Yasuyuki Todo

  • Current position:
    Professor, Graduate School of Economics, Faculty of Political Science and Economics, Waseda University
  • Positions/functions as policy advisor:
    Member of a policymaking committee under the Cabinet Office National Strategy Conference, Japan
  • Research interest:
    Development economics, international economics, Japanese economy, applied econometrics
  • Website:
  • Affiliations:
    Waseda University, Japan
  • Past positions:
    Department Head and Professor, University of Tokyo, 2012–2014
  • Qualifications:
    PhD Economics, Stanford University, 2000
  • Personal statement about IZA World of Labor:
    I am extremely honored to contribute to this project, which provides policymakers and academics with the latest evidence on various important issues in labor policy
  • Selected publications:
    • “The strength of long ties and the weakness of strong ties: Knowledge diffusion through supply chain networks.” Research Policy 45:9 (2016): 1890–1906 (with P. Matous and H. Inoue).
    • “How do supply chain networks affect the resilience of firms to natural disasters? Evidence from the great East Japan earthquake.” Journal of Regional Science 55:2 (2015): 209–229 (with K. Nakajima and P. Matous).
    • “Poverty reduction during the rural-urban transformation: The role of the missing middle.” World Development 63 (2014): 43–58.
    • “Quantitative evaluation of determinants of export and FDI: Firm-level evidence from Japan." The World Economy 34:3 (2011): 355–381.
    • “Overseas R&D activities and home productivity growth: Evidence from Japanese firm-level data.” Journal of Industrial Economics 56:4 (2008): 752–777 (with S. Shimizutani).
  • Articles

The effects of privatization on exports and jobs

Can the privatization of state-owned enterprises generate a virtuous cycle between exports and employment?

November 2016

10.15185/izawol.309 309

by Yasuyuki Todo Todo, Y

The privatization of state-owned enterprises (SOE) in transition economies has often been found to improve employment and productivity of privatized SOEs, despite policymakers’ fears regarding possible job cuts. This positive effect can be enhanced if privatization also promotes firms’ exports. A recent firm-level analysis of China reveals that privatization has indeed a positive effect on export propensity, employment, and productivity in both the short and long term. The effect mostly stems from changes in firms’ attitudes about profits and risks due to competitive pressure.