3rd final version, November 16, 2019

The 18th International Conferenceofthe Japan Economic Policy Association
Global Economy after 2020:
Emerging Economies, Growth and Population

Time Schedule and Program

Date: November 16~17, 2019
Host: Chuo University
Place: Tama Campus, Chuo University
Hachioji, Tokyo, Japan1

Time Schedule
Nov.15the day before(120)

18:00~20:00

Nov.16

1st day(All day)

9:00~

Registration(30)

9:30~10:00

Opening Session (5min.+5min.+5min.+15min)(10)

10:00~10:10(120)

10:10~12:10

Executive Committee

2565

1st floor between Buildings 6 and 7
8303

Break (Room 7408~09)
Regular

Regular

Regular

Regular

Regular

Regular

RegularSession 1A

Session 2A

Session 4A

Session 5A

Session 6A

Session 10A

Session 11A

7403

7404

7405

7406

7410

7411

7412

(60)

12:10~13:10

Lunch(Restaurants, Room 7408~09, Registration place) & Committees (Rooms 7401~02, 07)(110)

13:10~15:00

Plenary Session 1(10)

15:00~15:10

Break (Room 7408~09)(80)

15:10~16:30

Plenary Session 2(10)

16:30~16:40

Break (Room 7408~09)(80)

16:40~18:00

Special Lectures(10)

18:00~18:10

Break (Room 7408~09)(110)

18:10~20:00

Welcome Banquet

Nov.17

2nd day

8303

8303

8303

1406

(All
8:30~

Registration

1st floor between Buildings 6 and 7

day)

(120)

(60)

(120)

(10)

(120)

9:00~11:00

Regular

RegularSpecialRegular

Regular

RegularSession 2B

Session 3A

Session 4B

Session 5B

Session 8

Session 9A

7403

7404

7405

7406

7410

7411

11:00~12:00

12:00~14:00

Lunch (Room 7408~09, Registration place) & Committees (Rooms 7401~02, 07)
Regular

Regular

Regular

Regular

Regular

Regular

RegularSession 2C

Session 3B

Session 4C

Session 6B

Session 9B

Session 10B

Session 12

7403

7404

7405

7406

7410

7411

7412

14:00~14:10

14:10~16:10

Break (Room 7408~09)
SpecialRegular

Regular

Regular

RegularSession 3C

Session 4D

Session 5C

Session 7

Session 11B

7404

7405

7406

7410

7411

Regular Session (Report 20min.+Discussion 10min.+Reply 5min.+FloorQ&A 5min.=40min.)Room 7403 means Building 7, 4th floor and Room No.03

2

Session Program

OPENING SESSION 1ST DAY NOVEMBER 16TH 9:30-10:00 8303
Master of Ceremonies:
Yukihiro IIDA, Secretary General of the Program Committee
Opening Address: Taro OZAWA, President of the JEPA
Explanation of the International Conference:
Naotsugu HAYASHI, Vice Chair of the International Committee
Explanation of the Program:
Mitsuhiko SATAKE: Chair of the Program Committee
Explanation of General Information of the Conference:
Hirokuni IIJIMA, Vice Chair of the Managing Committee

REGULAR SESSION A 1ST DAY NOVEMBER 16TH

Session 1A:

Theory of Economic Policy

10:10-12:10

Room 7403

Chair: Kentaro TACHI, Professor, Komazawa University, Japan
Monetary Policy and Financial Exclusion in an Estimated DSGE Model of Sub-SaharanAfrican Economies
Speaker: Paul Owusu TAKYI, Ph.D. Student, National Graduate Institute for Policy Studies(GRIPS), Ghana, Japan
Discussant: Ryokichi CHIDA, Professor, Meiji University, JapanThe Role of Housing in Monetary Policy Effect on Household Consumption
Speaker: Kritsanee PISITSUPAKUL, Ph.D. Student, National Graduate Institute for Policy Studies(GRIPS), Thailand, Japan
Discussant: Akira TERAI, Professor, Kyoto Sangyo University, Japan
Skill Premium and Preferential Policy: The Case of China
Speaker: Qing LIU, Associate Professor, Tsinghua University, China
Discussant: Soichiro TAKAGI, Professor, University of Tokyo, Japan3

Session 2A: Public Finance and Fiscal Policy

Room 7404

Chair: Mizuki NAKAMA, Professor, Yamaguchi University, Japan
Assessing the Effects of Corporate Income Tax on Foreign Direct Investment in Southeast
Asia
Speaker: Nora Dwi Prasasti ASIH*, Ph.D. Student, Victoria University, Indonesia, Australia
Ranjith IHALANAYAKE, Senior Lecturer, Victoria University, Srilanka, Australia
Nada KULENDRAN, Associate Professor, Victoria University, Srilanka, Australia
Discussant: Masao TSURI, Professor, Okayama University, Japan
Consumption Tax and Productive Government Expenditure in DSGE Model
Speaker: Minoru HAYASHIDA, Professor, University of Kitakyushu, Japan
Ryoichi NAMBA, Researcher, Chubu Region Institute for Social and Economic Research,Japan
Hiroyuki Ono, Professor, Toyo University, Japan
Masaya YASUOKA*, Professor, Kwansei Gakuin University, Japan
Discussant: Ryokichi CHIDA, Professor, Meiji University, Japan

Session 4A: Growth, Development and Population Policy

Room 7405

Chair: Kunio SAKAI, Professor, Aichi Gakuin University, Japan
Can a Host Country Increase Human Capital by Accepting Study Migrants?
Speaker: Akira SHIMADA, Associate Professor, Nagasaki University, Japan
Discussant: Takehiro KIGUCHI, Associate Professor, Kyoto University of Advanced Science,Japan
Fertility Decline and Endogenous Policy Intervention: A People Quantitative Easing
Approach for Demographic Trend Reversal
Speaker: Richard WERNER*, Professor, Fudan University, Germany (China, Japan, UK)
Tapas MISHRA, Professor, University of Southampton, India
Discussant: Fumio YOSHINO, Professor, Takushoku University, Japan

4

Session 5A: Industrial Organization and Structural Policy

Room 7406

Chair: Takashi YANAGAWA, Professor, Kobe University, Japan
Mapping Technological Trajectories as Patent Citation Networks:
A Study on the Technological Field of Computer Graphic Processing Systems
Speaker: Ichiro WATANABE*, Master's Student, University of Tokyo, Japan
Soichiro TAKAGI, Associate Professor, University of Tokyo, Japan
Discussant: Satoru TANAKA, Professor, Kobe City University of Foreign Studies, Japan
Frugal Innovation Strategies of Electric Vehicles: A New Era
Speaker: Mahbubul Alam CHOWDHURY, Professor, Fukuoka Women's University, Japan
Discussant: Kunio KAMIYAMA, Professor, Josai University, JapanA Non-linear Relationship between Banking Competition and Risk-taking: An Evidence
from Indonesia
Speaker: Charvin LIM, Lecturer, Parahyangan Catholic University, Indonesia, Indonesia
Vincentius Andrew NUGROHO*, Tutor, Parahyangan Catholic University, Indonesia
Nadia Restu UTAMI, Student, Parahyangan Catholic University, Indonesia
Discussant: Kazuhiko NAKAHIRA*, Associate Professor, Meikai University, Japan

Session 6A :Labor Economics and Policy

Room 7410

Chair: Risa HAGIWARA, Lecturer, Meikai University, Japan
Labour Force Reintegration or Recidivism: To What Extent Do Unemployment Benefits andEmployment Matter?
Speaker: Ewa GAŁECKA-BURDZIAK*, Assistant Professor, Warsaw School of Economics,
PolandJoanna FELCZAK, Assistant Professor, Wszechnica Polska University in Warsaw,
PolandPiotr BŁĘDOWSKI, Full Professor, Warsaw School of Economics, Poland
Marek GÓRA, Full Professor, Warsaw School of Economics, Poland
Discussant: Toshio KOSAKI, Professor, Tokai University, JapanThe Cost of Every Child to Our Nation: Assessing Economic Birth Rate Incentives andNativist Sentiment in Advanced Economies
Speaker: Lisa Jane DE GARA*, Policy Consultant, Government of Alberta, Canada, UK
5

Discussant: Risa HAGIWARA, Lecturer, Meikai University, Japan
Comparative Study of RPA and Digital Labor Between Japan and Western Countries
Speaker: Kazuma KOBAYASHI, Assistant Professor, Toyo University, Japan
Discussant: Kouyo MIYOSHI, Lecturer, Aichi Gakuin University, Japan

Session 10A: Resource and Environmental Policy

Room 7411

Chair: Akira MAEDA, Professor, University of Tokyo, JapanCan the Subsidy Program Change the Customer Base of Next-generation Vehicles?
Speaker: Jiaxing WANG*, Ph.D. Student, Aoyama Gakuin University, China, Japan
Shigeru MATSUMOTO, Professor, Aoyama Gakuin University, Japan
Discussant: Satoshi HONMA, Professor, Tokai University, Japan
Trade-off and Synergies in Policy Incentives on Mitigating CO2 Emissions from thePassenger Cars in Five Major Economies
Speaker: Aileen LAM*, Lecturer, University of Macao, Macao
Jean-Francois MERCURE, Senior Lecturer, University of Exeter, Canada, UK
Soocheol LEE, Professor, Meijo University, Korea, Japan
Discussant: Daiju NARITA, Associate Professor, University of Tokyo, Japan

Session 11A: International Economic Policy
Chair: Toshiyasu IZAWA, Professor, Nagoya Gakuin University, Japan
Why Do Asylum Seekers Come to Europe from Conflict-Affected Countries?
Speaker: Tomoya SUZUKI, Professor, Kansai University, Japan
Discussant: Atsuyuki KATO, Associate Professor, Kanazawa University, Japan
China’s One Belt and One Road Initiative and its Prospects for Georgia
Speaker: Giorgi BENASHVILI, Ph.D. Student, Tbilisi State University, Georgia
Discussant: Tasuku FUJITA, Lecturer, Chiba University of Commerce, Japan

6

Room 7412

PLENARY SESSION 1 1ST DAY NOVEMBER 16TH 13:10-15:00 8303

Theme: "Emerging Economies"
Chair: Yoji TANIGUCHI, Professor, Chuo University, Japan
Trends in Environmental Protection Mainly by Wildlife Protection
Guest Speaker: Hirofumi WATABE, Director of Tama Zoological Park, Japan
Development of China's "New Economy" through Economic Growth Policy Driven
by Innovation
Guest Speaker: Yusaku NISHIMURA, Professor, University of International Business andEconomics, China
Discussant: Hiroshige TANAKA, Professor, Chuo University, Japan
Vietnamese Economy after 2020
Guest Speaker: Tran Tho DAT, Professor (Former President) of the National Economics
University, Vietnam
Discussant: He GAO, Associate Professor, Changchun University of Technology, China

PLENARY SESSION 2 1ST DAY NOVEMBER 16TH 15:10-16:30 8303

Theme:" Growth and Population in Emerging and Advanced Economies"
Chair: Tomoko KINUGASA, Professor, Kobe University, Japan
Demographic Transition and Economic Miracles in China: Focus on the Demographic
Dividend
Guest Speaker: Xin YUAN, Professor, Nankai University, China
Discussant: Kazuki TAKETOSHI, Professor, Ryukoku University, Japan
Does a Relationship between Fertility and Labor Participation of Women Really Exist? :Perspectives from Time Series Analysis
Guest Speaker: Hisakazu KATO, Professor, Meiji University, Japan
Discussant: Akiko SAKANISHI, Professor, Ritsumeikan University, Japan

7

SPECIAL LECTURES

1ST DAY NOVEMBER 16TH 16:40-18:00 8303

Theme:" Financial Economy after 2020: Non-Traditional Monetary Policies
and their Effects"
Chair: Naotsugu HAYASHI, Professor, Hosei University, Japan
Non-traditional Monetary Policies and their Effects on the Economy
Guest Speaker: Yutaka HARADA, Member of the Policy Board, Bank of Japan, Japan
Former Professor of Waseda University
Discussant: Naotsugu HAYASHI, Professor, Hosei University, Japan
Non-traditional Monetary Policies and the Future of the Financial Industries
Guest Speaker: Willem THORBECKE, Senior Research Fellow, Research Institute of Economy,
Trade, and Industry, USA, Japan

Former Associate Professor of George Mason University

Discussant: Masaaki KITAGAWA, Professor, Doshisha University, JapanWELCOME BANQUET 1ST DAY NOVEMBER 16TH 18:10-20:00
ROOM 1406
Master of Ceremonies:
Hirokuni IIJIMA, Vice Chair of the Managing Committee
Welcome Speech: Taro OZAWA, President, the JEPA
Yoji TANIGUCHI, Chair of the Managing Committee of the JEPA2019
Vice President of Chuo University
Welcome Speech for Next Year:
Daisaku GOTO, Chair of the Managing Committee of the JEPA2020
Associate Professor, Hiroshima University
Short Speeches from Various Countries:

8

REGULAR SESSION B

Session 2B :2ND DAY NOVEMBER 17TH

9:00-11:00

Public Finance and Fiscal Policy

Room 7403

Chair: Akira YOKOYAMA, Professor Emeritus, Chuo University, Japan
Causal Relationship of Taxation and Economic Growth in Sri Lanka
Speaker: Pubudini Tamara Damburae LIYANAGE*, Lecturer, University of Sri Jayewardenepura,
Sri Lanka
Kopalapillai AMIRTHALINGAM, Professor, University of Colombo, Sri Lanka
Discussant: Hiroo HARADA, Professor Emeritus, Senshu University, JapanThe Effects of Acquisition and Subsidy Policies on the Farm Price Dynamics
Speaker: Meng-Yi TAI*, Associate Professor, Fo Guang University, Taiwan
Shih-Wen HU, Professor, Feng Chia University, Taiwan
Discussant: Kazuyuki ISHIDA, Professor, Kansai University, Japan
Quality of Spending and Human Development : Does Accountability Matter?
Speaker: Khoirunurrofik KHOIRUNURROFIK*, Assistant Professor, University of Indonesia,
Indonesia
Yusuf DWINANTORO, Master's Student, University of Indonesia, Indonesia
Discussant: Mitsunosuke TSUBAKI, Former Researcher at National Institute of Science andTechnology Policy (MEXT), Japan

Session 3A : Monetary and Financial Policy

Room 7404

Chair: Cheol Soo PARK, Professor, Kumamoto Gakuen University, Korea (Japan)
Demographics and Macroeconomics: Effects on the Japanese Stock Market
Speaker: Jauer CHEN, Associate Professor of Economics, Tokyo International University,
Taiwan (Japan)
Rajarshi MITRA*, Associate Professor of Economics, Tokyo International University,
India (Japan)
Discussant: Hiroshi ISHIJIMA, Professor, Chuo University, JapanThe Sectoral Effects of Monetary Policy: Evidence from the Philippines
Speaker: Clarisa Joy ARELLANO, Master’s student, University of Ottawa,
9

Philippines (Canada)
Discussant: Jun ANDO, Professor, Bukkyo University, Japan
Examine the Financial Contagion Effects in European Countries
Speaker: Chien-Jung TING*, Assistant Professor, Southern Taiwan University of Science andTechnology, Taiwan
Hsiang-Min LIN, Student, Shu-Te University, Taiwan
Discussant: Megumu KINUGAWA, Professor, International University of Kagoshima, Japan

Session 4B : Growth, Development and Population Policy

Room 7405

Chair: Yasuyuki IIDA, Associate Professor, Meiji University, Japan
Control Immigration and Gradual Growth in GVC
Speaker: Hiroyoshi KASAHARA, Former Ph.D. Student at Reitaku University, Japan
Discussant: Nobuki SUGITA, Professor, Ritsumeikan University, Japan
Determinants of Urban Population’s Local Migration and Lifestyle Changes in Japan
Speaker: Etsusaku SHIMADA*, Ph.D. Student, Kobe University, Japan
Tomoko KINUGASA, Professor, Kobe University, Japan
Discussant: Kuniaki TERANISHI, Former Lecturer of Aichi University of Technology, Japan
Population and Human Capital as Key Factors of Economic Growth in Israel
Speaker: Magdalena OSINSKA*, Professor, Nicolaus Copernicus University in Torun, Poland
Jerzy BOEHLKE, Associate Professor, Nicolaus Copernicus University in Torun, Poland
Maciej GALECKI, Ph.D. Student, Nicolaus Copernicus University in Torun, Poland
Marcin FALDZINSKI, Assistant Professor, Nicolaus Copernicus University in Torun,
PolandYochanan SHACHMUROVE, Professor, City University of New York, USA
Discussant: Tomohiro KITAMURA, Lecturer, Kobe University, Japan

Session 5B : Industrial Organization and Structural Policy
Chair: Akio TORII, Professor, Chuo University, Japan
Why Doesn’t Japan Have a Natural Gas Pipeline Network?
Speaker: Satoru HASHIMOTO, Associate Professor, Teikyo University, Japan
Discussant: Norihiro KASUGA, Professor, Konan University, Japan
10

Room 7406

Location, Price, and Welfare in the Oligopoly with One Online Firm
Speaker: Yi-Jie WANG*, Assistant Professor, Ming Chuan University, Taiwan
Wen-Jung LIANG, Professor, Dong Hwa University, Taiwan
Discussant: Tomomichi MIZUNO, Associate Professor, Kobe University, Japan
Technology Licensing, Two-part Tariffs and Socially Efficient Entry
Speaker: Yen-Ju LIN, Associate Professor, Fo Guang University, Taiwan
Discussant: Takako ISHIHARA, Professor, Hyogo University, Japan

Session 8 :Welfare and Social Policy

Room 7410

Chair: Kazuhiro YAGUCHI, Professor, Keiai University, Japan
Conditional Cash Transfers and Shocks: Evidence from the Philippines
Speaker: John Paul FLAMINIANO, MA graduate student, University of Ottawa, Philippines(Canada)Discussant: Koji YASUDA, Assistant Professor, Aomori Public University, JapanThe Relationship between Household Type and Consumption Patterns in Japan- Evidence
from the Japan’s National Survey of Family Income and Expenditure
Speaker: Shinsuke ITO*, Professor, Chuo University, Japan
Takahisa DEJIMA, Professor, Sophia University, Japan
Discussant: Mamoru MIYAMOTO, Professor, Kanto Gakuin University, Japan
Does ‘Drug Lag’ Still Exist in Japan? An Empirical Analysis of Submission Lag in Japan
Behind the U.S.
Speaker: Naohiko WAKUTSU*, Assistant Professor, Nagoya City University, Japan
Hiroshi NAKAMURA, Professor, Keio University, Japan
Takeshi SUZUKI, Associate Professor, Keio University, Japan
Satoshi MURAYAMA, IQVIA, Japan
Discussant: Katsuyoshi NAKAZAWA, Professor, Toyo University, Japan

Session 9A :Regional, Urban and Transportation Policy

Room 7411

Chair: Takao KOMINE, Professor, Taisho University, Japan
Determinants of Moroccan Youth Exclusion: Dropping out of University as a Case Study11

Speaker: Aomar IBOURK, Senior Professor, Cadi Ayyad University, Morocco
Jabrane AMAGHOUSS*, Assistant Professor, Cadi Ayyad University, Morocco
Discussant: Tomokazu NOMURA, Associate Professor, Osaka University of Economics, Japan
Structural Change in Rural Communities and Agricultural Decline in Japan
Speaker: Chenghua JIN*, Lecturer, Kanto Gakuen University, China (Japan)
Misuzu TAKAO, Ph.D. Student, Chuo Graduate School of Economics, Japan
Masahiro YABUTA, Professor, Chuo University, Japan
Discussant: Mirzosaid SULTONOV, Professor, Tohoku University of Community Service andScience, Tajikistan (Japan)

REGULAR SESSION C 2ND DAY NOVEMBER 17TH 12:00-14:00

Session 2C: Public Finance and Fiscal Policy

Room 7403

Chair: Kanae MUSHA, Professor, Sapporo University, Japan
Efficient Bargaining Versus Right to Manage in the Era of Liberalization
Speaker: Natasha MIAOULI*, Associate Professor, Athens University of Economics and Business,
GreecePanagiota KOLIOUSI, Post Graduate Student, Athens University of Economics andBusiness, Greece
Discussant: Hisashi OKAMOTO, Associate Professor, Kobe Gakuin University, Japan
Public Debt, Population Aging, and Fiscal Sustainability: The Case of Sri Lanka
Speaker: P.D.C.S. DHARMADASA, Senior Lecturer, University of Kelaniya, Sri Lanka
Discussant: Kenichi KASHIWAGI, Associate Professor, University of Tsukuba, JapanThe Dynamic Analysis of Maintenance Policy in A Growing Economy with Public Capital
Speaker: Yirui XU*, Professor, Senshu University, Japan
Yongyou LI, Professor, Zhejiang University of Finance and Economics, China
Hongshi JIN, Professor, Ryukoku University, Japan
Shian-Jang TZENG, Lecturer, Zhejiang University of Finance and Economics, Taiwan
Jianfu DING, Associate Professor, Zhejiang University of Finance and Economics, China
Discussant: Toshio UEMURA, Professor, Asia University, Japan

12

Session 3B: Monetary and Financial Policy

Room 7404

Chair: Toshinori TSUCHIDA, Professor, Kokugakuin University, Japan
Government Banks and Financial Development
Speaker: Rania KABIR*, Ph.D. Student, Ritsumeikan University, Bangladesh (Japan)
David FLATH, Professor, Ritsumeikan University, USA (Japan)
Discussant: Toru NAGAHARA, Associate Professor, Shibaura Institute of Technology, Japan
Political Instability and Corporate Board Decision Making Among Deposit Money Banks in
Nigeria
Speaker: Gadong Toma DALYOP*, Lecturer, University of Jos, Nigeria
Kingsley Kene NWACHUKWU, Lecturer, University of Jos, Nigeria
Discussant: Kenichi ISHIYAMA, Associate Professor, Kokushikan University, Japan

Session 4C: Growth, Development and Population Policy

Room 7405

Chair: Terukazu SURUGA, Professor, Okayama Shoka University, Japan
Analysis of Export-led Economic Growth in East Asia
Speaker: Kohei TAKENAKA*, Ph.D. Student, Kyoto Sangyo University, Japan
Yuko ARAYAMA, Professor, Kyoto Sangyo University, Japan
Discussant: Masami SAITO, Lecturer, Meiji University, Japan
Effect of Pakistan’s Ticking Population Bomb on Economy: Empirical Insight into Trio of
Women Education, Population and Economic Growths
Speaker: Arshad ALI, Assistant Professor, University of Malakand, Pakistan
Discussant: Noriko TANAKA, Lecturer, Showa Women’s University, Japan

Session 6B:

Labor Economics and Policy

Room 7406

Chair: Mitsuhiko IYODA, Professor Emeritus, Momoyama Gakuin University, JapanThe Determinates of Child Labor in Ghana's Cocoa Sector
Speaker: Nathan MUNIER*, Assistant Professor, Tokyo International University, USA (Japan)
Samuel AMPONSAH, Associate Professor, Tokyo International University, Ghana(Japan)13

Samreth SOVANNROEUN, Associate Professor, Saitama University, Cambodia (Japan)
Discussant: Eriko TERAMURA, Professor, Meikai University, Japan
Parental Leave Reform and Cohort Heterogeneity; Which has larger Effects on the Choiceof Married Women in Japan?
Speaker: Ryokichi CHIDA*, Professor, Meiji University, Japan
Risa HAGIWARA, Lecturer, Meikai University, Japan
Discussant: Sayaka SAKODA, Postdoctoral Fellow, Kyoto University, JapanHow Are Energy and Employment Related? An Analysis in ASEAN-5 Open Economies
Speaker: Chung-Khain WYE*, Senior Lecturer, Universiti Kebangsaan Malaysia, Malaysia
Elya Nabila Abdul BAHRI, Senior Lecturer, University of Malaya, Malaysia
Ishak YUSSOF, Professor, Universiti Kebangsaan Malaysia, Malaysia
Wei MAO, Lecturer, Guangxi University, China
Discussant: Yasuko HINOKI, Associate Professor, Osaka International University, Japan

Session 9B:

Regional, Urban and Transportation Policy

Room 7410

Chair: Takahiro TSUGE, Professor, Konan University, Japan
Effect of ‘Green Tourism’ Activities on Participants’ Environmentally Friendly Behaviour
Speaker: Misuzu TAKAO, Ph.D. Student, Chuo University, Japan
Discussant: Tomoya MORI, Lecturer, Yamaguchi University, Japan
Estimating the Effect of Tourism Demand Seasonality in Japan
Speaker: Kazuhiko NAKAHIRA*, Associate Professor, Meikai University, Japan
Masahiro YABUTA, Professor, Chuo University, Japan
Discussant: Takahiro TSUGE, Professor, Konan University, Japan
Convergence and Growth – Conflicting Goals of Economic Policy
Speaker: Mariam JIBUTI, Ph.D. Student, Ivane Javakhishvili Tbilisi State University, Georgia
Discussant: Takahiro TSUGE, Professor, Konan University, Japan

Session 10B: Resource and Environmental Policy
Chair: Masahiro YABUTA, Professor, Chuo University, Japan

14

Room 7411

Conjoint Analysis of Japanese Households’ Preferences for Renewable Energy and theConditions for its Diffusion
Speaker: Shin KINOSHITA, Associate Professor, Ryukoku University, Japan
Discussant: Satoshi WATANABE, Associate Professor, Aichi Shukutoku University, JapanAn Analysis of Climate-related Risk Awareness and Disclosure in Japanese Companies
Speaker: Aina URANO, Master’s Student, University of Tokyo, Japan
Discussant: Yoji INABA, Professor, Nihon University, Japan
Abatement Cost Estimation of Greenhouse Gas and Particulate Matters by Environmental
Policies on Electric Power Sector in Korea
Speaker: Nak-Gyun KIM, Senior Researcher, Research Institute of Economics and Management,
Korea Gas Corporation, Korea
Discussant: Kimihito ISE, Senior Research Fellow, Japan Electric Power Information Center, Japan

Session 12:

Law and Economics

Room 7412

Chair: Daisaku GOTO, Associate Professor, Hiroshima University, JapanAn Experimental Investigation of Cost Structure and Delegation in Contests
Speaker: Xiaoqing LAN*, Ph.D. Student, Nanyang Technological University, China
Yohanes Eko RIYANTO, Associate Professor, Nanyang Technological University,
Indonesia
Discussant: Daisaku GOTO, Associate Professor, Hiroshima University, Japan
Investigating the Nexus of Political Regimes, Public Services Delivery and Distributional
Inequality
Speaker: Saeeda BATOOL*, Assistant Professor, National University of Sciences and Technology,
Pakistan
Saira TUFAIL, Ph.D. Student, National University of Sciences and Technology, Pakistan
Discussant: Kiyoto KUROKAWA, Professor, Ritsumeikan University, JapanREGULAR SESSION D 2ND DAY NOVEMBER 17TH 14:10-16:10

Special Session 3C:

Monetary and Financial Policy
15

Room 7404

Chair: Takao IIDA, Professor, Sapporo University, Japan
Financial Cycles in the Asia Pacific Region: Characterization, Synchronization andDeterminants
Speaker: John BEIRNE, Research Fellow, Asian Development Bank Institute, Ireland (Japan)
Discussant: Toichiro ASADA, Professor, Chuo University, Japan
Financial Stress Spillover among Advanced and Emerging Economies
Speaker: Long TRINH*, Project Consultant, Asian Development Bank Institute, Vietnam (Japan)
Peter MORGAN, Senior Consulting Economist and Vice Chair of Research, AsianDevelopment Bank Institute, USA (Japan)
Lan NGUYEN, Senior Economist, Credit Risk Database Association, Vietnam (Japan)
Discussant: Takashi YAGI, Professor, Meiji University, Japan
Monetary Policy and SME Financing Costs: Evidence from a Quasi-Experiment
Speaker: Bihong HUANG*, Research Fellow, Asian Development Bank Institute, China (Japan)
Quanyun SONG, Assistant Professor, Southwestern University of Finance andEconomics, China
Yu WU, Associate Professor, Southwestern University of Finance and Economics, China
Lixin Colin XU, Lead Economist, World Bank, China
Discussant: Ryusuke OISHI, Associate Professor, Meikai University, Japan

Session 4D: Growth, Development and Population Policy

Room 7405

Chair: Yuko ARAYAMA, Professor, Kyoto Sangyo University, Japan
Explaining Yield Difference between Aman and Boro Rice in Bangladesh
Speaker: Md. Abdus SALAM, Ph.D. Student, Nagoya University, Bangladesh (Japan)
Discussant: Shigeru MATSUMOTO, Professor, Aoyama Gakuin University, JapanAn Analysis of Strategic Housing Market Assessment as an Evidence for the UK Local
Housing Policy
Speaker: Zhaoyuan LIU*, Ph.D. Student, University of Tokyo, China (Japan)
Soichiro TAKAGI, Associate Professor, University of Tokyo, Japan
Discussant: Ryokichi CHIDA, Professor, Meiji University, Japan
Labor Productivity and Poverty Reduction in Indonesia: An Assessment
Speaker: Abdul Wahid Fajar AMIN, Ph.D. Student, GRIPS, Indonesia (Japan)
16

Discussant: Xingyuan ZHANG, Professor, Okayama University, Japan

Session 5C: Industrial Organization and Structural Policy

Room 7406

Chair: Yukio MIYATA, Professor, Kwansei Gakuin University, Japan
Horizontal Merger with Cost Uncertainty in Differentiated Market
Speaker: Toshiki MATSUOKA, Ph.D. student, Kobe University, Japan
Discussant: Shin KINOSHITA, Associate Professor, Ryukoku University, Japan
Buy-Online-and-Pick-up-in-Store in Omnichannel Retailing
Speaker: Yasuyuki KUSUDA, Associate Professor, Nihon Fukushi University, Japan
Discussant: Satoru HASHIMOTO, Associate Professor, Teikyo University, Japan

Session 7: Public Economics and Public Choice

Room 7410

Chair: Taro OZAWA, Professor, Keio University, JapanNew Frontiers of Social Capital Study
Speaker: Yoji INABA, Professor, Nihon University, Japan
Discussant: Hiroo HARADA, Professor Emeritus, Senshu University, Japan
Social Norms, Financial Penalties and Discriminatory Behavior: A
Questionnaire-Experimental Evidence
Speaker: Mathieu BUNEL*, Associate Professor, University of New Caledonia, France
Elisabateh TOVAR, Associate Professor, University of New Caledonia, France
Discussant: Toshimitsu SUZUKI, Research Fellow, Economic and Social ResearchInstitute, Cabinet Office, Government of Japan, Japan
Microdata Analysis about the Effects of Health Status and Bequest Motive on the ElderlyHousehold Assets in Japan
Speaker: Koji YASUDA, Assistant Professor, Aomori Public University, Japan
Discussant: Haruhiko SATO, Professor, Heisei International University, Japan

Session 11B:

International Economic Policy

Chair: Yukihiro IIDA, Professor, Nishogakusha University, Japan
17

Room 7411

China-US Trade War: A Public Choice Perspective
Speaker: He GAO*, Associate Professor, Changchun University of Technology, China
Yoji TANIGUCHI, Professor, Chuo University, Japan
Discussant: Yusuke SHIBATA, Lecturer, Meiji University, JapanThe Importance of Economic Openness on Technical Efficiency in Global Perspective
Speaker: Shafiah Meike Serepina PASARIBU*, Master’s Student, Parahyangan Catholic
University, Indonesia
Ivantia Savitri MOKOGINTA, Lecturer, Parahyangan Catholic University, Indonesia
Charvin LIM, Lecturer, Parahyangan Catholic University, Indonesia
Yohanes Andika TJITRAJAYA, Master’s Student, Parahyangan Catholic University,
Indonesia
Ferensky Regina SANDJAJA, Student, Parahyangan Catholic University,
Indonesia
Discussant: Tatsuma WADA, Professor, Keio University, JapanThe Impact of International Political and Economic Events on Japanese Financial Markets
Speaker: Mirzosaid SULTONOV, Professor, Tohoku University of Community Service andScience, Tajikistan (Japan)
Discussant: Masumi KISHI, Professor Emeritus, Chuo University, Japan

Note: The mark * right after the name shows that the person is the speaker.

18Organization of the 18th International Conference
The JEPA
President: Taro OZAWA
The International Committee of the JEPA
Chair: Akira MAEDA
Vice Chair: Naotsugu HAYASHIThe Program Committee of the JEPA2019 International Conference
Chair: Mitsuhiko SATAKE
Vice Chair: Kazuhiko NAKAHIRA
Vice Chair: Shumpei YAOITA
Secretary General: Yukihiro IIDA
Vice Secretary General: Youya HASEGAWA
Members:
David FLATH, Mitsuhio SATAKE, Kentaro TACHI, Kanae MUSHA, Tetsuhiko IZUMI,
Yirui XU, Naotsugu HAYASHI, Kazuhiko NAKAHIRA, Toru NAGAHARA, Toru YARITA,
Yuko ARAYAMA, Ryokichi CHIDA, Tomoko KINUGASA, Kazuki TAKETOSHI,
Hajime MOTEGI, Yoshihiko AKASHI, Takashi YANAGAWA, Kunio KAMIYAMA,
Satoru HASHIMOTO, Youya HASEGAWA, Risa HAGIWARA, Tsukasa MATSUURA,
Kazufumi YUGAMI, Katsuyoshi OKUI, Taro OZAWA, Daisaku GOTO, Shumpei YAOITA,
Mazuru NAKAMURA, Kazuhiro YAGUCHI, Toshiaki KOUNO, Satoshi WATANABE,
Megumu KINUGAWA, Akira MAEDA, Masahiro YABUTA, Patrick Q. COLLINS,
Tatsuma WADA, Yukihiro IIDA, Mirzosaid SULTONOV, Toshiyasu IZAWA,
Kanji MURAMATSU, Yoji TANIGUCHI, Kazuyuki ISHIDAThe Managing Committee of the JEPA2019 International Conference
Chair: Yoji TANIGUCHI
Vice Chair: Hirokuni IIJIMA, Taisuke MATSUBAE
VISA Officer: Kazuhiko NAKAHIRA
Members:
Hiroshige TANAKA, Masahiro YABUTA, Toichiro ASADA, Hirokazu TAKIZAWA,
Kazuyasu KAWASAKI, Shinsuke ITO, Daisuke NAKAMURA, Tsukasa MATSUURA,

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(Revised: October 26, 2018. v2)

Call for Papers
International Journal of Economic Policy Studies (IJEPS)
Those who have presented their papers at the JEPA international conferences are cordially invited
to submit their manuscripts to publish in the International Journal of Economic Policy Studies(IJEPS). The IJEPS is an official refereed-journal of the Japan Economic Policy Association(JEPA). Starting from January 2019, it is scheduled to be published twice a year with Springer
Nature. See the publisher’s webpage: http://springer.com/42495
The IJEPS is calling for high-quality papers for the next issues. Follow the instructions below.
Submission Instruction
1. Qualification
IJEPS accepts all submissions any time in principle. However, to be given a priority treatment, thesubmitted paper must have been accepted and presented at one of the JEPA Conferences. It also
needs to be revised in accordance with comments and advises offered by the conference attendees
including discussants and chairpersons before submitting to the journal.
2. Deadline
The revised full paper must be submitted by one of the following deadlines so that it can easily fit
into the cycle of the journal issues.
Deadline 1: The end of December
Deadline 2: The end of July
Handling for reviews is on a first-come and first-served basis, and once decision of publication is
made, the paper is put on online-first publication before the printed version becomes available.
Thus, earlier submission will greatly benefit the author.
3. Format and Size
The length of the paper is expected to be around 6,000 to 8,000 words including all formulae,
references, tables and figures. Times New Roman and font size 11 point are recommended.
4. Language
For those who are Japanese-native speakers, the following option is available: The entire
peer-review process can be made in Japanese while the paper itself is written in English. That is,the corresponding author can obtain peer-review reports in Japanese and is allowed to make replies
in Japanese.
20For those who wish to take this option, please indicate as it is in the Toko Renraku Hyo(contact form) at the time of submission. For the detail, see the following web-site where the form
is available: http://jepa.jp/the-international-journal-of-economic-policy-studies/
5. Submission
Submit (1) cover letter (and Toko Renraku Hyo, if applicable), and (2) the manuscript (must containabstract, keywords, and JEL codes; author information should be only included in the separable
first page) by using “Submit Online” function at
http://springer.com/42495
For inquiry, write to ijeps@jepa-hq.com
Akira Maeda
IJEPS Editor-in-Chief
Professor, The University of Tokyo

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