Public Policy Review

March 2013
Vol. 9 No. 2

Policy Research Institute
MINISTRY OF FINANCE
JAPAN

EDITORIAL BOARD

	Keimei Kaizuka		The University of Tokyo Honorary President, The Policy Research Institute, the Ministry of Finance
	Kazumi Asako		Hitotsubashi University
	Yoshibumi Aso		Keio University
	Shin-ichi Fukuda		The University of Tokyo
	Yoshio Higuchi		Keio University
	Toshihiro Ihori		The University of Tokyo
	Kazuhito Ikeo		Keio University
	Hideki Kanda		The University of Tokyo
	Masahiro Kawai		Asian Development Bank Institute
	Motonari Kurasawa		Yokohama National University
	Shigeki Morinobu		Chuo University
	Minoru Nakazato		The University of Tokyo
	Eiji Ogawa		Hitotsubashi University
	Eiji Tajika		Hitotsubashi University
	Shujiro Urata		Waseda University
	Akira Yokoyama		Chuo University
	Naoyuki Yoshino		Keio University

CONTENTS

	Quantitative Policy Analysis of Innovation Activities: Application to Dynamic Structural Estimation [458KB,PDF]
Daiya Isogawa
Hiroshi Ohashi
	Product Switching and Firm Performance in Japan ― Empirical Analysis Based on the Census of Manufacturers [443KB,PDF]
Atsushi Kawakami
Tsutomu Miyagawa
	The Funding through Capital Market and Firm Behavior － Decision-making on IPOs, SEOs and Bond Issues and the Post-funding Investments and R&D Activities [418KB,PDF]
Kaoru Hosono
Miho Takizawa
Kenji Uchimoto
Keishi Hachisuka
	External Finance Constraints and the Timing of Investment Spikes [791KB,PDF]
Kaoru Hosono
Masaki Hotei
Chie Umezaki
	Measurement of Intangible Investment by Industry and Economic Growth in Japan [1.65MB,PDF]
Tsutomu Miyagawa
Shoichi Hisa
	A Revised Estimation of Japan’s Income Tax Base [568KB,PDF]
Shigeki Morinobu
Atsushi Nakamoto