Yuichi  Furukawa

Professor of Economics, Chuo University




-   yfurukawa660[at sign]g.chuo-u.ac.jp

- Associate Editor, Economic Modelling 

- Managing Editor, IJET 

 Citations at Google Scholar  Japanese  CV

Publication

NEW!  Love of Novelty: A Source of Innovation-Based Growth... or Underdevelopment Traps? (with Tat-kei Lai and Kenji Sato), Macroeconomic Dynamics 28, 647–574, April 2024.  

NEW!  Two-Dimensional Constrained Chaos and Industrial Revolution Cycles (with Makoto Yano), Proceedings of the National Academy of Sciences 120 (5), e2117497120, January 2023. 

Should the Government Subsidize Innovation or Automation? (with Angus C. Chu,  Guido Cozzi, and Chih-Hsing Liao), Macroeconomic Dynamics 27, 1059 –1088, June 2023. 

Rent-Seeking Government and Endogenous Takeoff in a Schumpeterian Economy (with Angus C. Chu and Xiling Wang), Journal of Macroeconomics 72, 103399, June 2022. 

Inflation, Unemployment and Economic Growth in a Schumpeterian Economy (with Angus C. Chu,  Guido Cozzi, and Haichao Fan), Scandinavian Journal of Economics 123, 874–909, July 2021.  

Dynamic Effects of Patent Policy on Innovation and Inequality in a Schumpeterian Economy (Angus C. Chu, Sushanta Mallick, Pietro Peretto, and Xilin Wang), Economic Theory 71, 1429–1465, March 2021.    

Minimum Wages, Import Status, and Firms' Innovation: Theory and Evidence from China (Angus C. Chu, Zonglai Kou, and Xueyue Liu), Economic Inquiry 59,  441–458, January 2021. 

Novelty-Seeking Traits and Applied Research Activities (with Tat-kei Lai and Kenji Sato), Applied Economics Letters 27 (11), 945–950, May 2020. 

Innovation and Inequality in a Monetary Schumpeterian Model with Heterogeneous Households and Firms  (with Angus C. Chu,  Guido Cozzi, Haichao Fan, and Chih-Hsing Liao), Review of Economic Dynamics 34, 141–164, October 2019.  

Tourism, Capital/Labor Inflow, and Regional Development (with Kenji Kondoh and Shigemi Yabuuchi), International Advances in Economic Research 25, 221–233, May 2019.  

Inflation and Innovation in a Schumpeterian Economy with North-South Technology Transfer (with Angus C. Chu, Guido Cozzi, and Chih-Hsing Liao), Journal of Money, Credit, and Banking 51, 683–720, March 2019.  

Inflation and Economic Growth in a Schumpeterian Model with Endogenous Entry of Heterogeneous Firms (with Angus C. Chu, Guido Cozzi, and Chih-Hsing Liao), European Economic Review 98, 392–409, September 2017.  

Growth and Cultural Preference for Education in China (with Angus C. Chu and Dongming Zhu), Journal of Macroeconomics 49, 192–202, September 2016.   

Unions, Innovation, and Cross-Country Wage Inequality (with Angus C. Chu and Guido Cozzi), Journal of Economic Dynamics and Control 64, 104–118, March 2016. 

Patents, R&D Subsidies and Endogenous Market Structure in a Schumpeterian Economy (with Angus C. Chu and Lei Ji), Southern Economic Journal 82, 809–825, January 2016. 

Leapfrogging Cycles in International Competition, Economic Theory 59, 401–433, June 2015. 

Effects of Economic Development in China on Skill-Biased Technical Change in the US (with Angus C. Chu and Guido Cozzi), Review of Economic Dynamics 18, 227–242, April 2015.

Market Quality and Market Infrastructure in the South and Technology Diffusion (with Makoto Yano), International Journal of Economic Theory 10, 139–146, February 2014. 

The Struggle to Survive in the R&D Sector: Implications for Innovation and Growth, Economics Letters 121, 26–29, October 2013. (Corrections with Sumiko Niwa)

Patentability and Knowledge Spillovers of Basic R&D (with Angus C. Chu), Southern Economic Journal 79, 928--945, April 2013.  

On the Optimal Mix of Patent Instruments (with Angus C. Chu), Journal of Economic Dynamics and Control 35, 1964–1975, November 2011. 

Intellectual Property Protection and Innovation: An Inverted-U Relationship, Economics Letters 109, 99–101, November 2010.

Intellectual Property Rights and Appropriability of Innovation (with Taro Akiyama), Economics Letters 103, 138–141, June 2009. 

Endogenous Growth Cycles, Journal of Economics 91, 69–96, May 2007.  

The Protection of Intellectual Property Rights and Endogenous Growth: Is Stronger Always Better? Journal of Economic Dynamics and Control 31, 3644–3670, November 2007. (more than 200 citations at Google Scholar)

Work in Progress 

Evolution from Political Fragmentation to a Unified Empire in a Malthusian Economy (with Angus C. Chu and Pietro Peretto), MPRA Paper No. 118253.  

Explaining Declining Business Dynamism: A Monetary Growth-Theoretic Approach (with Tat-kei Lai  and Sumiko Niwa), RIETI Discussion Paper Series 21-E-058, September 2021. (The original version was published in July 2021.)  Revise and Resubmit. 

How Minimum Wages Affect Automation and Innovation in a Schumpeterian Economy (Angus C. Chu,  Guido Cozzi, Haichao Fan, and Chih-Hsing Liao), MPRA Paper No. 103974, April 2020. 

Is Income Inequality Always the Fellow Traveler of Average Consumption Growth? A Demand-Side Story (with Martine Carré), May 2019. (to be updated soon) 


Economic Black Holes and Labor Singularities in the Presence of Self-replicating Artificial Intelligence (with Makoto Yano), RIETI Discussion Paper Series 20-E-009, February 2020.  

Role of Intercity Dependence in a Depopulated Region (with Takaji Suzuki), CUIE Discussion Paper Series No. 1903, June 2019. 

Learning by Doing and Strategic Interaction in Environmental Policies in a Two-country Model (with Yasuhiro Takarada), MPRA Paper 79820, June 2017.  

Can Trade Unions Increase Social Welfare? An R&D Model with Cash-in-Advance Constraints (with António Neto and Ana Paula Ribeiro), MPRA Paper 77312, March 2017. 

A Simple Theory of Offshoring and Reshoring (with Angus C. Chu and Guido Cozzi),  MPRA Paper 44557, February 2013. 

Education

Ph.D. (Economics) Yokohama National University, 2005

M.A. (Economics) Yokohama National University, 2002

B.A. (Economics) Keio University, 2000