Masao Nakamura
B.S., M.S.
(Keio), Ph.D. (Johns
Professor
Office: 261
Tel: (604) 822-8434
Fax: (604) 822-8477
E-mail: masao.nakamura@sauder.ubc.ca
Mailing Address:
The University of British Columbia
Sauder School of Business
2053 Main Mall
Vancouver, B.C., Canada
V6T 1Z2
Other
Positions
Konwakai
Acting Director (July 1, 2008 - June 30, 2009) and Professor,
Editorial
Board, Managerial & Decision
Economics
Research
and Teaching Interests
- International Business, Technology and
Environmental Management
- Japanese and Asian Economies
- Corporate Governance
- Economic Behavior of Firms and Households
- Econometrics
Link
to CareerOwl: Placement Opportunities for Job Seekers and Recruiters
Links to Courses and MDE Special Issues
- Commerce
498: International Business Management
- IAR 515G (directed
studies): Multinational Firms and Policy Issues in Asia-Pacific
- Commerce 490E
(Section 014): Business and Economies in East Asia
- BAIM 507:
International Management of Technology Transfer
- Managerial
& Decision Economics [Vol.24, Nos.2-3, pp.47-239 (March - May 2003)]:
Special Issue on Research Alliances and Collaborations
- Managerial
& Decision Economics [Vol.18, No.2, pp.71-208 (March 1997)]:
Special Issues on Japan
Publications
Books
Changing
Japanese Business, Economy, and Society: Globalization of Post-Bubble Japan(Ed.),
Palgrave Macmillan,
Alliances,
Cooperative Ventures and the Role of Government In The Knowledge Based Economy:
Policy Issues for
The
Japanese Business and Economic System: History and Prospects for the 21st
Century(Ed.), Palgrave Macmillan,
The
Input-Output Table for Environmental Analysis (Sangyo Bunsekiyou Sangyo
Renkanhyo), in Japanese, (with
K.Asakura, H.Hayami, M.Mizoshita, S.Nakano, M.Shinozaki, A.Washizu and
K.Yoshioka), 236 pages, 2001, Keio University Press,
Technological
Progress and Competitiveness (with S.
Globerman, K.Ruckman, I.Vertinsky and T.Williamson), Natural Resources
Japan
in the Global Age: Cultural, Historical and Political Issues on
Japanese
Economic Policies and Growth:Implications for Businesses in Canada and North
America, (with I. Vertinsky), 1994,
Sources of
Total Factor Productivity for Japanese Manufacturing Industries, 1964-1988:
Issues in Scale Economies, Technical Progress, Industrial Policies and
Measurement Methodologies, (with
K. Yoshioka and T. Nakajima), Keio Economic Observatory Research Monograph
Series,
The
Second Paycheck: A Socio-economic Analysis of Earnings,(with A.
Nakamura), with Foreword by James J. Heckman, Academic Press (1985). Reviews of
this book are found in: Journal of Economic Literature 125, 1987, pp.
162-163, by Solomon W. Polachek; Industrial and Labor Relations Review
40, 1987, p. 301, by Morley Gunderson; Choice, January 1986, p. 776, by E.P.
Hoffman; Journal of the American Statistical Association 182, 1987, pp.
684-685, by M. Anne Hill; Economic Journal 96, 1986, p. 896, by Shirley
Dex; Journal of Political Economy 95, 1987, pp. 653-656, by Martin D.
Dooley; Economic Studies Quarterly 39, 1988, pp. 284-286, by T. Inoki
(in Japanese).
Employment
and Earnings of Married Females
,(with A. Nakamura and D. Cullen), 1971 Census Analytic Studies Programme,
Statistics Canada (December 1979) (available in English and French). Abstracted
in Journal of Economic Literature, Vol. 18, No. 2 (June 1980), pp.
713-714.
Journal Articles
Business Groups and the
Big Push: Meiji Japan 's Mass
Privatization and Subsequent Growth, (with R. Morck), Enterprise
Greenhouse gas emissions
in Canada and Japan
Technical change in a
bubble economy: Japanese manufacturing firms in the 1990s, (with T. Nakajima,
A. Nakamura and E. Nakamura), Empirica
(Journal of Applied Economics and Economic Policy) 34, 2007, 247-271. [pdf]
Japanese corporate
governance practices in the post-bubble era: Implications of institutional and
legal reforms in the 1990s and early 2000s, International Journal of
Disclosure and Governance 3, 2006, 233-261. [pdf]
Electricity Markets
Volatility: Estimates, Regularities and Risk Management Applications," Energy
Policy 34, 2006, 1736-1749. [pdf]
Joint venture
instability, learning and the relative bargaining power of the parent firms, International
Business Review 14, 2005, 465-493. [pdf]
The Life Cycle CO2 Emission Performance of
the DOE/NASA Solar Power Satellite System: A Comparison of Alternative Power
Generation Systems in
Bureaucratization of Environmental Management
and Corporate Greening: An Empirical Analysis of Large Manufacturing Firms In
Japan, (with T.Takahashi), Corporate Social Responsibility and Environmental
Management 12, 2005, 210–219. [pdf]
How the Organizational Structure of Environmental
Management Influence Corporate Greening: An Empirical Analysis of Large
Manufacturing Firms in Japan, (with T.Takahashi), Environmental Information
Science (Kankyo Joho Kagaku), (in Japanese with English abstract), Vol. 33,
No. 1, March 2004, 52-61.
Firm Performance, Knowledge Transfer and
International Joint Ventures, (with A.Nakamura), International Journal
of Technology Management (Journal international de la gestion technologique;
Internationale Zeitschrift für technologiemanagement), 27, 2004, 731-746. [pdf]
Corporate Governance and Management Practices
in
A Joint Japan-China Research Project for
Reducing Pollution in
Cooperative R&D and the
Research alliances and collaborations:
Introduction, Managerial and Decision
Economics 24, 2003, 47-49. [pdf]
Mixed Ownership of Industrial Firms in
A Contingent Claim Analysis of Closed-End
Fund Premia, (with B.Korkie and H.J. Turtle), International Review of
Financial Analysis,10, 2001, 365-394. [pdf]
Response of Canadian Industry to Climate Change:
Is It up to the Kyoto Challenge? (with T.Takahashi, van Kooten and I.
Vertinsky), Journal of Environmental Management,63, 2001, 149-161. [pdf]
Why Japanese Firms Choose to Certify: A Study
of Managerial Responses to Environmental Issues (with T.Takahashi and
I.Vertinsky), Journal of Environmental Economics and Management,42,
2001, 23-52. [pdf]
Banks, Ownership Structure, and Firm Value in
Banks and Corporate Control in
The Asia-Pacific Economy in Transition, Business Review Journal, 1999, 13-15.
Model Specification and
Endogeneity (with A. Nakamura), Journal of Econometrics 83, 1998,
213-237. [pdf]
The Bonus Shares of Flexible
Pay in
Innovation, Strategy and
Adoption of Just-in-Time Manufacturing
Methods at U.S.- and Japanese-Owned Plants: Some Empirical Evidence (with
Nonverifiability, Noncontractibility and
Ownership Determination Models in Foreign Direct Investment, with an
Application to Foreign Operations in Japan (with J. Xie), International
Journal of Industrial Organization, 16, 1998, 571-599. [pdf]
Block Holding and Keiretsu in
A Method for Estimating Scale Economies and
Technical Progress: Sources of Total Factor Productivity for Japanese Manufacturing
1964-1988 (with T.Nakajima and K.Yoshioka), Japanese Economic Review 49,
1998, 310-334. [pdf]
Adoption of Just-in-Time Manufacturing
Methods at U.S.- and Japanese-Owned Plants: Some Empirical Evidence (with
S.Sakakibara and R.Schroeder), IEEE Transactions on Engineering Management
45, 1998, 230-240. [pdf]
Asia-Pacific in Transition, Association for Canadian Studies Bulletin
20, Spring 1998, 16-19.
Top-Down Production Management: A Recent
Trend in the Japanese Productivity Enhancement Movement (with M. Fruin), Managerial
and Decision Economics 18, 1997, 131-139. [pdf]
Japanese Technology Management: Introduction,
Managerial and Decision Economics 18, 1997, 71-72. [pdf]
Does Culture Matter in Inter-firm
Cooperation: Research Consortia in
Environmental Management in
An Empirical Investigation of Joint Venture
Dynamics: Evidence from US-Japan Joint Ventures (with J. M. Shaver and B.
Yeung), International Journal of Industrial Organization 14, 1996,
521-541. [pdf]
Japanese Manufacturing Methods at
An Event Analysis of Female Labor Supply
(with Alice Nakamura), Research in Labor Economics 15, JAI Press, 1996,
353-378.
New Goods as a Challenge for Index Number
Making (with A. Baldwin and A. Nakamura), Canadian Journal of Economics
29, 1996, S598-S604. [pdf]
Predicting Female Labor Supply: Effects of
Children and Recent Work Experience (with A. Nakamura), Journal of Human
Resources 29, 1994, 304-327. [pdf]
On the Determinants of Foreign Ownership
Shares: Evidence from
A Search for Monthly Fluctuation in Canadian
Homicides: 1965-1980 Rejoinder (with A.Nakamura), in J.F. Gentleman and G.A.
Whitmore (Eds.), Case Studies in Data Analysis, Lecture Notes in
Statistics Series, Springer-Verlag, 1994.
Japanese Industrial Relations in an
International Business Environment, North American Journal of Economics and
Finance 4, 1993, 225-251. [pdf]
The Econometrics of Female Labor Supply and
Children (with A. Nakamura), Econometric Reviews 11, 1992, 1-71.
Japanese Direct Investment in Asia-Pacific
and Other Regions: Empirical Analysis Using MITI Survey Data, International
Journal of Production Economics 25, 1991, 219-229.
Risk Behavior and the Determinants of Bonus
versus Regular Pay in
Modeling the Performance of
An Introduction to Japanese Firm Behavior, Managerial
and Decision Economics 12, 1991, 79-81. [pdf]
Alternative Approaches to Model Choice (with
A. Nakamura and H. Duleep), Journal of Economic Behavior and Organization
14, 1990, pp. 97-125.
Asymmetry in the Dividend Behavior of
Inventory Management Behavior of American and
Japanese Firms (with A. Nakamura), Journal of the Japanese and International
Economies 3, 1989, 270-291. [pdf]
New Measures of Non wage Compensation
Components: Are They Needed?", (with A. Nakamura), Survey of Current
Business 69, 1989, 58-61.
Predicting the Effects of Comparable Worth
Programs of Female Labor Supply (with A. Nakamura), Journal of Social Issues
45, 1989, 191-208.
On the Performance of Tests by Wu and by
Hausman for Detecting the Ordinary Least Squares Bias Problem (with A.
Nakamura), Journal of Econometrics 29, 1985, 213-223.
Estimating Transition Probabilities from
Panel Data (with Marcel G. Dagenais and A. Nakamura), Economics Letters
19, 1985, 31-34.
A Search for Monthly Fluctuation in Canadian
Homicides: 1965-1980 (with A. Nakamura), Canadian Journal of Statistics
13, 1985, 275-280; reprinted in J.F. Gentleman and G.A. Whitmore (Eds.), Case
Studies in Data Analysis, Lecture Notes in Statistics Series,
Springer-Verlag, 1994.
Rational Expectations and the Firm's Dividend
Behavior (with A. Nakamura), The Review of Economics and Statistics 67,
1985, 606-615. [pdf]
Dynamic Models of the Labor Force Behavior of
Married Women Which Can Be Estimated Using Limited Amounts of Information (with
A. Nakamura), Journal of Econometrics27, 1985, 273-298.
Part-time and Full-time Work Behaviour of
Married Women: A Model with a Doubly Truncated Dependent Variable (with A. Nakamura),
Canadian Journal of Economics, XVI, No. 2, May 1983, 229-257. [pdf]
On the Firm's Production, Capital Structure
and Demand for Debt (with A. Nakamura), The Review of Economics and
Statistics LXIV, August 1982, 384-393. [pdf]
On the Relationships among Several
Specification Error Tests Presented by Durbin, Wu and Hausman (with A.
Nakamura), Econometrica 49, November 1981, 1583-1588. [pdf]
A Comparison of the Labor Force Behavior of Married
Women in the United States and Canada, with Special Attention to the Impact of
Income Taxes (with A. Nakamura), Econometrica 49, 1981, 451-489. [pdf]
Valuation, Debt Financing and the Cost of
Capital: Japanese Firms 1962-1976 (with A. Nakamura), Economic Studies
Quarterly 32, No. 2, July 1981, 97-110.
Job Opportunities, the Offered Wage and the
Labor Supply of Married Women (with A. Nakamura and D. Cullen), American
Economic Review 69, 1979, 787-805. [pdf]
On the Impact of the Tests for Serial
Correlation Upon the Test of Significance for the Regression Coefficient (with
A. Nakamura), Journal of Econometrics 7, 1978, 199-210.
On Microanalytic Simulation and Its
Application in Population Projection (with A. Nakamura), Journal of the
Operational Research Society (formerly Operational Research Quarterly)
Vol. 29, No. 4, 1978, 349-360. [pdf]
A Markov Analysis of Per Capita State and
Local Police Expenditures and the Allocation Problem of Federal Aid (with A.
Nakamura), Operational Research Quarterly 28, No. 2i, 1977,
293-304. [pdf]
Testing for Relationships between Time Series
(with A. Nakamura and Guy H. Orcutt), Theory and Methods Section, Journal of
the American Statistical Association 71, March 1976, 214-222. [pdf]
Some Limit Theorems for a Class of Network
Problems as Related to Finite Markov Chains, Journal of Applied Probability
11, 1974, 94-101. [pdf]
On a Class of Stochastic Optimization
Problems with a Specified Growth Pattern, Management Science 20, 1973,
236-239. [pdf]
A General Limit Theorem for Dynamic Systems
with an Application to Population Growth, Mathematical Biosciences 16,
1973, 177-197.
Some Programming Problems in Population
Projection, Operations Research 21, 1973, 1048-1062. [pdf]
Obtaining a
Book Chapters / Proceedings Articles
A Frog in a Well Knows
Nothing of the Ocean: A History of Corporate Ownership in Japan, (with
R.Morck), in A History of Corporate Governance around the World: Family
Business Groups to Professional Managers, (edited by R. Morck), published
by the National Bureau of Economic Research and the University of Chicago
Press, 2005, 367-459. [pdf]
Aging, Female and Foreign
Workers, and Japanese Labor Markets: An International Perspective, (with A.
Nakamura and A. Seike), in M.Nakamura (Ed.), Changing Japanese Business,
Economy and Society: Globalization of Post-Bubble Japan, Palgrave
Macmillan, 2004, pp.107-143.
The Post-Bubble Japanese
Business System and Globalization: Implications for Japanese Society, (with K.
Horiuchi), in M.Nakamura (Ed.), Changing Japanese Business, Economy and
Society: Globalization of Post-Bubble Japan, Palgrave Macmillan, 2004,
pp.220-259.
Worker Displacement in Japan
and Canada, (with M.Abe, Y.Higuchi, P.Kuhn and A.Sweetman), in Peter Kuhn
(Ed.), Losing Work, Moving On: International Perspectives on Worker
Displacement, Kalamazoo, Michigan: W.E. Upjohn Institute for Employment
Research, Kalamazoo, Michigan, 2002, pp. 195-300.
Japan's Economic Growth: Past
and Present, (with T.Nakajima and K.Yoshioka), in M.Nakamura (Ed.), The
Japanese Business and Economic System: History and Prospects for the 21st
Century, Palgrave/Macmillan/St. Martin's Press, 2001, pp. 13-41.
Japanese Corporate Givernance
and Macroeconomic Problems, (with R.Morck), in M.Nakamura (Ed.), The
Japanese Business and Economic System: History and Prospects for the 21st
Century, Palgrave/Macmillan/St. Martin's Press, 2001, pp. 325-349.
Environmental Issues and
Japanese Firms, (with K.Horiuchi), in M.Nakamura (Ed.), The Japanese
Business and Economic System: History and Prospects for the 21st Century,
Palgrave/Macmillan/St. Martin's Press, 2001, pp. 364-384.
The Potential Impacts of
Immigration on Productivity in
Japanese Corporate Givernance
and Macroeconomic Problems (with R.Morck), in M.Nakamura (Ed.), The Japanese
Business and Economic System: History and Prospects for the 21st Century,
Palgrave/Macmillan/St. Martin's Press, 2001.
Environmental Issues and Japanese Firms (with
K. Horiuchi), in M.Nakamura (Ed.),The Japanese Business and Economic System:
History and Prospects for the 21st Century, Palgrave/Macmillan/St. Martin's
Press, 2001.
Just-in-Time and Other Manufacturing
Practices, and Market Environment: Implications for Manufacturing Performance
(with S.Sakakibara and R.G. Schroeder), in P.Adler, M.Fruin and J.Liker (Eds.),
Remade in America: Transplanting and Transforming Japanese Production
Systems, Oxford University Press, forthcoming.
New Goods from the Perspective of Price Index
Making in Canada and Japan (with A. Nakamura, A. Baldwin and P. Despres), in
T.F.Bresnahan and R.J.Gordon (Eds.), The Economics of New Goods, NBER Studies
in Income and Wealth Volume 58, Univ. of Chicago Press, 1997, 437-476.
Comment on "Pacific Triangles:
Banks and Corporate Governance in
Comment on "
Japanese Industrial Relations in an
International Business Environment, in J.Kovalio (Ed.), Japan in Focus,
Comment on "Japan's Role in the Pacific
Rim," in Proceedings of the Japan
Studies Association of Canada Annual Meeting, The University of Alberta,
1994, pp. 155-156.
Macroeconomic Impacts of Immigration (with A.
Nakamura and M.B. Percy), in S. Globerman (Ed.), The Immigration Dilemma,
The Fraser Institute, 1992, pp. 147-172.
Comment on "Internationalization of the
Curriculum" by A. Rugman, in A. Rugman and W.T. Stanbury (Eds.), Global
Perspective: Internationalizing Management Education, Centre for
International Business Studies,
Comment on "Regional Studies in
International Business Education" by J. Ries, in A. Rugman and W.T.
Stanbury (Eds.), Global Perspective: Internationalizing Management Education,
Centre for International Business Studies,
Models of Female Labour Market Supply, with
Special Reference to the Effects of Children (with A. Nakamura), in J.J.
Siegers, J. de Jong-Gierveld and E. van Imhoff (Eds.), Female Labour Market
Behaviour and Fertility: A Rational-Choice Approach, Springer-Verlag,
Berlin/Heidelberg/ New York (1991), pp. 191-212.
Children and Labour Supply: A Survey of
Econometric Approaches (with A. Nakamura), in J.J. Siegers, J. de Jong-Gierveld
and E. van Imhoff (Eds.), Female Labour Market Behaviour and Fertility,
Springer-Verlag, Berlin/Heidelberg/ New York (1991), pp. 213-236.
Modeling Direct and Indirect Impacts of Tax
and Transfer Programs on Household Behavior (with A. Nakamura), in J.K. Brunner
and Hans Georg Petersen (Eds.), Simulation Models in Tax and Transfer Policy,
Campus Verlag, Frankfurt/New York (1990), pp. 461-478.
Excess Supply Effects on the Wage Rates of
Young Women (with A. Nakamura), in R. Michael, H. Hartmann and B. O'Farrell
(Eds.), Pay Equity: Empirical Inquiries,
Selection Bias: More than a Female Phenomenon
(with A. Nakamura), in B. Raj (Ed.), Advances in Econometrics and Modelling,
Kluwer Academic Publishers (1989), pp. 143-158.
Occupational Sex Segregation in
On Estimating the Stages of the Family Life
Cycle (with A. Nakamura), in C.S. Yadav (Ed.), Perspectives in Urban
Geography, Vol. 4B, Concept Publishing Company, New Delhi, India (1987),
pp. 595-610.
A Survey of Research on the Work Behavior of
Canadian Women (with A. Nakamura), in C. Riddel (Ed.), Royal Commission on the
Economic Union and Development Prospects for Canada Report Vol. 3, Work and
Pay: The Canadian Labour Market, University of Toronto Press, 1985, pp.
171-218.
Final Report on the Labor Force Module for
the University of Michigan Retirement Income Security Simulation Study (with A.
Nakamura), U.S. Department of Health and Human Services and the University of
Michigan Institute for Social Research, (June, 1984).
A Selective Overview of Research on Family
Income Determination (with A. Nakamura and Guy H. Orcutt), in Vincent T.
Covello (Ed.), Poverty and Public Policy: An Evaluation of Social Science
Research, published for the Committee of Poverty Research, Assembly of
Behavioral and Social Sciences, National Research Council, National Academy of
Sciences by Schenkman Publishing Co. (1980), pp. 53-77.
Estimating the Variances of Sample Correlations
(with A. Nakamura), Proceedings of the Social Statistics Section, American
Statistical Association (1973), pp. 365-369.
Optimal Control of Markov Processes with
Average Cost Criterion, Report on Control Theory, Institute for Mathematical
Sciences, Kyoto University, Kyoto, Japan (February 1969).
Book Reviews
Review of R.Haak and
M.Pudelko (Eds.), Japanese Management:
The Search for a New Balance between Continuity and Change, Palgrave
Macmillan, 2005, Pacific Affairs 79,
Fall 2006, 538-539.
Review of M. Nomura and
Y. Kamii (Eds.), Japanese Companies:
Theories and Realities, (translated by B. Williams), Melbourne
Review of A. Boltho A. Vercelli and H. Yoshikawa (Eds.), Comparing
Economic Systems: Italy and Japan
Review of H. Yoshimatsu, Internationalization, Corporate
Preferences and Commercial Policy in Japan, St. Martin's and Macmillan,
2000, Pacific Affairs 75, Spring 2002, 116-117.
Review of T.Tachibanaki (Ed.), Who runs Japanese business?
Management and motivation in the firm, Edward Elgar, 1998, Journal of
Japanese Studies 26, Winter 2000, 290-294.
Review of Business Relationships with East Asia: The
European Experience, Jim Slater and Roger Strange (Eds.), Routledge
(Routledge Advances in Asian-Pacific Business), 1997, Pacific Affairs
72, Summer 1999.
Review of Dollar and Yen: Resolving Economic Conflict
Between the United States and`Japan
by Ronald I. McKinnon and Kenichi Ohno, MIT Press, 1997, Pacific
Affairs 71, Fall 1998, 419-421.
Review of Anticompetitive Practices in Japan: Their
Impact on the Performance of Foreign Firms by Masaaki Kotabe and Kent
W.Wheller, Pacific Affairs 70, Fall 1997.
Review of The Imported Pioneers: Westerners Who Helped
Build Modern Japan, by Neil Pedler, International Migration Review,
Vol. 67 (1994), pp. 284-286.
Review of International Adjustment and the Japanese Firm,
edited by Paul Sheard, Pacific Affairs, Vol. 67 (1994), pp. 284-286.
Review of The Measurement of the Economic Benefits of
Infrastructure Services, by W.E. Diewert, (with A. Nakamura), Journal of
Business and Economic Statistics, Vol. 6 (1988), pp. 517-518.
Review of The Imported Pioneers:
Westerners Who Helped Build Modern
Review of International Adjustment and the
Japanese Firm, edited by Paul Sheard, (Allan & Unwin/ANU Press), Pacific
Affairs 67, 1994, pp.284-286.
Review of The Measurement of the Economic
Benefits of Infrastructure Services, by W.E. Diewert, (with A. Nakamura), Journal
of Business and Economic Statistics, Vol. 6 (1988), pp. 517-518.
Review of Profits in the Long Run, by
Dennis C. Mueller, Journal of Economic Behavior and Organization, Vol.
10 (1988), pp. 459-462.
Review of Advanced Econometrics, by
Takeshi Amemiya (with A. Nakamura), Journal of Business and Economic
Statistics, Vol. 5 (1987), pp. 309-311.
Review of The Economic Emergence of Woman,
by Barbara R. Bergman (with A. Nakamura), Journal of Economic Literature,
Vol. 25 (1987), pp. 1904-1906.
Review of Women Reentering the Labour
Force and Training Programs: Evidence From
Review of Social Experimentation,
edited by Jerry A. Hausman and David A. Wise (with A.Nakamura), Journal of
the American Statistical Association, Vol. 81 (1986), pp. 566-567.
Review of Women and Work: Inequality in
the Labour Market, by Paul and Erin Phillips, Canadian Public Policy,
Vol. 9, No. 4 (1983), p. 519.
Curriculum
Vitae (pdf)