Chairman of the Board of Directors, Japan Electric Power Exchange (JEPX)
Adjunct Professor, National Graduate Institute for Policy Studies
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., "On measuring welfare changes when varieties are endogenous," GRIPS Discussion Paper No.16-26, 2016.

Behrens, K, Kanemoto, Y., and Murata, Y., "New trade models, elusive welfare gains," GRIPS Discussion Paper No.14-20, 2014.

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
C.V.
Digital Reprint of Theories of Urban Externalities, 1980 (Updated: 2001.9.19)