Contents

• Introduction
• Observation
• Theoretical Model
  • Assumptions
  • Dynamic Constrained Optimizations
• Hypothesis
• Methodology
  • General Idea
  • Estimating the Rate of Capital Share and Labor Share
  • Estimating Host Firms' Capital Stock
  • Estimating Host Firms' Output
• Empirical Results
  • Estimates of Rate of Capital Share(¦Á)
  • Estimates of Host Firms' Capital Stock()
  • Estimates of Host Firms' Output()
  • Estimates of MPKs and MPK*s
• Discussion
  • The Role of the MPKs
  • The Role of the MPK*s
  • Discussing the Empirical Methodology
• Implications
  • Theoretical Implications
  • Policy Implications
• Concluding Remarks
• References
  • English
  • Japanese