Financial Review Issue No. 2, FY 2025 (Volume 160) - Special Issue: Economic Analysis Using Administrative Data—Joint Research on Import/Export Declaration and Tax Data

Overview

The Policy Research Institute of the Ministry of Finance presents "Financial Review Issue No. 2, FY 2025 (Volume 160)" as a special issue. This edition compiles joint research outcomes utilizing import/export declaration data and tax data for economic analysis using administrative data. ## Key Points ### 1. Special Issue Overview - **Title**: Economic Analysis Using Administrative Data—Joint Research on Import/Export Declaration and Tax Data - **Publication**: June 2025 - **Editorial Responsibility**: First half (import/export data) by Professor Eiji Ogawa, Second half (tax data) by President Yukinobu Kitamura - **Purpose**: To utilize big data held by administrative agencies for academic research and enhance policy-making sophistication ### 2. Import/Export Declaration Data Research (First Half) - **Preface**: Eiji Ogawa (Professor, Faculty of Economics, Tokyo Keizai University) - Characteristics and usability of import/export declaration data - Overview of Japanese firms' import/export behavior analysis - Introduction to research on trade invoice currency selection - Analysis of the impact of import/export declaration office liberalization - **Paper 1**: Analysis of Japanese Firms' Import/Export Behavior Using Import/Export Declaration Data - Authors: Naoto Jinji, Keiko Ito, Masahiro Endoh, Toshihiro Okubo, Akira Sasahara, Toshiyuki Matsuura - Detailed analysis of Japanese firms' trade patterns - Elucidation of firm-level import/export dynamics - **Paper 2**: What Can We Learn from Customs Declaration Data? - Invoice Currency Selection and Exchange Rate Pass-through - - Authors: Junko Shimizu, Takatoshi Ito, Kiyotaka Sato, Yuji Yoshida, Taihiro Yoshimi, Gaku Yoshimoto - Mechanisms of invoice currency selection - Analysis of exchange rate fluctuation pass-through to prices - **Paper 3**: Usage Status, Factors, and Results of the "Import/Export Declaration Office Liberalization" System - Authors: Shintaro Negishi, Akira Sasahara, Takaki Otsuka, Fumiharu Ito - Measurement of institutional reform effects - Analysis of firms' system usage patterns ### 3. Tax Data Research (Second Half) - **Preface**: Recent Research Trends and Future Prospects Using Tax Data in Japan - Author: Yukinobu Kitamura (President, Rissho University) - Recommendations from the Science Council of Japan - Status of joint tax data research activities - **Paper 4**: Significance of Analysis Based on Tax Data in Japan - Author: Shigeki Kunieda (Professor, Faculty of Law, Chuo University) - Background of academic use of administrative data - Intersection of modern tax theory and empirical research - Analysis of high-income earners' income distribution - **Paper 5**: Tax Relief and Redistribution Effects of Income Tax Deductions: Analysis Using Tax Data - Authors: Taro Ohno, Shingo Okamoto, Kazuhiro Inaba - Evolution and current status of the income tax system - Analysis of deduction system realities - Measurement of tax burden redistribution effects - **Paper 6**: Final Tax Return Data as Income Data - Authors: Takashi Unayama, Shimpei Sano, Kazufumi Yugami, Kazuhiro Inaba - Coverage analysis of final tax return data - Usefulness as high-income earner data - Data limitations and utilization possibilities - **Paper 7**: Empirical Analysis of Loss-Making Corporations Using Individual Corporate Tax Return Data - Authors: Takero Doi, Toshihiro Bessho, Katsuki Mori - Elucidation of loss-making corporations' realities - Analysis by industry and scale - Dynamics of losses and profit recording - **Paper 8**: Measuring Business Dynamism Using Corporate Tax Return Data - Authors: Daisuke Miyakawa, Miho Takizawa, Tatsushi Furuya - Reality of corporate metabolism - Quantification of business dynamics - Measurement of Japanese economic vitality ### 4. Significance of This Special Issue - **Academic Significance**: Pioneering case of full-scale academic use of administrative big data - **Policy Significance**: Promotion of evidence-based policy making (EBPM) - **International Significance**: Japan's full-scale entry into administrative data utilization advancing in developed countries - **Future Prospects**: Expectations for expanded data access and research deepening This special issue represents a groundbreaking publication that opens new horizons in economic analysis using administrative data in Japan, featuring cutting-edge research outcomes using two important administrative databases: import/export data and tax data.