Graduate School of International Social Sciences, International Social Sciences Section



Date of Birth


Research Fields, Keywords

Russian Economy, Macroeconomic Modeling, Spatial Economic Modeling, Economic Development, Financial Economy

Mail Address

E-mail address

The Best Research Acheivement as Researcher Life 【 display / non-display

Graduating School 【 display / non-display


    Tohoku University   Faculty of Economics  

Graduate School 【 display / non-display


    Tohoku University  Graduate School, Division of Economics   

Degree 【 display / non-display

  • Doctor in Economics -  Tohoku University

  • MA in Economics -  Tohoku University

External Career 【 display / non-display

  • 2018.11

    Bank of Finland   Bank of Finland Institute for Economies in Transition   Visiting researcher  

  • 2018.10

    Hititsubashi University, Economic Research Institute   Economic Research Institute   Member of the managing committee  

  • 2018.10

    Halle Institute for Economic Research (IWH)   Visiting researcher  

  • 2018.08

    Higher School of Economics - National Research University   International Center for the Study of Institutions and Development   Visiting researcher  

  • 2014.08

    Bank of Finland   Bank of Finland Institute for Economies in Transition   Visiting researcher  

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Academic Society Affiliations 【 display / non-display

  • 1980

    Japanese Association for Comparative Economic Studies

  • 2005.01

    European Association for Comparative Economic Studies

  • 2017.01

    Regional Studies Association

  • 2011

    Association for Comparative Economic Studies

Field of expertise (Grants-in-aid for Scientific Research classification) 【 display / non-display

  • Economic Policy (including Economic Situation)

  • General Theory of Economics

Qualification acquired 【 display / non-display

  • Registered Information Security Specialist

  • Applied Information Technology Engineer

  • Fundamental Information Engineer/Information Processing Engineer, Class 2


Research Career 【 display / non-display

  • Spatial economic analyses of the Eurasian region

    Project Year:  -   

  • Economic Development in Japan and Russia

    Project Year:  -   

  • Computable General Equilibrium Model

    Project Year:  -   

  • Development of macroeconomic simulation models

    Project Year:  -   

Books 【 display / non-display

  • Monetary Policy in the Soviet Union

    Yasushi Nakamura (Part: Single Work )

    Palgrave McMillan  2017.09 ISBN: 9781137494160

  • Russian Economic Development over Three Centuries

    Kuboniwa, M., Nakamura, Y., Kumo, K., Shida, Y. (Part: Joint Editor )

    Palgrave-Macmillan  2019.09 ISBN: 9789811384288

     View Summary

    This book aims to provide a comprehensive statistical picture of the Russian economic development covering the Imperial, Soviet, and New Russian periods. The authors have reconstructed Russian socio-economic statistics from both published and archival materials. The book gives concise descriptions as well as new insights on the Russian economic development. Compiled such that estimations by the authors are kept to a minimum and extensive explanations and notes on the sources, the definitions, the statistical methodologies, the problems and inconsistencies of the original data, and the pitfalls of interpreting the time series are given makes this a standard reference book of the Russian economic history. It will be of value to economists, scholars of collectivist economics, and scholars of Russia and the Soviet experience.

  • The Russian Economy and Oil and Gas

    Yasushi NAKAMURA (Part: Joint Work )

    Hokkaido University Press  2008.06 ISBN: 9784832966956

  • Financial sector and funds flow

    (Part: Joint Work )


  • Microeconomic Analysis of Planned Economies

    (Part: Single Work )

    Nihon-Hyoron  1992.12 ISBN: 4535580529

Thesis for a degree 【 display / non-display

  • Planned economies and market economies

    Nakamura, Yasushi 

      1992.03  [Refereed]

    No Setting   Single Work

     View Summary

    Economic behaviors of economic agents in the planned economy are formulated. Then, macro-economic consequences of those behaviors are discussed.

Papers 【 display / non-display

  • Advancement of the Russian economy to the Pacific region and Japanese Industries: A spatial economic analysis

    Yasushi NAKAMURA

    2018 Research report of the Sangyo Kouzo Chyosa Kenkyuu Jigyou ( Organaization to Promote Industrial Structure Studies )    1 - 60   2019.01

    Single Work

     View Summary

    The report identified that there was not significant shift of the Russian economy to the Asia and Pacific region despite the desire of the Russian government. On the other hand, the significance of economic relations of Russia to Europe was confirmed, Russia's dependency on Europe is historically and geographically important. It is naturally encouraged that the Russian economy enlarge economic relations with Asia; it, nevertheless, seems true that only reconstruction of Russian economic relations to Europe can recover the Russian economy. This implies that Russia should abandon the ideology inclining to the state intervention and a closed economy.

  • The Relationship between the Real and Financial Economies in the Soviet Union

    Yasushi Nakamura

    Explorations in Economic History ( Elsevier )  66   65 - 84   2017.07  [Refereed]

    Single Work

    Web of Science DOI

  • Economic Development of Eurasian Countries from Wider Perspectives

    NAKAMURA, Yasushi

    Russian Research Center, Institute of Economic Research, Hitotsubashi University, Working Paper   ( 68 )   1 - 100   2017

    Joint Work

  • Long-term Monetary Statistics for Russia

    中村 靖

    RRC Working Paper Series ( Institute of Economic Research, Hitotsubashi University )  ( 63 )   1 - 39   2016.11

    Single Work

     View Summary

    Monetary statistics in the Russian Empire, the Soviet Union, and the Russian Federation were reviewed. The result showed that it is difficult to construct some historical time series of monetary indicators consistent for the entire period of 150 years, because the financial systems in these three periods were very different from each other and that in a market economy. We need to understand the characteristics of each monetary and financial system to use the monetary and financial statistics. The financial system in the Russian Empire developed slower than that of West Europe and was characterized by strong government influence. This characteristic seemed to be carried over to the Soviet Union. The state budget was the main pillar of the Soviet financial system; bank financing merely had a minor and subsidiary role, and its main source of finance was government funds. This pattern of Soviet finance changed in the mid-1960s. Bank financing expanded rapidly using increasing household deposits as its source of finance, while the government sector became a net absorber of financial resources. This financial system was unsustainable and eventually collapsed. After the collapse of the Soviet Union, the Russian financial system returned to a standard financial system for a market economy; however, a sound financial system is still under construction.

  • Money Supply and Foreign-Trade Taxes in the Soviet Union: An International Comparison Using New Soviet Data

    Yasushi Nakamura

    The Journal of European Economic History ( Banco di Roma )  XLIV ( 1 )   85 - 120   2015.07  [Refereed]

    Single Work

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Grant-in-Aid for Scientific Research 【 display / non-display

  • Study on Russian long-term economic development: 1860-2010

    Grant-in-Aid for Scientific Research(A)

    Project Year: 2015.04  -  2019.03  Investigator(s): Nakamura, Yasushi

  • Analysis of Russian Economy with a Micro-Macro CGE model

    Grant-in-Aid for Scientific Research(C)

    Project Year: 2002.04  -  2005.03  Investigator(s): NAKAMURA Yasushi

  • Modelling the Russian Financial Economy

    Grant-in-Aid for Scientific Research(C)

    Project Year: 2000.04  -  2002.03 

  • Income distribution and economic development in the transition economies

    Grant-in-Aid for Scientific Research(C)

    Project Year: 1995.04  -  1997.03 

  • Local governments under the systemic transformation of Ex-Soviet and East European countries

    Grant-in-Aid for Encouragement of Scientists

    Project Year: 1993.04  -  1994.03  Investigator(s): NAKAMURA Yasushi

Other external funds procured 【 display / non-display

  • Research on international and domestic financial flows of transition economies

    Offer organization: Economic Research Institute, Hitotsubashi university  Joint Research Project of the Economic Research Institute at Hitotsubashi University

    Project Year: 2015.04  -  2016.03  Investigator(s): NAKAMURA, Yasushi

  • Comparison of productivity growth patterns in transition economies

    Offer organization: Slavic-Eurasian Research Center, Hokkaido University  Research project on Slav-Eurasia Regions

    Project Year: 2014.04  -  2015.03  Investigator(s): NAKAMURA, Yasushi

  • Statistical Analyses of Russian Household Behavior

    Offer organization: JSPS  JSPS Invitation Fellowship Program for Research in Japan

    Project Year: 2002.04  -  2003.01  Investigator(s): Yasushi NAKAMURA

  • Analysis of Saving Behavior of Russian Households

    Offer organization: Local Government  International exchange (Invitation)

    Project Year: 2001.09  -  2001.10  Investigator(s): NAKAMURA, Yasushi

  • Comparison of economic relationship with transition economies between Japan and the UK

    Offer organization: The British Council  The British Council Grant

    Project Year: 1998.03  -  1999.03  Investigator(s): NAKAMURA, Yasushi

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Presentations 【 display / non-display

  • Changes in Russian Spatial Economic Structure

    Yasushi NAKAMURA  [Invited]

    International Center for Governance and Economic Development Studies Seminar Series  (Higher School of Economics, Moscow)  2018.11.27   International Center for Governance and Economic Development Studies, Higher School of Economics

     View Summary

    Changes in the Russian spatial economic structure were presented by calculating various economic centroids. The result suggested the dependency of the Russian economy on the western Europe.

  • Is Russia moving to the East? A Simple Spatial Analysis

    Yasushi NAKAMURA  [Invited]

    Bank of Finland Institute for Economies in Transition (BOFIT) Seminar Series  (Bank of Finland, Helsinki)  2018.11.19   Bank of Finland Institute for Economies in Transition (BOFIT)

     View Summary

    To confirm if the Russian economy moves to the East / the Pacific Ocean, the various economic centroids were calculated. The results show no movement to the East.

  • Economic Development in Japan and Russia: 1854 to present, and future

    Yasushi NAKAMURA  [Invited]

    Special lecture at Faculty of Economics, Chelyabinsk State University  (Faculty of Economics, Chelyabinsk State University)  2018.09.20   Faculty of Economics, Chelyabinsk State University

  • Quantitative analyses of Soviet economic development: New insights of new data and approaches I, II


    15th European Association for Comparative economics Conference   (Warsaw School of Economics)  2018.09.12   European Association for Comparative Economics

  • Deadly Weights: Accumulation of Domestic Debts in the Soviet Era

    Yasushi NAKAMURA

    15th European Association for Comparative Economic Studies Conference  (Warsaw School of Economics)  2018.09.11   European Association for Comparative Economics

     View Summary

    The paper showed the domestic debts continuously increased in the Soviet Union, using newly available data on Soviet secret domestic debts. The paper concludes the inability of fiat money management without using money and funds market.

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Council/Academic activity outside the university 【 display / non-display

  • Japanese Association for Comparative Economic Studies


    Society   President

  • Research fellow, Slavic-Eurasian Research Center, Hokkaido University


    Others   Research fellow

  • Technical assistance for compiling large-scale input output table


    Society   Technical adviser

Social Contribution(Extension lecture) 【 display / non-display

  • International Workshop on Russian Historical Statistics


  • International Workshop on Economic Development of Eurasian Countries from Wider Perspectives


  • Economic growth of economies in transition in comparison: from the perspectives of value added generation and productivity


  • Statistical Analyses of International and Financial Relations among Emerging Economies: With Special Attention to Russia