Yoshitsugu Kanemoto

(Last updated: 2013.04.08)

Japanese version HERE
23150 th visitor since 1996.8.2

Professor and Vice President, National Graduate Institute for Policy Studies
Visiting Professor, Graduate School of Public Policy, University of Tokyo
Professor Emeritus, University of Tokyo


Areas of Special Interest: Urban Economics, Public Economics, Transportation Economics

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.


New Publications

Behrens, K, Kanemoto, Y., and Murata, Y., "The Henry George Theorem in a second-best world," Journal of Urban Economics 85 (2015), 34-51. (http://dx.doi.org/10.1016/j.jue.2014.10.002)

Kanemoto, Y., "Second-best cost-benefit analysis in monopolistic competition models of urban agglomeration," Journal of Urban Economics 76, 83–92, 2013. (http://dx.doi.org/10.1016/j.jue.2013.03.00)

Kanemoto, Y., "Evaluating benefits of transportation in models of new economic geography," Economics of Transportation 2, 53–63, 2013. (http://dx.doi.org/10.1016/j.ecotra.2012.11.003)

Kanemoto, Y., (2011), "Surplus Theory," A Handbook of Transport Economics, Edited by A. de Palma, R. Lindsey, E. Quinet, and R. Vickerman, Edward Elgar Publishing, Cheltenham Glos, UK, 479 - 499.

Discussion Papers

Behrens, K, Kanemoto, Y., and Murata, Y., "The Henry George Theorem in a second-best world," GRIPS Discussion Paper No. 14-11, 2014.

Kanemoto, Y., "Pitfalls in estimating “wider economic benefits” of transportation projects," GRIPS Discussion Paper No. 13-20, 2013.


Urban Employment Area: Metropolitan Area Data for Japanese Cities
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Digital Reprint of Theories of Urban Externalities, 1980 (Updated: 2001.9.19)