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Mitsunari Ishida

Faculty
Department of Economics
Course of Public/Private Partnership
Research Center for Public/Private Partnership
PositionAssociate Professor
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Birthday
Last Updated :2020/07/09

Researcher Profile and Settings

Education

  •   2004 04  - 2011 03 , The University of Tokyo, Graduate School of Economics
  •   2001 04  - 2004 03 , The University of Tokyo, Graduate School of Economics
  •   1996 04  - 2000 03 , Aoyama Gakuin University, College of Economics

Association Memberships

  • JAPAN ASSOCIATION OF LOCAL PUBLIC FINANCE
  • JAPANESE ECONOMIC ASSOCIATION
  • THE JAPAN INSTITUTE OF PUBLIC FINANCE

Academic & Professional Experience

  •   2020 04  - 現在, Toyo University, Faculty of Economics, Associate Professor
  •   2018 04  - 2020 03 , University of the Ryukyus, Faculty of Global and Regional Studies, Associate Professor
  •   2015 04  - 2018 03 , University of the Ryukyus, Faculty of Law and Literature, Associate Professor
  •   2012 04  - 2015 03 , University of the Ryukyus, Faculty of Law and Literature, Lecturer
  •   2009 07  - 2012 03 , Otaru University of Commerce, Faculty of Commerce, Academic Fellow
  •   2007 04  - 2009 06 , Ministry of Finance, Policy Research Institute, Economist
  •   2005 10  - 2007 03 , Ministry of Finance, Policy Research Institute, Researcher
  •   2003 04  - 2003 09 , Research Institute of Economy, Trade and Industry, Research Assistant

Research Activities

Research Areas

  • Humanities & social sciences, Money and finance
  • Humanities & social sciences, Public economics, labor economics

Published Papers

  • The Distribution of Functions between Local and Central Government in River and Road Administration and Finance: With Regard to Spillover Measures, Wataru Kobayashi, Ishida Mitsunari, Public Policy Review, Public Policy Review, 8, (4) 479 - 502, 10 , Invited
  • The Function of Local Allocation Taxes in the Securing of Revenue Sources: Verification of the Neutrality and Appropriateness of Local Allocation Taxes, Ishida Mitsunari, Wataru Kobayashi, Public Policy Review, Public Policy Review, 8, (4) 453 - 478, 10 , Invited
  • Intergovernmental Grant and Tax Collecting Efforts in Japan: Estimating the Effect of Local Allocation Tax Grants on Local Tax Collection Rates, Ishida Mitsunari, Evolutionary and Institutional Economics Review, Evolutionary and Institutional Economics Review, 9, (supplement) 55 - 73, 04 , Refereed
  • Tax Collecting Efforts and Local Allocation Tax Grants in Japan: The Effect of Administrative Reform Incentive Assessment on Local Tax Collection Rates, Ishida Mitsunari, Discussion Paper Series (Otaru University of Commerce), Discussion Paper Series (Otaru University of Commerce), (137) 1 - 21, 03

Research Grants & Projects

  • The analysis of Local government borrowing, Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (B), The creditworthiness of municipal bonds can be divided into a portion defined by the financial situation of each issuing organization and a portion defined by a mechanism to ensure certainty of redemption of local bonds as a whole of the local fiscal system. The former and the latter are completely separated, but the former also affects the latter. Although local municipal bond market in recent years experienced events such as rapid expansion of market bond and fiscal collapse of Yubari city, expansion of interest spread which seems to be contagion risk (transmission) was observed. It is important to make policy judgment as to whether to place importance on securing inexpensive and stable fund procurement or ensuring market discipline through the formation of local bond spreads in line with the issuer's fiscal situation.
  • Empirical analysis on the interest rates of municipal borrowings from private financial institutions, Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Young Scientists (B), We focus on municipal borrowings from private financial institutions and examine the following hypotheses. (i) In regions where there are few commercial banks, interest rates increase due to oligopolies; (ii) public funds, managed by the Ministry of Finance Japan and Japan Finance Organization for Municipalities, counteracts commercial banks and alleviates harmful effects due to oligopoly. Through official information disclosure and voluntary information provision request, we collect the conditions for municipal borrowings and conduct the empirical analysis. The empirical results support the above hypotheses. Especially, competitive bidding is effective, it is shown that the interest rate will drop by 1.28 bps if one private financial institution participating in bidding.

Educational Activities

Teaching Experience

  • Econometrics I, Okinawa International University