Annual Report on the Japanese
Economy and Public Finance
2003-2004
- No Gains Without Reforms IV -
July 2004
Cabinet Office
Government of Japan
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Reference Materials
Chapter 1
Section 1
International Department, Bank of Japan (2004), "Japan's Balance
of Payments for 2003," Bank of Japan Research Papers. (March 2004 issue)
Section 2
Nishizaki, Kenji and Sugo, Tomohiro (2001), "Observation on
Labour Distribution Rate in Our Country," Research and Statistics Department,
Bank of Japan, Working Paper 01-8.
Hattori, Ryota and Maeda, Eiji (2000), "The Japanese Employment
System," Bank of Japan Research Papers, January 2000, Bank of Japan.
Section 3
Kato, Hiromi, Fujiwara, Hiroyuki and Fujimoto, Kazutaka (2003)
"The Disposal of Non-Performing Loans and its Influence on the Bankruptcy and
Employment," Economic and Fiscal Policy Analysis Discussion Paper DP03-3,
Cabinet Office.
Kuroda, Sachiko (2002), "Analysis of Changes in Japan's Unemployment
Rate Using Flow Data," IMES Discussion Paper Series No.2002-J-21, Institute
for Monetary and Economic Studies, Bank of Japan.
Genda, Yuji (2000), "Are Parasite Singles Real?" Economics
& Policy (Spring issue 2000), Toyo Keizai Shinpo-sha.
Genda, Yuji and Kondo, Ayako (2003), "Review of Structural
Unemployment," ESRI Discussion Paper No.53, Economic and Social Research
Institute, Cabinet Office.
Cabinet Office (2003), "White Paper on the National Lifestyle
Fiscal Year 2003."
Hamori, Shigeyuki (2000), "Econometrics," Chuokeizai-sha.
Groshen, E. L. and S. Potter (2003), "Has Structural Change
Contributed to a Jobless Recovery?" Current Issues in Economics and Finance,
August 2003, Federal Reserve Bank of New York.
Section 4
Shiratsuka, Shigenori (2001), "What is the Desirable Rate
of Increase in Prices?: A Survey of the Empirical and Theoretical Arguments
on Price Stabilization," Financial Research, (January 2001).
Akerlof, G., W. Dickens and G. Perry (1996), "The Macroeconomics
of Low Inflation," Brookings Papers on Economic Activity 1, 1-59.
Akerlof, G., W. Dickens and G. Perry (2000), "Near-rational
Wage and Price Setting and the Long-run Phillips Curve," Brookings Papers
on Economic Activity 1, 1-60.
Ball, L., G. Mankiw and D. Romer (1988), "The New Keynesian
Economics and the Output/Inflation Trade-off," Brookings Papers on Economic
Activity 1, 1-65.
Clarida, R., Gali, J. Gertler, M. (1998), "Monetary Policy
Rules in Practice Some International Evidence," European Economic Review
42, 1033-1067.
Erceg et al. (2002), "Preventing Deflation: Lessons from Japan's
Experience in the 1990s," Board of Governors of the Federal Reserve System
International Finance Discussion Papers 729.
IMF (2003b), "The Zero-Interest-Rate Floor and its Implications
for Monetary Policy in Japan," Hunt, B. and D. Laxton, Japan's Lost Decade,
IMF.
OECD (2001), "A small Global Forecasting Model," D. Rae
and D. Turner, Economics Department, Working Paper No. 286, OECD.
Shiratsuka, S. (1999), "Measurement Errors in Japanese Consumer
Price Index," Monetary and Economic Studies, 17(3), IMES, Bank of Japan,
1999.
Section 5
Omura, Keiichi, Mizukami, Shinji and Takahashi, Ikuri. (2002),
"Soundness of the Japanese Financial Intermediary System - Principal
Component Analysis Using Financial Index," Economic and Fiscal Policy Analysis
Discussion Paper DP/02-2, Cabinet Office.
Research and Statistics Department, Bank of Japan (2002),
"Guide to Japan's Flow of Funds Accounts." (January 2002)
Research and Statistics Department, Bank of Japan (2003),
"Guide to Money Supply Statistics." (October 2003)
IMF (2003a), "Deflation: Determinants, Risks, and Policy Options
- Findings of an Interdepartmental Task Force," Kenneth Rogoff,
IMF, April 30, 2003.
OECD (2002), "Fiscal Sustainability: the Contribution of Fiscal
Rules," OECD Economic Outlook 72, 2002.
OECD (2004), "Enhancing the Cost Effectiveness of Public Spending:
Experience in OECD Countries," I. Jourmard, P.M. Kongsrud, Y. Nam and R.
Price, Economics Department, Working Paper No.380, OECD.
Columns
IMF (2003), "Deflation: Determinants, Risks, and Policy Options
- Findings of an Interdepartmental Task Force."
Chapter 2
Section 1
Ministry of Economy, Trade and Industry (2001), "Inter-regional
Input-Output Table."
Cabinet Office, "Regional Economic Trends," Quarterly
version.
Cabinet Office, "Regional Economic Report," Annual version.
Cabinet Office (2001), "Economy Watchers Survey."
Section 2
Higuchi, Yoshio (2004), "The Growing Number of Youth Settling
Down in Their Local Communities Lies Behind Rising Unemployment Rate." Diamond
Weekly. (20 March issue 2004)
OECD (2003), "Identifying the Determinants of Regional Performances,"
Working Party on Territorial Indicators, June 2003.
Section 3
Ozawa, Kenichi (1992), "The Economic Analysis of Tourism,"
Bunka Shobo Hakubunsha.
Ministry of Land, Infrastructure and Transport (2003), "White
Paper on Tourism 2003."
National Institute for Research Advancement (2003), "Research
on the Introduction of the NPM (New Public Management) Approach into Local Governments."
Ministry of Internal Affairs and Communications (2004), "The
State of the Implementation of Outsourcing of Services in Municipalities."
Ministry of Internal Affairs and Communications (2002), "The
State of Local Public Finance 2002."
Ministry of Internal Affairs and Communications (2004), "The
State of Local Public Finance 2004."
Ministry of Internal Affairs and Communications (2003), "The
State of Implementation of Administrative Evaluation in Local Governments and
Future Developments: FY2002 Report of Research Group on Administrative Evaluation
in Local Governments."
Ministry of Internal Affairs and Communications (2003), "Report
by Research Group on Comprehensive Financial Analysis of Local Governments."
Ministry of Internal Affairs and Communications (2003), "The
State of Creation of Balance Sheets, etc. in Local Governments."
Cabinet Office (2004), "Approval of Special Zones for Structural
Reform."
Cabinet Office (2004), "Questionnaire on PFI for Local Governments."
Cabinet Office (2004), "Annual Report on National Accounts
of 2004."
Nishimura, Yukio (2004), "Promoting Highly Sensitive Urban
Design," Nihon Keizai Shimbun (5 May).
Nikkei Research Institute of Industry and Markets (2003),
"Administrative Comparisons of National Municipalities (Degree of Administrative
Reform and Administrative Services) FY 2002 Survey Data Collection."
Nikkei Research Institute of Industry and Markets (2003),
"National Rankings for Services for Residents 2003-2004."
OECD (1994), "Tourism Strategies and Rural Development."
Chapter 3
Section 1
Milanovic, B. (2002), "Can We Discern the Effect of Globalization
on Income Distribution?" World Bank Policy Research Working Paper No. 2876.
Section 2
Ito, Keiko and Fukao, Kyoji (2003), "Foreign Direct Investment
in Japan: Empirical Analysis based on Micro Survey Data from Office and Statistical
Survey," in Iwata, Kazuma ed., "Japan's Trade Policy and WTO," Nihon Keizai
Shimbunsha.
Kosai,Yutaka, Suzuki, Reiko and Ito, Yukiko (1998), "The Influence
of Trade on Employment and Wages, "JCER Discussion Paper No.51, Japan Center
for Economic Research.
Ministry of Health, Labour and Welfare (2003), "Analysis of
Labour Economy, FY 2003."
Sakurai, Kojiro (2002), "Trade and Employment -
The Influence of Globalization on Industries and Regions," "Research Report"
(November issue, 2002) Vol. 23-1, Research Institute of Capital Formation, Development
Bank of Japan.
Sazanami, Yoko, Urata, Shujiro and Kawai, Hiroki (1996), "Measuring
the Cost of Protection" Toyo Keizai Shinpo-sha.
Higuchi, Yoshio (2001), "Economics of Employment and Unemployment,"
Tokyo: Nihon Keizai Shimbunsha.
Higuchi, Yoshio and Policy Research Institute, Ministry of
Finance (2003), "Japan's Income Disparities and Social Class," Nihon Hyoronsha.
Fukao, Kyoji and Murakami, Yukako. (2003), "Outward and Inward
Foreign Direct Investment and Japan's Manufacturing Industry: Empirical Analysis
Based on Firm-Level Data." ESRI Discussion Paper Series #68, Economic and Social
Research Institute, Cabinet Office.
F
rster, M., and M. Pearson (2002), "Income Distribution
and Poverty in the OECD Area: Trends and Driving Forces," OECD Economic Studies
No.34.
Slaughter, M. J., and P. Swagel (1997), "Does Globalization
Lower Wages and Export Jobs?" IMF Economic Issues No.11.
Section 3
Asakawa, Masatsugu (January 2004), "On the Signing of the
New Japan-US Income Tax Convention." Finance, Vol. 458, Ministry of Finance.
Urata, Shujiro ed. (2002), "Free Trade Agreement (FTA) Guidebook,"
Japan External Trade Organization (JETRO).
Urata, Shujiro and Japan Center for Economic Research ed.
(2002), "Japan's FTA Strategies," Nihon Keizai Shimbunsha.
Ministry of Economy, Trade and Industry (2001), "White Paper
on International Trade and Economy 2001."
Kawasaki, Kenichi (1999), "Application of the Computable General
Equilibrium Model: Simulation Analysis on Trade Liberalization and Regulatory
Reform," Nihon Hyoronsha.
Tsutsumi, Masahiko and Kiyota, Kozo (2002), "Effects of Free
Trade Agreements that Envelop Japan: Analysis through the CGE Model," JCER Discussion
Paper No.74, Japan Center for Economic Research.
Kawasaki, Kenichi (2003), "The Impact of Free Trade Agreements
in Asia" RIETI Discussion Paper Series 03-E-018.
Itakura, Ken, Thomas W. Hertel and Jeffrey J.Reimer, "The
Contribution of Productivity Linkages to the General Equilibrium Analysis of
Free Trade Agreements,"GTAP Working Paper No.23.
Section 4
Iguchi, Yasushi (2001), "New Age of Foreign Workers," Chikuma
Shobo.
Ihori, Toshihiro (2003), "Economic Theory of Taxation," Iwanami
Shoten.
Iwata, Kazumasa ed. (2003), "Japan's Trade policy and the
WTO," Nihon Keizai Shimbunsha.
Shogenji, Shinichi (1998), "Economic Analysis of Modern Agricultural
Policy," University of Tokyo Press.
Study Group on Employment Issues for Foreigners (2002), "Study
Group Report on Employment Issues for Foreigners."
Ministry of Economy, Trade and Industry (2001), "White Paper
on International Economy and Trade 2001."
Koezuka, Takashi (2001), "The Creation of Categories in International
Cooperation in the Area of Competitive Policies," "Fair Trade" Issue No.609,
The Japan Fair Trade Commission.
Foreign Workers' Affairs Division, Employment Security Bureau,
Ministry of Health, Labour and Welfare (2003), "Status and Measures of Foreign
Workers in Foreign Countries (Revised)."
Japan Investment Council (2003), "Promotion of Foreign Direct
Investment into Japan."
Japan Investment Council Expert Committee Meeting (2003),
"Making Japan an Attractive Country for Global Companies."
Japan Investment Council Expert Committee Meeting (2004),
"The Program for the Promotion of Foreign Direct Investment into Japan and Implementation
Status."
Takigawa, Toshiaki (2003), "Antimonopoly Law and Competition
Policies of Japan, the U.S. and the E.U. (2nd edition.)," Seirin Shoten.
Economic and Social Research Institute, Cabinet Office (2004),
"Annual Survey of Corporate Behaviour 2003 - Dynamism of Japanese Enterprises
under Structural Reform."
Nippon Keidanren (Japan Business Federation) (2004), "Recommendations
on Accepting Non-Japanese Workers."
Hayami, Yujiro and Godo, Yoshihisa (2002), "Agricultural Economics,"
Iwanami Shoten.
Fukao, Kyoji and Amano, Tomofumi (2004), "Foreign Direct Investment
and the Japanese Economy," Nippon Keizai Shimbun-sha.
Ministry of Justice (2003), "Immigration Control 2003."
Elmeskov, J., Martin, J. and Scarpetta, S. (1998), "Key Lessons
for Labour Market Reforms: Evidence from OECD Countries' Experiences," Swedish
Economic Policy Review 5.
Golub, S. S.(2003), "Measures of Restrictions on Inward
Foreign Direct Investment for OECD Countries," OECD Economics Department Working
Papers No.357.
Morisset, J. and Pirnia, N. (2002) "How Tax Policy and Incentives
Affect Foreign Direct Investment: A Review," The World Bank Working Paper No.2509.
Markusen, J., "The Boundaries of Multinational Enterprises
and the Theory of International Trade," Journal of Economic Perspectives, Spring
1995.
OECD (2004) ,"Trends in International Migration: SOPEMI
2003 Edition."
Yoo, Kwang-Yeol (2003), "Corporate Taxation of Foreign Direct
Investment Income 1991-2001," OECD Economics Department Working Papers No. 365.
All Sections of Chapter 3
Ito, Motoshige (2003), "Essence of the Global Economy," Diamond,
Inc.
Economic Planning Agency (1997), "The Post-War Path of the
Japanese Economy - 50 Years of History of the Economic Planning Agency."
Jagdish, Bhagwati (2004), "Free Trade Today," translated by
Yukinobu Kitamura and Miki Seno, Diamond, Inc.
Yamazaki, Masakazu (2003), "Homo sociabilis," Chuokoron-Shinsha.
The World Bank (2002), "Globalization, Growth, and Poverty,"
A World Bank Policy Research Report.
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