Hirofumi Uzawa

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Hirofumi Uzawa
宇沢 弘文
AwardsPerson of Cultural Merit (1983)
Order of Culture (1997)
Blue Planet Prize (2009)
Information at IDEAS / RePEc

Hirofumi Uzawa (宇沢 弘文, Uzawa Hirofumi, July 21, 1928 – September 18, 2014) was a Japanese economist.

Biography

Uzawa was born on July 21, 1928, in

Yonago, Tottori
to a farming family.

He attended the Tokyo First Middle School (currently the Hibiya High School ) and the First Higher School, Japan (now the University of Tokyo's College of Arts and Sciences faculty).[citation needed]

He graduated from the Mathematics Department of the University of Tokyo in 1951; he was a special research student from 1951 to 1953. At that time, he discovered the true nature of economics in the words of John Ruskin, “There is no wealth, but life.” which was quoted in the foreword to Tale of Poverty (貧乏物語, binbō monogatari) by Hajime Kawakami, and decided to study economics.[1]

His paper on

George A. Akerlof did research under Uzawa at the University of Chicago and David Cass studied under Uzawa at Stanford University.[4][1]

Uzawa was a

senior fellow at the Research Center of Social Common Capital at Doshisha University. He held the position of the president of the Econometric Society from 1976 to 1977. He also held the position of Counsel for the Development Bank of Japan's Research Institute of Capital Formation (RICF) from 1968 until his passing.[5]

Contributions

Uzawa initiated the field of

Uzawa's Theorem
, among others.

In his 1962 paper,[6] Uzawa proved that the two of Walrasian equilibrium and Brouwer's fixed-point theorem are equivalent.

His 1965 model in which technical change is a result of macroeconomic investment was an early approach to endogenous growth theory. In these models, investments in R&D or education are chosen and have the effect of raising future economic growth rates.

Recognition

Bibliography

Books

  • .
  • .
  • Uzawa, Hirofumi (1989). Preference, Production and Capital: Selected Papers of Hirofumi Uzawa. .
  • Uzawa, Hirofumi (1989). Optimality, Equilibrium, and Growth: Selected Papers of Hirofumi Uzawa. .
  • Uzawa, Hirofumi (2003). Economic Theory and Global Warming. Cambridge, England: Cambridge University Press. .
  • Uzawa, Hirofumi (2005). Economic Analysis of Social Common Capital. Cambridge, England: Cambridge University Press. .

Chapters in books

Selected journal articles

Working Papers

References

Further reading

External links