Suminori Tokunaga Books

Agglomeration economies and industrial clusters play a crucial role in the Japanese manufacturing sector, particularly in East Asia. The author analyzes production functions and agglomeration effects from 1985 to 2000, revealing positive impacts on production, especially through externality coagglomeration. The study also examines foreign direct investment location factors from 1986 to 2009, highlighting the importance of market potential and supplier access. With Japan's declining population, the author advocates for new digital industry clusters to mitigate economic challenges, emphasizing the need for innovative agglomeration strategies.

As a prototype for introducing landownership into an urban residential choice model, a basic model of residential land use is proposed in which a group of city residents is assumed to own jointly a circular area of land extending from the central business district. Absentee and public landownership models are considered as special cases. With this basic model, the existence and uniqueness of the land-use equilibrium can be shown, and the effects of landownership, household income, and population can be analyzed. By extending this model to an arbitrary subset of the city land and by introducing a crowding externalities variable, the effects of landownership on the land-use equilibrium are examined using comparative statistics. This book will be extremely useful for those whose work or research covers the fields of economics, urban planning, or regional studies.