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Kazuto Sumita

Faculty
Department of International Economics
Course of Economics
PositionProfessor
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Birthday
Last Updated :2020/05/20

Researcher Profile and Settings

Education

  •  - 2002 , Keio University, Graduate School of Economics
  •  - 2002 , Keio University, Graduate School, Division of Economics
  •  - 1999 , Keio University, Graduate School of Economics
  •  - 1999 , Keio University, Graduate School, Division of Economics
  •  - 1997 , Keio University, Faculty of Policy Management
  •  - 1997 , Keio University, Faculty of General Policy

Association Memberships

  • American Real Estate and Urban Economic Association
  • Asian Real Estate Society
  • Institute of Mathematical Statistics
  • American Statistical Association
  • American Economic Association
  • Applied Reginal Science Conference
  • Japan Statistical Society
  • Japanese Economic Association

Academic & Professional Experience

  •   2013 04  - 現在, Toyo University, Faculty of Economics, Associate Professor
  •   2002 04  - 2008 03 , Kanazawa Seiryo University, Faculty of Economics
  •   2003 04  - 2005 03 , Kanazawa University

Research Activities

Research Areas

  • Humanities & social sciences, Economic policy
  • Humanities & social sciences, Economic policy
  • Humanities & social sciences, Economic statistics

Research Interests

    Housing market, Applied econometrics

Published Papers

  • Price competition in the spatial real estate market: Allies or rivals?, Iwata, S, K.Sumita, M. Fujisawa, Spatial Economic Analysis, Spatial Economic Analysis, Refereed
  • The Rent Term Premium for Cancellable Leases, Jiro Yoshida, Miki Seko, Kazuto Sumita, JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, 52, (4) 480 - 511, 05 , Refereed
  • Residential Mobility Decisions in Japan: Effects of Housing Equity Constraints and Income Shocks under the Recourse Loan System, Miki Seko, Kazuto Sumita, Michio Naoi, JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, 45, (1) 63 - 87, 06
  • Community Rating, Cross Subsidies and Underinsurance: Why so many Households in Japan do not Purchase Earthquake Insurance (with Michio Naoi and Miki Seko).., Journal of Real Estate Finance and Economics, 40, pp. 544-561., Journal of Real Estate Finance and Economics, 40, pp. 544-561., 40, 544 - 561, 01 , Refereed
  • Japanese housing tenure choice and welfare implications after the revision of the tenant protection law, Miki Seko, Kazuto Sumita, JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, JOURNAL OF REAL ESTATE FINANCE AND ECONOMICS, 35, (3) 357 - 383, 10
  • Effects of government policies on residential mobility in Japan: Income tax deduction system and the Rental Act, Miki Seko, Kazuto Sumita, JOURNAL OF HOUSING ECONOMICS, JOURNAL OF HOUSING ECONOMICS, 16, (2) 167 - 188, 06

Misc

  • Long-term Care Facilities and Elderly Household Mobility in Japan: Empirical Analysis based on Micro-Level Survey, SUMITA Kazuto, Working paper series, Faculty of Economics, Toyo University, 23,   2018 04
  • Estimating Consumer Valuation of Earthquake Risk: Evidence from Japanese Housing Markets.(with Michio Naoi and Miki Seko), International Real Estate Review, 13(2), pp. 117-133., 13,   2010
  • Earthquake risk and quality of life (with Michio Naoi and Miki Seko), The Quarterly Journal of Housing and Land Economics, 74,   2009
  • Earthquake risk and housing prices in Japan: Evidence before and after massive earthquakes (with Michio Naoi and Miki Seko), Regional Science and Urban Economics, 39,658-669., 39,   2009
  • Effects of Government Policies on Residential Mobility in Japan: Income Tax Deduction System and the Rental Act, Journal of Housing Economics,   2007
  • Japanese Housing Tenure Choice and Welfare Implications After the Revision of the Tenant Protection Law, Journal of Real Estate Finance and Economics,   2007
  • Earthquakes and the Quality of Life in Japan (with Michio Naoi and Miki Seko), Journal of Property Research, 24, (4) 313 - 334,   2007

Books etc

  • Housing loan tax credits and user cost of housing
    SUMITA Kazuto
    分担執筆Keio University Press  2014 03
  • Does Introducing Income Tax Deduction System Linked to Capital Losses Increase Homeowners' Mobility in Japan? (with Miki Seko)
    In W.J. Berube and C.N. Pinto eds. Taxation, Tax Policies and Income Taxes. New York: Nova Science Publishers,2010, pp. 115-122.  2010 04
  • Does Earthquake Risk Influence the Quality of Life in Japan? (with Michio Naoi and Miki Seko)
    In Edward P. Hammond and Alex D. Noyes eds. Housing: Socioeconomic, Availability and Development Issues. New York: Nova Science Publishers,2009, pp. 167-174.  2009 05
  • Does Introducing Rental Housing with Fixed Rental Terms Improve Welfare in Japan? (with Miki Seko)
    Paul E. Weston and Robert N. Townsend eds. Welfare Economics, New York: Nova Science Publisheres, 2009, pp. 3-11.  2009 01

Conference Activities & Talks

  • The Inheritance Tax and Household Mobility: An Exploration of Empty Nest Problem.(with Miki Seko and Jiro Yoshida), SUMITA Kazuto, Asian Real Estate Society,   2019 07 10
  • The Inheritance Tax and Household Mobility: An Exploration of Empty Nest Problem.(with Miki Seko and Jiro Yoshida), SUMITA Kazuto, Western Economic Association International,   2019 03 22
  • Long-term Care Facilities and Elderly Household Mobility in Japan: Empirical Analysis of the Micro-Level Survey, SUMITA Kazuto, Japanese Economic Association Fall meeting,   2017 09 10
  • Long-term Care Facilities and Elderly Household Mobility in Japan: Empirical Analysis of the Micro-Level Survey, SUMITA Kazuto, Asian Real Estate Society,   2017 07 10
  • The Term Structure of Cancellable Lease Rates, SUMITA Kazuto,   2017 01 27
  • Long-term Care Facilities and Elderly Household Mobility in Japan: Empirical Analysis of the Micro-Level Survey, SUMITA Kazuto, Applied Economic Workshop,   2016 09 30
  • The Term Structure of Cancellable Lease Rates( with Miki Seko and Jiro Yoshida), SUMITA Kazuto, Japanese Economic Association Autumn Meeting,   2013 09 15
  • Tax Credits and User Cost of Owner-occupied Housing in Japan: Bayesian Time Varying Coefficient Model Approach, SUMITA Kazuto, Asian Real Estate Society International Conference,   2003 06 30

Works

  • Econometric Study of Price Determination in the Real Estate Auction market.(Department of Economic Environment, Graduate School of Environmental Studies, Nagoya University, DEE Discussion Paper, No.09-03.)
  • An Econometric Analysis of Housing Price Dynamics(Ph.D thesis, Graduate School of Economics, Keio University)

Awards & Honors

  •   2013 12 , Applied Regional Science Conference, Sakashita Prize
  •   2009 , Best Paper Award for the Maury Seldin Advanced Studies Institute Award, 2009 AsRES-AREUEA Joint International Conference (with Miki Seko and Michio Naoi)
  •   2007 , European Real Estate Society/Journal of Property Research Paper Prize, Best Paper in Real Estate Economics (2007) ( with Michio Naoi and Miki Seko)