| Budget Amount *help |
¥14,950,000 (Direct Cost: ¥11,500,000、Indirect Cost: ¥3,450,000)
Fiscal Year 2016: ¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000)
Fiscal Year 2015: ¥3,380,000 (Direct Cost: ¥2,600,000、Indirect Cost: ¥780,000)
Fiscal Year 2014: ¥3,120,000 (Direct Cost: ¥2,400,000、Indirect Cost: ¥720,000)
Fiscal Year 2013: ¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000)
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| Outline of Final Research Achievements |
This research projects attempts to examine both theoretically and empirically into firm's capital and inventory investment behaviors including their financial decisions, and finds its implication toward understanding and stabilizing macroeconomic business cycles. More concretely, focusing on two heterogeneous investing behaviors such as one with respect to different capital goods and the other with respect to the asymmetry between positive investment (new acquisition) and negative investment (selling or removal), we test several key null hypotheses and seek for new fact findings and policy implications hidden behind the Japanese lost two decades and the stagnant productivity growth.
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