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Public Policy Review


This volume introduces the collaborative research initiatives that have recently been advanced by the Ministry of Finance and the National Tax Agency. Focusing on the objectives, framework, and outcomes of these initiatives, it consists of papers that explain the significance of the joint research projects and papers presenting research findings that are ready for publication at the time of release. The preparation of this special issue benefited from the cooperation of experts serving on the Expert Committee on Collaborative Research Using Export and Import Declaration Data, the Expert Committee on Collaborative Research Using Tax Data, as well as other researchers participating in these projects. Through these contributions, the volume provides readers with an overview of the development and achievements of these collaborative research efforts.


The ‘Flexible Declaration Scheme’ of Japan Customs:Prevalence, Determinants, and Consequences(PDF:1666KB)

NEGISHI Shintaro

SASAHARA Akira

OTSUKA Takanori

ITO Fumiharu


Burden Reduction and Redistribution Effects of Deductions in Income Tax: An Analysis Using Tax Data(PDF:906KB)

OHNO Taro

OKAMOTO Shingo

INABA Kazuhiro


Evaluating Tax Return Data as a Source of Income Statistics(PDF:1421KB)

UNAYAMA Takashi

SANO Shinpei

YUGAMI Kazufumi

INABA Kazuhiro


Analysis of loss-making corporations using corporate tax returns(PDF:1463KB)

DOI Takero

BESSHO Shun-ichiro

MORI Katsuki

Reports and Papers

PRI Discussion Papers

Title/Keywords

Authors

Creation Date
/No.

Protecting Subsidiaries from Exchange Rate Risk: The Role of Ownership Ratios in Invoice Currency Choices(PDF:297KB)

Keywords:Ownership ratio, Invoice currency, Intra-firm trade, Overseas subsidiaries, Japan Customs transaction data
JEL Classification: F12, F13, F31
Faculty of International Social Sciences, Yokohama National University, Japan

Uraku Yoshimoto

Faculty of International Social Sciences, Yokohama National University, Japan

Kiyotaka Sato

Faculty of Economics, Chuo University, Japan

Taiyo Yoshimi

School of International Relations and Public Policy, Columbia University, USA

Takatoshi Ito

Faculty of Economics, Gakushuin University, Japan

Junko Shimizu

Faculty of Economics, Shiga University, Japan

Yushi Yoshida

February 2026
/26A-01

 

Seminars


Upon request by the Government of the Republic of Uzbekistan, Policy Research Institute (the PRI) has been providing the Banking and Finance Academy (BFA) with intellectual support for human resource development in Uzbekistan since the BFA’s establishment in 1996. This support has included accepting the BFA students for seminars held in Japan and dispatching the Honorable First Vice-Rector of the BFA (part-time).

During the PRI delegation’s visit to Tashkent, Uzbekistan, the PRI held a Joint Seminar with the Ministry of Economy and Finance of the Republic of Uzbekistan (UMOEF) and the BFA. On this occasion we had a productive discussion with the executives of the BFA on our future support to the Academy.


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The Policy Research Institute (PRI) and National Council of Applied Economic Research (NCAER) held “The PRI-NCAER Joint Workshop” online on April 17, 2024. In this collaborative workshop, the NCAER delivered the presentation about Logistics Cost in India and Socio-Economic Impact of Platform Workers, followed by the discussion among participants.

International exchange and other events


On October 24, 2025, the Policy Research Institute (PRI) and the Chinese Academy of Fiscal Sciences (CAFS), jointly held the 8th Japan-China Think Tank Forum on Finance Policy in Tokyo, focusing on “Current Economic Trends and Policy Considerations for Demographic Changes”. Since 2016, the PRI has held joint seminars with the CAFS which operates under the auspices of the Chinese Ministry of Finance.


At the Forum, speakers delivered presentations on “Current Economic Situation and Fiscal Policy” and “Social Safety Net Design in Response to Demographic Changes”. Commentators then provided their opinions on these presentations, leading to active discussions.


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The Policy Research Institute (PRI), the Fiscal Affairs Department of the IMF, and the Asian Development Bank Institute (ADBI) held the 10th Tokyo Fiscal Forum “Strengthening Fiscal Sustainability and Public Finance Operations” on June 11 and 12, 2025 in person.


Government officials and experts in fiscal policy from 19 countries in Asia the Pacific and officials from international organizations intensively discussed " Credible and Robust Fiscal Framework " and " Digitalizing Public Finance Operations " from a policy perspective, based on examples of initiatives in Asian and Pacific countries.


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