GRIPS Faculty Directory

TANAKA, Makoto

Position Deputy Director of Admissions Office; Deputy Director of One-year Master's Program of Public Policy (MP1) and Two-year Master's Program of Public Policy (MP2); Professor
Degree Ph.D. in Economics, University of Tokyo
Specialty Energy, Environment, Industrial Organization
Current Research Interests Policy Issues in Energy, Environment, Industrial Organization
  • Professional Career

2003 Assistant Professor, National Graduate Institute for Policy Studies ( GRIPS )

2004 Faculty Fellow, Research Institute of Economy, Trade and Industry ( RIETI )

2007 Associate Professor, National Graduate Institute for Policy Studies ( GRIPS )

2008 Visiting Scholar, Johns Hopkins University, Whiting School of Engineering

2009 Visiting Scholar, University of California, Berkeley, Goldman School of Public Policy

2013 Professor, National Graduate Institute for Policy Studies ( GRIPS )



  • Selected publications

Tanaka, M., T. Ida, K. Murakami, and L. S. Friedman ( 2014 ) “Consumers' Willingness to Pay for Alternative Fuel Vehicles: A Comparative Discrete Choice Analysis between the US and Japan,” Transportation Research Part A: Policy and Practice, 70: 194-209.


Ida, T., K. Murakami, and M. Tanaka ( 2014 ) “A Stated Preference Analysis of Smart Meters, Photovoltaic Generation, and Electric Vehicles in Japan: Implications for Penetration and GHG Reduction,” Energy Research & Social Science, 2: 75-89.


Tanaka, M., and T. Ida ( 2013 ) “Voluntary Electricity Conservation of Households after the Great East Japan Earthquake: A Stated Preference Analysis,” Energy Economics, 39: 296-304.


Tanaka, M., and Y. Chen ( 2013 ) “Market Power in Renewable Portfolio Standards,” Energy Economics, 39: 187-196.


Hosoe, N., and M. Tanaka ( 2012 ) “Divestiture of TEPCO for Reparation for the Fukushima Nuclear Accident: A Path to Vertical Unbundling,” Energy Policy, 51: 207-212.


Tanaka, M., and Y. Chen ( 2012 ) “Emissions Trading in Forward and Spot Markets for Electricity,” The Energy Journal 33 ( 2 ) : 195-221.


Tanaka, M., and Y. Chen ( 2012 ) “Market Power in Emissions Trading: Strategically Manipulating Permit Price through Fringe Firms,” Applied Energy, 96: 203-211.


Tanaka, M. ( 2012 ) “Multi-Sector Model of Tradable Emission Permits,” Environmental and Resource Economics, 51 ( 1 ) : 61-77.


Tanaka, M. ( 2011 ) “The Effects of Uncertain Divestiture as Regulatory Threat,” Journal of Industry, Competition and Trade, 11 ( 4 ) : 385-397.


Tanaka, M. ( 2009 ) “Transmission-Constrained Oligopoly in the Japanese Electricity Market,” Energy Economics 31( 5 ) : 690-701.


Tanaka, M. ( 2007 ) “Extended Price Cap Mechanism for Efficient Transmission Expansion under Nodal Pricing,” Networks and Spatial Economics 7 ( 3 ) : 257-275.


Tanaka, M. ( 2006 ) “Real-Time Pricing with Ramping Costs: A New Approach to Managing a Steep Change in Electricity Demand,” Energy Policy 34 ( 18 ) : 3634-3643.


Hatta, T., and M. Tanaka, Eds. ( 2007 ) The Economics of Regulatory Reform: A Case Study of Electric Power Industry ( in Japanese ), Tokyo, Japan: Nikkei Publishing Inc.


Hatta, T., and M. Tanaka, Eds. ( 2004 ) Liberalizing Electricity Markets: An Economic Analysis ( in Japanese ), Tokyo, Japan: Toyo Keizai Inc



  • Social contribution

Editor, IEEE Transactions on Power Systems

Editorial Board, Journal of Modern Power Systems and Clean Energy

Guest Editor, Journal of Energy Engineering

Member, Working Group of Electric Power Industry, Committee on Regulatory Impact Analysis in the Field of Public Utility Rates, Cabinet Office ( CAO )

Member, Subcommittee to Evaluate System Reform, Electricity Industry Committee, Ministry of Economy, Trade and Industry ( METI )

Member, Energy Working Group, Subcommittee on Competition Enhancement, New Growth Policy Committee, Ministry of Economy, Trade and Industry ( METI )

Expert Member, Council for the Promotion of Regulatory Reform, Cabinet Office ( CAO )

Member, Study Group on the Smart Meter Scheme, Conference on the Next-Generation Energy and Social System, Ministry of Economy, Trade and Industry ( METI )



  • e-mail


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