著者

大橋 照枝 Terue Ohashi

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.17, no.2, pp.19-49, 2009-09-30

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Sustainable welfare indicator HSM (Human Satisfaction Measure) including Triple bottom line (Society, Environment and Economy) was proposed by Ohashi in 2000 and developed from Ver. 1, Ver. 2-(1), Ver. 2-(2), Ver. 3-(1), Ver. 3-(2), Ver. 4, Ver. 5 with help of Dr. Hong Nguyen and Professor Nobuyuki Kimata.For the further development of HSM, Ohashi tried to introduce weighting research of 6 categories (Labor, Health, Education, Gender, Environment and Income) using AHP (Analytic Hierarchy Process ) Method, conducted in Japan ( 2007 ), and Sweden ( 2008 ), named "Questionnaire on Ideal Society PartI".In the questionnaire Ohashi included one open-ended question " What is your Ideal Society?".Using the text mining software named True Teller of Nomura Research Institute, analyzing the open-ended answers of both countries to "words mapping", Ohashi found the interesting results. The keywords mutually found in both countries are " environmental consciousness" and "stability of life". The keywords appeared only in Japan is "no social gap" and only in Sweden "democracy", "equality" and "education".Democracy was considered as key factor of social sustainability from 19th century in Sweden.HSM is composed by triple bottom line : Society, environment and economy, as indispensable factor for social sustainability.But democracy is also important as healthy society.So, Ohashi conducted the research named "Questionnaire on Ideal Society Part II" in Sweden and Japan in May 2009.In the research , Ohashi included one open-ended question, "What kinds of aspects of Sweden do you like most?" in Swedish research, and "What kinds of aspects of Japan do you like most" in Japanese questionnaire.Analyzing the answer using True Teller as word mapping, the keywords appeared in both countries are quite different.In Sweden, "Democracy", "Freedom of speech" and "Equality" are the keywords of most favorite aspects of their country. In Japan, "Nature", "Environment", "The national character","Peace", and "Culture" are the aspects Japanese like most about their country.Swedish respondents love the foundation of country people depend upon, but Japanese love the aspect of software of their country and they don't aware the foundation through which they can enjoy peace, culture and so on.In Sweden, Social Democratic Party is established in 1889 as the first political party and it was the main party governing most of the political history and contributed forming the democratic and welfare society of Sweden.Japan, on the other hand, got democracy after the defeat of World War II with the help of GHQ (General Headquarters). Thus, Japanese have almost no history to endeavor to make democracy by their own.So there is some delay in democratic thinking in Japan comparing with Sweden, and it makes unhappy phenomena in Japanese society.Such findings Ohashi got the results of this research.Through the research, Ohashi concludes that in order to increase the HSM value of Japan,the key is to raise the consciousness of democracy in Japan.

著者

清水 千弘 Chihiro Shimizu

出版者

麗澤経済研究

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.21, no.1, pp.33-50, 2013-03-10

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While fluctuations in commercial property prices have an enormous impact on economic systems, the development of related statistics that can capture these fluctuations is one of the areas that is lagging the furthest behind. The reasons for this are that, in comparison to housing, commercial property has a high level of heterogeneity and there are extremely significant data limitations. Focusing on the Tokyo office market, this study estimated commercial property price indexes using the data available in the property market, and clarified discrepancies in commercial property price indexes based on differences in the method used to create them. Specifically, we estimated a quality-adjusted price index with the hedonic price method using property appraisal prices and transaction prices available for the JREIT market. In addition, we attempted to estimate a price index based on a present value model using revenues arising from property and discount rates. Here, along with the discount rates underlying the determination of property appraisal prices and transaction prices, we obtained discount rates using enterprise values that can be acquired from the J-REIT investment market, and estimated the respective risk premiums. First, the findings showed that, compared to risk premiums formed by the stock market, risk premiums when determining property appraisal prices change only relatively gradually, with the adjustment speed being especially slow while the market is contracting. As a result, these prices decline only slowly. They also showed that until the Lehman Shock, property market risk premiums formed by the stock market were at a lower level than risk premiums set when determining property appraisal prices and transaction prices, but following the Lehman Shock, the respective risk premiums converged toward the same level.

著者

大橋 照枝

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.19, no.1, pp.29-53, 2011-03-10

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I The defects of GDP GDP:Gross Domestic Product adds as economic effects the expense of retrieval of environmental damage,traffic or auto accidents or even the cost of family breakdown which are inconsistent the welfare and happiness of people. On the contrary the women's housekeeping work that's indispensable for people's welfare but no payment is not counted to GDP.So,GDP was criticized by many people for the long time.First criticizer of GDP was Simon Kuznets(1901-1985).He was himself the developer of GNP:Gross National Product.In 1930s the Commerce Department of USA asked a young economist Mr.Simon Kuznets,to develop a uniform set of national accounts.He developed GNP in1932.Thse became the prototype for what we now call the GDP.But Kuznets knew well GNP is not the indicator of welfare.So he reported to Congress in 1934 and warned that GNP is not the indicator of welfare.In 1960s to 1970s, many people (politician, philosopher,sociologist and social reformer) criticized GDP. They are R.F.Kennedy(1968),Baudrillard(1970),Daniel Bell (1973),Hazel Henderson(1978),and Ralph Nader(1978)and so on. II Beyond GDP Recently,the movement of Beyond GDP occurred.And the Beyond GDP conference was held in 19&20 November 2007 in Brussels,organized by the European Commission,European Parliament,Club of Rome,OECD and WWF.They discussed the defects of GDP,but contents remained unchanged as the discussion in 60es and 70es. In 2008,French president Nicolas Sarkozy organized Commission on the Measurement of Economic Performance and Social Progress(CMEPSP).CMEPSP was chaired by Professor Joseph E. Stiglitz,Columbia University,Professor Amartya Sen,Harvard University. Chair Adviser,and Professor Jean-Paul Fitoussi,Institut d' Etudes Politiques de Paris.Coodinator.And 21 other famous Economists in the world were the members.The report of CMEPSP was published in September 2009,But. it was not a single metric indicator taking the place of GDP. Stiglitz preferred a Dashboard more than a Single Metric. III Indicators Complementing and modifying GDP I)MEW:Measures of Economic Welfare Nordhaus,W.and Tobin,J.,1972, "Is Growth Obsolete?",Economic Growth,National Bureau of Economic Reserch,pp.1-80 II)NNW:Net National Welfare Keizaishingikai NNW Kaihatsuiinkai,1973, "Atarashii Fukushishihyo NNW",Japan. III)ISEW/GPI:Index of Sustainable Economic Welfare/Genuine Progress Indicator ・Herman E. Daly and John B. Cobb, Jr,1989,1994,for the common good,Beacon Press.・Redefining Progress,1999 ,the Genuine Progress Indecator.IV)SEEA :Handbook of National Accounting:Integlated System of Environmental and Economic Accounting United Nations 2004,Handbook of National Accounting :Integrated Environmental and Economic Accounting,2003,Final draft Circulated for Information Prior to Official Editing V)HDI:Human Development Index Published every year from 1990 by UNDP. VI)HPI:Happy Planet Index Published by the New Economics Foundation U.K.,in 2006,2009. VII)HSM:Human Satisfaction Measure Terue Ohashi,2010,Democracy as the Indicator of Sustainability-From the research of "Questionnaire on Ideal Society Part2"in Japan and Sweden-,Reitaku International Journal of Economic Studies Vol.18,No.1,March 2010,pp.9-33 IV Conclusion Almost all indicators,complementing GDP do not deny the presence of GDP,even the Stigritz report.

著者

高 巖 Iwao Taka

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.18, no.1, pp.57-66, 2010-03-10

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In this article, we describe how management philosophy affects corporate performance.For this purpose, we conducted experimental and statistical analyses on two corporations and clarified causal relationships between management philosophy and members’ performance(their commitment, motivation, contribution, etc.).At the beginning, we introduced three variables, which make it easier for us to understand how individuals treat management philosophy: (1) reflecting philosophy on actual behavior, (2)knowing and understanding philosophy, and (3) having sympathy for philosophy.Using the results of the experimental research, we explore a persuasive model, which satisfactorily explains how those variables indirectly affect corporate performance via other factors. Second, with this model, we describe, for example, the way senior officers treat management philosophy influences the extent to which followers accept the philosophy. We also suggest that a sense of unity and solidarity helps members take the philosophy seriously. Third, we discuss how management philosophy triggers innovative behavior in organizations.The point we have tried to make in this article is that the more deeply and widely management philosophy permeates an organization, the higher and the stronger performance (of individuals) could be achieved.

著者

近江 啓太

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:2189339X)

巻号頁・発行日

vol.29, pp.58-60, 2022-03-01

著者

長谷川 泰隆 Yasutaka Hasegawa

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.18, no.1, pp.67-75, 2010-03-10

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In the cost studies field, there have been many developments of costing methods, such as ABC, target costing, quality costing, life-cycle costing, among others. These developments are good signs since costing has to be flexible to cope with various situations. However, the author believes that cost accountants are likely to fail to take into account the possible malfunction of the products on the market.Despite the fact that automotive recalls have been studied extensively over the three decades in the U.S., because of the daily occurrence of massive cases, the term “recall costs” cannot be found even in the index of technical books related to costing.While there are also similar problems in Japan, though not so many as in the U.S., little attention has been paid to the “recall costs” either. There seems to be no interface between an awareness of costs and retroactive malfunction resulting in “recalls”.This paper considers the impact of automotive recalls on management as a whole citing previous mainstream research in the U.S., and argues for the necessity of the concept of “recall cost”.

著者

大越 利之 Toshiyuki Okoshi

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.19, no.1, pp.73-101, 2011-03-10

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This paper examines how monetary policy has variant impacts on regional economies in Japan.Estimating VECM for the endogenous macro and regional variables.I find that(1)the depth and the duration of monetary policy shock's effects on each prefecture's bank lending and real output varies,and(2)the lower the value of mortgage the larger monetary policy effect regional economy experiences.This empirical evidence indicates the "balance sheet channel"of monetary policy functions well in Japan.

著者

林 英輔

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.17, no.2, pp.iii-iv, 2009-09-30

著者

麗澤大学経済学会

出版者

麗澤大学経済学会

雑誌

麗澤経済研究 = Reitaku International Journal of Economic Studies (ISSN:09196706)

巻号頁・発行日

vol.17, no.2, pp.x-xiii, 2009-09-30