Aims and Scope

The Hitotsubashi Journal of Economics is published twice annually by Hitotsubashi University and is open to all researchers in the field of economics. Non faculty-members as well as faculty-members of the University are welcome to submit unpublished research articles for editorial consideration.

Authors submitting a manuscript do so on the understanding that if it is accepted for publication, the copyrights in the submitted work, such as the right of reproduction or public transmission, including the copyrights protected under any applicable law of any foreign countries, shall be assigned exclusively to Hitotsubashi University in accordance with Hitotsubashi Journal Copyright Policy ( ). When the author(s) reproduce or republish the work elsewhere, please notify Hitotsubashi Journal Editorial Office in advance. All those considering submissions should consult Instructions to Authors below.

All communications should be addressed to the Hitotsubashi Journal Editorial Office, Hitotsubashi University, Kunitachi, Tokyo 186-8601, Japan.


Hitotsubashi Journal of Economics is an open access journal. Table of contents for each issue and all the papers published in the journal are downloadable in pdf format for free of charge from HERMES-IR.

Web page of Hitotsubashi Journal of Economics in HERMES-IR




Hodaka Morita


Motohiro Sato    Toshitaka Sekine    Kensuke Teshima    Yohei Yamamoto

Associate Editors

Eiji Kurozumi   Yosuke Okada   Reo Takaku   Yuta Takahashi
Eiichi Tomiura   Takashi Ui   Naoki Wakamori   Naoki Yoshihara

Editorial Administrator

Ikuko Fujishiro