YANAGAWA, Noriyuki

YANAGAWA, Noriyuki

Name / Position

YANAGAWA, Noriyuki / Professor





Curriculum Vitae


Research Field

Financial Contracts, Law and Economics

Research Theme

In recent years, I have devoted myself to studying contract theory, incomplete contract theory and its applications in particular. I have theoretically examined optimal structure of financial laws, and topics on securitization, corporate rehabilitation and M&As. I also applied the same approach to economic analysis of corporate and contract laws and their optimal designs. Moreover, I am studying desirable organizational design using cases of contents industries and macro economic analysis from the perspective of contract theory.


Books and Monographs - 1995-

  • Economic Theory of Contract and Organization (in Japanese), Toyokeizai Shimposha, 2000
  • Economics of Corporate Law, (in Japanese) University of Tokyo Press, 1998 (with Y. Miwa and H. Kanda co ed.)
  • Strategic Trade Policy, (in Japanese) Yuhikaku, 1998

Articles - 1995-

  • “Long-term Investments and Financial Structure,” International Review of Finance, 1(1), 2000
  • “An Economic Analysis of Video Game Industry,” in M. Aoki and G. Teranishi eds., The East Asian Economies and the Japanese Company at a Turning Point, Toyokeizai Shimposha, 2000 (with N. Kuwayama, in Japanese)
  • “An Economic Analysis of Product Standardization,” Mita Gakkai Zasshi, 92(3), 1999 (with T. Endo, in Japanese)
  • “Corporate Strategy, Contract, and Trade Negotiation,” in Game by University of Tokyo, University of Tokyo Press, 1999 (in Japanese)
  • “Regulations about Cartel,” (in Japanese) in A. Goto and K. Suzumura eds., Japanese Competition Policy, University of Tokyo Press, 1999 (with I. Daito)
  • “Shareholders and Managers: Optimal Delegation Rules,” (in Japanese) in Y. Miwa, H. Kanda, and N. Yanagawa eds., Economics of Corporate Law, University of Tokyo Press, 1998
  • “Economic Analysis of Corporate Law,” (in Japanese) in Y. Miwa, H. Kanda, and N. Yanagawa eds., Economics of Corporate Law, University of Tokyo Press, 1998 (with T. Fujita)
  • “Endogenous Trade Policy and Foreign Direct Investment,” (in Japanese) Mita Gakkai Zasshi, 90(2), 1997 (with M. Tsumagari)
  • “Increasing the Capital Income Tax Leads to Faster Growth,” European Economic Review, 40(8), 1996 (with Harald Uhlig)
  • “Economic Development in a World with Many Countries,” The Journal of Development Economics, 49(2), 1996
  • “Managerial Myopia and Optimal Financial Structure,” (in Japanese) The Japanese Journal of Financial Economics, December 1996
  • “Exclusive Dealing Contract and Inefficient Entry Threat,” Economics Bulletin, 30(3), pp. 2478-2485, 2010 (with R. Oki)
  • “Exclusive Dealing and the Market Power of Buyers,” Asian Journal of Law and Economics, 2(1), Article 1, 2011(with R. Oki)

Articles - Selected Publications prior to 1995

  • “Product Standardization and Economic Growth,” Keizai Kenkyu, 45(3), 1994 (with I. Daito, in Japanese)
  • “Direct Investment versus Licensing: An Incomplete Contract Approach,” Japan and the World Economy, 6(2), June, 1994
  • “Cooperative and Non-cooperative R&D in Oligopoly: Quantity Competition versus Price Competition,” Hitotsubashi Journal of Economics, 34(1), June 1993 (with K. Suzumura)
  • “Asset Bubbles and Endogenous Growth,” Journal of Monetary Economics, 31(1), February 1993 (with Gene Grossman)
  • “Capital Income Tax and Economic Growth,” Mita Gakkai Zasshi, 85(3), 1992 (in Japanese)
  • “Unverifiable Qualities and Third Parties,” The Economic Studies Quarterly, 42(4), December 1991
  • “Roles of Money and Payment System,” Mita Gakkai Zasshi, 84(2), 991 (with M. Itoh, in Japanese)
  • “Rebate and Resale Price Maintenance,” in Y. Miwa and K.G. Nishimura eds., Japanese Distribution, University of Tokyo Press, 1991 (with M. Itoh and S. Matsushima, in Japanese)
  • “Tariff Jumping Foreign Direct Investment,” The Economic Studies Quarterly, 41(4), 1990 (in Japanese)

Other Professional Activities and Awards