Assessments of ICT Policy Options: The Framework of Input–Output Table Linked with Intangible Knowledge Stock

  • Masahiro KurodaEmail author
  • Kenta Ikeuchi
  • Yasushi Hara
  • Michael C. Huang
Part of the Springer Proceedings in Business and Economics book series (SPBE)


The 21st century marks the prosperity of cyber systems that drastically reshaped the social economy structure. Confronting the hyper-aging society with shrinking population in Japan, rapid development of ICT/IoT has contributed to social economic change nowadays while evaluating the effectiveness of policy options thus becomes an urgent task for stakeholders. A new type of social economic development with technology substitute of labor deserves more attention to accommodate technology improvement in the society. In order to capture the structural change, we develop a CGE model applying Japan’s input–output table from 1995 to 2011 with the disaggregation of 95 sectors. In this model, the capital stock has been distinguished into tangible and intangible capital to better interpret the R&D capital formation and its spillover effect for technology realizations. Based on the mechanism, a user-friendly application called SPIAS-e was developed for policy option evaluation. Finally, the chapter demonstrated simulation results of STI policy options scenarios on how new service platform with ICT would be affected by R&D investments and technological improvement.


Policy evaluation CGE ICT/IoT R&D SPIAS-e 


  1. Akamatsu, K. (1962). A historical pattern of economic growth in developing countries. The Developing Economies, 1, 3–25.CrossRefGoogle Scholar
  2. Aulin-Ahmavaara, P. (1999). Effective rates of sectoral productivity change. Economic Systems Research, 11, 349–363.CrossRefGoogle Scholar
  3. Cabinet Office of Japan. (2017). Annual report of national economic statistics. Economic and Social Research Institute (in Japanese).Google Scholar
  4. Comite, F., & Kancs, D. (2015). Macro-economic models for R&D and innovation policies. IPTS Working Papers on Corporate R&D and Innovation—No. 03/2015. European Commission.Google Scholar
  5. Kobayashi, H. (2016). The capitalization of R&D in responding to the suggestions in 2008 SNA. National Account Quarterly, 159(3), 15–60. (in Japanese).Google Scholar
  6. Kristkova, Z. (2013). Analysis of private R&D effects in a CGE model with capital varieties: The case of the Czech Republic. Czech Journal of Economics and Finance, 63(3), 262–287.Google Scholar
  7. Kuroda, M., & Nomura, K. (2004). Technological change and accumulated capital: A dynamic decomposition of Japan’s growth. In E. Dietzenbancher & M. L.Lahr, M.L. (Eds.), Wassily Leontief and input-output economics (pp. 256–293). Cambridge: Cambridge University Press.Google Scholar
  8. Kuroda, M., Ikeuchi, K., & Hara, Y. (2016). Policy option simulator for science, technology and innovation policy (Part 1: theoretical framework and model formulation). SciREX Working Paper 2016–1. Tokyo: GRIPS ScREX Center (in Japanese).Google Scholar
  9. Langlois, R. (2002). The vanishing hand: The changing dynamics of industrial capitalism. Economics Working Papers, Paper 200221.Google Scholar
  10. OECD. (2002). Frascati manual 2002, proposed standard practice for surveys on research and experimental development. Paris: Organisation for Economic Co-operation and Development.CrossRefGoogle Scholar
  11. OECD. (2010). Handbook on driving capital measures of intellectual property products (IIP). Paris: Organisation for Economic Co-operation and Development.Google Scholar
  12. Tsujimura, K., Kuroda, M., & Shimada, H. (1981). Economic policy and general interdependence: A quantitative theory of price and empirical model building. KEO Monograph Series No 1, Tokyo: Keio University.Google Scholar
  13. United Nations. (1993). System of national accounts 1993.Google Scholar
  14. Vogel, Ezra F. (1979). Japan As number one. MA: Harvard University Press.CrossRefGoogle Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  • Masahiro Kuroda
    • 1
    Email author
  • Kenta Ikeuchi
    • 2
  • Yasushi Hara
    • 3
    • 4
  • Michael C. Huang
    • 4
  1. 1.Center for Research and Development Strategy (CRDS)Japan Science and Technology Agency (JST)TokyoJapan
  2. 2.Research Institute of Economy, Trade and Industry (RIETI)TokyoJapan
  3. 3.Michelin Fellow, Foundation France-Japon de L’EHESS (CEAFJP)L’ Ecole Des Hautes Etudes En Sciences Sociales (EHESS)ParisFrance
  4. 4.Science for RE-Designing Science, Technology and Innovation Policy Center (SciREX Center)National Graduate Institute for Policy Studies (GRIPS)TokyoJapan

Personalised recommendations