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Author Yamada, Akira|
Published Date 1998-03-15
Publication Title 岡山大学経済学会雑誌
Volume volume29
Issue issue4
Content Type Article
JaLCDOI 10.18926/OER/41608
FullText URL oer_029_4_125_132.pdf
Author Fujimoto, Takao| Ranade, Ravindra R.|
Abstract This paper presents a geometrical approach to the univalence problem for a system of cost functions. We present a natural (almost tautological) extension of a geometrical theorem due to McKenzie: our sufficient condition is related to the non-separability of two cones formed by convex combinations of the rows of the Jacobian matrix. This means that the cones spanned by the rows of Jacobian matrix (i.e., production coefficients) do not move wildly so that the two cones corresponding to the two end points (i.e., factor price vectors) cannot be separated by the hyperplane orthogonal to the vector of changes in factor prices. Unlike most ofthe previous propositions, our condition can naturally include as a special case such linear systems as having a non-singular matrix. We also give an alternative condition employing the concept of monotone functions. Dual to the above result is one more condition, which is shown to be closely connected with Kuhn's WARP-like requirement when the given functions are concave as well as homogeneous of degree one.
Publication Title 岡山大学経済学会雑誌
Published Date 1998-03-15
Volume volume29
Issue issue4
Start Page 125
End Page 132
ISSN 0386-3069
language English
File Version publisher
NAID 110000129917
JaLCDOI 10.18926/OER/41607
Title Alternative Japanischer Militärarzt und Dichter Rintarou Ougai MORI in Sachsen, 1884-1886
FullText URL oer_029_4_087_124.pdf
Author Matsuo, Nobushige|
Publication Title 岡山大学経済学会雑誌
Published Date 1998-03-15
Volume volume29
Issue issue4
Start Page 87
End Page 124
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129912
JaLCDOI 10.18926/OER/41606
Title Alternative On the Matting Industry in Hayashima District of Okayama Prefecture in the Pre-Wored War II Period
FullText URL oer_029_4_061_086.pdf
Author Kandatsu, Haruki|
Publication Title 岡山大学経済学会雑誌
Published Date 1998-03-15
Volume volume29
Issue issue4
Start Page 61
End Page 86
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129911
JaLCDOI 10.18926/OER/41605
Title Alternative The Accumlation of Local Debt and the Reform on the System of Accounts in Local Public Finance
FullText URL oer_029_4_029_060.pdf
Author Sakamoto, Chuji|
Abstract Recently in Japan, we found much public debt in local public finance. In this treatise, we refer to some backgrounds of current increase of local debt, and analyze the present situation of Okayama Prefecture. We also investigate the financial structures of Yamaguchi Prefecture, Hiroshima Prefecture and Osaka Prefecture. Following these analyseis, we suggest the necessity to introduce the system of stock-accounts including double entry bookkeeping in local public finance.
Publication Title 岡山大学経済学会雑誌
Published Date 1998-03-15
Volume volume29
Issue issue4
Start Page 29
End Page 60
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129910
JaLCDOI 10.18926/OER/41604
Title Alternative Promoting Research Activities and Management Reform in Universities : An Approach from Policy Sciences
FullText URL oer_029_4_001_028.pdf
Author Yamamoto, Kiyoshi|
Abstract Many commentators have insisted without empirical evidence that the heterogeneity of fuculty members promotes the research activities in universities. We have to examine whether or not this assertion would be valid and which element of heterogeneity may contribute to promoting research outputs. This article investigates the relationship between heterogeneity in educational background and research performance, then examines how the Science Research Grant has been allocated to faculties in economics. The result shows that the more heterogeneous faculty members are, the more the research outputs increase. The analysis also indicates that the research performance has been little considered in making decision for adoption while it has made significant effect on the amount of grant for the adopted subject.
Publication Title 岡山大学経済学会雑誌
Published Date 1998-03-15
Volume volume29
Issue issue4
Start Page 1
End Page 28
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129909
JaLCDOI 10.18926/OER/41603
Title Alternative Reconsideration on My Seminar in Okayama University
FullText URL oer_029_3_109_138.pdf
Author Kandatsu, Haruki|
Publication Title 岡山大学経済学会雑誌
Published Date 1997-12-10
Volume volume29
Issue issue3
Start Page 109
End Page 138
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129905
Author Katayama, Sadao|
Published Date 1997-12-10
Publication Title 岡山大学経済学会雑誌
Volume volume29
Issue issue3
Content Type Article
Author Nakano, Michiko|
Published Date 1997-12-10
Publication Title 岡山大学経済学会雑誌
Volume volume29
Issue issue3
Content Type Article
JaLCDOI 10.18926/OER/41600
FullText URL oer_029_3_079_085.pdf
Author Fujimoto, Takao|
Abstract This note is to provide a bridge between traditional local analysis for comparative statics and its global counterpart. Many economists vaguely believe that it is possible to obtain a global result by applying consecutively a series of local results. This belief is not well founded in models where parameters enter in a not-so-simple way. An example is given to show that local analysis is after all local. In the proof of the first main theorem, a consecutive use of a well known local result is employed. Some necessary assumptions are explicitly stated. Then this theorem is applied to establish another main theorem in which a simple repetitive application of local analysis may break down because some required properties cease to hold. This two-stage approach seems to be useful in tackling with other types of equations. As an application of our theorems, a general equilibrium model with Hicksian imperfect stability is taken up. A comparative statics result due to Hicks is extended to the case of global changes. An interesting point to note is that when dealing with global comparative statics, the old system plays no explicit role. Only the new system matters together with the new and old equilibrium values. Understanding this point is important when we come to consider such real situations as involve technical changes in which new processes as well as new commodities turn up.
Publication Title 岡山大学経済学会雑誌
Published Date 1997-12-10
Volume volume29
Issue issue3
Start Page 79
End Page 85
ISSN 0386-3069
language English
File Version publisher
NAID 110000129908
JaLCDOI 10.18926/OER/41599
Title Alternative Socio-Economic Features of the Meiji Era Reflected in Literature
FullText URL oer_029_3_057_077.pdf
Author Kandatsu, Haruki|
Publication Title 岡山大学経済学会雑誌
Published Date 1997-12-10
Volume volume29
Issue issue3
Start Page 57
End Page 77
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129904
JaLCDOI 10.18926/OER/41598
Title Alternative Representative Arguments on the Formation of Bubbles : Pigeonholing the Points at Issue - The Period of Bubbles (1) -
FullText URL oer_029_3_031_055.pdf
Author Ichinose, Atsushi|
Abstract The aim of this paper is to compare and examine the following three books focusing our attention on the process of the formation of bubbles: Giichi Miyazaki, The Compound Depression, 1992: Yukio Noguchi, Economics of Bubbles, 1992: Yoshio Suzuki, Monetary Policy in Japan, 1993. Miyazaki deems the first phase of bubble formation to be 1983-87 and the second to be 1988-89. His subjective intention is to explain bubbles through deregulation of finance. Yet objectively, his analysis emphasizes firstly, the Bank's intervention (increase of money supply) after the Plaza agreement, and secondly, MOF's preferential treatments on taxation to firms. His biggest problem is the ambiguity in his basis of the above phase-division, which affects his wlole discussion. Noguchi regards the latter half of 1980's as the bubble period. He points out, first of all, the prosperity of so-called equity finance and zaiteku (technology of finance) as formative factors. Secondly, above all, he refers to the prolonged cheap money. Nevertheless he isn't successful in explaining why bubbles began to swell from the year 1986. Suzuki deems the years 1988-89 to be the bubble period. He argues that it is the long-maintainded cheap money policy, which later proved to be an over-reaction to the Black Monday in Oct. 1987, that brought about bubbles. His arguments are clear, but seem to part from the reality. He excludes the years 1986-87 from the bubble period, as to neglect the extravagant inflow of short-term foreign money and the Bank's intervention above. To conclude, it is very important to clarify to the utmost extent when bubbles began to swell. This prescribes one's analysis of bubbles. We regard 1983-85 as the early phase of formation and 1986-89 as that of fuller-scale. Furthermore the possibility of watered fundamentals as well as the exorbitant short-term capital inflow during 1986-87 (and its relation to bubbles) should not be overlooked.
Publication Title 岡山大学経済学会雑誌
Published Date 1997-12-10
Volume volume29
Issue issue3
Start Page 31
End Page 55
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129903
JaLCDOI 10.18926/OER/41597
Title Alternative The Tasks for Decentralization and Financial Reform - Concerning the Second Report of the Local Decentralization Promoting Committee -
FullText URL oer_029_3_001_029.pdf
Author Sakamoto, Chuji|
Abstract In my last two papers, I have studied some points of issue on local decentralization, concerning the interim report and the first report by the local decentralization promoting committee. In this paper, we investigate on the historical aspects and the present situation of Kikaninin-Jimu (agency delegated functions) in Japan, and then, we study the intergovernmental financial reforms after the abolition of 'Kikaninin-Jimu'. We are discussing the rationalization of special grants, the intensification of local taxes and the reforms of the floting system of local debts, relating to the second report of the local decentralization promoting committee in 1997.
Publication Title 岡山大学経済学会雑誌
Published Date 1997-12-10
Volume volume29
Issue issue3
Start Page 1
End Page 29
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129902
JaLCDOI 10.18926/OER/41596
Title Alternative My Lectures and Seminars in the Evening Course of Okayama University
FullText URL oer_029_2_133_161.pdf
Author Kandatsu, Haruki|
Publication Title 岡山大学経済学会雑誌
Published Date 1997-09-05
Volume volume29
Issue issue2
Start Page 133
End Page 161
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129900
JaLCDOI 10.18926/OER/41595
FullText URL oer_029_2_119_132.pdf
Author Fujimoto, Takao|
Publication Title 岡山大学経済学会雑誌
Published Date 1997-09-05
Volume volume29
Issue issue2
Start Page 119
End Page 132
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129896
JaLCDOI 10.18926/OER/41594
Title Alternative The Standard of Living of Workmen in the End of Meiji Era
FullText URL oer_029_2_085_118.pdf
Author Kandatsu, Haruki|
Publication Title 岡山大学経済学会雑誌
Published Date 1997-09-05
Volume volume29
Issue issue2
Start Page 85
End Page 118
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129899
JaLCDOI 10.18926/OER/41593
FullText URL oer_029_2_061_084.pdf
Author Yamamoto, Kiyoshi|
Abstract The new public mangement (NPM) has now been in fashion in many developed countries. The change from cash accounting to accrual accounting is considered an important tool in NPM. The New Zealand Government and the executive agencies in the UK transfered to accrual based budgeting and accounting, while the member countries of EU and the US Government control the expenditures in cash based. This paper aims to explain why the different approaches are adopted in public sector reforms in terms of comparative institutional analysis. Firstly, a multiprincipal and agent model, which expands the contingency model in accounting reforms into the arena of management reforms, is presented. By using the model, the reforms in the Japanese local governments are examined and their possible reforming scenarios are indicated; the reforms have the possibility of improving accountability and efficiency when NPM would be integrated with Planning, Programming and Budgeting System.
Publication Title 岡山大学経済学会雑誌
Published Date 1997-09-05
Volume volume29
Issue issue2
Start Page 61
End Page 84
ISSN 0386-3069
language English
File Version publisher
NAID 110000129897
JaLCDOI 10.18926/OER/41592
Title Alternative Chinese Society Observed through Popular Jingles in the Transitional Period from Deng Xiaoping to Jiang Zemin
FullText URL oer_029_2_025_060.pdf
Author Oka, Masumi|
Abstract In my previous works I tried to analyze the various phases of the Chinese society through six hundred popular jingles or "min-yao" under the regime of Deng Xiaoping, and also made it clear that the unprecedented boom of popular jingles was caused by the expantion of social contradictions and partial lifting of the prohibition ofjingles critical of the regime. Deng Xiaoping died in February 1997 after two and half years of his 'complete retirement' from the political world in September 1994. It is understood that this is the very period when Jiang Zemin carried out the succession of power from him. In the present study, I clarify social phenomena seen through forty-two jingles in this transitional period. They indicate that China has a deepening tendency of corruption not only among aristocratic communists but also in the whole society. The sensational suicide of Wang Baosen, an ex-deputy mayor of Beijing, shows us that corruption prevails among top leaders of the country as well. This study also reveals that morality on sex has deteriorated on the nationwide scale during these years.
Publication Title 岡山大学経済学会雑誌
Published Date 1997-09-05
Volume volume29
Issue issue2
Start Page 25
End Page 60
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129898
JaLCDOI 10.18926/OER/41591
Title Alternative On Mimicking as a Sequential Policy Implementation
FullText URL oer_029_2_001_023.pdf
Author Fujimoto, Toshimi|
Abstract The basic structure and functions of the so-called "mimicking" regime of macroeconomic policy-making are investigated here by using a simple one-instrument (money supply)-and-two-targets (inflation and employment) policy model composed of aggregate Lucas-type supply and ordinary demand functions in such a framework of 2-period sequential equilibrium analysis as Persson and Tabellini used, with a seemingly minor but consequently important change in one of the assumptions Persson and Tabellini posited. The assumption is the one concerned with the tough-type government's trade-off between the two targets, and the change is shown to result in a more economically interpretable criterion by which the weak-type can choose between pooling equilibrium with mimicking and separating one without it.
Publication Title 岡山大学経済学会雑誌
Published Date 1997-09-05
Volume volume29
Issue issue2
Start Page 1
End Page 23
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129901
JaLCDOI 10.18926/OER/41590
Title Alternative "Ikken Kuchigaki Utsushi" by Gisuke, 1837 (II)
FullText URL oer_029_1_137_158.pdf
Author Kandatsu, Haruki|
Publication Title 岡山大学経済学会雑誌
Published Date 1997-06-05
Volume volume29
Issue issue1
Start Page 137
End Page 158
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129876