Professor (PhD in Economics, Kyoto University)
external link Activity Database on Education and Research / Personal Website (none)
Fields of Research: Role of Bank finance, Trade Credit and Equity finance in Corporate Finance of Developing Economies and its Development Process, Innovation and Corporate Finance in Developing Economies, Political Connection and Rent-seeking Behaviour of Firms in Developing Economies, Generation of Entrepreneurs in Developing Economies,
Academic Backgrounds: I earned a Master’s Degree in Economics from Graduate School of Economics, Kyoto University in 1994. I got an academic position as Lecturer at Faculty of Integrated Arts and Sciences, University of Tokushima in 1999 while I finished a doctorate at Graduate School of Economics, Kyoto University in 2001. I came back to Kyoto University as an Associate Professor in 2010 and promoted to Professor in 2017. I have served as the Vice Director of the International Graduate Programme for East Asia Sustainable Economic Development Studies since 2012.
Research Activities: My research interest is in corporate finance in developing and emerging economies, with a special focus on the role of bank finance, trade credit and equity finance for corporate innovation. Furthermore, I take account of quality of institutions and rent-seeking behaviour of firms including corruption when investigating development finance issues. Investigating these topics, I aim to finally clarify the process for generation of entrepreneurs in developing and emerging economies. For my empirical trials, I have used and use econometric analysis using micro data such as firm-level panel data. At the same time, with the collaboration of local researchers, I have conducted a lot of field surveys such as interview surveys to firm managers, bankers, government officials mainly in China.
Courses in Charge: Econometric Analysis of Asian Economies; Econometric Analysis of Developing Economies; Introduction to East Asian Economies; Field Research in East Asia; GSE Seminar
Skills and Qualities Required for Prospective Students: I would like my prospective students to have rigorous knowledge of undergraduate-level microeconomics, macroeconomics, econometrics, and statistics. It would be better for them to have the experiences of conducting econometric analyses using a package soft and field surveys. It is also important for my prospective students to have consciousness of policy making and policy relevancy of empirical and theoretical analyses.
Examples of Thesis Subjects:
- Essays on the Political Economy of Corruption and Anti-corruption: Evidence from China (2019)
- Agglomeration, Financing and Firm Performance: Evidence from High and New Technology Firms in China (2018)
- Banking Reform, Financial Development and Performance of SMEs: Evidence from China (2017)
- Formal Finance and Informal Finance in China’s Ethnic Minority Areas (2014)
- Financing and Smoothing for Corporate Innovation Activities: Evidence from China (ongoing)
- The Impact of Regional Social Capital on Corporate Innovation in China (ongoing)
- The Impact of Missionary Expansion on Contemporary Gender Equality in China (2020)
- Family Planning Policy and Women Empowerment (2020)
- The Impact of Mispricing on Corporate Investment in China Capital Market (2020)
- The Roles of Venture Capital Investment in Firm Performance: Empirical Evidence from China (2019)
- The Influence of Institutional Investors on Chinese Listed Firms’ Innovation (2019)
- Anti-corruption and Corporate Innovation: Evidence from Recent Anti-corruption Campaigns in China (2016)