The 12th International Conference of the Economic Policy Association

Making Economic Policy "Smart":

Rules for Global Sustainability

Time Schedule and Program

1st version

26 & 27 October, 2013

Sapporo University

Sapporo, Hokkaido, JAPAN

1 Time Schedule

1st day Oct.26 9:00~ Registration 10:00 10:00~ Opening Session (10min.+10min.+10min.) 10:30 10:30~ Plenary Session 1: "Policy and Rules to Overcome the Global Financial Crisis" 12:30 12:30~ Lunch 13:30 Session Session Session Session Session Session Session A1-1: A2-2A: A3-4A: A4-5A: A5-6A: A6-10A: A7-11A: 13:30~ Theory of Public Finance Growth, Industrial Labor Resource & International 15:30 Economic & Fiscal Development Organization Economic & Environmental Economic Policy Policy & Population Policy Policy Policy Policy 15:30~ Break 15:40 15:40~ Plenary Session 2: "Smart Regulation for Sustainability" 17:50 17:50~ Break 18:00 18:00~ Welcome Banquet 20:00 20:00~ Program Committee 21:00

2nd day Oct.27 Session Session Session Session Session Session Session B1-2B: B2-3A: B3-4B: B4-5B: B5-6B: B6-10B: B7-11B: 9:30~ Public Monetary & Growth, Industrial Labor Resource & International 11:30 Finance & Financial Development Organization Economics & Environmental Economic Fiscal Policy Policy & Population Policy Policy Policy Policy 11:30~ Lunch 13:00 Session Session Session Session Session Session Session C1-3B: C2-4C: C3-5C: C4-7: C5-10C: C6-11C: C7-13: 13:00~ Monetary & Growth, Industrial Public Resource & International Comparative 15:00 Financial Development Organization Economics & Environmenta Economic System Policy & Population Policy Public Choice l Policy Policy Analysis Regular Session (Report 20min.+Discussion 10min.+Reply 5min.+FloorQ&A 5min.=40min.)

2 Session Program

PLENARY SESSION 1 1ST DAY OCTOBER 26TH 10:30-12:30

Theme: "Policy and Rules to Overcome the Global Financial Crisis" Chair:

Economic Depression and Inflation Targeting Policy Speaker: Bennett T. MCCALLUM, Professor, Carnegie Mellon University, USA Discussant: Naotsugu HAYASHI, Professor, Hosei University, JAPAN

Abenomics: How to Overcome Japan's Long Depression and the Global Financial Crisis Speaker: Kazumasa IWATA I, President of Japan Center for Economic Research, Ex Deputy Governor of the Bank of Japan, JAPAN Discussant: Yasuyuki IIDA, Professor, Meiji University, JAPAN

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REGULAR SESSION A 1ST DAY OCTOBER 26TH 13:30-15:30

Session A1-1 : Theory of Economic Policy Room 1 Chair: Kazuyasu KAWASAKI, Professor, Toyo University

Is Government Spending Counter-Cyclical or Pro-Cyclical? Speaker: Anthony J. MAKIN, Professor, Griffith University, AUSTRALIA Discussant: Takao KOMINE , Professor, Hosei University, JAPAN

Extending Gateau rule Speaker: Dan QIN, Ph.D. student, Waseda University, JAPAN Discussant: Negotiating

Session A2 -2A: Public Finance and Fiscal Policy Room 2 Chair: Junichi NAGAMINE, Professor, Kwansei Gakuin University

Urban Sprawl and Local Governmental Costs in Japan Speaker: Tomoya IDA, Professor, Oita University, JAPAN Discussant: Negotiating

Enhanced Debt Management for the Eurozone: Reconnecting public debt management with monetary policy to attain sustainable growth and national debt Speaker: Richard A. WERNER, Professor, University of Southampton Management School, UK Discussant: Kazuyuki ISIDA, Tokushima University, JAPAN

Fiscal Policy Effectiveness in Japan: Experiences from Recent Policies Speaker: Tomomi MIYAZAKI, Associate Professor, University, JAPAN Discussant: Negotiating

Session A3-4A: Growth, Development and Population Policy Room 3 Chair: Yuko ARAYAMA, Professor, Nagoya University

Education Choice, Government’s Preferences, and Human Capital Accumulation Speaker: Kei MURATA, Associate Professor, Shizuoka University, JAPAN

4 Discussant: Negotiating

Small Privately-Owned and Large State-Owned Manufacturing Firms: A Comparison of Production Frontier and Technical Efficiency in Vietnam, 2000 – 2005 Speaker: VU Thi Bich Lien, PhD student, Nagoya University, JAPAN Discussant: Negotiating

Misallocation and growth in an entry liberalization period Speaker: Thang Ngoc BACH, Ph.D. Student, The University of Queensland, AUSTRALIA Discussant: Negotiating

Session A4-5A : Industrial Organization and Structural Policy Room 4 Chair: Takashi YANAGAWA, Professor, Kobe University

Leveraged Firms, Patent Licensing, and Limited Liability Speaker: Yi-Jie Wang, Ph.D. student, National Dong Hwa University, Discussant: Negotiating

The Scientific Linkage between Patents and Firm Productivity: Evidence from Taiwanese Electronics Firm Level Panel Data Speaker: Jong-Rong CHEN, Professor, National Central University, TAIWAN Discussant: Negotiating

Information Technology and Modern Business Organization Speaker: Soichiro TAKAGI, Ph.D Candidate, University of Tokyo, JAPAN Discussant: Negotiating

SessionA5- 6A : Labor Economics and Policy Room 5 Chair: Negotiating

Remittances and the Household Expenditures an Health and Education in Tajikistan Speaker: Mirzosaid SULTONOV, Research Fellow, Kobe University, JAPAN Discussant: Negotiating

Parental Migration, Family Migration, and Human Capital Formation Speaker: Akira SHIMADA, Associate Professor, Nagasaki University, JAPAN Discussant: Negotiating

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An Analysis of the Relationship between Occupation and Women Who Continue Working after Childbirth in Japan Speaker: Kayo NOZAKI, Project Lecturer, Keio University, JAPAN Discussant: Negotiating

Session A6-10A : Resource and Environmental Policy Room 6 Chair: Soocheol LEE, Professor, Meijo University

How Much Greenhouse Gas Did Hybrid-Vehicle Drivers Save?: Analysis of Japanese Used Market Data Speaker: Shigeru MATSUMOTO, Professor, Aoyama Gakuin University, JAPAN Discussant: Negotiating

Food Security and Land Inequality Decomposition: Evidence from Northern Laos Speaker: Souksavanh VIXATHEP, Assistant Professor, Kobe University, JAPAN Discussant: Negotiating

Tourism Destinations and the Management of Common Pool Resources: A Case Study of the Marine Resort Areas Speaker: Takashi OZAWA, Fellow researcher, Center for Research and Promotion of Japanese Islands Discussant: Negotiating

SessionA7- 11A : International Economic Policy Room 7 Chair: Terukazu SURUGA, Professor, Kobe University

Agglomeration Effects of Inter-firm Backward and Forward Linkages: Evidence from Japanese Manufacturing Investment in China Speaker: Nobuaki YAMASHITA, Senior Lecturer, La Trobe University, AUSTRALIA Discussant: Negotiating

Distortion Problems in grain white rice market Speaker: Hiroyoshi KASAHARA, Ph.D. student, Reitaku University, JAPAN Discussant: Negotiating

The Effect of Domestic Macroeconomic Environment on Imported Grain Prices in an Open Economy Speaker: LiHsien CHIEN, Associate Professor, National Chung Hsing University, TAIWAN

6 Discussant: Negotiating

PLENARY SESSION 2 1ST DAY OCTOBER 27TH 15:40-17:50

Theme: "Smart Regulation for Sustainability"

Chair: Tesshu KOSHIBA, Professor, Tohoku Gakuin University

“Regulation in the Feed Legislation of the EU and Japan ” Speaker: Alexander DORING, Secretary General European Feed Manufacturers Federation

Symposium Moderator: Takao IIDA, Professor, Sapporo University Symposiast: Katsuaki SHUGIURA, Professor, University of Tokyo Symposiast: Toshiyasu ITHO, Vice President, Marubeni Nisshin Feed Symposiast: Koji MINO, Executive Director, Japan Association for International Collaboration of Agriculture and Forestry Symposiast: Yoshiaki TADA, Plant Manager, Snowseed Symposiast: Negotiating ( from TAIWAN )

WELCOME BANQUET 1ST DAY OCTOBER 26ST 18:00-20:00

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REGULAR SESSION B 2ND DAY OCTOBER 27ST 9:30-11:30

Session B1-2B: Public Finance & Fiscal Policy Room 1 Chair: Kazuyuki ISHIDA, Negotiating

Policy Impotence and the IS-LM Model Speaker: James Richard RHODES, Senior Professor, National Graduate Institute for Policy Studies (GRIPS), JAPAN Discussant: Negotiating

Real Burden of Government Debts under Volatile Price Changes with Simulation Analysis of Japanese Government Bonds Speaker: Masao TSURI, Associate Professor, Okayama University, JAPAN Discussant: Negotiating

Child Care Policy and Pay-As-You-Go Pension Speaker: Masaya YASUOKA, Associate Professor, Kwansei Gakuin University, JAPAN Discussant: Tetsuhiko IZUMI, Associate Professor, Kaetsu University, JAPAN

Session B2-3A : Monetary and Financial Policy Room 2 Chair: Charles PARK, Professor, Kumamoto Gakuen University

Policy and Remedy Recommendations for the Global Financial Crisis:From the Perspective of Turkish Capital Market Experiences Speaker: Hanifi KOROGLU, Expert, Capital Markets Board of Turkey, TURKEY Discussant: Negotiating

Who Upholds the Surging Gold Price? : The Role of the Central Bank Worldwide Speaker: Ku-Hsieh CHEN, Associate Professor, Fo Guang University, TAIWAN Discussant: Negotiating

A Consideration of Feasibility of Microcredit in Japan Speaker: Tetsuo FUJITA, Senior Economist, The Japan Research Institute, JAPAN Discussant:

Session B3-4A : Growth, Development and Population Policy Room 3

8 Chair: Ryokichi CHIDA, Professor, Meiji University

Foreign Health Aid and Endogenous Growth Speaker: Meng-Yi TAI, Associate Professor, Fo Guang University, TAIWAN Discussant: Negotiating

Trends in Rural Wage Rates: Whether India Reached Lewis Turning Point Speaker: Anugu Amarender REDDY, Scientist (Economics), Institutions and Policies ICRISAT/CGIAR/Hyderabad, India Discussant: Negotiating

Agriculture Input Reform, Transaction Costs and Welfare under Globali zation: CGE Analysis for the Democratic Republic of Congo Speaker: Christian S.E. OTCHIA, Doctoral Candidate, Nagoya University, JAPAN Discussant: Negotiating

Session B4-5B : Industrial Organization and Structural Policy 1 Room 4 Chair: Tesshu KOSHIBA, Professor, Tohoku Gakuin University

Licensing an Outsider Innovation in a Vertically Differentiated Duopoly with Bertrand Competition Speaker: Ping-Sing KUO, Associate Professor, National Dong Hwa University, TAIWAN Discussant: Negotiating

Restricting Exclusive Territories and Social Welfare: The Structural Estimation in the Japanese Automobile Industry Speaker: Takuro TANAKA, PhD. Student, Kobe University, JAPAN Discussant: Negotiating

Analysis of Merger Effect Using Event Study Approach: Evidence from the Steel Industry in Japan Speaker: Yusuke IKUTA, PhD. Student, Kobe University, JAPAN Discussant: Negotiating

Session B5-6B : Labor Economics and Policy Room 5 Chair: Junichi GOTO, Professor, Keio University

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Childbirth and Employment Status Selection: The Effects of Child Care Leave Benefit Rate and Length of Child Care Leave Speaker: Ryokichi CHIDA, Professor, Meiji University, JAPAN Discussant: Negotiating

Contribution of Education to Economic Growth: Does Highly Advancement Rate of Universities Have Effects on Economic Growth? Speaker: Ryo TAKESHITA, Ph.D. Student, Meiji University, JAPAN Discussant: Negotiating

Dynamics of Rural Labour Markets: Evidence from Longitudinal Panel Data in India Speaker: Anugu Amarender REDDY, Scientist (Economics), Institutions and Policies ICRISAT/CGIAR/Hyderabad, India Discussant: Negotiating

Session B6-10B : Resource and Environmental Policy Room 6 Chair: Akira MAEDA, Professor, The University of Tokyo

Impacts of 2nd Generation Bio-Ethanol Production on Japanese Economy: Evidence from a Computable General Equilibrium Model Speaker: Yoji KUNIMITSU, Chief Researcher, National Institute for Rural Engineering of NARO / Rural Development Planning Division, JAPAN Discussant: Negotiating

How does total factor productivity contribute to sustainable development? Speaker: Masayuki SATO, Associate Professor, Kobe University, JAPAN Discussant: Negotiating

Environmental Impact of the 2008 Beijing Olympic Games Speaker: Huijuan CAO, Ph.D. Student, Tohoku University, JAPAN Discussant: Negotiating

Session B7-11B : International Economic Policy Room 7 Chair: Haruo HORAGUCHI, Professor, Hosei University

International Outsourcing and Standards

10 Speaker: Run DUAN、 Ph. D. Student, The University of Tokyo, JAPAN Discussant: Negotiating

The Exchange Rate Regimes, Institutional Quality and Japanese Firms’ Behavior: A Panel Data Analysis Speaker: Ivan DESEATNICOV, Research Associate, Waseda University, JAPAN Discussant: Negotiating

Comparative Analysis of Institutional Designs and Policy Processes toward the Introduction of Emissions Trading Systems in Japan and Korea Speaker: Soocheol LEE, Professor, Meijo University, Live Japan Discussant: Negotiating

REGULAR SESSION C 2ND DAY OCTOBER 27TH 13:00-15:00

Session C1-3B: Monetary and Financial Policy Room 1 Chair: Kozo HARIMAYA, Professor, Ritsumeikan University

Creating a Sentiment Index That Reflects Stock Market Features Speaker: Akira MAEDA, Project Professor, The University of Tokyo, JAPAN Discussant: Negotiating

The Hybrid New Keynesian Phillips Curve and the Inflation Expectation in Japan Speaker: Kazuhiko NAKAHIRA, Associate Professor, Tokyo University of Science, JAPAN Discussant: Negotiating

Taxation on Capital Market: An Issue of Indonesian Capital Gains Tax on Shares Traded in the Stock Exchange Speaker: Eureka PUTRA, Ph.D. Student, Graduate School of East Asian Studies, Yamaguchi University, JAPAN Discussant: Negotiating

Session C2-4C: Growth, Development and Population Policy Room 2 Chair Xingyuan ZHANG, Okayama University, JAPAN

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TFP Growth in Inland Regions of China: A Study of the Effects of Three Factors Speaker: Yanqing JIANG, Associate Professor, Shanghai International Studies University, CHINA Discussant: Negotiating

Does R&D investment have a significant impact on firm’s idiosyncratic volatility as a Growth Option? -Empirical evidence from Japanese market- Speaker: Sisi ZHOU, Ph.D. Student, Meiji University, JAPAN Discussant: Negotiating

Public Enterprise Privatization: A General Equilibrium Analysis Speaker: Wen-Jung LIANG, Professor, Department of Economics National Dong Hwa University, TAIWAN Discussant: Negotiating

Session C3-5C : Industrial Organization and Structural Policy Room 3 Chair: Yoshihiko AKASHI, Professor, City University

Identification of Auction Models with an Unknown Number of Bidders Speaker: Yusuke MATSUKI, Postdoctoral Fellow, Graduate School of Environmental Studies, Tohoku University, JAPAN Discussant: Negotiating

A Study of the Effect of Branding Activities in B2B Markets - From Viewpoint of After-market Dealers - Speaker: Sanako KUBO, Ph.D. Student, Rikkyo University, Graduate School of Business Design, JAPAN Discussant: Negotiating

Consumers’ preference and bundling of a multiproduct monopoly to foreclose the competitive market Speaker: Qing HU, Ph.D. Student, Kobe University, JAPAN Discussant: Negotiating

Session C4-7: Public Economics and Public Choice Room 4 Chair: Akira YOKOYAMA, Professor, Chuo University

Is Neutrality Emerged in Modified Joy-of-Giving Bequest Motive? Speaker: Mizuki NAKAMA, Professor, Faculty of Economics, Yamaguchi

12 University, JAPAN Discussant: Negotiating

The Determinants of Life Insurance Purchasing Behavior among the Middle Age and Elderly in Taiwan Speaker: Saruultuya TSENDSUREN, Ph.D. Candidate, Asia University, TAIWAN Discussant: Negotiating

Crowding out Effects of Affordable and Non-Affordable Housing Construction in China Speaker: Nannan YUAN, Ph.D. Student, Graduate School of Economics, KOBE UNIVERSITY, JAPAN Discussant: Negotiating

Natural Disaster assistance and Rational Insurance Program: a need to Rethink the two hands in economic theory Speaker: LiHsien CHIEN, Associate Professor, Department of Applied Economics, National Chung Hsing University, TAIWAN Discussant: Negotiating

Session C5-10C : Resource and Environmental Policy Room 5 Chair: Masahiro YABUTA, Professor, Chuo University

The Impact of Natural Disasters on Production in the Case of the Great Hanshin-Awaji Earthquake Speaker: Shunsuke MANAGI, Postdoctoral Fellow, Graduate School of Environmental Studies, Tohoku University, JAPAN Discussant: Negotiating

The Effects of cross-border electricity trade on investment in CO2 abatement by Japanese power companies Speaker: Aiko AZUMA, Doctoral research fellow, Public Policy School, Hokkaido University, JAPAN Discussant: Madoka SAEGUSA, Socio-Economic Research Center, JAPAN

Decontamination–Intensive Reconstruction Policy in Fukushima under Governmental Budget Constraint after 3.12 Explosion Speaker: Noritsugu FUJIMOTO, Associate Professor, Faculty of Symbiotic Systems Science, Fukushima University, JAPAN

13 Discussant: Negotiating

Session C6-11C : International Economic Policy Room 6 Chair: FumioYOSHINO, Professor, Takushoku University

Assessing the impact of trade facilitation in SADC region Speaker: Albert Makochekanwa, Lecturer, University of Zimbabwe, ZIMBABWE Discussant Negotiating

Stock Price, Exchange Rate and Quantitative Easing Speaker: Lee-Jung Lu, Ph.D. Student, Department of Leisure Management, Tungnan University, TAIWAN Discussant: Yukihiro IIDA, Professor, Nishogakusha University, JAPAN

Rethinking the Role of International Trade and Environment: An Application to Thailand Speaker: Panisa VISHUPHONG, Ph.D. Candidate, Graduate School of International Development, Nagoya University, JAPAN Discussant: Negotiating

Session C7-13 : Comparative System Analysis Room 7 Chair: Yujiro OIWA, Professor, Tokyo International University

The Cost of Revolution and Sustainability of Dictatorship Speaker: Makoto KUROSAKA, Professor, Osaka University of Economics, JAPAN Discussant: Negotiating

The Effects of Privatization on Economic Performance in Transitional Economies Speaker: Sigeharu NOMURA, Professor, Osaka University, JAPAN Discussant: Negotiating

Analysis of the Regional Plural Prefecture Economic Zone through the Interregional Trades Speaker: Kanae MUSHA, Associate Professor, Sapporo University, JAPAN Discussant: Negotiating

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