Kimura, Fukunari

写真a

Affiliation

Faculty of Economics (Mita)

Position

Professor

Career 【 Display / hide

  • 1982.04
    -
    1986.05

    Researcher, International Development Center of Japan

  • 1991.09
    -
    1994.05

    Assistant Professor, Department of Economics, State University of New York at Albany

  • 1994.04
    -
    2000.03

    大学助教授(経済学部)

  • 1995.07
    -
    Present

    大学産業研究所兼担所員

  • 1995.10
    -
    1997.09

    大学国際センター学習指導主任

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Academic Background 【 Display / hide

  • 1982.03

    The University of Tokyo, Faculty of Laws, Political Science Course

    University, Graduated

  • 1990.05

    University of Wisconsin-Madison, Graduate School, Division of Economics, Economics

    United States, Graduate School, Completed, Master's course

  • 1991.08

    University of Wisconsin-Madison, Graduate School, Division of Economics, Economics

    United States, Graduate School, Completed, Doctoral course

Academic Degrees 【 Display / hide

  • MS (economics), University of Wisconsin-Madison, Coursework, 1990.05

  • Ph.D. (economics), University of Wisconsin-Madison, Coursework, 1991.08

 

Research Areas 【 Display / hide

  • Humanities & Social Sciences / Economic policy (International Trade)

 

Books 【 Display / hide

  • Potential Green Hydrogen from Curtailed Electricity in ASEAN: The Scenarios and Policy Implications

    Phoumin H., Kimura F., Arima J., Economics, Law, and Institutions in Asia Pacific, 2021

     View Summary

    The power generation mix of the Association of Southeast Asian Nations (ASEAN) is dominated by fossil fuels, which accounted for almost 80% in 2017 and are expected to account for 82% in 2050 if the region does not transition to cleaner energy systems. Solar and wind power is the most abundant energy resource but contributes negligibly to the power mix. Scalable electricity production from wind and solar energy faces tremendous challenges due to system integration practices in ASEAN. Investors in solar or wind farms face high risks from electricity curtailment if surplus electricity is not used. Technologies for battery storage (lithium-ion batteries) have been developed to handle surplus electricity production from wind and solar energy but they remain costly. Hydrogen produced from electrolysis using surplus electricity, however, has numerous advantages that complement battery storage, as hydrogen can be stored as liquid gas, which is suitable for many uses and easy to transport. Employing the policy scenario analysis of the energy outlook modelling results, this paper examines the potential scalability of renewable hydrogen production from curtailed electricity in scenarios of high share of variable renewable energy in the power generation mix. The study intensively reviewed potential cost reduction of hydrogen production around the world and its implications for changing the energy landscape. The study found many social and environmental benefits as hydrogen can help increase the share of renewables in decarbonising emissions in ASEAN.

  • ASEAN Energy Landscape and Emissions: The Modelling Scenarios and Policy Implications

    Phoumin H., Kimura F., Arima J., Economics, Law, and Institutions in Asia Pacific, 2021

     View Summary

    The Association of Southeast Asian Nations (ASEAN) faces tremendous challenges regarding the future energy landscape and how the energy transition will embrace a new architecture—including sound policies and technologies to ensure energy access together with affordability, energy security, and energy sustainability. Given the high share of fossil fuels in ASEAN’s current energy mix (oil, coal, and natural gas comprise almost 80%), the clean use of fossil fuels through the deployment of clean technologies is indispensable for decarbonising ASEAN’s emissions. The future energy landscape of ASEAN will rely on today’s actions, policies, and investments to change the fossil fuel-based energy system towards a cleaner energy system, but any decisions and energy policy measures to be rolled out during the energy transition need to be weighed against potentially higher energy costs, affordability issues, and energy security risks. This paper employs energy modelling scenarios to seek plausible policy options for ASEAN to achieve more emissions reductions as well as energy savings, and to assess the extent to which the composition of the energy mix will be changed under various energy policy scenarios. The results imply policy recommendations for accelerating the share of renewables, adopting clean technologies and the clean use of fossil fuels, and investing in climate-resilient energy quality infrastructure.

  • Developing the digital economy in ASEAN

    Chen L., Kimura F., Developing the Digital Economy in ASEAN, 2019.05

     View Summary

    This book advances the international debate on the development of e-commerce with focus on emerging ASEAN economies. It provides readers insights on Asia's needs and efforts to improve the regional legal and economic conditions to support e-commerce. This book looks at the rules and regulations on e-commerce, and e-commerce for inclusiveness growth. It provides insights from several ASEAN member states and discovers the requirements for Asian countries to better grasp the new juncture of growth associated with economic digitalization, which also have deep implications on continuous regional integration and community-building.

  • Unlocking the potentials of private financing for accelerated low-carbon energy transition: An overview

    Anbumozhi V., Kimura F., Kalirajan K., Financing for Low-carbon Energy Transition: Unlocking the Potential of Private Capital, 2018.06

     View Summary

    Emerging economies of Asia will need to see some US$200 billion in annual capital expenditure on low-carbon energy supply and in energy efficiency to meet the Nationally Determined Contributions (NDCs) targets under the Paris agreement framework. The scale of this investment required to decouple carbon emissions from economic growth, will inevitably have to rely largely on mobilizing private capital. This chapter provides an overview of available channels to mobilize private investment in low-carbon transition. It argues that the private capital that can be mobilized to support low-carbon transition, is very much depend on the risk return profile of the investment and the regulatory environment in which these investors operate. If the governments wish to mobilize capital from the markets, they need to simultaneously understand not only the barriers to the investment but also effective channels through which such capital can flow. This chapter also presents an analytical framework that can characterize the risks to private investments and highlights the role of transaction enablers that governments can use to mobilize institutionally held capital in support of low-carbon energy transition.

  • Financing for low-carbon energy transition: Unlocking the potential of private capital

    Anbumozhi V., Kimura F., Kalirajan K., Financing for Low-carbon Energy Transition: Unlocking the Potential of Private Capital, 2018.06

     View Summary

    This book is the first comprehensive assessment of the state of low-carbon investments in Asia, analyzing the rationales, mandates and public-private financing activities. Based on the experiences of several regional initiatives wherein public financing is catalyzing private investments in low-carbon infrastructure, this book proposes a framework that can be used as a tool to identify factors that influence private investment decisions and policy instruments that can scale up the private capital. Placing the Asian economies onto a low-carbon development pathway requires an unprecedented shift in investments. This book addresses this situation by asking questions such as: • What is the central role of private finance in achieving the Paris Agreement targets? • What key policy levers and risk mitigation can governments use in an effort to unlock the potentials of private capital? • How can regionally coordinated actions hold significant promise for scaling up private investments?

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Papers 【 Display / hide

  • International production networks are overcoming covid-19 shocks: Evidence from japan’s machinery trade

    Ando M., Kimura F., Obashi A.

    Asian Economic Papers (Asian Economic Papers)  20 ( 3 ) 40 - 72 2021.11

    ISSN  15353516

     View Summary

    This paper investigates the impacts of COVID-19 on international production networks in machinery sectors by shedding light on negative supply shocks, negative demand shocks, and positive demand shocks. Specifically, we examined changes in trade in the trade-fall periods amid COVID-19 in 2020 using Japan’s machinery trade at the most disaggregated level and decomposed them into two intensive margins (i.e., the quantity effect and the price effect) and two extensive margins (i.e., the entry effect and the exit effect). Our empirical results show that trade relationships for par ts and components were robust even amid COVID-19 and that international production networks in machinery sectors were almost intact. They also demonstrate that COVID-19 brought positive demand shocks for specific products with special demand due to its nature in addition to negative supply shocks and negative demand shocks, which par tially explains heterogeneous effects not only among sectors but also among products in the same sector. As of October 2020, Japan’s machinery trade seems to have mostly recovered.

  • New Developments in International Production Networks: Impact of Digital Technologies*

    Obashi A., Kimura F.

    Asian Economic Journal (Asian Economic Journal)  35 ( 2 ) 115 - 141 2021.06

    ISSN  13513958

     View Summary

    We conducted a standard gravity exercise using worldwide disaggregated trade data to shed light on the influence of digital technologies on network trade. We found that growing investment in industrial robots in relatively lagging economies, together with imported digitally deliverable services, is enhancing bilateral network trade flows in East Asia, but not necessarily in other parts of the world. This suggests that exploring complementarities between machines and human resources in production blocks supported by better service-link connectivity may allow newly developed economies to retain and expand the international division of labor.

  • Asean’s energy transition towards cleaner energy system: Energy modelling scenarios and policy implications

    Phoumin H., Kimura F., Arima J.

    Sustainability (Switzerland) (Sustainability (Switzerland))  13 ( 5 ) 1 - 29 2021.03

     View Summary

    The Association of Southeast Asian Nations (ASEAN) faces tremendous challenges regarding the future energy landscape and how the energy transition will embrace a new architecture— including sound policies and technologies to ensure energy access together with affordability, energy security, and energy sustainability. Given the high share of fossil fuels in ASEAN’s current energy mix (oil, coal, and natural gas comprise almost 80%), the clean use of fossil fuels through the deployment of clean technologies is indispensable for decarbonizing ASEAN’s emissions. The future energy landscape of ASEAN will rely on today’s actions, policies, and investments to change the fossil fuel-based energy system towards a cleaner energy system, but any decisions and energy policy measures to be rolled out during the energy transition need to be weighed against potentially higher energy costs, affordability issues, and energy security risks. This paper employs energy modelling scenarios to seek plausible policy options for ASEAN to achieve more emissions reductions as well as energy savings, and to assess the extent to which the composition of the energy mix will be changed under various energy policy scenarios. The results imply policy recommendations for accelerating the share of renewables, adopting clean technologies and the clean use of fossil fuels, and investing in climate-resilient energy quality infrastructure.

  • “RCEP from the middle powers’ Perspective”

    Kimura F.

    China Economic Journal (China Economic Journal)  14 ( 2 ) 162 - 170 2021

    ISSN  17538963

     View Summary

    East Asian countries signed the Regional Comprehensive Economic Partnership Agreement (RCEP) in November 2020. This paper demonstrates the importance of ASEAN centrality in East Asian economic integration and makes a preliminary assessment of the agreement in terms of the four expected roles: liberalization, rulemaking, reducing policy risks, and forming a pro-trade middle power coalition. The comparison with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) reveals the strengths and weaknesses of RCEP. The paper emphasizes the importance of dynamic aspects of mega-FTAs after being in effect and claims that RCEP must be further developed as an evolving agreement.

  • The Impact of COVID-19 and the USChina Confrontation on East Asian Production Networks

    Kimura F.

    Seoul Journal of Economics (Seoul Journal of Economics)  34 ( 1 ) 27 - 41 2021

    ISSN  12250279

     View Summary

    International production networks (IPNs) in East Asia are facing two challenges, i.e., COVID-19 and the US-China confrontation. COVID-19 has generated three kinds of shocks on IPNs: negative supply shocks, positive demand shocks, and negative demand shocks. IPNs have adequately managed these shocks thus far and have been strengthening the relative position of Factory Asia in the world. Nevertheless, the US-China confrontation and its consequences of weakening the rule-based trading regime have enhanced uncertainties in the operations of IPNs. The decoupling pressure may come from either the US or China for middle powers in-between, even with the US Biden Administration. This study posits that the construction of a mega-free trade agreement (FTA) network may partially reduce policy risks and help form a pro-trade middle-power coalition.

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Papers, etc., Registered in KOARA 【 Display / hide

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Reviews, Commentaries, etc. 【 Display / hide

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Presentations 【 Display / hide

  • How Far Can Regionalism Work for Production Networks in East Asia

    KIMURA FUKUNARI

    ADB Flagship Study “Institutions for Regionalism (IFR) Mid-term Review Workshop: Governance Issues and Regional Comparisons (Honolulu, the United States) , 

    2009.08

    Oral presentation (general)

  • Production Networks and de facto Integration in East Asia

    KIMURA FUKUNARI

    the KIET International Symposium (Seoul, Korea) , 

    2005.07

    Oral presentation (general), Korea Institute for Industrial Economics & Trade (KIET)posium

  • The Possibility and Prospects of Northeast Asian Integration

    KIMURA FUKUNARI

    the International Conference Commemorating the Opening of Incheon International Airport and the Northeast Asia Intellectuals’ Solidarity (NAIS) Movement (Incheon, Korea) , 

    2001.11

    Oral presentation (general)

Research Projects of Competitive Funds, etc. 【 Display / hide

  • Theoretical and Empirical Studies on the International Specialization in Japan and East Asia in the Era of Covid-19 and Beyond

    2022.04
    -
    2026.03

    MEXT,JSPS, Grant-in-Aid for Scientific Research, 基盤研究(A), Principal investigator

  • 日本と東アジア諸国における経済のグローバル化と国内労働市場

    2018.04
    -
    2022.03

    MEXT,JSPS, Grant-in-Aid for Scientific Research, Grant-in-Aid for Scientific Research (A) , Principal investigator

  • Determinants and its impact of deepening of international production network in East Asia in heterogeneous firm framework

    2014.04
    -
    2018.03

    MEXT,JSPS, Grant-in-Aid for Scientific Research, Grant-in-Aid for Scientific Research (B), Principal investigator

  • The Role of Multinational Enterprises in International Production/Distribution Networks

    2010
    -
    2014.03

    Grant-in-Aid for Scientific Research, Research grant, No Setting

 

Courses Taught 【 Display / hide

  • SEMINAR: INTERNATIONAL ECONOMICS

    2023

  • SEMINAR IN SPECIAL TOPICS B

    2023

  • SEMINAR IN SPECIAL TOPICS A

    2023

  • RESEARCH SEMINAR D

    2023

  • RESEARCH SEMINAR C

    2023

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