Research activity information

• 2024 毎日新聞社・毎日新聞出版（千葉商科大学協賛）, 第65回（2024年度）エコノミスト賞, 「現代日本の金融システム」（慶応義塾大学出版会）

  内田浩史

  共同研究・競争的資金等の業績IDIRI


• Dec. 2018 財団法人 全国銀行学術研究振興財団, 全国銀行学術研究振興財団賞

  UCHIDA HIROFUMI

  『金融』有斐閣（2016年）、『金融機能と銀行業の経済分析』日本経済新聞出版社（2010年）、「金融：低成長下の日本の金融システム」深尾京司編『岩波講座 日本経済の歴史第6巻現代』所収、岩波書店（2018年）、「大震災と企業行動・企業金融」（共著）齊藤誠編『震災と経済』所収、東洋経済新報社(2015年）、「Banking in Japan 」 （共著）、A. Berger, P. Molyneux、and J.Wilson編『Oxford Handbook of Banking (2nd edition）』所収、Oxford University Press(2014年）、以上のように、日本の銀行システムの実証研究における一連の業績に対して

  Publisher


• Feb. 2009 商工総合研究所, 中小企業研究奨励賞, 『検証 中小企業金融－「根拠なき通説」の実証分析』（渡辺努、植杉威一郎編著、執筆分担、第4章）

  UCHIDA Hirofumi, 渡辺努, 植杉威一郎

• Banking in Japan: A Post COVID-19 Pandemic Perspective

  Uchida, H., G.F. Udell

  Mar. 2025, A. Berger, P. Molyneux, and J. Wilson eds., Oxford Handbook of Banking, 4th edition, Oxford University Press, 2025., Ch34, English

  In book


• Characteristics of green loan users and the green policy mix

  Anna L. Sobiech, Hirofumi Uchida

  Last, Elsevier BV, Mar. 2025, Energy Economics, 143, 108256 - 108256, English

  [Refereed]

  Scientific journal


• Does trade credit absorb adverse shocks? Evidence on SMEs in Japan

  Daisuke Tsuruta, Hirofumi Uchida

  Elsevier BV, Dec. 2024, Pacific-Basin Finance Journal, 88, 102556 - 102556, English

  [Refereed]

  Scientific journal


• The Collateral Channel versus the Bank Lending Channel: Evidence from a Massive Earthquake

  Iichiro Uesugi, Daisuke Miyakawa, Kaoru Hosono, Arito Ono, Hirofumi Uchida

  Last, Elsevier BV, Oct. 2024, Journal of Banking & Finance, 107315 - 107315, English

  [Refereed]

  Scientific journal


• 日本の銀行における流動性創出指標

  郡司大志, 小野有人, 鎮目雅人, 内田浩史, 安田行宏

  Corresponding, Jul. 2024, 日本経済研究, 82, 49 - 77, Japanese

  [Refereed]

  Scientific journal


• 第11章コメント：危機対応としての企業救済の是非

  内田浩史

  Sep. 2023, 祝迫得夫編『日本の金融システム』東京大学出版会, 409 - 415

  [Invited]


• Management Innovations in Family Firms after CEO Successions: Evidence from Japanese SMEs

  Hirofumi Uchida, Kazuo Yamada, Alberto Zazzaro

  Lead, Elsevier BV, Mar. 2023, Japan and the World Economy, 101189 - 101189, English

  [Refereed]

  Scientific journal


• Bank–firm relationship and loan maturity: Evidence from Japanese SMEs

  I.Kachkach, H.Uchida

  Elsevier BV, Dec. 2022, Journal of the Japanese and International Economies, 66, 101229 - 101229

  [Refereed]

  Scientific journal


• 「社会課題の可視化とセオリー・オブ・チェンジ」

  田辺大, 内田浩史

  2022, 国民経済雑誌, 226, 71 - 95

  Link to Kobe Univ. Repository (Kernel)


• Initial funding and founders’ human capital: An empirical analysis using multiple surveys for start-up firms

  Honjo, Y, C. Kwak, H. Uchida

  2022, Japan & the World Economy, 63, 101145

  [Refereed]


• 「コロナショックへの企業の対応と政策支援措置ーサーベイ調査に基づく分析ー」

  植杉威一郎, 小野有人, 本田朋史, 荒木祥太, 内田浩史, 小野塚祐紀, 川口大司, 鶴田大輔, 深沼光, 細野薫, 宮川大介, 安田行宏, 家森信善

  2022, 『経済研究』, 73(2) (2)


• 創業時の資金制約の決定要因

  内田浩史, 郭チャリ, 本庄裕司

  Lead, 2022, 国民経済雑誌, 225(3) (3), 1 - 29

  Link to Kobe Univ. Repository (Kernel)


• Lending pro-cyclicality and macroprudential policy: Evidence from Japanese LTV ratios

  Arito Ono, Hirofumi Uchida, Gregory F. Udell, Iichiro Uesugi

  Elsevier BV, Apr. 2021, Journal of Financial Stability, 53, 100819, English

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 金融再編と地域公益：コメント

  内田浩史

  Mar. 2021, 金融経済研究, 43, 97 - 105, Japanese

  [Invited]


• Natural Selection: A Review of Studies on Firms’ Exit and Efficiency

  Uchida, H

  Feb. 2021, Journal of Economics & Business Administration, 223(2) (2), 15 - 35, English

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 地域金融機関の社会的インパクトに関する経済学的考察

  内田浩史

  2021, 国民経済雑誌, 224(1) (1), 53 - 72

  Link to Kobe Univ. Repository (Kernel)


• 日本における起業の実態と課題

  内田 浩史, 郭 チャリ

  2021, 情報の科学と技術, 71, 428 - 433

  Link to Kobe Univ. Repository (Kernel)


• Same Information, Different Value: New Evidence on the Value of Voluntary Assurance,

  Nakaoka, T, T. Takada, H. Uchida

  Last, Elsevier BV, 2021, Journal of Accounting and Public Policy,, 40(10856) (10856), 106856

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 金融制度設計に対する機能アプローチと銀商分離規制の検討

  内田浩史

  Nov. 2020, 金融庁金融研究センターディスカッションペーパーシリーズ, DP2020-4, Japanese

  Research society


• Impact of a change in government loan rates on rates and amount of loans extended by other banks

  Iichiro Uesugi, Hirofumi Uchida, Hiromichi Iwaki

  Oct. 2020, Economic Review, 71(4) (4), 333 - 357, Japanese

  [Refereed]

  Scientific journal


• The Real Driver of Trade Credit

  T. Tsuruta, H. Uchida

  Oct. 2019, Pacific-Basin Finance Journal, 57, English

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• A Study on Entrepreneurship in Japan: Analysis using Data from a Web Survey

  H. Uchida, C. Kwak

  Sep. 2019, Journal of Economics & Business Administration, 220(3) (3), 1 - 18, Japanese

  Symposium


• Summary of the Survey on Business Startups and their Financing (Follow-up Survey)

  H. Uchida, C. Kwak

  Lead, Aug. 2019, Business Research, 67, 1 - 67, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 創業保証の規模と有効性

  UCHIDA HIROFUMI

  中央経済社, Jun. 2019, 信用保証制度を活用した創業支援―信用保証協会の役割と金融機関連携, 第3章36 - 61, Japanese

  Research institution


• 廃業者の属性と現況－起業継続者・非継続者の比較から－

  UCHIDA HIROFUMI, 郭 チャリ

  Feb. 2019, 日本政策金融公庫論集, (42) (42), Japanese

  Scientific journal


• Banking in Japan:A Post Global Financial Crisis Perspective

  UCHIDA HIROFUMI, G. Udell

  Oxford University Press, 2019, Oxford Handbook of Banking, 3rd edition(Ch. 36) (Ch. 36), English

  Scientific journal


• 金融：低成長下の日本の金融システムーバブル・危機・停滞化の安定

  UCHIDA Hirofumi

  May 2018, 岩波講座 日本経済の歴史 第６巻『現代』, 109 - 137, Japanese

  Scientific journal


• 日本の創業ファイナンスに関する実態調査の結果概要

  UCHIDA Hirofumi, 郭 チャリ, HATAKEDA Takashi, 本庄 裕司, YAMORI Nobuyoshi

  神戸大学大学院経営学研究科, Apr. 2018, 経営研究, 66, 1 - 56, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 起業と資金調達に関する調査（本調査）の結果概要

  UCHIDA Hirofumi, 郭チャリ, 山田和郎

  Mar. 2018, 経営研究, (65) (65), 1 - 47, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 起業と資金調達に関する調査（スクリーニング調査）の結果概要

  UCHIDA Hirofumi, 郭チャリ

  Feb. 2018, 経営研究（神戸大学大学院経営学研究科）, (64) (64), 1 - 19, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 都市間交通インフラと企業間取引・企業パフォーマンス―東日本大震災による高速道路途絶の影響

  細野 薫, 植杉 威一郎, UCHIDA HIROFUMI, 小野 有人, 宮川 大輔

  中央経済社, 2018, インフラを科学する―波及効果のエビデンス, Japanese

  Scientific journal


• 無保証人貸出の導入と企業の資金調達・パフォー マンス

  UCHIDA Hirofumi, 植杉威一郎, 岩木宏道

  Jan. 2018, 金融経済研究, (40) (40), 27 - 53, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 担保価値と資金制約：東日本大震災後の企業データを用いた分析

  UCHIDA Hirofumi, 宮川大介, 植杉威一郎, 小野有人, 細野薫

  Jan. 2018, 季刊住宅土地経済2018年冬季号, (107) (107), 16 - 25, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 日本における創業企業の全体像と創業金融の把握

  UCHIDA Hirofumi

  神戸大学経済経営学会, Nov. 2017, 国民経済雑誌, 216(5) (5), 1 - 21, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• NATURAL DISASTERS, DAMAGE TO BANKS, AND FIRM INVESTMENT

  Kaoru Hosono, Daisuke Miyakawa, Taisuke Uchino, Makoto Hazama, Arito Ono, Hirofumi Uchida, Iichiro Uesugi

  Nov. 2016, INTERNATIONAL ECONOMIC REVIEW, 57(4) (4), 1335 - 1370, English

  [Refereed]

  Scientific journal


• 日本政策金融公庫との取引関係が企業パフォーマンスに与える効果の検証

  UCHIDA Hirofumi, 植杉威一郎, 水杉裕太

  Apr. 2016, 経済研究, 67, 238 - 260, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 賃金業者と銀行の審査方法に関する比較分析

  UCHIDA Hirofumi

  Apr. 2016, 現代ファイナンス, (37) (37), 49 - 70, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 被災地企業の資金調達

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  Mar. 2016, 東日本大震災復興研究V 震災復興は東北をどう変えたか（東北大学大学院経済学研究科,地域産業復興調査研究プロジェクト編, 南北者）, Japanese

  Scientific journal


• 借入制約と担保チャンネル

  UCHIDA Hirofumi

  統計研究会, Mar. 2016, Eco-Forum, 31(3) (3), 3 - 11, Japanese

  Scientific journal


• 無担保貸出と企業の資金調達・パフォーマンス

  UCHIDA Hirofumi, 植杉威一郎, 岩木宏道

  Kobe University, Dec. 2015, 国民経済雑誌, 212(6) (6), 21 - 37, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• Financial shocks, bankruptcy, and natural selection

  Hirofumi Uchida, Daisuke Miyakawa, Kaoru Hosono, Arito Ono, Taisuke Uchino, Iichiro Uesugi

  Nov. 2015, JAPAN AND THE WORLD ECONOMY, 36, 123 - 135, English

  [Refereed]

  Scientific journal


• 担保価値と資金制約：東日本大震災後の企業データを用いた分析

  UCHIDA Hirofumi, 宮川大介, 植杉威一郎, 小野有人, 細野薫

  本稿の目的は, 企業が保有する資産の, 担保としての価値の減少が, 当該企業のdebt capacityを小さくする結果, 金融機関からの借入を難しくする, という所謂「担保チャンネル」が存在するか否かを実証的に検討することである. 本稿の分析上の特徴は, 東日本大震災が企業の保有資産にもたらした担保価値の毀損, という企業にとって純粋に外生的なショックに注目し, 既存研究とは異なる形で担保チャンネルの存在について識別を行っている点にある. 分析の結果, 震災による有形固定資産の価値毀損が大きいほど借入が難しいことが発見された. この結果は, 担保チャンネルが存在することを示唆している.The aim of this paper is to study the collateral channel which predicts that the reduction in the value of firms' physical assets leads to their smaller debt capacity, hence to borrowing constraints. As a unique feature of our approach, we employ a quasi-natural experiment approach and focus on a purely exogenous shock on firms' collateral values stemming from the damages associated with the Great Tohoku Earthquake, which enables us to identify the collateral channel in a much cleaner manner than conventional approaches. Our estimates show that firms that suffered from damages on their tangible fixed assets were more likely to face difficulty in borrowing from financial institutions. This finding supports the existence of the collateral channel.

  岩波書店, Jul. 2015, 経済研究, 66(3) (3), 224 - 241, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• The Repository of Soft Information within Bank Organizations

  Masazumi Hattori, Kohei Shintani, Hirofumi Uchida

  Jun. 2015, JOURNAL OF MONEY CREDIT AND BANKING, 47(4) (4), 737 - 770, English

  [Refereed]

  Scientific journal


• A New Look at Bank-Firm Relationships and the Use of Collateral in Japan: Evidence from Teikoku Databank Data

  UCHIDA Hirofumi, A. Ono, S. Kozuka, M. Hazama

  May 2015, T. Watanabe, I. Uesugi, and A. Ono eds. The Economics of Interfirm Networks, Springer Japan, English

  Scientific journal


• 被災地企業の資金調達

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  Mar. 2015, 東日本大震災復興研究Ⅳ 新しいフェーズを迎える東北復興への提言―「創造的復興」は果たせるか、４年目をレビュー―（東北大学大学院経済学研究科,地域産業復興調査研究プロジェクト編,河北新報出版センター）, Japanese

  Scientific journal


• 企業の環境変化と金融機関のあり方：日本の企業ファイナンスに関する実態調査（２０１４年）の結果概要

  UCHIDA Hirofumi, 小倉義明, 筒井義郎, 根本忠宣, 家森信善, 神吉正三, 渡部和孝

  Mar. 2015, 経営研究（神戸大学大学院経営学研究科）, (61) (61), 1 - 65, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 企業の環境変化と金融機関のあり方：日本の企業ファイナンスに関する実態調査（2014年）の結果概要

  UCHIDA Hirofumi, OGURA Yoshiaki, TSUTSUI Yoshiro, NEMOTO Tadanobu, YAMORI Nobuyoshi, KANKI Shozo, WATANABE Wako

  神戸大学大学院経営学研究科, Mar. 2015, 経営研究, (61) (61), 1 - 64, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 大震災と企業行動・企業金融

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  Jan. 2015, 震災と経済（日本学術振興会 東日本大震災学術調査報告書 第4巻）, Japanese

  Scientific journal


• 地域金融機関の経営実態

  UCHIDA Hirofumi, OGURA Yoshiaki, TSUTSUI Yoshiro, NEMOTO Tadanobu, YAMORI Nobuyoshi, KANKI Shozo, WATANABE Wako

  神戸大学大学院経営学研究科, May 2014, 経営研究, (57) (57), 1 - 53, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 東日本大震災と企業退出：企業データベースの分析

  UCHIDA Hirofumi

  Apr. 2014, 経営研究, (60) (60), 1 - 35, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 社会化と経済・教育・社会的成果

  UCHIDA HIROFUMI, HIOKI Koichi

  本稿の目的は、個人の他者との関わり方を明示的に考慮した新たな経済モデルへの足掛かりとして、心理学の「社会化(socialization)」に関する研究で得られている知見に関して整理し、紹介することである。本稿ではまず関連するアプローチとしてパーソナリティ心理学に基づく経済学を紹介し、そこでは個人の他者との関わり方の違いが重視されていないことを指摘した上で、心理学における「社会化」研究の知見を取り入れるべきであることを指摘する。そして、「社会化」ならびに「学校における」社会化に関する研究成果を紹介し、こうした成果を経済モデルに組み込む上で注意すべき点について議論する。

  神戸大学大学院経営学研究科, Apr. 2014, 経営研究, 2014(58) (58), Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• Bank Consolidation and Soft Information Acquisition in Small Business Lending

  UCHIDA Hirofumi, Y. Ogura

  Springer Science and Business Media LLC, Apr. 2014, Journal of Financial Services Research, 49(2) (2), 173 - 200, English

  [Refereed]

  Scientific journal


• Firm growth and efficiency in the banking industry: A new test of the efficient structure hypothesis

  Tetsushi Homma, Yoshiro Tsutsui, Hirofumi Uchida

  Mar. 2014, JOURNAL OF BANKING & FINANCE, 40, 143 - 153, English

  [Refereed]

  Scientific journal


• 被災地企業の資金調達

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  Mar. 2014, 東日本大震災復興研究Ⅲ 震災復興政策の検証と新産業創出への提言―広域的かつ多様な課題を見据えながら「新たな地域モデル」を目指す―（東北大学大学院経済学研究科 地域産業復興調査研究プロジェクト編, 河北新報出版センター）, Japanese

  Scientific journal


• 中小企業金融の環境変化のもとでの政策金融の役割と課題―「金融機関に対する中小企業の意識調査」の結果をもとに―

  UCHIDA Hirofumi, YAMORI NOBUYOSHI, 植杉威一郎, 小倉義明, 高久賢也, 冨村圭, 根本忠宣, 渡部和孝

  名古屋大学大学院経済学研究科付属国際経済政策研究センター, Mar. 2014, 調査と資料, (119) (119), 1 - 95, Japanese

  Scientific journal


• 社会化と経済・教育・社会的成果

  UCHIDA Hirofumi, 日置孝一

  Mar. 2014, 経営研究, (58) (58), 1 - 21, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• 復興需要と企業業績

  UCHIDA Hirofumi, 中岡孝剛

  Feb. 2014, 金融経済研究 特別号 東日本大震災復興の金融問題（招待論文）, 3 - 16, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 東日本大震災と企業の二重債務問題

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  Feb. 2014, 金融経済研究 特別号 東日本大震災復興の金融問題（招待論文), 17 - 36, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 地域金融機関の経営実態

  UCHIDA Hirofumi, 小倉義明, 筒井義郎, 根本忠宣, 神吉正三, 渡部和孝

  Jan. 2014, 経営研究, (57) (57), 1 - 52, Japanese

  Research institution

  Link to Kobe Univ. Repository (Kernel)


• Banking in Japan

  UCHIDA Hirofumi, G. Udell

  Jan. 2014, Oxford Handbook of Banking, 873 - 912, English

  Scientific journal


• 企業間信用と銀行借入の代替性・補完性

  UCHIDA Hirofumi

  Kobe University, Nov. 2013, 国民経済雑誌, 208(5) (5), 19 - 32, Japanese

  Research institution


• 大震災と企業行動のダイナミクス

  UCHIDA Hirofumi, 植杉威一郎, 内野泰助, 小野有人, 間真実, 細野薫, 宮川大介

  本稿は，1995年1月に発生した阪神・淡路大震災の被災地において企業が受けた被害と回復の過程について分析する．最大で約９万社の個別企業データを用い，震災が企業の存続と倒産に与えた影響，震災が企業移転に与えた影響，震災後の被災企業による復旧・復興のための設備投資に関する3つの分野に関して，ファクトファインディングを行う．主な結果は以下の通りである．第一に，被災地金融機関と取引関係にあった被災地企業において，震災後の倒産確率が有意に上昇する．第二に，被災地では産業集積の進んでいた地域に立地していた企業ほど移転率が高まるが，約1/3の企業の移転距離は1kmに満たない.第三に，被災地金融機関と取引関係があった被災地企業では，設備投資の増加幅が抑制されている．This paper focuses on the Kobe Earthquake which occurred in January 1995 and examines the damage to firms and the recovery process that followed. Using a dataset of about 90,000 firms, we implement a fact-finding study on exits, relocations, and recovery investment and show the following. First, damaged firms that transacted with banks in the earthquake-affected area were more likely to go bankrupt than non-damaged firms. Second, damaged firms in industry agglomerations were more likely to relocate themselves from their original locations than damaged firms located outside of such agglomerations. Note, however, that relocation distances among damaged firms were small, that is, one-third of these relocated firms moved less than 1 kilometer. Third, the amount of capital investment increase for damaged firms that transacted with banks in the earthquake-affected area was significantly smaller than for damaged firms that did not.

  岩波書店, Apr. 2013, 経済研究, 64(2) (2), 97 - 118, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 被災地企業の資金調達

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  Mar. 2013, 東日本大震災復興研究Ⅱ 東北地域の産業・社会の復興と再生への提言(東北大学大学院経済学研究科 地域産業復興調査研究プロジェクト編）, Japanese

  Scientific journal


• Are trade creditors relationship lenders?

  Hirofumi Uchida, Gregory F. Udell, Wako Watanabe

  Jan. 2013, Japan and the World Economy, 25-26, 24 - 38, English

  [Refereed]

  Scientific journal


• 賃借関係における交渉力の決定要因

  UCHIDA Hirofumi

  Dec. 2012, 国民経済雑誌, 206(1) (1), 47 - 59, Japanese

  Research institution


• 経済学的視点から見た二重債務問題ー企業の問題を中心にー

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 細野薫, 宮川大介

  日本金融学会, Apr. 2012, 金融経済研究（日本金融学会）, (34) (34), 1 - 27, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• Loan officers and relationship lending to SMEs

  Hirofumi Uchida, Gregory F. Udell, Nobuyoshi Yamori

  Jan. 2012, JOURNAL OF FINANCIAL INTERMEDIATION, 21(1) (1), 97 - 122, English

  [Refereed]

  Scientific journal


• 担保の経済分析：展望

  UCHIDA Hirofumi

  Kobe University, Dec. 2011, 国民経済雑誌, 204(6) (6), 45 - 60, Japanese

  Scientific journal


• What Do Banks Evaluate When They Screen Borrowers? Soft Information, Hard Information and Collateral

  Hirofumi Uchida

  Oct. 2011, JOURNAL OF FINANCIAL SERVICES RESEARCH, 40(1-2) (1-2), 29 - 48, English

  [Refereed]

  Scientific journal


• Herd Behaviour by Japanese Banks after Financial Deregulation

  Ryuichi Nakagawa, Hirofumi Uchida

  Oct. 2011, ECONOMICA, 78(312) (312), 618 - 636, English

  [Refereed]

  Scientific journal


• Inflation target and debt management of local government bonds

  Hiroshi Fujiki, Hirofumi Uchida

  Aug. 2011, JAPAN AND THE WORLD ECONOMY, 23(3) (3), 178 - 189, English

  [Refereed]

  Scientific journal


• Relationship finance in Japan (1) Evidence from the former part of "Survey on current situation of corporate finance in Japan"

  中岡 孝剛, 内田 浩史, 家森 信善

  名古屋大学大学院経済学研究科, Jun. 2011, The Economic science, 59(1) (1), 1 - 26, Japanese


• Information verifiability, bank organization, bank competition and bank-borrower relationships

  Masaji Kano, Hirofumi Uchida, Gregory F. Udell, Wako Watanabe

  Apr. 2011, JOURNAL OF BANKING & FINANCE, 35(4) (4), 935 - 954, English

  [Refereed]

  Scientific journal


• The rationale behind the use of trade credit

  UCHIDA Hirofumi

  日本ファイナンス学会, Mar. 2011, 現代ファイナンス, (29) (29), 3 - 48, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• リレーションシップ型金融の実態（２）日本の企業ファイナンスに関する実態調査の後半部分の概要

  UCHIDA Hirofumi, 中岡孝剛, 家森信善

  Jan. 2011, 経済科学, 59(2) (2), 1 - 27, Japanese

  Scientific journal


• コーポレートファイナンス

  UCHIDA Hirofumi, 小佐野広

  Dec. 2010, 中林真幸・石黒真吾編『比較制度分析・入門』有斐閣, 第11章, Japanese

  Scientific journal


• コーポレートファイナンス

  UCHIDA Hirofumi, 小佐野広

  神戸大学, Dec. 2010, 比較制度分析・入門（中林真幸・石黒真吾編,有斐閣), 18(3) (3), 35 - 35, Japanese

  Scientific journal


• Banking in Japan

  UCHIDA Hirofumi, G. Udell

  Dec. 2010, The Oxford Handbook of Banking, Ch. 35, 903 - 940, English

  Scientific journal


• Banking in Japan

  UCHIDA Hirofumi, G. Udell

  Dec. 2010, Oxford Handbook of Banking, 903 - 940, English

  Scientific journal


• リレーションシップバンキングと融資担当者の役割

  UCHIDA Hirofumi

  神戸大学, Jul. 2010, ビジネス・インサイト, 18(70) (70), 20 - 21, Japanese

  Scientific journal


• Market discipline and bank efficiency

  Hirofumi Uchida, Mitsuhiko Satake

  Elsevier BV, Dec. 2009, Journal of International Financial Markets, Institutions and Money, 19(5) (5), 792 - 802

  Scientific journal


• 金融危機下における中小企業金融の現状:『企業・金融機関との取引実態調査(2008年2月実施)』、『金融危機下における企業・金融機関との取引実態調査(2009年2月実施)』の結果概要

  UCHIDA Hirofumi, 植杉威一郎, 小倉義明, 小野有人, 胥鵬, 鶴田大輔, 根本忠宣, 平田英明, 安田行宏, YAMORI NOBUYOSHI, 渡部和孝, 布袋正樹

  Jul. 2009, RIETIディスカッションペーパー, 09-J-020, Japanese

  Scientific journal


• Managerial Advice and the Choice between Bank Loans and Publicly Issued Debt

  UCHIDA Hirofumi

  Wakayama University, May 2009, 経済理論(和歌山大学), 349(349) (349), 119 - 142, Japanese

  Scientific journal


• Is Relationship Banking a Panacea for Financing of Small- and Medium-Sized Enterprises?

  UCHIDA Hirofumi

  Sep. 2008, 渡辺努、植杉威一郎編著『検証 中小企業金融-根拠なき通説の実証分析』日本経済新聞出版社, 第4章, Japanese

  Scientific journal


• Bank size and lending relationships in Japan

  Hirofumi Uchida, Gregory F. Udell, Wako Watanabe

  Elsevier BV, Jun. 2008, Journal of the Japanese and International Economies, 22(2) (2), 242 - 267

  Scientific journal


• Negative impact of bank consolidation on soft information acquisition

  UCHIDA Hirofumi, 小倉義明

  本研究の目的は，金融機関の経営統合が借手企業に関する「ソフトな情報」の収集に与える影響を分析することである．2005年に実施された「関西地域の企業金融に関する企業意識調査」で得られた中小企業の個票データを用いて分析したところ，合併はソフトな情報の生産を減少させる，という結果が得られた．これは，合併によって経営組織が大規模化，複雑化し，「ソフトな情報」が生産されにくくなるという仮説，および合併に伴う費用削減（リストラ）によって「ソフトな情報」が失われてしまうという仮説に整合的であるWe empirically examine the impact of bank consolidation on bankers' acquisition of soft information about borrowers. Using a dataset of small businesses, we found that bank mergers have a negative impact on soft information acquisition by banks. This result implies that the increase in organizational complexity by bank mergers or cost-cutting following upon mergers hindered soft information acquisition.

  岩波書店, Apr. 2008, 経済研究, 経済研究(2) (2), 153 - 163, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• Herd Behavior in the Japanese Loan Market: Evidence from Semi-Macro Data

  UCHIDA Hirofumi, R. Nakagawa

  This paper examines whether or not herd behavior exists between different types of Japanese banks. Using data of loans outstanding by bank type from 1980 to 2000, we investigate statistical causality between loans from different types of banks in Japan. The results manifest significant causality from city banks to regional banks, from long-term credit banks to city banks, and from trust banks to city banks. Consistent with historical events in Japan, these relationships have been particularly strong for loans to emerging industries and for loans in the 1980s. We also conducted analysis to clarify possible causes of the detected herding. Among different stories behind herd behavior, the results are most consistent with the behavior based on reference from another type of bank. The results between long-term credit banks and city banks are also consistent with the "Cowbell"-like effect.

  Kansai University, Mar. 2008, Kansai University Review of Economics, 10, 25 - 49, English

  Scientific journal


• How do Japanese banks discipline small- and medium-sized borrowers? An investigation of the deployment of lending technologies

  Hirofumi Uchida, Gregory F. Udell, Nobuyoshi Yamori

  Emerald (MCB UP ), 2008, Institutional Approach to Global Corporate Governance: Business Systems and Beyond, 57 - 80

  In book


• リレーションシップバンキングは中小企業金融の万能薬か

  UCHIDA HIROFUMI

  2008, 渡辺努、植杉威一郎編著『検証 中小企業金融－「根拠なき通説」の実証分析』第4章; 日本経済新聞出版社, Japanese

  Research society


• Herd behavior in the Japanese loan market: Evidence from bank panel data

  Hirofumi Uchida, Ryuichi Nakagawa

  Elsevier BV, Oct. 2007, Journal of Financial Intermediation, 16(4) (4), 555 - 583

  Scientific journal


• リレーションシップバンキングの経済学

  UCHIDA HIROFUMI

  2007, 筒井義郎･植村修一編著『リレーションシップバンキングと地域金融』第１章; 日本経済新聞社, Japanese

  [Invited]

  Research society


• Market-Oriented Indirect Finance and the Role of Financial Institutions

  UCHIDA Hirofumi

  May 2006, 池尾和人・財務省財務総合政策研究所編著『市場型間接金融の経済分析』日本評論社, 第3章, Japanese

  Scientific journal


• Efficiency Structure Hypothesisw for City Babks

  UCHIDA Hirofumi, 筒井義郎, 佐竹光彦

  経済産業調査会, Feb. 2006, 経済産業ジャーナル(独立行政法人経済産業研究所)2006/02, -(2) (2), 54 - 57, Japanese

  Scientific journal


• 「市場型間接金融と金融機関の機能」

  UCHIDA HIROFUMI

  2006, 池尾和人・財務省財務総合政策研究所編著『市場型間接金融の経済分析』日本評論社, Japanese

  Research society


• 効率性仮説と市場構造=行動=成果仮説:再訪

  UCHIDA Hirofumi, 筒井義郎, 佐竹光彦

  Jan. 2006, RIETIディスカッション・ペーパー06-J-001, 経済産業研究所, Japanese

  Scientific journal


• Optimal inflation target under uncertainty

  Hirofumi Uchida, Hiroshi Fujiki

  Elsevier BV, Dec. 2005, Japan and the World Economy, 17(4) (4), 470 - 479

  Scientific journal


• What is Market-Oriented Indirect Finance?

  UCHIDA Hirofumi

  May 2005, 三色旗(慶應義塾大学通信教育部), -, Japanese

  Scientific journal


• Has competition in the Japanese banking sector improved?

  Hirofumi Uchida, Yoshiro Tsutsui

  Elsevier BV, Feb. 2005, Journal of Banking & Finance, 29(2) (2), 419 - 439

  Scientific journal


• Optimal contracts for central bankers and public debt policy

  Hiroshi Fujiki, Hiroshi Osano, Hirofumi Uchida

  Blackwell Publishing Ltd, 2004, Japanese Economic Review, 55(4) (4), 372 - 400, English

  [Refereed]

  Scientific journal


• Contract theory in Banking and Finance

  UCHIDA Hirofumi

  Dec. 2003, 伊藤秀史・小佐野広編『インセンティブ設計の経済学』勁草書房, 第2章, Japanese

  Scientific journal


• Governance role of bank monitoring in Japan

  UCHIDA Hirofumi, 小佐野広

  Sep. 2003, 寺西重郎・花崎正晴編『コーポレートガバナンスの経済分析』東京大学出版会, 第9章, Japanese

  Scientific journal


• 金融分析と契約理論

  UCHIDA HIROFUMI

  2003, 伊藤秀史・小佐野広編『契約理論とその応用』勁草書房, Japanese

  Research society


• Deposit Collateral and the Role of Banks

  UCHIDA Hirofumi

  Jan. 2003, European Finance Review (Review of Finance), 7, 409 - 435, English

  [Refereed]

  Scientific journal


• Theoretical studies on bank regulation

  UCHIDA Hirofumi, 前多康男

  Jun. 2002, 大阪大学経済学, 52(1) (1), 1 - 23, Japanese

  Link to Kobe Univ. Repository (Kernel)


• Capital structure of a regulated firm with a fixed-size project,

  UCHIDA Hirofumi, 水野敬三

  Jan. 2002, 経済理論(和歌山大学), 経済理論(和歌山大学), 77 - 89, Japanese


• The theoretical foundations of "Yardstick regulation

  UCHIDA Hirofumi

  Osaka University, Sep. 2000, 大阪大学経済学, 50(1) (1), 31 - 49, Japanese

  Link to Kobe Univ. Repository (Kernel)


• The roles of financial institutions

  UCHIDA HIROFUMI

  Jul. 2000, 筒井義郎編著『金融分析の最先端』東洋経済新報社, 第1章, Japanese

  Research society


• Optimal contracts for central banker

  UCHIDA Hirofumi, 小佐野広, 藤木裕

  Jan. 2000, 小佐野広・本多佑三編著『現代の金融と政策』日本評論社, 第7章, Japanese

  Scientific journal


• An empirical study on the capital structure of regulated firms

  UCHIDA Hirofumi, 竹内哲治

  和歌山大学経済学会, May 1999, 経済理論(和歌山大学), (289) (289), 87 - 96, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 日本の金融仲介機関と資本市場

  UCHIDA HIROFUMI

  1999, 博士論文（大阪大学）., Japanese

  Doctoral thesis


• Corporate finance and the "dual cycle" of loans for small and large firms in Japan

  UCHIDA Hirofumi

  金融学会, Oct. 1998, 金融経済研究(日本金融学会), 第15号, pp.52-66(15) (15), 52 - 66, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• Permission of the issuance of corporate bonds by commercial banks improves efficiency of bank loans

  UCHIDA Hirofumi

  和歌山大学経済学会, Mar. 1998, 経済理論(和歌山大学), 第282号, pp.81-94(282) (282), 81 - 94, Japanese

  Link to Kobe Univ. Repository (Kernel)


• Financial intermediaries and capital markets: A survey

  UCHIDA Hirofumi

  日本金融学会, Nov. 1997, 金融経済研究(日本金融学会), 第13・14号, pp.32-43(13) (13), 32 - 43, Japanese

  [Refereed]

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• Regulation on large lot loans may hurt efficiency

  UCHIDA Hirofumi

  Osaka University, Mar. 1997, 大阪大学経済学, 第46巻, 第4号, pp.48-61(4) (4), 48 - 61, Japanese

  Link to Kobe Univ. Repository (Kernel)


• Financial intermediaries and capital markets: A survey

  UCHIDA Hirofumi

  Osaka University, Oct. 1996, 大阪大学経済学, 第46巻, 第2号, pp.57-69(2) (2), 57 - 69, Japanese

  Scientific journal

  Link to Kobe Univ. Repository (Kernel)


• 「日本の貸出市場分析と融資の二重循環－貸出市場分析の新たな視点」

  UCHIDA HIROFUMI

  1995, 修士論文（大阪大学）., Japanese

• 事業継続への意欲高めて復興金融の創出を―地域金融の中長期的役割を考える

  内田浩史

  Lead, May 2024, 月刊金融ジャーナル, (2024年5月) (2024年5月), 66 - 69, Japanese

  [Invited]

  Introduction commerce magazine


• 金融研究者と人的資本経営とのかかわり

  内田浩史

  Lead, Apr. 2024, ㈱インソース ホームページ 人的資本経営 研究教育センター 記事, Japanese

  Others


• 東日本大震災と企業行動・企業金融 : 被災地、震災前の問題に直面する可能性 (東日本大震災から5年)

  内田 浩史

  金融ジャーナル社, Mar. 2016, 月刊金融ジャーナル, 57(3) (3), 70 - 73, Japanese


• 地域銀行における利ザヤビジネスのあり方 (総特集 地銀型ビジネスとは) -- (成長戦略を探る)

  内田 浩史

  金融ジャーナル社, Apr. 2015, 月刊金融ジャーナル, 56(4) (4), 16 - 19, Japanese


• ファイナンス・金融機関の「基礎の基礎」

  UCHIDA Hirofumi

  神戸大学, Apr. 2015, 経済学・経営学学習のために 国民経済雑誌別冊 平成27年度前期号, 2015, 43 - 50, Japanese

  Introduction research institution


• 二重債務問題の実態 (特集 震災復興のいま)

  内田 浩史, 小野 有人, 宮川 大介

  金融ジャーナル社, Mar. 2014, 月刊金融ジャーナル, 55(3) (3), 8 - 13, Japanese


• 貸金業法改正後における企業の資金調達実態調査の概要

  UCHIDA Hirofumi, 植杉威一郎, 小野有人, 小塚荘一郎, 鶴田大輔, 君和田貴也

  Dec. 2011, 一橋大学産業・金融ネットワーク研究センター Working Paper Series, (14) (14), Japanese

  Technical report


• 地域貸出市場における地域銀行の役割 (総特集 地域活性化と銀行の役割) -- (地域銀行の方策を探る)

  内田 浩史

  金融ジャ-ナル社, Apr. 2011, 月刊金融ジャ-ナル, 52(4) (4), 10 - 13, Japanese


• Current Status of Firm-Bank Relationships and the Use of Collateral in Japan: An Overview of the Teikoku Databank Data

  UCHIDA Hirofumi, Ono,A, Kozuka,S, Hazama,M, Uesugi,I

  Aug. 2010, Research Center for Interfirm Network Discussion Paper Series, (4) (4), English

  Technical report


• Current status of interfirm relations in Japan: An overview of the Teikoku Databank data

  UCHIDA Hirofumi, Ono,A, Kozuka,S, Hazama,M, Uesugi,I

  May 2010, Research Center for Interfirm Network Discussion Paper Series, (3) (3), English

  Technical report


• ファイナンス・金融機関について学ぶには

  内田 浩史

  神戸大学, 2010, 経済学・経営学学習のために, 2010, 25 - 30, Japanese


• 金融危機下における中小企業金融の現状：『企業・金融機関との取引実態調査（2008年2月実施）』、『金融危機下における企業・金融機関との取引実態調査（2009年2月実施）』の結果概要

  植杉威一郎, 内田浩史, 小倉義明, 小野有人, 胥鵬, 鶴田大輔, 根本忠宣, 平田英明, 安田行宏, 家森信善, 渡部和孝, 布袋正樹

  2009, RIETIディスカッションペーパー 09-J-020


• Current status of SMEs under the financial crisis: Summary of the results of ‘Survey on Transaction with Firms and Financial Institutions (February 2008)’ and ‘Survey on Transaction with Firms and Financial Institutions under the Financial Crisis (Febr・・・

  Uesugi, I, H. Uchida, Y. Ogura, A. Ono, X. Peng, D. Tsuruta, T. Nemoto, H. Hirata, Y. Yasuda, N. Yamori, W. Watanabe, M. Hotei

  Current status of SMEs under the financial crisis: Summary of the results of ‘Survey on Transaction with Firms and Financial Institutions (February 2008)’ and ‘Survey on Transaction with Firms and Financial Institutions under the Financial Crisis (February 2009)'

  2009, RIETI Discussion Paper 09-J-020


• Negative impact of bank consolidation on soft information acquisition

  Ogura, Y, H. Uchida

  2008, Economic Review (Hitotsubashi University, 59, 153 - 163


• Theoretical studies on bank regulation (in Japanese)

  Uchida, H, Y. Maeda

  2002, Osaka Economic Papers, 52(1) (1), 1 - 23


• Capital structure of a regulated firm with a fixed-size project (in Japanese)

  Uchida, H, K. Mizuno

  2002, The Wakayama Economic Review, 305, 81 - 94


• The theoretical foundations of 'Yardstick regulation' (in Japanese)

  Uchida, H

  2000, Osaka Economic Papers, 50(1) (1), 31 - 49


• Finacial intermediaries and capital markets in Japan (in Japanese)

  Uchida, H

  1999, Doctorial dissertation


• Permission of the issuance of corporate bonds by commercial banks improves efficiency of bank loans (in Japanese)

  Uchida, H

  1998, The Wakayama Economic Review, 282, 81 - 94


• Corporate finance and the 'dual sycle' of loans for small and large firms in Japan (in Japanese)

  Uchida, H

  1998, Studies on Financial Economics, 15, 52 - 66


• Regulation on large lot loans may hurt efficiency (in Japanese)

  Uchida, H

  1997, Osaka Economic Papers, 46(4) (4), 48 - 61


• Financial intermediaries and capital markets: A survey (in Japanese)

  Uchida, H

  1997, Studies on Financial Economics, 13(14) (14), 32 - 43


• A survey on the analyses of the Japanese loan market and the 'dual cycle' of loans for small and large firms (in Japanese)

  Uchida, H

  1995, Master theses

• 公共政策における法学と経済学の役割

  内田, 浩史 (経済学), 大内, 伸哉

  神戸大学出版会,神戸新聞総合出版センター, Mar. 2025, Japanese, ISBN: 9784909364357


• White Paper on M&A of SMEs

  MAREC(神戸大学大学院経営学研究科, 中小M, A研究教育センター) 編

  Editor, 編集統括、第１章、第２章、第３章（3.1節、3.2節、3.5節、3.6節）, 中央経済社, Sep. 2024, ISBN: 9784502512513


• The Financial System in Contemporary Japan

  Hirofumi Uchida

  Single work, 慶應義塾大学出版会, Sep. 2024, Japanese, ISBN: 9784766429831


• Money, Banking, and Financial System（New Edition）

  Hirofumi Uchida

  Single work, 有斐閣, Apr. 2024, Japanese, ISBN: 9784641166295


• 価値の創造を考える : 2022年度神戸大学V.Schoolの取り組みの軌跡

  神戸大学バリュースクール

  Contributor, 内田浩史「神戸市課題解決プロジェクト」（2-2-2節）, 神戸大学出版会,神戸新聞総合出版センター (発売), Mar. 2024, Japanese, ISBN: 9784909364296


• 価値創造の教育 - 神戸大学バリュースクールの挑戦

  内田浩史, 神戸市課題解決プロジェクト, 國部克彦, 鶴田宏樹, 祗園景子

  第8章, 神戸大学出版会, 2021


• 金融

  UCHIDA Hirofumi

  Single work, 有斐閣, Dec. 2016, Japanese

  Scholarly book


• Interfirm Relationships and Trade Credit in Japan: Evidence from Micro-Data

  UCHIDA Hirofumi, A. Ono, S. Kozuka, M. Hazama, I. Uesugi

  Joint work, Springer, Sep. 2014, English

  Scholarly book


• Economic Analysis of Banking

  UCHIDA Hirofumi

  Single work, 日本経済新聞出版社, Dec. 2010, Japanese

  Scholarly book


• Is Relationship Banking a Panacea for Small- and Medium-Sized Enterprise Financing (in Japanese)

  UCHIDA HIROFUMI

  Single work, 渡辺努、植杉威一郎編著『検証 中小企業金融－「根拠なき通説」の実証分析』第4章; 日本経済新聞出版社, 2008, Japanese

  Scholarly book


• Economics of Relationship Banking (in Japanese)

  UCHIDA HIROFUMI

  Single work, Y. Tsutsui and S. Uemura eds., Relationship Banking and Regional Finance, Nikkei Publishing, Chapter 1, 2007, Japanese

  Scholarly book


• Market-based indirect finance and the role of financial institutions (in Japanese)

  UCHIDA HIROFUMI

  Single work, in K. Ikeo and the Policy Research Institute of the Ministry of Finance eds., Economic Analysis of Market-Based Indirect Finance, Nihon Hyoronsha 2006, 2006, Japanese

  Scholarly book


• Financial analysis and contract theory (in Japanese)

  Hirofumi Uchida

  Itoh, H. and H. Osano eds. Contract theory and its applications, Keiso Shobo Publishing, 2003


• Governance role of bank monitoring in Japan (in Japanese)

  Uchida, H, H. Osano

  J. Teranishi and M. Hanazaki eds. Economics of Corporate Governance, University of Tokyo Press, 2003


• 「金融分析と契約理論」

  UCHIDA HIROFUMI

  Single work, 伊藤秀史・小佐野広編『契約理論とその応用』勁草書房, 2003, Japanese

  Scholarly book


• Big bang deregulation and Japanese corporate governance: A survey of the issues (by M. Gibson)(a translation into Japanese)

  UCHIDA HIROFUMI

  Single work, H. Patric and T. Hoshi eds., translations supervised by Y. Tsutsui, Crisis and Change in the Japanese Financial System, Nihon Keizai Shinbunsha 2001年, 2001, Japanese

  Scholarly book


• 内田浩史「金融機関の機能」

  筒井義郎編著『金融分析の最先端』東洋経済新報社, 2000


• 内田浩史・藤木裕・小佐野広「中央銀行への最適契約」

  小佐野広・本多佑三編著『現代の金融と政策』日本評論社, 2000


• Optimal contracts for central bankers (in Japanese)

  UCHIDA HIROFUMI, 藤木裕, 小佐野広

  Joint work, H. Osano and Y. Honda eds., Modern Trends in Finance and Financial and Monetary Policy, Nihon Hyoronsha, 2000, Japanese

  Scholarly book


• The roles of financial institutions (in Japanese)

  UCHIDA HIROFUMI

  Single work, Y. Tsutsui ed., Frontiers of Financial Analysis, Toyo Keizai Shiposha, 2000, Japanese

  Scholarly book

• 理論とエビデンスに基づく非伝統的金融政策評価

  内田浩史

  日本金融学会2024年度秋季大会 中央銀行パネル「学界における日本銀行の金融政策に関する多角的レビュー」招待報告, Oct. 2024, Japanese

  [Invited]

  Nominated symposium


• Aim and overview of 2024-2025 White Paper on M&A of SMEs

  Hirofumi Uchida

  神戸大学大学院経営学研究科 中小M&A研究教育センター 第3回年次シンポジウム(中小M&A白書出版記念) 「中小M&Aの未来を考える」, Sep. 2024, Japanese

  [Invited]

  Nominated symposium


• Empirical Analysis on Startup Loans by a Government-Affiliated Bank

  Hirofumi Uchida

  第4回 アントレプレナーシップ研究会, Sep. 2024, Japanese

  Oral presentation


• An empirical analysis of green loan usage: Evidence from a government-affiliated loan scheme in Japan

  Hirofumi Uchida

  The Sixth International Conference on Corporate Finance: Corporate Purpose and Sustainability (hosted by Darla Moore School of Business, University of South Calorina and Hitotsubashi Univerity), Aug. 2023, English

  [Invited]

  Invited oral presentation


• シンポジウム２『事業担保制度の創設をめぐって』コメント

  内田浩史

  法と経済学会2022年全国大会, Nov. 2022, Japanese

  [Invited]

  Nominated symposium


• 政府系金融機関によるグリーンローンに関する実証研究ーグリーン・ファイナンスに関する学術的整理と実証研究の結果ー特別セッション「脱炭素経済に向けての金融面の役割」招待報告

  内田浩史

  日本金融学会2021年度春季大会2021年5月（オンライン）, May 2021

  [Invited]


• 「Banking 研究における内生性問題とその対処」：特別レクチャー『コーポレートファイナンス・バンキング分野での内生性問題にどう対応していくか？』

  日本ファイナンス学会第１回秋季研究大会(大阪大学), Nov. 2019

  [Invited]


• Current status of startup finance in Japan

  UCHIDA Hirofumi

  The 6th Asian SME Conference (Asia Council for Small Business), Sep. 2018, English, Iino Hall, Tokyo, International conference

  [Invited]

  Invited oral presentation


• Current status of startup finance in Japan

  UCHIDA Hirofumi

  Japan Program Seminar, Feb. 2018, English, Asia Pacific Research Center, Stanford University, International conference

  Oral presentation


• Natural Disaster and Natural Selection

  UCHIDA Hirofumi

  Stanford Juku on Japanese Political Economy 2016., Oct. 2016, English, Stanford University, International conference

  Oral presentation


• Same Information, Different Valuation: New Evidence on the Value of Voluntary Assurance

  TAKADA Tomomi, Takayoshi Nakaoka, Hirofumi Uchida

  American Association Annual Meeting, Aug. 2016, English, Hilton New York, International conference

  Poster presentation


• Same Information, Different Valuation: New Evidence on the Value of Voluntary Assurance

  TAKADA Tomomi, Takayoshi Nakaoka, Hirofumi Uchida

  International Symposium on Audit Research, Jun. 2016, English, Shangri -La: Rasa Sentosa Resort & Spa, International conference

  Poster presentation


• Same Information, Different Valuation: New Evidence on the Value of Voluntary Assurance

  UCHIDA Hirofumi

  The 5th MoFiR Workshop on Banking, Jun. 2016, English, DePaul University, International conference

  Poster presentation


• 東日本大震災と企業行動・企業金融

  UCHIDA Hirofumi

  日本金融学会, Oct. 2015, Japanese, 東北大学, Domestic conference

  [Invited]

  Invited oral presentation


• Lending Pro-Cyclicality and Macro-Prudential Policy: Evidence from Japanese LTV Ratios

  UCHIDA Hirofumi

  American Finance Association, Jan. 2015, English, Boston, International conference

  Others


• Collateral Value and Financial Constraint: Analysis Using Corporate Data after the Tohoku Earthquake

  UCHIDA Hirofumi

  Hitotsubashi-RIETI International Workshop on Real Estate Market and the Macro Economy, Dec. 2014, English, 経済産業研究所, International conference

  Others


• Lending Pro-Cyclicality and Macro-Prudential Policy: Evidence from Japanese LTV Ratios

  UCHIDA Hirofumi

  The 3rd MoFiR Workshop on Banking, Jun. 2014, English, Department of Economics and Social Sciences, Università Politecnica delle Marche, Ancona, International conference

  Others


• Lending Pro-Cyclicality and Macro-Prudential Policy: Evidence from Japanese LTV Ratios

  UCHIDA Hirofumi, Gregory Udell, 小野有人

  The 50th Annual Conference on Bank Structure and Competition of the Federal Reserve Bank of Chicago, May 2014, English, JW Marriott Hotel, Chicago, International conference

  Others


• Natural Disaster and Natural Selection (with D. Miyakawa, K. Hosono, A. Ono, T. Uchino and I. Uesugi)

  UCHIDA Hirofumi

  International Workshop on “Economic Recovery from the Great East-Japan Earthquake”, Mar. 2014, English, Center for Global Partnership (the Japan Foundation) and GEM project in Gakushuin University, 経済産業研究所, International conference

  [Invited]

  Invited oral presentation


• A Close Look at Loan-To-Value Ratios in Japan:Evidence from Real Estate Registries (with A. Ono, G. Udell, and I. Uesugi)

  UCHIDA Hirofumi

  Financial Management Association(European Conference), Jun. 2013, English, Neumunster Abbey, International conference

  Oral presentation


• Natural Disaster and Natural Selection (with D. Miyakawa, K. Hosono, A. Ono, T. Uchino and I. Uesugi)

  UCHIDA Hirofumi

  International Workshop on “Economic Impact of the Great East-Japan Earthquake, Mar. 2013, English, the Japan Foundation and Empirical Research on Intangible Investment in Japan (Gakushuin University), Gakushuin University, International conference

  [Invited]

  Invited oral presentation


• A Close Look at Loan-to-Ratio in Japan : Micro Evidence from Real Estate Registries (with A. Ono, G. Udell, and I. Uesugi)

  UCHIDA Hirofumi

  HIT-TDB-RIETI International Workshop on the Economics of Interfirm Networks, Nov. 2012, English, 経済産業研究所, International conference

  Oral presentation


• Authority and Soft Information within a Bank Organization (with M. Hattori and K. Sintani)

  UCHIDA Hirofumi

  DNB-EBC-JMCB-KU conference on "Post-Crisis Banking, Jun. 2012, English, de Nederlandsche Bank, European Central Bank. Journal of Money, Credit, and Banking, and Kentucky University, de Nederlandsche Bank, International conference

  Oral presentation


• Authority and Soft Information Production within Banking Organization(with M. Hattori and k. Shintani)

  UCHIDA Hirofumi, 服部正純, 新谷幸平

  学習院大学経済学部無形資産、生産性と日本経済コンファレンス, Feb. 2012, Japanese, 学習院大学, Domestic conference

  [Invited]

  Invited oral presentation


• 経済学的視点から見た二重ローン問題

  UCHIDA Hirofumi

  日本金融学会, Sep. 2011, Japanese, 近畿大学, Domestic conference

  [Invited]

  Invited oral presentation


• 日本における企業間関係と企業間信用の現状：TDBデータベースの概観

  UCHIDA Hirofumi

  一橋大学産業・金融ネットワーク研究センター・RIETI『産業・金融ネットワークプロジェクトワークショップ』, Feb. 2011, Japanese, 経済産業研究所, Domestic conference

  [Invited]

  Invited oral presentation


• 企業間信用の実態と機能-コーポレートファイナンスの視点から

  UCHIDA Hirofumi

  日本ファイナンス学会研究観望会(第18回), Oct. 2010, Japanese, (社)金融財政事情研究会, (社)金融財政事情研究会, Domestic conference

  Oral presentation


• Repayment Enforcement versus Information Advantages across Different Maturities: Empirical Determinants of Trade Credit Use (with I. Uesugi)

  UCHIDA Hirofumi

  The 25th Meeting of the European Economic Association, Aug. 2010, English, European Economic Association, Glasgow University, International conference

  Oral presentation


• Repayment Enforcement versus Information Advantages across Different Maturities: Empirical Determinants of Trade Credit Use

  UCHIDA Hirofumi

  The 25th Meeting of the European Economic Association, Aug. 2010, English, European Economic Association, Glasgow University, International conference

  Oral presentation


• You Buy and Borrow and They Sell and Lend: Analysis of Trade Credit with Matched Data (with I. Uesugi)

  UCHIDA Hirofumi

  The 22nd Annual Australasian Finance and Banking Conference, Dec. 2009, English, UNSW Australian School of Business, Shangri-La Hotel in Sydney, International conference

  Oral presentation


• You Buy and Borrow and They Sell and Lend: Analysis of Trade Credit with Matched Data

  UCHIDA Hirofumi

  The 22nd Annual Australasian Finance and Banking Conference, Dec. 2009, English, UNSW Australian School of Business, Shangri-La Hotel in Sydney, International conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending (with Y. Ogura)

  UCHIDA Hirofumi

  日本経済学会, May 2008, English, 東北大学, Domestic conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending

  UCHIDA Hirofumi

  日本経済学会, May 2008, English, 東北大学, Domestic conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending (with Y. Ogura)

  日本経済学会（東北大学）, 2008


• Bank Consolidation and Soft Information Acquisition in Small Business Lending

  UCHIDA HIROFUMI, Y. Ogura

  日本経済学会（東北大学）, 2008, Japanese, Domestic conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending (with Y. Ogura)).

  Japanese Economic Association, at Tohoku University, 2008


• Bank Consolidation and Soft Information Acquisition in Small Business Lending (with Y. Ogura)

  UCHIDA Hirofumi

  日本金融学会, Sep. 2007, English, 同志社大学, Domestic conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending

  UCHIDA Hirofumi

  日本金融学会, Sep. 2007, English, 同志社大学, Domestic conference

  Oral presentation


• Are Trade Creditors Relationship Lenders? (with G. Udell and W. Watanabe)

  UCHIDA Hirofumi

  Financial Management Association (European Conference), May 2007, English, Financial Management Association, IESE Business School, International conference

  Oral presentation


• Are Trade Creditors Relationship Lenders?

  UCHIDA Hirofumi

  Financial Management Association (European Conference), May 2007, English, Financial Management Association, IESE Business School, International conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending (with Y. Ogura)

  日本金融学会（同志社大学）, 2007


• Bank Consolidation and Soft Information Acquisition in Small Business Lending

  UCHIDA HIROFUMI, Y. Ogura

  日本金融学会（同志社大学）, 2007, Japanese, Domestic conference

  Oral presentation


• Are Trade Creditors Relationship Lenders? (with G.F. Udell, and W. Watanabe)

  Financial Management Association European Conference(IESE Business School, Barcelona), 2007


• Are Trade Creditors Relationship Lenders?

  UCHIDA HIROFUMI, G.F. Udell, W. Watanabe

  Financial Management Association European Conference(IESE Business School, Barcelona), 2007, English, International conference

  Oral presentation


• Bank Consolidation and Soft Information Acquisition in Small Business Lending (with Y. Ogura)

  Japan Society of Monetary Economics at Doshisha University, 2007


• Are Trade Creditors Relationship Lenders? (with G.F. Udell and W. Watanabe)

  Financial Management Association European Conference at IESE Business School Barcelona, 2007


• Bank Size and Lending Relationships in Japan (with G. Udell and W. Watanabe)

  UCHIDA Hirofumi

  NBER-CEPR-TCER 20th Annual TRIO Conference, Dec. 2006, English, NBER, CEPR, TCER, 一橋大学, International conference

  Oral presentation


• Bank Size and Lending Relationships in Japan

  UCHIDA Hirofumi

  NBER-CEPR-TCER 20th Annual TRIO Conference, Dec. 2006, English, NBER, CEPR, TCER, 一橋大学, International conference

  Oral presentation


• Loan Officers and Relationship Lending (with G. Udell and N. Yamori)

  UCHIDA Hirofumi

  日本経済学会, Oct. 2006, English, 大阪市立大学, Domestic conference

  Oral presentation


• Loan Officers and Relationship Lending

  UCHIDA Hirofumi

  日本経済学会, Oct. 2006, English, 大阪市立大学, Domestic conference

  Oral presentation


• SME Financing and the Choice of Lending Technology (with G. Udell and N. Yamori)

  UCHIDA Hirofumi

  日本金融学会, Sep. 2006, Chinese, 小樽商科大学）, Domestic conference

  Oral presentation


• SME Financing and the Choice of Lending Technology

  UCHIDA Hirofumi

  日本金融学会, Sep. 2006, Chinese, 小樽商科大学), Domestic conference

  Oral presentation


• Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships (with M. Kano, G. Udell and W. Watanabe)

  UCHIDA Hirofumi

  日本経済学会, Jun. 2006, English, 福島大学, Domestic conference

  Oral presentation


• Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships

  UCHIDA Hirofumi

  日本経済学会, Jun. 2006, English, 福島大学, Domestic conference

  Oral presentation


• Factors that Influence the Relationship between Banks and SMEs (銀行と中小企業のリレーションシップに影響を与える諸要因)

  UCHIDA Hirofumi

  RIETI Policy Symposium "Japan's Financial System: Revisiting the Relationship between Corporations and Financial Institutions"(RIETI政策シンポジウム『日本の金融~企業と金融機関の関係を問い直す』), Feb. 2006, English, RIETI, 新生銀行ホール, International conference

  [Invited]

  Invited oral presentation


• 銀行と中小企業のリレーションシップに影響を与える諸要因 (Factors that Influence the Relationship between Banks and SMEs)

  UCHIDA HIROFUMI, G.F. Udell

  RIETI政策シンポジウム『日本の金融～企業と金融機関の関係を問い直す』(RIETI Policy Symposium "Japan's Financial System: Revisiting the Relationship between Corporations and Financial Institutions")（新生銀行ホール（東京））, 2006, Japanese, International conference

  Invited oral presentation


• 「銀行と中小企業のリレーションシップに影響を与える諸要因」 (Factors that Influence the Relationship between Banks and SMEs) (G.F. Udellとの共同報告)

  RIETI政策シンポジウム『日本の金融～企業と金融機関の関係を問い直す』(RIETI Policy Symposium "Japan's Financial System: Revisiting the Relationship between Corporations and Financial Institutions")（新生銀行ホール（東京））, 2006


• SME Financing and the Choice of Lending Technology (with G.F. Udell and N. Yamori)

  日本金融学会（小樽商科大学）, 2006


• SME Financing and the Choice of Lending Technology

  UCHIDA HIROFUMI, G.F. Udell, N. Yamori

  日本金融学会（小樽商科大学）, 2006, Japanese, Domestic conference

  Oral presentation


• Loan Officers and Relationship Lending (with G.F. Udell and N. Yamori)

  日本経済学会（大阪市立大学）, 2006


• Loan Officers and Relationship Lending

  UCHIDA HIROFUMI, G.F. Udell, N. Yamori

  日本経済学会（大阪市立大学）, 2006, Japanese, Domestic conference

  Oral presentation


• Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships (with M. Kano, G.F. Udell, and W. Watanabe)

  日本経済学会（福島大学）, 2006


• Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships

  UCHIDA HIROFUMI, M. Kano, G.F. Udell, W. Watanabe

  日本経済学会（福島大学）, 2006, Japanese, Domestic conference

  Oral presentation


• Bank Size and Lending Relationships in Japan (with G.F. Udell and W. Watanabe)

  NBER-CEPR-TCER 20th Annual TRIO Conference (一橋大学), 2006


• Bank Size and Lending Relationships in Japan

  UCHIDA HIROFUMI, G.F. Udell, W. Watanabe

  NBER-CEPR-TCER 20th Annual TRIO Conference (一橋大学), 2006, English, International conference

  Oral presentation


• Bank Size and Lending Relationships in Japan (with G.F. Udell and W. Watanabe)

  NBER-CEPR-TCER 20th Annual TRIO Conference at Hitotsubashi University, 2006


• Loan Officers and Relationship Lending (with G.F. Udell and N. Yamori)

  Japanese Economic Association at Osaka City University, 2006


• SME Financing and the Choice of Lending Technology (with G.F. Udell and N. Yamori)

  Japan Society of Monetary Economics at Otaru University of Commerce, 2006


• Information VerifiabilityBank OrganizationBank Competition and Bank-Borrower Relationships

  Japanese Economic AssociationJune at Fukushima University, 2006


• Factors that Influence the Relationship between Banks and SMEs (joint presentation with G. Udell)

  RIETI Policy Symposium "Japan's Financial System: Revisiting the Relationship between Corporations and Financial Institutions, 2006


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data (with R. Nakagawa)

  UCHIDA Hirofumi

  Econometric Society (Far Eastern Meeting), Jul. 2004, English, Econometric Society, Yonsei University (ソウル), International conference

  Oral presentation


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data (with R. Nakagawa)

  UCHIDA Hirofumi

  Econometric Society (Australasian Meeting), Jul. 2004, English, Econometric Society, Sheraton Towers Hotel Melbourne, International conference

  Oral presentation


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data

  UCHIDA Hirofumi

  Econometric Society (Far Eastern Meeting), Jul. 2004, English, Econometric Society, Yonsei University (ソウル), International conference

  Oral presentation


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data

  UCHIDA Hirofumi

  Econometric Society (Australasian Meeting), Jul. 2004, English, Econometric Society, Sheraton Towers Hotel Melbourne, International conference

  Oral presentation


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data (with R. Nakagawa)

  Econometric Society Australasian Meeting (Sheraton Towers Hotel Melbourne), 2004


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data (with R. Nakagawa)

  Econometric Society Far Eastern Meeting(Yonsei University), 2004


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data

  UCHIDA HIROFUMI, R. Nakagawa

  Econometric Society Far Eastern Meeting(Yonsei University), 2004, English, International conference

  Oral presentation


• Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data

  UCHIDA HIROFUMI, R. Nakagawa

  Econometric Society Australasian Meeting (Sheraton Towers Hotel Melbourne), 2004, English, International conference

  Oral presentation


• Econometric Society Austrasian Meeting at Sheraton Towers Hotel (Melbourne)

  Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data (with R. Nakagawa), 2004


• Econometric Society Far Eastern Meeting at Yonsei University (Seoul)

  Herd Behavior in the Japanese Loan Market: Evidence from Bank Panel Data (with R. Nakagawa), 2004


• Has Competition in the Japanese Banking Sector Improved? (with Y. Tsutsui)

  UCHIDA Hirofumi

  日本経済学会, Oct. 2002, English, 広島大学, Domestic conference

  Oral presentation


• Has Competition in the Japanese Banking Sector Improved?

  UCHIDA Hirofumi

  日本経済学会, Oct. 2002, English, 広島大学, Domestic conference

  Oral presentation


• Has Competition in the Japanese Banking Sector Improved? (with Y. Tsutsui)

  日本経済学会（広島大学）, 2002


• Has Competition in the Japanese Banking Sector Improved?

  UCHIDA HIROFUMI, Y. Tsutsui

  日本経済学会（広島大学）, 2002, Japanese, Domestic conference

  Oral presentation


• Japanese Economic Associationat Hiroshima University

  Has Competition in the Japanese Banking Sector Improved? (with Y. Tsutsui), 2002


• Compensating Deposit and a Role of Bank

  UCHIDA Hirofumi

  日本経済学会, Sep. 2000, English, 大阪府立大学, Domestic conference

  Oral presentation


• Compensating Deposit and a Role of Bank

  日本経済学会（大阪府立大学）, 2000


• Compensating Deposit and a Role of Bank

  Japanese Economic Associationat Osaka Prefecture University, 2000


• Interim Monitoring in Bank Loans and Publicly Traded Debt

  UCHIDA Hirofumi

  日本経済学会, Sep. 1998, English, 立命館大学, Domestic conference

  Oral presentation


• Optimal Contracts for Central Banker and Public Debt Policy (with H. Fujiki and H. Osano)

  UCHIDA Hirofumi

  日本経済学会, Jun. 1998, English, 青山学院大学, Domestic conference

  Oral presentation


• Optimal Contracts for Central Banker and Public Debt Policy

  UCHIDA Hirofumi

  日本経済学会, Jun. 1998, English, 青山学院大学, Domestic conference

  Oral presentation


• Optimal Contracts for Central Banker

  UCHIDA HIROFUMI

  日本経済学会（青山学院大学）, 1998, Japanese, Domestic conference

  Oral presentation


• Interim Monitoring in Bank Loans and Publicly Traded Debt

  日本経済学会（立命館大学）, 1998


• Interim Monitoring in Bank Loans and Publicly Traded Debt

  Japanese Economic Associationat Ritsumeikan University, 1998


• Optimal Contracts for Central Banker and Public Debt Policy (with H. Fujiki and H. Osano)

  Japanese Economic Association Spring Meeting at Aoyama Gakuin University, 1998


• Common Agency and Loan Diversification: "De facto" and "formal" syndicated loan

  UCHIDA Hirofumi

  理論計量経済学会, Sep. 1996, English, 大阪大学, Domestic conference

  Oral presentation


• Common Agency and Loan Diversification: “De facto” and “formal” syndicated loan

  理論計量経済学会（大阪大学）, 1996


• Common Agency and Loan Diversification: “De facto” and “formal” syndicated loan

  Japan Association of Economics and Econometrics, at Osaka University, 1996

• The Japan Academic Society for M&A Research


• American Economic Association


• American Finance Association


• Association of Behavioral Economics and Finance


• Japan Society of Monetary Economics


• Nippon Finance Association


• Japanese Economic Association

• Future of Banking: Empirical Analysis of Present-Modern Comparison based on Banking Theory

  内田 浩史, 神吉 正三, 結城 武延, 藤木 裕, 播磨谷 浩三, 山田 和郎

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (B), Grant-in-Aid for Scientific Research (B), Kobe University, Apr. 2022 - Mar. 2027


• 平野プロジェクト2024：ユーザー中心の課題解決によるまちづくり・商店街活性化

  神戸大学地域連携推進本部, 令和６年度「地域連携事業（個人型）」, 神戸大学大学院経営学研究科, May 2024 - Mar. 2025, Principal investigator


• A historical investigation of financial intermediation in Japan: Unit cost of financial intermediation and bank liquidity creation

  小野 有人, 安田 行宏, 郡司 大志, 内田 浩史, 鎮目 雅人

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (B), Grant-in-Aid for Scientific Research (B), Chuo University, Apr. 2020 - Mar. 2024, Coinvestigator

  本研究の目的は二つある。第一は、日本の金融業所得、金融仲介サービス量に関する長期のデータベースを構築し、日本の金融仲介コスト、流動性創出指標(liquidity creation measure, 以下LCM)を計測して、日本の金融仲介機能の長期的な変化を定量的に明らかにすることである。第二は、金融仲介コスト、LCMの時系列変化、銀行間の差異に関する実証分析を行うことである。2020年度は、第一の目的に関して以下の実績があった。まず、研究補助者を採用し、1950年以降から現在までの日本の金融仲介コスト、LCMを計測するためのデータベースを構築した。このデータベースには、銀行、政府系金融機関、証券会社、保険会社等の様々な金融機関の損益計算書・貸借対照表、家計や企業等の金融サービスのユーザーの金融資産・金融負債額（ストック及びフロー）が含まれる。次に、このデータベースを用いて、日本の金融仲介コスト、LCMの計測方法と計測結果を詳述した日本語ワーキングペーパー（RIETI Discussion Paper 21-J-047, 21-J-048）をそれぞれ執筆した。さらに、研究成果を公開・情報発信するために、研究プロジェクトのホームページを作成した。この他、プロジェクトメンバー各自が金融仲介機能に関するさまざまな分析を行い、雑誌論文、図書、学会発表の形で公表した。


• Research on impact of social finance on regional development

  保田 隆明, 小林 立明, ADHIKARY B.K., 内田 浩史

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (C), Grant-in-Aid for Scientific Research (C), Kobe University, Apr. 2019 - Mar. 2022, Coinvestigator

  本研究は、地方創生をささえる企業、特に社会的企業（ソーシャルビジネス）の資金調達において、近年新たに登場してきた様々な資金調達手段の有効活用法の提示と、それら資金調達手段の実態と課題をデータ分析と事例分析から明らかにすることで、地方創生のエコシステム構築に関して含意を得ることが目的である。具体的には、クラウドファンディング、地域通貨、ソーシャルインパクトボンド、ふるさと納税の各手法における最適な使用局面と地域への効果を検証する。 今年度は、地域通貨については、飛騨高山地方で展開されているさるぼぼコインについて、同通貨の運営母体である飛騨信用組合より個人情報が特定されない形での利用者データの学術使用目的でのデータ提供を受け、利用者および加盟店での利活用の実態調査を行った。それにより、利用者の利用時期に偏りがあること、また、利用者の属性では高齢者層にも浸透していることが判明し、電子地域通貨のアプリを小売店などがプロモーション活動に応用する可能性や、高齢者もメリットを認められればスマートフォンを利用したツールの活用に積極的になることが分かった。今後は、この地域通貨の地域内資金循環への貢献について引き続き研究していく。 クラウドファンディングについては、社会課題解決目的としてのシビッククラウドファンディングが欧米で実施されており、それの類似手法として日本におけるふるさと納税を活用した目的型クラウドファンディングについての比較検証を行った。日本でのデータを検証すると、地域での災害支援と起業家支援活動に用いられていることが判明したため、これによる地域活性化の可能性を示唆し、今後は具体的に数値的な効果検証を行っていく。


• 環境エネルギー貸出利用の決定要因と効果

  野村マネジメント・スクール, 2020年度学術研究支援（研究助成）, 2020 - 2022, Principal investigator


• 地方創生を支える創業ファイナンスに関する研究

  内田 浩史

  科学研究費補助金／基盤研究(A), Apr. 2016 - Mar. 2021, Principal investigator

  Competitive research funding


• Real Estate Market, Financial Crisis, and Economic Dynamics: An integrated approach from economics

  UESUGI IICHIRO, ONO Arito, NISHIMURA Kiyohiko, HIRANO Tomohiro, HOSONO Kaoru, HORI Masahiro, MIZUNO Takayuki, MIYAKAWA Daisuke, YOSHIDA Jiro, OHNISHI Takaaki

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (S), Grant-in-Aid for Scientific Research (S), Hitotsubashi University, May 2013 - Mar. 2018, Coinvestigator

  We started from examining the pricing mechanism of the real estate market. Then we studied theoretical models on the impact of asset price bubbles on economic growth to empirically test several predictions. We also employed exogenous shocks from the real estate market to examine their impact on households and firms. As a result of these studies, we have obtained the following findings: (1) substantial differences exist between Japan, the US, and China in the way real estate prices evolve during the boom and the bust period; (2) in Japan, reallocation of tangible assets and funds was efficiency-enhancing during the bubble period, while it turned to efficiency-reducing after the bubble; and (3) shocks from the real estate market have more sizable impact on the firm sector than on the household sector in Japan. Further, we have constructed databases useful to researchers and policy makers who are interested in the real estate market and its interactions with economic activities.


• Abe Fellowship

  Abe Fellowship, 2016 (Grant year: 2017-2018)., 2017 - 2018


• 日本の企業ファイナンスに関する実態分析：企業の環境変化と金融機関のあり方

  内田 浩史

  科学研究費補助金／基盤研究(B), Apr. 2012 - Mar. 2016, Principal investigator

  Competitive research funding


• 二国間交流「第４回MoFiRバンキング・ワークショップ」

  内田 浩史

  日本学術振興会, 二国間交流事業（イタリアとのセミナー）, 2015, Principal investigator

  Competitive research funding


• Market-based Indirect Finance and Marketization of Financial Risks: An Integrated Approach to banking, insurance, and corporate finance

  FUJIWARA Kenya, TAKAO Atsuchi, ISAGAWA Nobuyuki, UCHIDA Hirofumi, HATAKEDA Takashi, YAMASAKI Hisashi

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (B), Grant-in-Aid for Scientific Research (B), Kobe University, 2010 - Mar. 2014, Coinvestigator

  According to the rapid progress of globalization and population aging in Japan, it is required to manage the capital more efficiently. So-called market-oriented indirect financing has been found to be more effective than traditional financing, such as indirect financing through commercial banks and direct financing via the stock market, in producing the optimal allocation of risks among multiple economic agents, and helping decompose and standardize those risks. This study theoretically and empirically examines the methods and events of market-oriented indirect financing, such as through syndicated loans, real estate reit, weather derivatives, bankruptcy events, buybacks, and catastrophes, in order to evaluate how best to marketize risks, assess the efficiency of risk pricing, determine the boundary between intermediaries and markets, and measure the effect of market-oriented indirect financing on the operating characteristics of the financial system and the real economy as a whole.

  Competitive research funding


• 貸金業者と銀行の審査方法に関する比較分析

  公益財団法人 日本法制学会, 財政・金融・金融法制研究基金 研究助成金, 2013 - 2014, Principal investigator


• 企業間信用と銀行借入の代替性・補完性： ミクロ的基礎付けに基づく実証分析"

  日本経済研究センター, 日本経済研究センター研究奨励金, 2011 - 2012, Principal investigator


• 教育学・心理学・社会学的視点を導入した、教育の経済学への新しいアプローチ

  内田 浩史

  学術研究助成基金助成金／挑戦的萌芽研究, 2011, Principal investigator

  Competitive research funding


• 全国銀行学術研究振興財団 学術研究助成

  2009


• 日本の企業ファイナンスに関する実態分析：リレーションシップ型金融の意義と限界

  内田 浩史

  科学研究費補助金／基盤研究(B), 2009, Principal investigator

  Competitive research funding


• 金融政策の企業間信用経路とそのミクロ的基礎

  内田 浩史

  科学研究費補助金／挑戦的萌芽研究, 2009, Principal investigator

  Competitive research funding


• 村田学術振興財団 研究助成

  村田学術振興財団, 村田学術振興財団 研究助成, 2007 - 2008


• 大阪銀行協会 大銀協フォーラム研究助成 (共同研究) 2007年

  大阪銀行協会, 大阪銀行協会 大銀協フォーラム研究助成, 2007 - 2007


• 市場規律アプローチに基づく銀行規制に関する分析

  内田 浩史

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Young Scientists (B), Grant-in-Aid for Young Scientists (B), Wakayama University, 2004 - 2006, Principal investigator

  本年度は昨年度取りまとめた2つの論文(筒井・佐竹・内田(2005,2006))の分析を精緻化し、学術雑誌への投稿を行う作業を行った。同論文では銀行の組織的非効率性と規模の不経済性の推定式と、それらが銀行規模に与える影響を調べる推定式とを別々に(逐次的に)推定していたが、この方法は計量経済学的に十分なものとはいえないことが分かった。そこで、本年度においては同時推定の方法を検討した。その結果、同時推定のためには複雑な尤度関数を考え、また非効率性の推定方法についてもこれまでのものと代替的なアプローチを採用することが望ましい可能性もあることが分かった。こうした検討作業はかなりの時間を要するものであったが、推定式および推定方法についてはほぼ検討を終了し、現在推定作業を行っているところである。今後はなるべく早く結果を確定し、投稿を行いたい。 また、銀行の流動性創出機能に関する日米比較についても引き続き研究を行っているが、同研究の元となった米国の研究(Berger and Bouwman(2005,mimeo.))において流動性指標の計算に多少問題があることが分かり、本研究で行う日米比較においてもこの問題を解決する必要があることが分かった。この作業をなるべく早期に終え、論文を完成させて学術雑誌への投稿を行いたい。


• THEORETICAL AND EMPIRICAL STUDIES ON INTERNATIONAL FINANCIAL MARKETS AND FINANCIAL REGULATION

  MAGHREBI Nabil, UCHIDA Hirofumi

  Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (C), Grant-in-Aid for Scientific Research (C), WAKAYAMA UNIVERSITY, 2003 - 2005, Coinvestigator

  The results achieved during this research program derive from four interrelated projects, which examine important issues related to the realignment towards interest rate parity, the herding behavior in the banking sector, and stock market volatility in its relationship with foreign exchange fluctuations and with implied volatility from options markets. The aggregate results shed light on international financial markets and institutions. From the perspective of economic integration, there is evidence of nonlinearities in the behavior of Asian real interest differentials in the sense that large shocks to real interest parity are more likely to lead to faster readjustments than smaller shocks (Holmes and Maghrebi, IREF, 2004). The results also provide evidence of asymmetric monetary-policy, which suggests that for many countries, linkages with respect to the U.S. are likely to be less prevalent in a regime of rising nominal interest rates and falling inflation (Holmes and Maghrebi, JIFMIM, forthcoming). Based on a new approach for assessing the degree of economic and financial integration between G7 countries, there is also evidence of stronger integration between the US and Canada and much weaker integration with Japan. There is no clear evidence of structural breakdown in conditional correlation associated with significant events such as the ERM crisis or the introduction of the Euro (Holmes and Maghrebi, EREF, 2005). From the perspective of behavioral finance, the results suggest the existence of herding behavior in the Japanese loan market with evidence of causality from city banks to regional banks, from long-term credit banks and trust banks to city banks. The evidence from a panel data of Japanese banks suggests the existence of a cyclical pattern of herding. The signs of irrational herding observed only in association with the financial bubble, suggest that the irrational bank behavior was contributive to the bad loan problems in the late 1980s (Nakagawa and Uchida, WP 2003 & Uchida and Nakagawa, WP 2005). As far as the relationship between financial markets is concerned, there is new evidence from dynamic covariance modelling that market volatility tends to be ceteris paribus, more responsive to bad news about equity than good news and to currency depreciation than appreciations. The results indicate that appreciations are conducive to lower volatility in currency markets than depreciation. Also, the association of bad news with currency depreciation is likely to increase the level of volatility in currency markets and affect the extent of leverage effects in equity markets. These empirical results may partly explain the aversion of Asian countries toward beggar-thy-neighbor policies of exchange rate (Maghrebi, Holmes and Pentecost RPBFMP, forthcoming). Finally, another, achievement of this research program is the development of a new benchmark of expected volatility in the Japanese stock market in order to aggregate anticipation of future volatility across options prices. The Nikkei 225 implied volatility is not available in financial databases and it is constructed following the methodology underlying the new VIX index disseminated by Chicago Board of Options Exchange. There is evidence that despite its upward bias, implied volatility is more reflective of changes in realized volatility than alternative GARCH models, which account for volatility persistence and the asymmetric impact of news. Given the higher out-of sample performance of implied volatility the evidence lend support to the rationale behind drawing inference about future stock market volatility from option prices and to the usefulness of the new implied volatility index (Nishina, Maghrebi and Kim, DP 2006).


• Fulbright Scholar

  Fulbright Grant (visiting scholar program) 2002, (Grant year: 2003-2004 )., 2003 - 2004


• 平成15年度稲盛財団研究助成

  2003


• 「資産運用リスクと公的規制」(共同研究)

  近畿郵政局貯金部, 特別委託研究, 2001, Coinvestigator


• 「金融機関の機能と郵便貯金」

  近畿郵政局貯金部, 郵便貯金に関する個別特別委託研究, 2000, Principal investigator


• 全国銀行学術研究振興財団 学術研究助成

  1999


• 全国銀行学術研究振興財団, 学術研究助成, 1999, Principal investigator


• 大阪銀行協会, 大銀協フォーラム研究助成, 1998, Principal investigator


• 「金融経済理論の調査研究」

  郵政省貯金局, 委託研究, 1998, Coinvestigator


• 電気通信普及財団, 平成11年度研究調査助成, 1996, Coinvestigator