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Skip to Content Japanese English Chinese About RIETI Site Map Help Contact Discussion Papers Search Site Search Menu Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows According to Title Alphabetical order RIETI Alumni Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) Research Areas Fellows Research/Policy Papers Publications Events Data Articles Site Map Technical Issues Coontact Discussion Papers Search Close HomeFellowsAccording to Title OKUBO Toshihiro Print OKUBO Toshihiro Faculty Fellow Professor, Faculty of Economics, Keio University Activities at RIETI Expertise International trade, Globalization, Economic geography, Regional economy, Digitalization Research Projects Revitalization of the Japanese Non-metropolitan Economies (February 12, 2024 - July 31, 2026) Education Ph.D. (Economics, International Relations), Graduate Institute Geneva, University of Geneva Selected Publications and Papers “The Bright and Dark Sides of a Central Bank’s Financial Support to Local Banks after a Natural Disaster: Evidence from the Great Kanto Earthquake, 1923 Japan”, Journal of Money, Credit, and Banking, 2023 (with T. Okazaki, and E. Strobl). “'By a Silken Thread': regional banking integration and credit reallocation during Japan's Lost Decade”, Journal of International Economics, 137, 103579. 2022, (with M. Hoffmann). “Creative Destruction of Industries: Yokohama City in the Great Kanto Earthquake, 1923”, Journal of Economic History, 79(1) pp.1-31. 2019 (with T. Okazaki and E. Strobl). “Natural Disasters and Spatial Heterogeneity in Damages: The Birth, Life and Death of Manufacturing Plants”, Journal of Economic Geography, 19(2) pp.373-408. 2019 (with M.A. Cole, R.J. Elliott, and E. Strobl). “Why are firms that export cleaner? International trade, abatement and environmental emissions”, Journal of Environmental Economics and Management, 91, pp.166-183.2018 (with R. Forslid and K-H Ulltveit-Moe). “Market Size in Globalization”, Journal of International Economics, 111, 34-60. 2018 (with H. Kato). “Trade Liberalization, Transboundary Pollution, and Market Size” Journal of the Association of Environmental and Resource Economists, vol. 4 (3), Part 1, 927-957. 2017, (with R. Forslid, M. Sanctuary). “The Carbon Dioxide Emissions of Firms: A Spatial Analysis”, Journal of Environmental Economics and Management, 65(2), pp.290-309. 2013 (with M.A. Cole, R.J. Elliott and Y. Zhou). “On the Development Strategy of Countries of Intermediate Size-An Analysis of Heterogeneous Firms in a Multi-region Framework”, European Economic Review 56, pp.747-756. 2012 (with R. Forslid). “The Spatial Selection of Heterogeneous Firms”, Journal of International Economics 82(2), pp.230-237. 2010 (with P. Picard and J-F Thisse). “Heterogeneous Firms, Agglomeration and Economic Geography: Spatial Selection and Sorting”. Journal of Economic Geography, 6, pp.323-346. 2006. (with R.E. Baldwin). 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