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Human capital accumulation in the environment of low growth and fluid labor markets

Research Project

Project/Area Number 17H02516
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section一般
Research Field Economic policy
Research InstitutionTohoku University

Principal Investigator

Kitagawa Akiomi  東北大学, 経済学研究科, 教授 (60262127)

Co-Investigator(Kenkyū-buntansha) 柴田 章久  京都大学, 経済研究所, 教授 (00216003)
照山 博司  京都大学, 経済研究所, 教授 (30227532)
安井 大真  京都大学, 経済学研究科, 准教授 (30584560)
岡澤 亮介  大阪市立大学, 大学院経済学研究科, 准教授 (30707998)
太田 聰一  慶應義塾大学, 経済学部(三田), 教授 (60262838)
木村 匡子  関西大学, 社会学部, 准教授 (90546730)
Project Period (FY) 2017-04-01 – 2021-03-31
Project Status Completed (Fiscal Year 2020)
Budget Amount *help
¥16,120,000 (Direct Cost: ¥12,400,000、Indirect Cost: ¥3,720,000)
Fiscal Year 2020: ¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000)
Fiscal Year 2019: ¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2018: ¥3,640,000 (Direct Cost: ¥2,800,000、Indirect Cost: ¥840,000)
Fiscal Year 2017: ¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Keywords人的資本 / 低成長 / 労働市場の流動化 / 所得・資産格差 / 正規・非正規格差 / 正規・非正規雇用
Outline of Final Research Achievements

This research program empirically and theoretically investigated whether Japanese firms changed their modes of human capital accumulation in the environment of low growth and fluid labor markets emerging after the burst of economic bubbles in the 1990s. It has been demonstrated that the income and wealth inequalities between the workers who are given the training opportunities to accumulate human capital and those who are not given are likely to become severe, as the training opportunities are given to a relatively small number of workers, although the firms prioritize human capital investment over other investment activities such as R&D and fixed investment. To redress these inequalities, the government should increase the training opportunities through employment subsidies and/or transfer incomes from the worker who are given the training opportunities to those who are not.

Academic Significance and Societal Importance of the Research Achievements

「日本的雇用システム」の研究はこれまで労働経済学の狭い枠組みでなされてきたが、本研究課題では、経済成長論の視点を取り入れ、より長期的な視野からこの問題を考えることで、低成長という環境下では労働市場の流動化が進むだけでなく、企業のコーポレートガバナンスのあり方も変化することを明らかにした。また、社会的に望ましい人的資本形成を通じて日本経済が長期停滞から脱出するためには、雇用助成補助金などによって人的資本形成の機会をより多くの労働者に与えることが依然として有効であることも示した。

Report

(5 results)
  • 2020 Annual Research Report   Final Research Report ( PDF )
  • 2019 Annual Research Report
  • 2018 Annual Research Report
  • 2017 Annual Research Report
  • Research Products

    (24 results)

All 2021 2020 2019 2018 2017

All Journal Article (17 results) (of which Int'l Joint Research: 2 results,  Peer Reviewed: 8 results,  Open Access: 6 results) Presentation (6 results) Book (1 results)

  • [Journal Article] On the Two Catching-Up Mechanisms in Asian Development2021

    • Author(s)
      Kunieda, T., Okada, K., Sawada Y. and A. Shibata
    • Journal Title

      Asian Development Review

      Volume: 近刊

    • Related Report
      2020 Annual Research Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Factor Adjustments and Liquidity Management: Evidence from Japan's Two Lost Decades and Financial Crises2020

    • Author(s)
      Hirokazu Mizobata, Hiroshi Teruyama
    • Journal Title

      KIER DISCUSSION PAPER SERIES, KYOTO INSTITUTE OF ECONOMIC RESEARCH

      Volume: 1043 Pages: 1-38

    • Related Report
      2020 Annual Research Report
    • Open Access
  • [Journal Article] 労働市場の全体的な動向(特集:平成の労働市場)2020

    • Author(s)
      太田聰一
    • Journal Title

      日本労働研究雑誌

      Volume: 717 Pages: 1-5

    • NAID

      40022208651

    • Related Report
      2020 Annual Research Report
    • Open Access
  • [Journal Article] コーポレート・ガバナンス構造の変化と人的資本投資2019

    • Author(s)
      北川章臣
    • Journal Title

      経済分析

      Volume: 199 Pages: 5-41

    • Related Report
      2019 Annual Research Report
    • Open Access
  • [Journal Article] Factor Adjustments and Liquidity Management: Evidence from Japan’s Two Lost Decades2019

    • Author(s)
      Hirokazu Mizobata and Hiroshi Teruyama
    • Journal Title

      Waseda, Corporate Governance Research Working Paper Series

      Volume: WCG WP 2019-003 Pages: 1-21

    • Related Report
      2019 Annual Research Report
  • [Journal Article] Intergenerational Conflict Over Consumption Tax Hike: Evidence from Japan2019

    • Author(s)
      Ryosuke Okazawa and Katsuya Takii
    • Journal Title

      OSIPP Discussion Paper

      Volume: 2019-E-009 Pages: 1-62

    • Related Report
      2019 Annual Research Report
    • Open Access
  • [Journal Article] 東京圏への転入者の仕事・収入・Uターン志向2019

    • Author(s)
      太田聰一
    • Journal Title

      季刊住宅土地経済

      Volume: 2019年夏季号 Pages: 10-23

    • NAID

      40021923312

    • Related Report
      2019 Annual Research Report
  • [Journal Article] Reexamination of the Serendipity Theorem from the Stability Viewpoint2019

    • Author(s)
      Akira Momota, Tomoya Sakagami, Akihisa Shibata
    • Journal Title

      Journal of Demographic Economics

      Volume: 85 Issue: 1 Pages: 43-70

    • DOI

      10.1017/dem.2018.21

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed
  • [Journal Article] From physical to human capital accumulation: Effects of mortality changes2019

    • Author(s)
      Keiya Minamimura, Daishin Yasui
    • Journal Title

      Review of Economic Dynamics

      Volume: 34 Pages: 103-120

    • DOI

      10.1016/j.red.2019.03.005

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Firm-level labor demand for and macroeconomic increases in non-regular workers in Japan2018

    • Author(s)
      Hiroshi Teruyama, Yasuo Goto, and Sebastien Lechevalier
    • Journal Title

      Japan and the World Economy

      Volume: 48 Pages: 90-105

    • DOI

      10.1016/j.japwor.2018.08.006

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Specializations, Financial Constraints, and Income Distribution2018

    • Author(s)
      Takuma Kunieda, Kazuo Nishimura, and Akihisa Shibata
    • Journal Title

      International Review of Economics & Finance

      Volume: - Pages: 3-14

    • DOI

      10.1016/j.iref.2018.03.012

    • NAID

      120006576466

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Some evidence on the cohort earnings differentials of men in Japan2018

    • Author(s)
      Souichi Ohta
    • Journal Title

      Japan and the World Economy

      Volume: 49 Pages: 113-125

    • DOI

      10.1016/j.japwor.2018.10.001

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Why do voters elect less qualified candidates?2018

    • Author(s)
      Nobuhiro Mizuno and Ryosuke Okazawa
    • Journal Title

      MPRA Paper

      Volume: 89215 Pages: 1-39

    • Related Report
      2018 Annual Research Report
  • [Journal Article] Within-group heterogeneity and civil war2017

    • Author(s)
      N. Mizuno and R. Okazawa
    • Journal Title

      Economics of Governance

      Volume: 印刷中 Issue: 2 Pages: 153-177

    • DOI

      10.1007/s10101-016-0189-x

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed
  • [Journal Article] 若年者の東京移動に関する分析2017

    • Author(s)
      太田聰一、梅溪健児、北島美雪、鈴木大地
    • Journal Title

      内閣府経済社会総合研究所『経済分析』

      Volume: 195 Pages: 117-152

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed
  • [Journal Article] 地域経済が抱える課題と労働市場2017

    • Author(s)
      太田聰一
    • Journal Title

      川口大司編著『日本の労働市場ー経済学者の視点』有斐閣

      Volume: _ Pages: 104-127

    • Related Report
      2017 Annual Research Report
  • [Journal Article] 賃金が上がらないのは複合的な要因による2017

    • Author(s)
      太田聰一
    • Journal Title

      玄田有史編著『人手不足なのになぜ賃金は上がらないのか』慶應義塾大学出版会

      Volume: _ Pages: 165-182

    • Related Report
      2017 Annual Research Report
  • [Presentation] The Reversal of Gender Gap in Higher Education: Mental Sharpness versus Physical Strength (with Daishin Yasui)2020

    • Author(s)
      木村匡子
    • Organizer
      関西労働研究会
    • Related Report
      2020 Annual Research Report
  • [Presentation] Arms Expansion and Transparency in Defense Policy (with Yukari Iwanami)2020

    • Author(s)
      岡澤亮介
    • Organizer
      「人材配置の経済学」研究会
    • Related Report
      2020 Annual Research Report
  • [Presentation] コーポレート・ガバナンス構造の変化と人的資本投資2019

    • Author(s)
      北川章臣
    • Organizer
      日本経済学会2019年度春季大会
    • Related Report
      2019 Annual Research Report
  • [Presentation] コーポレート・ガバナンス構造の変化と人的資本形成2018

    • Author(s)
      北川章臣
    • Organizer
      内閣府平成29・30年度国際共同研究「潜在成長力の強化と経済の活性化に向けた課題」最終報告会
    • Related Report
      2018 Annual Research Report
  • [Presentation] コーポレート・ガバナンス構造の変化と人的資本形成2017

    • Author(s)
      北川章臣
    • Organizer
      内閣府平成29・30年度国際共同研究「潜在成長力の強化と経済の活性化に向けた課題」
    • Related Report
      2017 Annual Research Report
  • [Presentation] Money Non-neutrality: An Alternative Approach2017

    • Author(s)
      北川章臣
    • Organizer
      日本経済学会2017年度春季大会
    • Related Report
      2017 Annual Research Report
  • [Book] The Changing Japanese Labor Market: Theory and Evidence2018

    • Author(s)
      Akiomi Kitagawa, Souichi Ohta, Hiroshi Teruyama
    • Total Pages
      190
    • Publisher
      Springer
    • ISBN
      9811071578
    • Related Report
      2017 Annual Research Report

URL: 

Published: 2017-04-28   Modified: 2022-01-27  

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