WFER 2018, Mexico

Dec 17, 2020

“Productivity Growth Has No Relationship with Population Growth”

Asian Growth Research Institute (AGI) and Fudan University held a joint research seminar on 17 Dec. 2020. Hatta gave a talk on “Productivity Growth Has No Relationship with Population Growth.” You can see the slide material used in this seminar.

Nov 27, 2020

“Economic Growth and Cities in Japan: Implications to Yangtze River Delta”

On November 27, Hatta took part in “Yangtze River Delta University Think Tank Summit 2020” virtually and gave a talk on “Economic Growth and Cities in Japan: Implications to Yangtze River Delta.”

You can see the slide material I used in the talk.

Aug 14, 2020

APER Forum 2020

On 14 August 2020, Hatta virtually attended the Asia Pacific Energy Regulatory Forum (APER Forum) 2020, hosted by Singapore’s Energy Market Authority. As the chair of the EGC, Hatta talked on “Impact of COVID-19 on Electricity Demand in Japan.”

Dec 10, 2018

“Severance Payment and Labor Mobility––A Comparative Study of Taiwan and Japan”

Tatsuo Hatta and Shinya Ouchi published “Severance Payment and Labor Mobility––A Comparative Study of Taiwan and Japan” (Hatta, Tatsuo and Ouchi, Shinya Eds.) from Springer.


About this book
This book compares legally allowed dismissal conditions in employment contracts in Taiwan and Japan and then examines the possibility of introducing the Taiwan-style severance payment system into Japanese employment contracts.

A significant difference exists between employment regulations of Japan and Taiwan. In Japan, dismissal of an employee on the grounds of ability is not easily upheld in a court of law, and a set rule for dismissals with severance payment does not exist. On the other hand, in Taiwan, where regulations do not allow dismissal at will, an employee can still be dismissed with severance payment, as long as due process is followed.


Written by labor lawyers and labor economists from both Taiwan and Japan, this book describes the procedures that must be followed in the dismissal process in the two countries. It also shows that this difference in dismissal conditions between the two countries explains the low labor mobility in Japan and high labor mobility in Taiwan, and that this difference in labor mobility, in turn, caused the shift of IT production from Japan to Taiwan in the 1990s. The final chapter of the book elucidates the need for introducing the Taiwan-style severance payment before carrying out further deregulation in Japan.




Jun 21, 2018

AGI WP: “Introducing Severance Payment Systems in Japan —A Proposal for Vacancy Decontrol—”

Hatta presented an AGI working paper Introducing Severance Payment Systems in Japan —A Proposal for Vacancy Decontrol—.

Abstract  
In Japan, the court requires job restoration rather than a severance payment from a firm after it decides that a dismissal has been abusive. This results in a high settlement cost for termination. 

This paper makes two proposals for introducing severance payments to reduce settlement costs in Japan. The first applies to existing contracts and proposes to specify levels of severance payments that would replace the current job restoration requirement after the court determines that a case is abusive. 

The second applies to new employees either for a recently vacated position or a new position and proposes vacancy decontrol, which allows firms to set the levels of severance payments freely while also honoring the existing contracts. Within this category, this paper proposes government-assisted vacancy decontrol, a transitional measure, where the government sets a minimum level of statutory severance payment, which is equal to six months of wages for a worker who has worked for 20 years, following the Taiwan precedent. After the need for the transitional measure is dissolved, complete vacancy decontrol should be introduced, abolishing the statutory severance payment. We have proposed that even at this stage, the government should publicly set a default level of the severance payment, which a firm should observe unless an explicit agreement or contract stipulates otherwise. The government should immediately introduce some form of vacancy decontrol for senior workers who have already retired from a regular job.

“Productivity Growth Has No Relationship with Population Growth”

Asian Growth Research Institute (AGI) and Fudan University held a joint research seminar on 17 Dec. 2020. Hatta gave a talk on “Productivity...