| Project/Area Number |
12124201
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| Research Category |
Grant-in-Aid for Scientific Research on Priority Areas
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| Allocation Type | Single-year Grants |
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| Review Section |
Humanities and Social Sciences
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| Research Institution | The University of Tokyo |
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Principal Investigator |
HAYASHI Fumio The University of Tokyo, Graduate School of Economics, Professor, 大学院経済学研究科, 教授 (80159095)
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| Co-Investigator(Kenkyū-buntansha) |
FUKUDA Shinichi The University of Tokyo, Graduate School of Economics, Professor, 大学院経済学研究科, 教授 (00221531)
FUJIWARA Masahiro The University of Tokyo, Graduate School of Economics, Professor, 大学院経済学研究科, 教授 (40114988)
HORIOKA C.Y. Osaka University, Institute for Social and Economic Research, Professor, 社会経済研究所, 教授 (90173632)
ARIGA Kenn Kyoto University, Institute for Economic Research, Professor, 経済研究所, 教授 (60159506)
ISHIKAWA Jota Hitotsubashi University, Graduate School of Economics, Professor, 大学院経済学研究科, 教授 (80240761)
OKAZAKI Tetsuji The University of Tokyo, Graduate School of Economics, Professor, 大学院経済学研究科, 教授 (90183029)
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| Project Period (FY) |
2000 – 2005
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| Project Status |
Completed (Fiscal Year 2005)
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| Budget Amount *help |
¥35,500,000 (Direct Cost: ¥35,500,000)
Fiscal Year 2005: ¥3,200,000 (Direct Cost: ¥3,200,000)
Fiscal Year 2004: ¥4,000,000 (Direct Cost: ¥4,000,000)
Fiscal Year 2003: ¥8,200,000 (Direct Cost: ¥8,200,000)
Fiscal Year 2002: ¥8,500,000 (Direct Cost: ¥8,500,000)
Fiscal Year 2001: ¥11,600,000 (Direct Cost: ¥11,600,000)
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| Keywords | total factor productivity (TFP) / dissemination of research outcomes / empirical studies / design of institutions / 研究の連携 / 各班の研究の連携 / TFP / 海外の学会との交流 / 各版の間の研究連携 / TFPと金融仲介 / 研究成果の海外への発信 |
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| Research Abstract |
This project attempts to answer the following two questions. First, why has Japan's postwar economic institutions been performing poorly, and second, how to design a system that would lead the country back to its previous high growth path? The project went through a major re-organization in fiscal year 2003. The two newly articulated research objectives are: 1. find out why Japan's growth slowed down in the 1990s; 2. how to modify institutions to restore growth. To meet these objectives, the project set three stages of investigation. A) find out what happened to TFP (total factor productivity) at the macro and industry levels, B) if TFP fell, identify the changes in institutions that might have caused it, and C) design economic institutions to deal with those changes. There are seven research groups with their own mandates. See their abstracts of research for the accomplishments. This group, which is responsible for coordinating the research activities of the seven groups, organized meetings by group heads, research meetings and conferences attended by group members and other academics and also a public forum to disseminate research outcomes. The group also worked with a publishing company to produce a collection of books containing mostly empirical studies on the project's research objectives.
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