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著者 橋本 介三|
発行日 1996-08-28
出版物タイトル 岡山大学経済学会雑誌
28巻
2号
資料タイプ 一般雑誌記事
著者 千葉 徳夫|
発行日 1996-06-05
出版物タイトル 岡山大学経済学会雑誌
28巻
1号
資料タイプ 一般雑誌記事
著者 在間 宣久|
発行日 1998-03-15
出版物タイトル 岡山大学経済学会雑誌
29巻
4号
資料タイプ 一般雑誌記事
著者 山田 明|
発行日 1998-03-15
出版物タイトル 岡山大学経済学会雑誌
29巻
4号
資料タイプ 一般雑誌記事
著者 片山 貞雄|
発行日 1997-12-10
出版物タイトル 岡山大学経済学会雑誌
29巻
3号
資料タイプ 一般雑誌記事
著者 中野 美智子|
発行日 1997-12-10
出版物タイトル 岡山大学経済学会雑誌
29巻
3号
資料タイプ 一般雑誌記事
JaLCDOI 10.18926/OER/41598
タイトル(別表記) Representative Arguments on the Formation of Bubbles : Pigeonholing the Points at Issue - The Period of Bubbles (1) -
フルテキストURL oer_029_3_031_055.pdf
著者 一ノ瀬 篤|
抄録 The aim of this paper is to compare and examine the following three books focusing our attention on the process of the formation of bubbles: Giichi Miyazaki, The Compound Depression, 1992: Yukio Noguchi, Economics of Bubbles, 1992: Yoshio Suzuki, Monetary Policy in Japan, 1993. Miyazaki deems the first phase of bubble formation to be 1983-87 and the second to be 1988-89. His subjective intention is to explain bubbles through deregulation of finance. Yet objectively, his analysis emphasizes firstly, the Bank's intervention (increase of money supply) after the Plaza agreement, and secondly, MOF's preferential treatments on taxation to firms. His biggest problem is the ambiguity in his basis of the above phase-division, which affects his wlole discussion. Noguchi regards the latter half of 1980's as the bubble period. He points out, first of all, the prosperity of so-called equity finance and zaiteku (technology of finance) as formative factors. Secondly, above all, he refers to the prolonged cheap money. Nevertheless he isn't successful in explaining why bubbles began to swell from the year 1986. Suzuki deems the years 1988-89 to be the bubble period. He argues that it is the long-maintainded cheap money policy, which later proved to be an over-reaction to the Black Monday in Oct. 1987, that brought about bubbles. His arguments are clear, but seem to part from the reality. He excludes the years 1986-87 from the bubble period, as to neglect the extravagant inflow of short-term foreign money and the Bank's intervention above. To conclude, it is very important to clarify to the utmost extent when bubbles began to swell. This prescribes one's analysis of bubbles. We regard 1983-85 as the early phase of formation and 1986-89 as that of fuller-scale. Furthermore the possibility of watered fundamentals as well as the exorbitant short-term capital inflow during 1986-87 (and its relation to bubbles) should not be overlooked.
出版物タイトル 岡山大学経済学会雑誌
発行日 1997-12-10
29巻
3号
開始ページ 31
終了ページ 55
ISSN 0386-3069
言語 日本語
論文のバージョン publisher
NAID 110000129903
著者 滋野 由紀子|
発行日 1999-03-10
出版物タイトル 岡山大学経済学会雑誌
30巻
4号
資料タイプ 一般雑誌記事
著者 神立 春樹|
発行日 1998-09-10
出版物タイトル 岡山大学経済学会雑誌
30巻
2号
資料タイプ 一般雑誌記事
JaLCDOI 10.18926/OER/41542
タイトル(別表記) A Study of an Agricultural Book, "Nōgyō shison yashinaigusa" byYoshitake Tokuyama, 1826 (1)
フルテキストURL oer_030_2_195_220.pdf
著者 神立 春樹|
出版物タイトル 岡山大学経済学会雑誌
発行日 1998-09-10
30巻
2号
開始ページ 195
終了ページ 220
ISSN 0386-3069
言語 日本語
論文のバージョン publisher
NAID 110000129942
著者 松尾 展成|
発行日 2000-03-10
出版物タイトル 岡山大学経済学会雑誌
31巻
4号
資料タイプ 一般雑誌記事
著者 大川 篤志|
発行日 1999-12-10
出版物タイトル 岡山大学経済学会雑誌
31巻
3号
資料タイプ 一般雑誌記事
著者 相原 克磨|
発行日 1999-12-10
出版物タイトル 岡山大学経済学会雑誌
31巻
3号
資料タイプ 一般雑誌記事
JaLCDOI 10.18926/OER/41504
タイトル(別表記) The Chinese Society Observed through Abbreviations with Numerals - from BANYUETAN in 1999 -
フルテキストURL oer_031_3_173_194.pdf
著者 岡 益巳|
抄録 Abbreviations involving numerals occupy only 10 to 20% of all abbreviated words. This is why no preceding studies focused on abbreviations with numerals have been made. A series of studies by Oka, Oka [1998a, 1998b, 1999a, 1999b, 1999c, 1999d], already revealed their features. In this study, I will clarify, through abbreviations with numerals, the phase of Chinese society in 1999. When President Lee Teng-hui expressed his opinion on China in his book published in May, 1999 that China should be divided into seven states, Beijing got angry and started to attack his "qi kuai lun" or "sevenstate theory". In July President Lee also made public his provocative theory that the relationships between Taiwan and Mainland are "state-to-state". This again invited rage among the leaders of China, because they believe that. Taiwan is indivisible part of China's territory. Beijing severely criticizes Lee's idea as "liang guo lun" or a "two-state theory". A newly created abbreviation, "san bian" (three at the same time) for example, shows us that corner-cutting and sloppy construction is prevailing all over the country. An increasing number of lay-off workers from state enterprises became a great social problem, and many retraining service centers have been opened, and they offer "yi san yi" (one-three-one) services to help jobless people get employed with new skills.
出版物タイトル 岡山大学経済学会雑誌
発行日 1999-12-10
31巻
3号
開始ページ 173
終了ページ 194
ISSN 0386-3069
言語 日本語
論文のバージョン publisher
NAID 120002695984
JaLCDOI 10.18926/OER/41497
フルテキストURL oer_031_3_001_033.pdf
著者 一ノ瀬 篤|
抄録 There will be no great opposition, among Japanese people, to the assertion that the problem of non-performing debt was the most important inducement to the present serious depression in Japan. The non-performing debt problem was brought about by the huge swell of the bubble in the later 1980's and its collapse after entering 1990's. As for the causes ofthe bubble formation several useful books were published rather intensively during 1992-93. But in February 1994, Mr. Mieno, the then Governor of the Bank of Japan, stated at a lecturing speech that the causes of the bubble had not been clarified yet. He enumerated some problems to be solved, for example why bubbles took place almost simultaneously over the world, and why such tremendous rise of asset prices occurred. Basically this reflection seems to be right. Relevant researches, which were published mostly during 1992-1993, if we dare to simplify, pointed out two factors as the important causes of the bubble: various financial de-regulations and long-lasted cheap money policy which was closely concerned with the so-called "international cooperation of economic policy" in 1986-87. This paper is not against these arguments at all. However it calls attentions to the fact that preceding researches have overlooked an important problem to be solved: that is to say, the problem of the correlation between the rapid appreciation of yen and the soaring up of asset prices. The paper tries to analyze the simultaneous development of yen appreciation and asset inflation. Consequently it points out that the key factor was the massive inflow of foreign short-term capital. In other words, banks took in huge short-term money from abroad and lent it to firms as impact loan, which is presumably a peculiar Japanese financial instrument. Firms converted borrowed dollar into yen and invested it in asset markets. In the case of stocks, Tokkin & Fan-tora, deposited with trust banks, played an important role as the intermediary. Thus the prices of assets rose steeply. The banks' huge taking-in of foreign short-term money resulted in a strong selling pressure on US dollar in the exchange market. Thus the dollar fell and the yen rose. A pioneering work along this line is S. Nakao (1991). Unfortunately he confines his interest to the relation between the activities of banks and the appreciation of yen, putting the codevelopment of yen appreciation and the asset inflation out of his argument. In addition, preceding researches, which stress the financial deregulations as the most important cause of the bubble, tend only to enumerate various de-regulations. And they seem to have been unsuccessful in clarifying what part of the deregulations was crucial. This paper deems the abolitions of regulations on impact loan and on yenten as crucial. It was these de-regulations that played by far the most important roles in the formation ofthe bubble. Finally, the reader will see some concluding remarks at the end of the paper. The main concern of the paper lies, however, in the field of fact verification. What to learn or derive from verified facts belongs rather to a role of politicians and high officials.
出版物タイトル 岡山大学経済学会雑誌
発行日 1999-12-10
31巻
3号
開始ページ 1
終了ページ 33
ISSN 0386-3069
言語 英語
論文のバージョン publisher
NAID 120002695977
JaLCDOI 10.18926/OER/41491
タイトル(別表記) A Study of an Agricultural Book,
フルテキストURL oer_031_1_171_200.pdf
著者 神立 春樹|
出版物タイトル 岡山大学経済学会雑誌
発行日 1999-06-10
31巻
1号
開始ページ 171
終了ページ 200
ISSN 0386-3069
言語 日本語
論文のバージョン publisher
NAID 110000129999
JaLCDOI 10.18926/OER/41475
タイトル(別表記) Estate Management and Administration of the Family Estate in the Victorian Prosperous Period; the Case of the 7th Duke of Devonshire
フルテキストURL oer_032_4_031_064.pdf
著者 阿知羅 隆雄|
抄録 The Duke of Devonshire was a traditional landed aristocrat, who owned, according to the 'New Doomsday Book' of 1873, the seventh largest land, out of which he gained the second largest gross rental in the English landed aristocracy. He formed its central core. William Cavendish (1808-1884), who inherited the Dukedom in 1858, has been taken as a classic Mid-Victorian improving landlord. His entrepreneurship mainly covered the industrialisation and urbanisation of Barrow-in-Furness. In 1846 he constructed the Furness Railway as a means of developing his own iron mines, in the 1860's created the Barrow Haematite Steel Co. Ltd. and in the early 1870's a group of firms, which were related to the export of the steel rail. The firms respectively worked as elements which composed the productive forces for the use of landnature, and as a whole they created a regional structure of productive forces for the use of natural resources. The Cavendishes completely grasped these firms, at first as 'a proprietary railway', next as a 'Furness Railway-Cavendish organism', and lastly as the 'Furness Railway's Industrial Empire'. It was made possible owing to the prosperity of England as World Factory that the landowner transformed his own wealth into the capital on a large scale, led by the interest of his estate management. This was the process of forming a 'Capital-Landownership Complex' proper to Modern England, in which on one hand the landowner partly came to base on the capital, and on the other hand English Capitalism mobilized the wealth ofthe landowner to the capital. The aim of this paper is to study the Duke of Devonshire's finance which supported the aggressive estate management. It brings light on the followings; 1. the 6th Duke's Finance in the 1850's, through the close study of the Chief Agent's General Statements of Income and Expenditure, 2. the state of the Duke Family's finance on the 7th Duke's succession to the Dukedom, through the careful examination of his the letters and diary, 3. his estate management and its finance between 1858 and 1884, through the analysis ofthe summary statement.
出版物タイトル 岡山大学経済学会雑誌
発行日 2001-03-10
32巻
4号
開始ページ 31
終了ページ 64
ISSN 0386-3069
言語 日本語
論文のバージョン publisher
NAID 110000130070
著者 内田 豊士|
発行日 2000-06-10
出版物タイトル 岡山大学経済学会雑誌
32巻
1号
資料タイプ 一般雑誌記事
著者 大塚 利昭|
発行日 2000-06-10
出版物タイトル 岡山大学経済学会雑誌
32巻
1号
資料タイプ 一般雑誌記事
著者 佐藤 正志|
発行日 2000-06-10
出版物タイトル 岡山大学経済学会雑誌
32巻
1号
資料タイプ 一般雑誌記事