NATIONAL GRADUATE INSTITUTE FOR POLICY STUDIES

KANEMOTO, Yoshitsugu

- Position:
  Executive Advisor to the President; Director of Policy Analysis Program; Professor
- Degree:
  Ph.D.,(Regional Science) Cornell University
Current research interests:
Early work was concentrated on theoretical developments in urban economics. Contributions on urban economics are concerned with second best land use in the presence of unpriced congestion, optimal city size, and urban dynamics. I have since worked on a variety of fields such as optimal discount rates in the presence of asymmetric information in the credit market, labor contracts with unverifiable firm-specific human capital, regulation of the urban railway industry, and electric power market.

Professional Career:

1977	Ph.D., Cornell University
1977	Assistant Professor, Department of Economics, University of British Columbia
1980	Associate Professor, Tsukuba University
1984	Visiting Associate Professor, Queen's University, Canada
1988	Associate Professor, The University of Tokyo
1992	Professor, Graduate School of Economics, The University of Tokyo
2004-2011	Professor, Graduate School of Public Policy and Graduate School of Economics, the University of Tokyo
2008	Dean, Graduate School of Public Policy, the University of Tokyo
2010	Visiting Professor, GRIPS
2011-	Executive Advisor to the President; Professor, GRIPS

Selected Publications:
Kanemoto, Y., Theories of Urban Externalities, North-Holland, (1980).

Kanemoto, Y., "Congestion and Cost-Benefit Analysis in Cities," Journal of Urban Economics 2, 246-264, (1975).

Kanemoto, Y., "Cost-Benefit Analysis and the Second-Best Land Use for Transportation," Journal of Urban Economics 4, 483-503, (1977).

Kanemoto, Y., "Externality, Migration and Urban Crises," Journal of Urban Economics 8, 150-164, (1980).

Kanemoto, Y., "Pricing and Investment Policies in the System of Competitive Commuter Railways," Review of Economic Studies 51, 665-681, (1984).

Kanemoto, Y., "Asymmetric Information in the Credit Market and Discount Rates for Public Investment," Journal of Public Economics 34, 291-309, (1987).

Kanemoto, Y., "Hedonic Prices and the Benefits of Public Projects," Econometrica 56, 981-989, (1988).

Kanemoto, Y. and W. B. MacLeod, "The Ratchet Effect and the Market for Second-Hand Workers," Journal of Labor Economics 10, No.1, 85-98, (1992).

Kanemoto, Y. and W. B. MacLeod, "Firm Reputation and Self-Enforcing Labor Contracts," Journal of the Japanese and International Economies 1, 144-162, (1992).

Kanemoto, Y. and R. Kurima, (2005), "Urban Employment Areas: Defining Japanese Metropolitan Areas and Constructing the Statistical Database for Them," GIS-Based Studies in the Humanities and Social Sciences, Edited by A. Okabe. Taylor & Francis, Boca Raton, 85-97.

Kanemoto, Y., T. Kitagawa, H. Saito, and E. Shioji, (2005), "Estimating Urban Agglomeration Economies for Japanese Metropolitan Areas: Is Tokyo Too Large?" GIS-Based Studies in the Humanities and Social Sciences, Edited by A. Okabe. Taylor & Francis, Boca Raton, 229-241.

Kanemoto, Y., (2006), "Urban Transport Economic Theory," A Companion to Urban Economics, Edited by Richard J. Arnott and Daniel P. McMillen, Blackwell Publishing, Oxford, UK, 245-260.

Fellow, Regional Science Association International, 2007.
Social Contributions:
Member, Commission on Policy Evaluation and Evaluation of Independent Administrative Institutions, Ministry of Public Management, Home Affairs, Posts and Telecommunications (MPHPT), (2005.1.23 -2011.1.22)
      Chair, Subcommittee on Policy Evaluation (2005 - 2011)
Member, Council for Infrastructure, MLIT, (2001.2.27 - 2010.2.28)
Member, Council for Transportation Policy, MLIT, (1997 - 2007.7.31)
      Chair, Subcommittee on Civil Aviation (2006 - 2007.7.31)
Member, Advisory Committee for Natural Resources and Energy, METI, (2001.1.6 – present)
      Chair, Subcommittee on Electricity Industry (2010 - present)
e-mail: kanemoto