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Print Program Event Report Information Date and Time: May 30, 2003 9:00-16:45 Venue: Keio University (Conference Hall, North Building) Language: English Host: RIETI, Keio University Summary and Observations Summary and Observations by MOTOHASHI Kazuyuki, Senior Fellow, RIETI Agenda / Handouts 9:00-9:10 Opening Remarks KURODA Masahiro (Member of the Academic Advisory Board, RIETI / Vice President (Academic Affairs) and Professor, Faculty of Business and Commerce, Keio University) 9:10-10:30 Session 1 Emergence of Asian Countries and Japanese Economy Chairman: Dale W. JORGENSON (Samuel W. Morris University Professor, Department of Economics, Harvard University) Speakers: "The Impact of East Asian Economic Development, including China, on Japan": Lawrence J. LAU (Kwoh-Ting Li Professor, Department of Economics, Stanford University)"The Impact of East Asian Economic Development, including China, on Japan" [PDF:172KB] "Financial Restructuring in Japan - a Korean Perspective -": Kun-Young YUN (Professor, Department of Economics, Yonsei University)"Financial Restructuring in Japan -a Korean Perspective -" [PDF:408KB] "Asia's Productivity Performance and Potential: A Sectoral Perspective": Bart van ARK (Professor, Faculty of Economics, University of Groningen)"Asia's Productivity Performance and Potential: A Sectoral Perspective" [PDF:104KB] 10:30-10:45 Coffee Break 10:45-12:05 Session 2 Economic Development of Japan and East Asia since the 1980's (Mid-term Results of RIETI's ICPA Project) Chairman: MOTOHASHI Kazuyuki (RIETI Senior Fellow / Associate Professor, Institute of Innovation Research, Hitotsubashi University)"RIETI International Comparison of Productivity among Pan-Pacific Countries (ICPA Project)" [PDF:120KB] Speakers: "Structural Change and Productivity in Japan" [PDF:772KB] KURODA Masahiro (Member of the Academic Advisory Board, RIETI / Vice President KAWAI Hiroki (RIETI Faculty Fellow / Associate Professor, Faculty of Economics, Keio University) SHIMPO Kazushige (RIETI Faculty Fellow / Associate Professor, Faculty of Business and Commerce, Keio University) NOMURA Koji (Associate Professor, Institute for Economic and Industry Studies, Keio University) "Interdependency in East Asia and the Post-Crisis Macroeconomic Adjustment in Korea": PYO Hak K. (Professor, Division of Economics, Seoul National University)"Interdependency in East Asia and the Post-Crisis Macroeconomic Adjustment in Korea" [PDF:780KB] "Report of preliminary results of ICPA project on China and Taiwan" KAWAI Hiroki (RIETI Faculty Fellow / Associate Professor, Faculty of Economics, Keio University)"ICPA project" [PDF:100KB] 12:05-13:10 Lunch 13:10-14:50 Session 3 Productivity of Japanese Economy and Implications for Long Term Growth Chairman: Bart van ARK (Professor, Faculty of Economics, University of Groningen) Speakers: "The Japanese Economy after Long Term Recession": HAYASHI Fumio (Professor, Faculty of Economics, University of Tokyo)"Japan's Lost Decade" [PDF:216KB] "The Role of IT in Productivity Growth": Dale W. JORGENSON (Samuel W. Morris University Professor, Department of Economics, Harvard University)MOTOHASHI Kazuyuki (RIETI Senior Fellow / Associate Professor, Institute of Innovation Research, Hitotsubashi University)"Economic Growth in Japan and the United States in the Information Age" [PDF:180KB] "Lessons for Japan from the American Growth Resurgence": Dale W. JORGENSON (Samuel W. Morris University Professor, Department of Economics, Harvard University) "Lessons for Japan from the U.S. Growth Resurgence" - Handouts [PDF:120KB] - Speech Summary "Technological Change and Accumulated Capital: A Dynamic Decomposition of Japan's Growth": KURODA Masahiro (Member of the Academic Advisory Board, RIETI / Vice President (Academic Affairs) and Professor, Faculty of Business and Commerce, Keio University) NOMURA Koji (Associate Professor, Institute for Economic and Industry Studies, Keio University)"Technological Change and Accumulated Capital :A Dynamic Decomposition of Japan's Growth" [PDF:1.7MB] 14:50-15:05 Coffee Break 15:05-16:35 Session 4 Panel Discussion: The Japanese Economy - Minutes [HTML Version] [PDF:88KB] Chairman: KURODA Masahiro (Member of the Academic Advisory Board, RIETI / Vice President (Academic Affairs) and Professor, Faculty of Business and Commerce, Keio University) Panelists: AOKI Masahiko (RIETI President / Professor, Stanford University) NAKAHARA Nobuyuki (Former Member of the Policy Board, Bank of Japan) HAMADA Koichi (Professor, Department of Economics, Yale University) Charles Yuji HORIOKA (Professor, Institute of Social and Economic Research, Osaka University)"THE JAPANESE ECONOMY" [PDF:28KB] 16:35-16:45 Closing Remarks: AOKI Masahiko (RIETI President / Professor, Stanford University) * The agenda is subject to change. 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