著者

松村 昌廣

出版者

桃山学院大学

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.57, no.3, pp.131-152, 2016-03-03

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This study will analyze a libertarian approach to post-Lehman emergency lending in accordance with Federal Reserve rescue authority,with a major focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The analysis will attach its attention to the evolving political context in which the U.S. domestic political discourse has been influenced increasingly by libertarianism, involving the rise of populist movements such as the "TEA (Tax Enough Already)" Party. This paper will first begin with a standard account on libertarianism as a major current of American political philosophy, which is rather unfamiliar to Japanese students in the field. Second, the analytical focus will be placed on an overview on the unique features of the Federal Reserve Board system as central bank, followed by a libertarian understanding on where the system stands in the context of the U.S. political economy. Third, this work will highlight the Dodd-Frank Act that is intended to prevent the Federal Reserve Banks from repeating massive discretional emergency lending to major insolvent banks as found in the post-Lehman financial crisis management. Fourth, the paper will identify the Act's major existing pitfalls that could enable to repeat such discretionary lending, followed by a set of policy proposals aimed to remove those pitfalls. The study will be designed to facilitate understanding the ongoing debate on the post-Lehman financial reforms, emphasizing the central importance of libertarian perspectives that reveal the exploitative nature of the finance-centered U.S. socio-political regime as the basis of the U.S. global economic hegemony.

著者

田代 昌孝

出版者

桃山学院大学

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.53, no.4, pp.141-159, 2012-03-30

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Recent academic research on consumption tax has shifted from an analysis on annual perspective to lifetime issue. If we can use lifetime income to spend lifetime consumption, or namely if we can explain the lifetime behavior of Japanese household using life-cycle hypothesis, Consumption tax is proportional in nature. To construct a measure of consumption tax incidence over the lifetime, we can use the Panel Study of Income Dynamics (PSID), an annual, longitudinal survey containing income and other demographic information on individual sample of American household since 1968. Unfortunately, there are no annual, longitudinal analysis based on income and other demographic information on individual sample of Japanese household. Consequently, consumption tax incidence on individual sample of Japanese household over lifetime has not been clear. Accordingly, our results suggest that it may be very difficult to draw a widely accepted general conclusion on lifetime tax incidence. But estimating cross-sectional data of age and income as proxy for lifetime income will enable constructing a measure of intra generational incidence in Japan's consumption tax. This paper constructs cross-sectional data of age and income using micro-data of Japanese household. Therefore, the purpose of this paper is to discuss the regressivity of inter- and intra-generational incidence in Japan's consumption tax. The major findings include (1) Estimating consumption tax incidence in using micro-data, a tax burden on consumption is particularly heavy in the age group of those in early twenties or after fifties, (2) a consumption tax places less regressive burden on those in early twenties or after late sixties.

著者

佐賀 朝

出版者

桃山学院大学

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.53, no.3, pp.159-195, 2012-02-29

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This article examines the historical trajectory of urban lower class society in modern Osaka. Taking into account developments from the early modern period, it analyzes the transformation, expansion, and structure of urban lower class society in the modern period, as well as the way of life of lower class city residents. Specifically, this article focuses on the example of the1930s. First, it analyzes urban lower class society, which was characterized in the early modern and modern periods by the fact that its members frequently gathered together in concentrated residential zones, while also considering the development of the city of Osaka as a whole. Centering on the transformation and dismantling of early modern Osaka's best-known slum district, Nagamachi, urban lower class society developed during the modern period in a form whereby new slums emerged during the processes of industrialization and urbanization. The slums that appeared after Nagamachi's dismantling, including Kamagasaki and those in the Nipponbashi neighborhood, each possessed a subtly different character. Entering the twentieth century, Osaka's slums became even more diverse. Not only did the city's largest outcast community, Nishihamacho, continue to expand, but also new communities inhabited by immigrants from the Korean peninsula and migrants from Okinawa appeared. Thereby, an urban lower class society possessing various unique features took shape in Osaka. Lower class city residents, who lived in the above slum districts, were neither the "negative versions" of modern urban citizens, nor passive subjects. In the rapidly industrializing and changing society of the early twentieth century, they established a world in the city's back-alley tenements into which impoverished migrants, who moved to Osaka, married, gathered together in low-income residential districts, and permanently settled, were absorbed. Influenced in part by new urban governmental policies, during the early twentieth century, lower class city residents not only continued to congregate in the same residential communities, but also began to participate in local reform movements and become increasingly aware of their rights as citizens. The eviction disputes that occurred in the Nipponbashi area over the municipal government-led Substandard Housing District Reform Project are a manifestation of the growing rights consciousness of lower class city residents. Second, this paper examines the case of urban "lower class" laborers in the1930s. In particular, it engages the theme of "lodging and employment brokering." Focusing on brokers who provided housing and employment introduction services to short-term and non-contract laborers and remain a problem in contemporary Japan, this paper analyzes range of issues concerning the supply of "lower-class" labor power during the1930s. Examining two types of laborers, dockworkers and bathhouse workers, this article considers their similarities, differences, and mutual relationship. In the bottom tiers of urban society in1930s Osaka, lower class laborers were closely linked with a specific stratum of brokers called "inns," "rooms," and "brokerages," who provided them with housing and employment introduction service. In addition to arranging housing and employment for unskilled laborers sent to work at the port and the city's baths, brokers extracted brokerage fees, board, and commissions from them. However, in the1930s, as the national unemployment crisis deepened, government officials and labor unions began to view such brokers as a problem and their reform became an important social issue. A significant number of Osaka's dockworkers and bathhouse workers were Korean laborers. During the period in question, which saw an intensification of the problems of low-wage labor and harsh labor conditions, immigrant Korean laborers were forced to accept terrible living conditions. Furthermore, small and mid-sized entrepreneurs involved in the management of bathhouses and shipping labor at the city docks passed on their financial struggles to their workers in the form of poor living and labor conditions. As I noted above, the structure of urban lower class society in Osaka, which formed in the early modern period, was transformed by an increase in the number of migrants from elsewhere in Japan and abroad. During the first half of the twentieth century, lower class city residents continued to play vital role in urban society, supporting the development of the mega-city of Osaka at its base.

著者

田代 昌孝

出版者

桃山学院大学総合研究所

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.58, no.3, pp.33-52, 2017-01-24

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The consumption tax is suitable to collect tax revenue stably. Therefore,the expectation for the consumption tax will be big with public financialaspect. On the other hand, the regressivity of consumption tax burden willbecome serious. It is important that how we make the index of income gapafter consumption taxation. This paper analyzes the degree of regressivitywith bearing consumption tax burden and the method for mitigatingregressivity of consumption tax.Consequently, it could not mitigate regressivity of consumption tax withnon-taxation system of consumption tax containing medical care andeducation, and the value of Gini efficient with it is bigger than the casewithout it. Moreover, it can mitigate regressivity of consumption tax by themethod to evenly balance the revenue of consumption tax of 10% and taxsystem with reducing tax rate for the food. Because the value of Giniefficient with it is smaller. Finally, the limited payment for the low-incomeperson is effective to mitigate regressivity of consumption tax throughdecrease the value of Gini efficient.

著者

田代 昌孝

出版者

桃山学院大学

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.58, no.2, pp.109-128, 2016-10-03

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The consumption tax rate was raised from 5% to 8% from April, 2014. In addition, consumption tax rate was to be raised from 8% to 10% in October, 2015. But the increase to 10% of planned consumption tax rate was postponed by consideration to economic stagnation. Therefore, the consumption tax increase will not be avoided by the securing of stable social security resources and deficit financing. If we can use all lifetime income to spend all lifetime consumption, Consumption tax is proportional. To my regret, There are no a longitudinal survey containing income and consumption on Japanese households. But Estimating a Theil index with age-income cross-section data to proxy for estimating lifetime incidence of consumption tax makes constructing an influence index of intra-generational income equality in consumption tax. In this analysis, the influence of intra-generational income equality considers not only the deduction effect and the tax rate effect of the income tax but also the effect of the consumption taxation and analyzes the factor of intragenerational income equality based on a Theil index approach.

著者

長谷川 彰 Akira Hasegawa 桃山学院大学経営学部 St. Andrew's University

出版者

桃山学院大学経済経営学会

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.33, no.4, pp.29-54, 1992-03-01

著者

津田 直則 Naonori Tsuda 桃山学院大学経済学部

出版者

桃山学院大学総合研究所

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.49, no.4, pp.139-178, 2008-03-10

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The article examines the co-operative values and management efficiency in the case of the Mondragon Co-operative Corporation(MCC). In the first section of the article, the history of the MCC is investigated, which is divided into three periods, 1956-70, 1971-90 and 1991-2006. In the second section of the article, which will appear in the following volume of the bulletin, the co-operative values, management efficiency and their relations would be analyzed. The First Period(1956-70)of the history of the Mondragon co-operatives is characterized by founding the basis of co-operatives and expanding business projects in various sectors of the Basque economy in Spain. In the Second Period(1971-90), the Mondragon Co-operative Group suffered from the oil shock effects and began to construct the protecting system against stagnation by inventing the institutional systems of solidarity. At the same time, the management top of the Group increased investments at foreign countries for attaining the superior competitive condition in international markets. In 1987, the First Co-operative Congress of the Mondragon Co-operative Group decided the famous Ten Principles as the value basis of the organization of the Group. They are: Open admission, Democratic Organization, Sovereignty of Labor, The Instrumental Character of Capital, Self-Management, Pay Solidarity, Group Cooperation, Social Transformation, Universal Nature and Education. In 1991, the beginning year of the Third Period(1991-2006), the Third Co-operative Congress was hold. The key decisions at the congress were:(a)The centralization of the organization and pursuit of a strategy for the sake of survival in the international market.(b)The reorganization of the co-operatives away from the regional groupings and toward to the sector groupings for increasing efficiency.(c)The renaming of the Mondragon Co-operative Group as the Mondragon Co-operative Corporation(MCC). In 2006, the performance of MCC is as follows. MCC Co-operatives107 Subsidiary companies126 MCC workforce83,601 MCC Total Assets27,550(million of euros)MCC Equity4,696(million of euros) Total Turnover(Industrial)6,880(million of euros) Total Turnover(Distribution)6,510(million of euros) MCC Overall Investment1,240(million of euros)

著者

武田 久義 Hisayoshi Takeda

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.37, no.4, pp.1-21, 1996-03-01

著者

小川 登 Noboru Ogawa

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.19, no.1, pp.1-25, 1977-06-01

著者

道上 真有 Mayu Michigami 桃山学院大学経済学部兼任

出版者

桃山学院大学総合研究所

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.49, no.2, pp.53-97, 2007-09-28

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The purpose of this paper is to analyze the Russian market economy, focused on the Russian housing market. The evolution of the housing privatization in Russia is described. The results of author's analysis are the following.1.The housing privatization is developed and its share is about 80%.2.The private dynamism has improved the housing quality, particularly since 2000.3.The housing affordability has improved since 1999.4.Russian economic development let the task of housing policy change from the housing supply to the improvement of housing quality.5.The reform of the utility system has started by increasing in utility rate since 2001.6.The Russian municipal authorities should consider the renewal of the real estate value. It will promote the mobility of housing market.7.The correlation between the share of Russian housing investment and the Russian economic development draws the inverse U curve. It shows that Russia has already been the developed economy.8.The appreciation of housing price in Russia's big cities is emerging. The disparity in housing price widens among regions in Russia.

著者

渡辺 邦博

出版者

桃山学院大学

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.54, no.3, pp.53-77, 2013-02-25

著者

金子 甫 Hajime Kaneko

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.15, no.2, pp.172-202, 1973-09-01

著者

金子 甫 Hajime Kaneko

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.15, no.1, pp.48-81, 1973-06-01

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.42, no.4, pp.435-455, 2001-03-01

著者

桂 昭政 Akimasa Katsura 桃山学院大学経済学部

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.52, no.4, pp.79-104, 2011-03-30

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SNA's bank output measurement depends on interest margin, i.e. the difference between lending interest and deposit interest. But interest margin does not correspond to the market transaction. Therefore SNA exercises bank output measurement through imputation that assume marketable bank output. By employing imputation, SNA's bank output measurement method has continually changed. For example, 53SNA estimated bank output through imputed interest, 68SNA estimated it through imputed bank service, 93SNA estimated it through FISIM. I think that confusion in SNA bank output measurement is due to the consideration that regards bank output value as interest margin based on financial intermediation function. So I think that it is important to consider bank fundamental function theoretically and bank marketable output. Recently I examined the former, i.e. bank fundamental function theoretically through my university paper (ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW) and concluded that bank fundamental function is not financial intermediation but credit creation that is the lending that provides borrower to guarantee the payment through the checking account and that it is mistake for SNA to regard bank output as interest margin based on financial intermediation. In this paper I examined the latter, i.e. what is bank's marketable output. This examination makes up the defect of my former paper. Bank industry or generally industry itself produces output, i.e. goods and services through the combination of labor and capital or asset, therefore bank output does not correspond to interest but to goods and services. Because bank provides borrower to guarantee the payment through checking account, it is able to understand that bank sells the service to guarantee the payment to the borrower. After above examination, I concluded that bank output is receipt for the lending service that provides the borrower to guarantee the payment through the checking account.

著者

中村 恒彦

出版者

桃山学院大学

雑誌

桃山学院大学経済経営論集 = St. Andrew's University economic and business review (ISSN:02869721)

巻号頁・発行日

vol.53, no.4, pp.7-43, 2012-03-30

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As the counterpart of modern accounting, critical accounting has revealed aspects that could not be clarified by modern accounting. Having its roots in Marxism, critical accounting has indicated that accounting functions not only as a micro accounting policy of each individual company but also as a macro accounting policy. It may not be an overstatement to say that Japanese-style accounting has developed under the combined influence of modern accounting and critical accounting. Despite its contribution, however, critical accounting does not seem to have received due recognition, presumably because of its tendency to deny the legitimacy of modern accounting and the established system. In fact, the theories studied in this paper also have such a tendency. Yet it is a mistake to refuse to acknowledge that critical accounting has revealed aspects that had been overlooked by modern accounting, thereby contributing to the field of accounting as a whole. By discussing the conceptual view, that is, the ideology, that critical accounting envisions, this paper aims to identify the aspects that tend to be overlooked in the existing accounting studies. As emphasized in Western critical accounting, what is believed important in that process is the "alternative" understanding. The ideology of critical accounting is underlain by Marx's formula: "They don't know it, but they do it." Some critical accounting theories argue that accounting or the entire accounting system unconsciously rationalizes or justifies companies' capital accumulation and profit seeking. Other theories claim that disclosing financial statements or the interests of companies as such comprises a surreptitious means of rationalizing or justifying corporate control. In any case, these theories seem to define accounting by examining in one way or another discourses arising from the phenomenon of accounting. It is, however, impracticable to study all theories of critical accounting in this analysis. Instead, this paper reviews the historic trend of critical accounting, thereby identifying the ideology of critical accounting and examining the ideological concepts of accounting. By studying the transition of critical accounting theories over generations of scholars, specifically the transition from the Miyagami theory to the Tsumori theory and to the Yamaji theory, this paper intends to organize what has been drawn from the ideology of critical accounting.

著者

山川 偉也 Hideya Yamakawa 桃山学院大学文学部 St. Andrew's University

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.33, no.4, pp.281-305, 1992-03-01

著者

長谷川 彰 Akira Hasegawa 桃山学院大学経営学部 St. Andrew's University

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.33, no.4, pp.29-54, 1992-03-01

著者

崔 勇 Yong Cui 桃山学院大学大学院経済学研究科生

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.49, no.1, pp.159-174, 2007-05-10

著者

村山 博 Hiroshi Murayama 桃山学院大学経営学部

出版者

桃山学院大学総合研究所

雑誌

桃山学院大学経済経営論集 = ST. ANDREW'S UNIVERSITY ECONOMIC AND BUSINESS REVIEW (ISSN:02869721)

巻号頁・発行日

vol.49, no.3, pp.1-37, 2007-11-20

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The old innovation was eliminating the products of the other companies from the market, spreading only the products of one's company widely, and raising the market share as much as possible. It was no longer a business goal to win the competition with the other companies after the information technology innovation. Then some companies are beginning to look for a new innovation or a business goal. That is the innovation that companies do not compete with the other companies but cooperates with the competitors in the market. The innovation consists of the competitor's bunches which harmonize both competition and accordance and can make new products and new technologies which we have never seen before. This innovation from the viewpoint of customers or markets differs from the old innovations greatly. The innovation will be indispensable in the internet community. This paper studies the innovation which cooperates with the other companies and considered the hybrid car of Toyota, the digital broadcasting of Disney, the development of the Linux software, etc. The following conclusions were reached. Vertical accordance" of this innovation carries out the synchronization of the three innovations, such as development, manufacturing, and distribution. And Horizontal accordance" of this innovation has the synergy by cooperative development and licensing with the other companies. We can call it the innovation of innovations. The local brands, merchandising rights, open source methods, cooperative research and cooperative development, licensing among other companies, the de facfo standards are the brand new innovations which cooperates with the other companies. Some companies of the specific community manufacture and sell using the same local brand. The accordance between companies by this local brand can acquire the large cost performance and the synergy which the only one company cannot acquire. It can be called the accordance innovation. The source code of the Linux software was opened to the entire world. Then, the developers connected with the Internet in the world have performed the development of the Linux software. As a result, the Linux software became such wonderful software that Microsoft is threatened. This open source method is the new accordance innovation in the internet community. This paper also studies the problems of the new innovations, such as the matter on which researchers escape from the development, the matter on which the competition stagnates, and the matter on which the standards monopolize the market.