Hirofumi Uzawa

Hirofumi Uzawa
Born	July 21, 1928 Tottori Prefecture
Died	September 18, 2014 (aged 86)
Nationality	Japan
Institution	Stanford University University of California at Berkeley University of Chicago University of Tokyo Chuo University Doshisha University
Field	Mathematical economics
School or tradition	Neoclassical economics
Alma mater	Stanford University University of Tokyo
Influences	Shokichi Iyanaga Joichi Suetsuna
Influenced	David Cass Harl Ryder Karl Shell
Contributions	Uzawa two-sector growth model Uzawa condition

Hirofumi Uzawa (宇沢 弘文 Uzawa Hirofumi, July 21, 1928 – September 18, 2014) was a Japanese economist, professor emeritus of University of Tokyo, and a member of the Japan Academy.^[1]

Uzawa was born in Yonago, Tottori. He majored in mathematics at University of Tokyo, and went on to its graduate school, obtaining a doctorate in Mathematics. He went to study Economics at Stanford University in 1956 with Fulbright fellowship, and became an assistant, then assistant professor, and then associate professor at Stanford. He afterwards was assistant professor at the University of California, Berkeley and professor at the University of Chicago, and later assumed the position of professor of the Department of Economics at Tokyo University in 1969. He also taught at Niigata University, Chuo University, and United Nations University.^[1]

Uzawa was a senior fellow at the social, commonness, and capital research center of Doshisha University. He held the position of the chairman of the Econometric Society from 1976 to 1977. He became a member of the Japan Academy in 1989. He was listed in the Japanese Culture Merit in 1983, and won the Order of Culture in 1997.^[1]

Uzawa initiated the field of mathematical economics in postwar days and formulated the growth theory of neoclassical economics. This is reflected in the Uzawa–Lucas model, the Uzawa iteration, and the Uzawa condition, among others.

Joseph Stiglitz did research under Uzawa at Chicago in 1965–66.

Selected publications

• "Note on preference and axioms of choice", 1956, Annals of the Institute of Statistical Mathematics|Annals of the Institute of Statistical Mathematics. doi:10.1007/BF02863564
• "A Note on the Rational Selection of Decision Functions", 1957, Econometrica.
• "On the Menger-Wieser Theory of Imputation", 1958, Zeitschrift für Nationalökonomie. doi:10.1007/BF01317023
• "Studies in Linear and Non-Linear Programming," with Kenneth Arrow and Leonid Hurwicz, Journal of the American Statistical Association, 1960.
• "Prices of the Factors of Production in International Trade", 1959, Econometrica.
• "Locally Most Powerful Rank Tests for Two-Sample Problems", 1960, Annals of Mathematical Statistics.
• Uzawa, Hirofumi (1960), "Preference and rational choice in the theory of consumption", in Arrow, Kenneth J.; Karlin, Samuel; Suppes, Patrick, Mathematical models in the social sciences, 1959: Proceedings of the first Stanford symposium, Stanford mathematical studies in the social sciences, IV, Stanford, California: Stanford University Press, pp. 129–149, ISBN 9780804700214.
• "Walras' Tatonnement in the Theory of Exchange", 1960, Review of Economic Studies (RES).
• "Market Mechanisms and Mathematical Programming", 1960, Econometrica.
• "Stability and Non-Negativity in a Walrasian Tâtonnement Process" with H. Nikaido, 1960.
• "Constraint Qualifications in Non-Linear Programming", with K.J. Arrow and L. Hurwicz, 1961, Naval Research Logistics Quarterly.
• "On a Two-Sector Model of Economic Growth, I", 1961, RES.
• "Natural Inventions and the Stability of Growth Equilibrium", 1961, RES.
• "The Stability of Dynamic Processes", 1961, Econometrica
• "On the Stability of Edgeworth's Barter Process", 1962, International Economic Review (IER).
• "Walras's Existence Theorem and Brouwer's Fixed Point Theorem", 1962, Economic Studies Quarterly (Japanese Economic Review).
• "Aggregative Convexity and the Existence of Competitive Equilibrium", 1962, Economic Studies Quarterly.
• "Production Functions with Constant Elasticities of Substitution", 1962, RES.
• "On a Two-Sector Model of Economic Growth, II", 1963, RES.
• "On Separability in Demand Analysis", with S.M. Goldman, 1964, Econometrica.
• "On Professor Solow's Model of Technical Progress", 1964, Economic Studies Quarterly.
• "Optimal Growth in a Two-Sector Model of Capital Accumulation", 1964, RES.
• "Duality Principles in the Theory of Cost and Production", 1964, IER.
• "On an Akerman-Wicksellian Model of Capital Accumulation", with T. Yasui, 1964 Economic Studies Quarterly.
• "Optimum Technical Change in an Aggregative Model of Economic Growth PDF", 1965, IER.
• "Patterns of Trade and Investment in a Dynamic Model of International Trade", with H. Oniki, 1965, RES.
• "On a Neoclassical Model of Economic Growth", 1966, Economic Studies Quarterly.
• "Market Allocation and Optimum Growth", 1968, Australian Economic Papers. doi:10.1111/j.1467-8454.1968.tb00149.x
• "The Penrose Effect and Economic Growth", 1968, Economic Studies Quarterly.
• "Time Preference, the Consumption Function and Optimum Asset Holdings", 1968, in Wolfe, editor, Value, Capital and Growth.
• "Time Preference and the Penrose Effect in a Two-Class Model of Economic Growth", 1969, Journal of Political Economy.
• "Optimum Fiscal Policy in an Aggregative Model of Economic Growth", 1969, in Adelman and Thorbecke, editors, Theory and Design of Economic Development.
• "On the Integrability of Demand Functions", with L. Hurwicz, 1971, in Preferences, Utility and Demand.
• "Diffusion of Inflationary Processes in a Dynamic Model of International Trade", 1971, Economic Studies Quarterly.
• "Towards a Keynesian Model of Monetary Growth", 1973, in Mirrlees and Stern, editors, Models of Economic Growth.
• "Optimum Investment in Social Overhead Capital", 1974, in Economic Analysis of Environmental Problems.
• "La theorie economique du capital collectif social", 1974, Cahier d'econometrie et economique.
• "On the Dynamic Stability of Economic Growth", 1974, in Trade, Stability and Growth.
• "Disequilibrium Analysis and Keynes's General Theory", 1976.
• "An Endogenous Rate of Time Preference, the Penrose effect, and dynamic optimality of environmental quality, 1996,

References

1. "Leading Japanese economist Hirofumi Uzawa dies at 86". Asahi Shimbun. 26 September 2014. Retrieved 27 September 2014.

Further reading

• Ikeo, Aiko (2014). A History of Economic Science in Japan: The Internationalization of Economics in the Twentieth Century. Routledge. ISBN 978-1-317-74753-6.

External links

• Masahiro Okuno-Fujiwara and Karl Shell (2009). "An Interview with Hirofumi Uzawa" (PDF). Macroeconomic Dynamics 13: 390–420. doi:10.1017/S1365100509080213.
• "An Interview with Hirofumi Uzawa, 2009 (in Czech)". Kovanda, Lukas. 2009-04-25. Retrieved 2010-04-25.
• Hirofumi Uzawa at the Mathematics Genealogy Project