, 110454.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Conditional Moment Restrictions 100%
  • Moment Restriction Models 100%
  • Simulation Result 100%
  • Illustrates 100%
  • Conditionals 100%

• Inference on incomplete information games with multi-dimensional actions

  Tomiyama, H. & Otsu, T., 2022 Jun, In: Economics Letters. 215, 110440.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Testable Restrictions 100%
  • Payoff Function 100%
  • Covariance Constraints 100%
  • Imperfect Information Game 100%
  • Uniqueness of Equilibrium 100%
  1 Citation (Scopus)

• Political conflict and angry consumers: Evaluating the regional impacts of a consumer boycott on travel services trade

  Ahn, J. B., Greaney, T. M. & Kiyota, K., 2022 Sept, In: Journal of The Japanese and International Economies. 65, 101216.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Services Trade 100%
  • Political Conflict 100%
  • Regional Effects 100%
  • Travel Services 100%
  • Consumer Boycott 100%
  8 Citations (Scopus)

• The COVID-19 pandemic and domestic travel subsidies

  Matsuura, T. & Saito, H., 2022 Jan, In: Annals of Tourism Research. 92, 103326.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Severely Affected 100%
  • Subsidies 100%
  • COVID-19 Pandemic 100%
  • Domestic Travel 100%
  • Tourist Flow 100%
  54 Citations (Scopus)

• The COVID-19 pandemic and the world trade network

  Kiyota, K., 2022 Feb, In: Journal of Asian Economics. 78, 101419.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Association of Southeast Asian Nations (ASEAN) 100%
  • COVID-19 Pandemic 100%
  • World Trade Network 100%
  • International Economy 100%
  • China 33%
  23 Citations (Scopus)

• Welfare gains through globalization: Evidence from Japan's manufacturing sector

  Aoyagi, T., Ito, T. & Matsuura, T., 2022 Jun, In: Journal of The Japanese and International Economies. 64, 101193.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Japan 100%
  • Manufacturing Sector 100%
  • Welfare Gains 100%
  • Welfare 100%
  • Elasticity of Substitution 50%
  1 Citation (Scopus)
• 2021

  Sample sensitivity for two-step and continuous updating GMM estimators

  Onishi, R. & Otsu, T., 2021 Jan, In: Economics Letters. 198, 109685.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Continuous Updating 100%
  • Weight Matrix 100%
  1 Citation (Scopus)

• The China syndrome: A cross-country evidence

  Kiyota, K., Maruyama, S. & Taniguchi, M., 2021 Sept, In: World Economy. 44, 9, p. 2758-2792 35 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • China 100%
  • Cross-country Evidence 100%
  • Industrialized Countries 100%
  • Negative Effects 66%
  • Advanced Countries 66%
  5 Citations (Scopus)
• 2020

  Do regional trade agreements really help global value chains develop? evidence from Thailand

  Hayakawa, K., Laksanapanyakul, N. & Matsuura, T., 2020 Dec, In: Journal of The Japanese and International Economies. 58, 101092.

  Research output: Contribution to journal › Article › peer-review

  • Thailand 100%
  • Regional Trade Agreements 100%
  • Global Value Chains 100%
  • Value Chain 100%
  • Thai 100%
  3 Citations (Scopus)

• Japan's outward FDI potential

  Greaney, T. M. & Kiyota, K., 2020 Sept, In: Journal of The Japanese and International Economies. 57, 101073.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Japan 100%
  • Outward FDI 100%
  • Organisation for Economic Co-Operation and Development 100%
  • OECD Countries 28%
  • FDI Stock 28%
  8 Citations (Scopus)

• Kolmogorov–Smirnov type test for generated variables

  Otsu, T. & Taniguchi, G., 2020 Oct, In: Economics Letters. 195, 109401.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Homogeneity Testing 100%
  • Estimated Value 100%
  • Distribution Homogeneity 50%
  19 Citations (Scopus)

• Multinationals, intra-firm trade and employment volatility

  Kiyota, K., Matsuura, T. & Higuchi, Y., 2020 Aug 1, In: Canadian Journal of Economics. 53, 3, p. 982-1015 34 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Firm-to-firm Trade 100%
  • Commerce 100%
  • Terms of Trade Volatility 100%
  • Employment Volatility 100%
  • Firm-level Employment 100%
  1 Citation (Scopus)

• Revisiting complementarity between Japanese FDI and the import of intermediate goods: Agglomeration effects and parent-firm heterogeneity

  Ito, T., Matsuura, T. & Yang, C. H., 2020 Oct 1, In: Asian Economic Papers. 19, 3, p. 90-106 17 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Foreign Direct Investment 100%
  • Firm Heterogeneity 100%
  • Parent Firm 100%
  • Agglomeration Effect 100%
  • Intermediate Goods 100%
  3 Citations (Scopus)

• The gravity model and trade in intermediate inputs

  Greaney, T. M. & Kiyota, K., 2020 Aug 1, In: World Economy. 43, 8, p. 2034-2049 16 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Gravity Model 100%
  • Trade in Intermediate Inputs 100%
  • Intermediate Good 100%
  • Intermediate Inputs 75%
  • Final Goods 75%
  20 Citations (Scopus)
• 2019

  Potential for inward foreign direct investment in Japan

  Hoshi, T. & Kiyota, K., 2019 Jun, In: Journal of The Japanese and International Economies. 52, p. 32-52 21 p.

  Research output: Contribution to journal › Article › peer-review

  • Japan 100%
  • Inward Foreign Direct Investment 100%
  • Foreign Investment 100%
  • Destination Country 66%
  • Abenomics 50%
  10 Citations (Scopus)

• R&D and patenting activities of foreign firms in China: The case of Japan

  Yang, C. H., Matsuura, T. & Ito, T., 2019 Mar, In: Japan and The World Economy. 49, p. 151-160 10 p.

  Research output: Contribution to journal › Article › peer-review

  • Japan 100%
  • China 100%
  • Foreign Firms 100%
  • Development Activities 100%
  • Patent Activity 100%
  12 Citations (Scopus)

• WHAT'S BEHIND THE FIGURES? QUANTIFYING THE CROSS-COUNTRY EXPORTER PRODUCTIVITY GAP

  Kiyota, K., Matsuura, T. & Nesta, L., 2019 Jul, In: Economic Inquiry. 57, 3, p. 1256-1271 16 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Exporters 100%
  • Productivity Gap 100%
  • Allocative Efficiency 100%
  • Firm-Level Data 100%
  • Fixed Costs 100%
  2 Citations (Scopus)
• 2018

  Labor market imperfections, markups and productivity in multinationals and exporters

  Dobbelaere, S. & Kiyota, K., 2018 Aug, In: Labour Economics. 53, p. 198-212 15 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Product Market 100%
  • Exporters 100%
  • Labor Market Imperfections 100%
  • Incomplete Market 100%
  • Labor Market 100%
  20 Citations (Scopus)

• On the demand for female workers in Japan: The role of ICT and offshoring

  Kiyota, K. & Maruyama, S., 2018 Jun 1, In: Asian Economic Papers. 17, 2, p. 25-46 22 p.

  Research output: Contribution to journal › Article › peer-review

  • Japan 100%
  • Information Communication Technology 100%
  • Female Workers 100%
  • Information Role 100%
  • Information and Communication Technologies 100%
  6 Citations (Scopus)
• 2017

  Does Trade Liberalization Boost Quality Upgrading? Evidence From Indonesian Plant-Product-Level Data

  Hayakawa, K., Matsuura, T. & Takii, S., 2017 Sept, In: Developing Economies. 55, 3, p. 171-188 18 p.

  Research output: Contribution to journal › Article › peer-review

  • Product Quality 100%
  • Trade Liberalization 100%
  • Indonesian Plants 100%
  • Product-level Data 100%
  • Plant Products 100%
  7 Citations (Scopus)

• FTA use in export-platform FDI: Evidence from exports to China by Japanese affiliates in ASEAN

  Hayakawa, K. & Matsuura, T., 2017 Aug, In: Journal of Southeast Asian Economies. 34, 2, p. 266-282 17 p.

  Research output: Contribution to journal › Article › peer-review

  • Foreign Direct Investment 100%
  • Small to Medium Size Enterprises 100%
  • Association of Southeast Asian Nations (ASEAN) 100%
  • China's Exports 100%
  • Third Countries 100%
  3 Citations (Scopus)

• ICT, offshoring, and the demand for part-time workers: The case of Japanese manufacturing

  Kiyota, K. & Maruyama, S., 2017 Feb 1, In: Journal of Asian Economics. 48, p. 75-86 12 p.

  Research output: Contribution to journal › Article › peer-review

  • Low-wage Workers 100%
  • Part-time Workers 100%
  • Information Communication Technology 100%
  • Japanese Manufacturing 100%
  • Part-Time Worker 100%
  4 Citations (Scopus)

• The effect of moving to a territorial tax system on profit repatriation: Evidence from Japan

  Hasegawa, M. & Kiyota, K., 2017 Sept, In: Journal of Public Economics. 153, p. 92-110 19 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Japan 100%
  • Profit Repatriation 100%
  • Territorial Tax System 100%
  • Dividend Exemption 100%
  • Repatriation 100%
  31 Citations (Scopus)

• The Global Value Chain and the Competitiveness of Asian Countries

  Kiyota, K., Oikawa, K. & Yoshioka, K., 2017 Nov 1, In: Asian Economic Papers. 16, 3, p. 257-281 25 p.

  Research output: Contribution to journal › Article › peer-review

  • Asian Countries 100%
  • Global Value Chains 100%
  • Industry 50%
  • Japan 25%
  • Indonesia 25%
  9 Citations (Scopus)

• Trade Liberalization, Market Share Reallocation, and Aggregate Productivity: The Case of the Indonesian Manufacturing Industry

  Hayakawa, K. & Matsuura, T., 2017 Sept, In: Developing Economies. 55, 3, p. 230-249 20 p.

  Research output: Contribution to journal › Article › peer-review

  • Market Share 100%
  • Trade Liberalization 100%
  • Malaysian Manufacturing Industries 100%
  • Aggregate Productivity 100%
  • Productivity Improvement 66%
  3 Citations (Scopus)
• 2016

  Assessing the effects of Japanese industrial policy change during the 1960s

  Kiyota, K. & Okazaki, T., 2016 Jun 1, In: Journal of The Japanese and International Economies. 40, p. 31-42 12 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Industrial Policy 100%
  • Policy Change 100%
  • Real Output 75%
  • Export Quota 50%
  • Tariff Regulation 50%
  10 Citations (Scopus)

• Exports and Employment in China, Indonesia, Japan, and Korea

  Kiyota, K., 2016 Jan 1, In: Asian Economic Papers. 15, 1, p. 57-72 16 p.

  Research output: Contribution to journal › Article › peer-review

  • Japan 100%
  • China 100%
  • Indonesia 100%
  • Manufacturing Industry 100%
  • Industry 100%
  16 Citations (Scopus)

• How Does FDI Affect Productivity at Home? Evidence from a Plant-Level Analysis

  Hayakawa, K., Matsuura, T. & Motohashi, K., 2016 Dec 1, In: Journal of Industry, Competition and Trade. 16, 4, p. 403-422 20 p.

  Research output: Contribution to journal › Article › peer-review

  • Foreign Direct Investment 100%
  • Plant-wide 100%
  • Level Analysis 100%
  • Japan 100%
  • Firm Level 100%
  3 Citations (Scopus)

• Misallocation and productivity: The case of Vietnamese manufacturing

  Ha, D. T. T., Kiyota, K. & Yamanouchi, K., 2016 Sept, In: Asian Development Review. 33, 2Special Issue, p. 94-118 25 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Vietnamese Manufacturing 100%
  • Total Factor Productivity 100%
  • Misallocation 100%
  • Productivity Change 100%
  • Vietnam 50%
  12 Citations (Scopus)
• 2015

  Disemployment caused by foreign direct investment? Multinationals and Japanese employment

  Kambayashi, R. & Kiyota, K., 2015 Aug 28, In: Review of World Economics. 151, 3, p. 433-460 28 p.

  Research output: Contribution to journal › Article › peer-review

  • Japan 100%
  • Foreign Direct Investment 100%
  • Foreign Investment 100%
  • Data Matching 50%
  • Allocation 33%
  13 Citations (Scopus)

• Firm-level impacts of natural disasters on production networks: Evidence from a flood in Thailand

  Hayakawa, K., Matsuura, T. & Okubo, F., 2015 Dec 1, In: Journal of The Japanese and International Economies. 38, p. 244-259 16 p.

  Research output: Contribution to journal › Article › peer-review

  • Thailand 100%
  • Firm-level 100%
  • Production Networks 100%
  • Impact of Natural Disaster 100%
  • Business Network 100%
  13 Citations (Scopus)

• Product and labor market imperfections and scale economies: Micro-evidence on France, Japan and the Netherlands

  Dobbelaere, S., Kiyota, K. & Mairesse, J., 2015 May 1, In: Journal of Comparative Economics. 43, 2, p. 290-322 33 p.

  Research output: Contribution to journal › Article › peer-review

  Open Access

  • Japan 100%
  • Product Market 100%
  • Economies of Scale 100%
  • France 100%
  • Netherlands 100%
  17 Citations (Scopus)

• Trade liberalization in Asia and FDI strategies in heterogeneous firms: Evidence from Japanese firm-level data

  Hayakawa, K. & Matsuura, T., 2015 Apr 1, In: Oxford Economic Papers. 67, 2, p. 494-513 20 p.

  Research output: Contribution to journal › Article › peer-review

  • Asia 100%
  • Japanese Firms 100%
  • Firm-level Data 100%
  • Foreign Direct Investment 100%
  • Trade Liberalization 100%
  11 Citations (Scopus)
• 2014

  Agglomeration effects of inter-firm backward and forward linkages: Evidence from Japanese manufacturing investment in China

  Yamashita, N., Matsuura, T. & Nakajima, K., 2014 Dec, In: Journal of The Japanese and International Economies. 34, p. 24-41 18 p.

  Research output: Contribution to journal › Article › peer-review

  • China 100%
  • Forward Link 100%
  • Backward Linkages 100%
  • Manufacturing Investment 100%
  • Japanese Manufacturing 100%
  17 Citations (Scopus)

• Effect of work-life balance practices on firm productivity: Evidence from Japanese firm-level panel data

  Yamamoto, I. & Matsuura, T., 2014 Oct 1, In: B.E. Journal of Economic Analysis and Policy. 14, 4, p. 1677-1708 32 p.

  Research output: Contribution to journal › Article › peer-review

  • Japanese Firms 100%
  • Work-life Balance Practices 100%
  • Firm-level Panel Data 100%
  • Firm Productivity 100%
  • Total Factor Productivity 50%
  16 Citations (Scopus)

• Firm-level evidence on productivity differentials and Turnover in Vietnamese manufacturing

  Ha, D. T. T. & Kiyota, K., 2014 Jun, In: Japanese Economic Review. 65, 2, p. 193-217 25 p.

  Research output: Contribution to journal › Article › peer-review

  • Productivity Differentials 100%
  • Firm-level Evidence 100%
  • Vietnamese Manufacturing 100%
  • World Trade Organization 100%
  • Trade Liberalization 100%
  17 Citations (Scopus)

• Industrial Upgrading in a Multiple-cone Heckscher-Ohlin Model: The Flying Geese Patterns of Industrial Development

  Kiyota, K., 2014 Feb, In: Review of Development Economics. 18, 1, p. 177-193 17 p.

  Research output: Contribution to journal › Article › peer-review

  • Industrial Development 100%
  • Heckscher-Ohlin Model 100%
  • Flying Geese 100%
  • Industrial Upgrading 100%
  • Factor Proportions 100%
  8 Citations (Scopus)