FullText URL oer_052_2_contents_eng.pdf
Publication Title Okayama Economic Review
Published Date 2020-11-06
Volume volume52
Issue issue2
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60794
Title Alternative Recent Trends in Currency Investment
FullText URL oer_052_2_025_032.pdf
Author Sakemoto, Ryuta|
Abstract  This paper surveys the recent trends in currency investment. In particular, this paper focuses upon strategies which employ cross-sectional information across countries. First, I introduce a carry trade that is the most popular investment strategy. Next, I explain developments of momentum and value strategies. Then, the other strategies are classifi ed into two groups. The former group exploits macroeconomic information such external debts and output growth. The latter group employs information in fi nancial markets such as term spreads and cross-sectional spot exchange rate return correlations. Finally, I describe two future research directions.
Publication Title Okayama Economic Review
Published Date 2020-11-06
Volume volume52
Issue issue2
Start Page 25
End Page 32
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60793
FullText URL oer_052_2_013_024.pdf
Author 津守 貴之|
Publication Title Okayama Economic Review
Published Date 2020-11-06
Volume volume52
Issue issue2
Start Page 13
End Page 24
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60792
Title Alternative Input pricing under strategic delegation: Application of Cournot-Ikema curve
FullText URL oer_052_2_001_011.pdf
Author 大越 裕史|
Abstract  Once a fi rm is vertically integrated, it is well-known that such a firm has an incentive to delegate quantity decision to its downstream affiliate to increase its total profits by manipulating its input price. This kind of analysis has been analytically done but this note applies Ikema's diagrammatic demonstration to the model with a vertically integrated fi rm to show how to derive the market equilibrium in "quantity-price" plane diagrammatically. First, we derive the locus that firms' optimal supplies at any price level, which is called "Cournot-Ikema curve" and derive the equilibrium point which is identifi ed with the intersection of a demand curve and the Cournot-Ikema curve. This paper fi nds that strategic delegation rotates the curve clockwise with a fixed point at a price level equal to marginal cost. Finally, our model is extended to the case that a multinational enterprise manipulates transfer price, and shows that such a tax motivated transfer price further rotates the curve.
Publication Title Okayama Economic Review
Published Date 2020-11-06
Volume volume52
Issue issue2
Start Page 1
End Page 11
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
FullText URL oer_052_2_contents.pdf
Publication Title Okayama Economic Review
Published Date 2020-11-06
Volume volume52
Issue issue2
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
FullText URL oer_052_1_contents_eng.pdf
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60006
FullText URL oer_052_1_075_098.pdf
Author 松尾 展成|
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
Start Page 75
End Page 98
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60005
Title Alternative J. H. Clapham, An Economic History of Modern Britain, vol. 3, Machines and National Rivalries (1887-1914), with an Epilogue (1914-1929), Outline, Epilogue
FullText URL oer_052_1_051_073.pdf
Author 一ノ瀬 篤|
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
Start Page 51
End Page 73
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60004
Title Alternative Report of Questionnaire Survey on Self-Organity of Non-Profit Organizations
FullText URL oer_052_1_029_050.pdf
Author 吉永 光利| 松田 陽一|
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
Start Page 29
End Page 50
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60003
Title Alternative Construction of IO Table in cities, towns, and villages: New Approach
FullText URL oer_052_1_011_027.pdf
Author 中村 良平|
Abstract  This paper proposes a new approach to construct IO Table called“ Reduced Form Approach.” There are a survey method and a non-survey method for constructing the regional input-output table. This paper proposes a hybrid approach that combines a survey method in terms of utilizing individual information and a survey method in the sense of conducting a questionnaire survey of business establishments.  The most difficult part of constructing a regional input-output table is estimating the value of exports and imports. Furthermore, in an open regional economy, exports and imports have a large weight. In many of the conventional methods, the import/export rate was taken from the input-output table of the prefecture, and the import/export value was extracted as the residual of the expenditure balance. In this paper, we propose a “Reduced Form Approach” that reproduces the input-output table from the production induced value. This not only overcomes the difficulty of balance adjustment, but also realizes the visibility of simulation analysis using an input-output table.
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
Start Page 11
End Page 27
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/60001
Title Alternative Accounting Research and Fundamental Analysis
FullText URL oer_052_1_001_010.pdf
Author 中川 豊隆|
Abstract The purpose of this paper is to examine fundamental analysis from an accounting perspective and clarify its value and significance. For that purpose, I focus on quantitative investment strategies, capital market research in accounting, accounting anomalies, mispricing, and research paths. Fundamental analysis is one of the important directions in empirical accounting research that has been studied since Ball and Brown( 1968). Fundamental analysis influences neighboring research areas, and thus it should not be ignored or downplayed in accounting research because of the dissemination of quantitative investment strategies.
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
Start Page 1
End Page 10
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
FullText URL oer_052_1_contents.pdf
Publication Title Okayama Economic Review
Published Date 2020-07-03
Volume volume52
Issue issue1
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
FullText URL oer_051_2-3_contents_e.pdf
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
FullText URL oer_051_2-3_139.pdf
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 139
End Page 141
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/58076
Title Alternative Eduald Bernstein, Ein Geleitwort zu Magyariens Schuld Ungarns Sühne : Revolution und Gegenrevolution in Ungarn von Oszkár Jászi
FullText URL oer_051_2-3_131_137.pdf
Author Ota, Yoshiki|
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 131
End Page 137
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/58075
FullText URL oer_051_2-3_123_129.pdf
Author Okamoto, Akira|
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 123
End Page 129
ISSN 2433-4146
language 英語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/58074
Title Alternative Equality and Distributive Justice Reconsidered: Related to Wages, Insurance, Taxes and Social Security
FullText URL oer_051_2-3_107_122.pdf
Author Niimura, Satoshi|
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 107
End Page 122
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/58073
Title Alternative Zur Geschichte der sächsischen Landbevölkerung
FullText URL oer_051_2-3_085_106.pdf
Author Matsuo, Nobushige|
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 85
End Page 106
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/58072
Title Alternative Report on the Interview in Management of High Performance Team Medical Care
FullText URL oer_051_2-3_053_084.pdf
Author MATSUDA, Yoichi|
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 53
End Page 84
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
NAID 120006812125
JaLCDOI 10.18926/OER/58071
Title Alternative Clusters and Hierarchies
FullText URL oer_051_2-3_039_052.pdf
Author Tomae, Hisao|
Abstract  Porter( 1990) proposes the concept of“ cluster”. The purpose of this paper is to examine how clusters are positioned between the market and the hierarchies, as Porter( 1998) presents the challenge. At the same time, there are intermediate organizations such as a series between the market and the hierarchy, so we will also discuss them. As for the hierarchical organization, we conducted a case study of Yokoyama Seimou, and examined its characteristics. The significance of this paper is the following two points.( 1)Hierarchical organization, competition by visible hands, division of process in Ota Ward, and cluster can simultaneously achieve productivity and innovation. (2) Regarding Yokoyama Seimou’s case study, the company is located in an area that can hardly be called a cluster and is a hierarchical organization that vertically integrates processes, the company has succeeded in meaningful joint development with other companies. As an implication for the region, it is also important to view the whole of Japan as a network, regardless of the cluster.<br/>  The structure of this paper will be discussed in the order of Porter’s theory of clusters, existing research on intermediate organizations, Yokoyama’s case study, discussion, and conclusion.
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 39
End Page 52
ISSN 2433-4146
language 日本語
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher