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Takashi Negishi was born on 2 April, 1933 in Tokyo, Japan, is a Japanese economist. Discover Takashi Negishi's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 90 years old?

Popular As N/A
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Age 90 years old
Zodiac Sign Aries
Born 2 April, 1933
Birthday 2 April
Birthplace Tokyo, Japan
Nationality Japan

We recommend you to check the complete list of Famous People born on 2 April. He is a member of famous economist with the age 90 years old group.

Takashi Negishi Height, Weight & Measurements

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Takashi Negishi Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Takashi Negishi worth at the age of 90 years old? Takashi Negishi’s income source is mostly from being a successful economist. He is from Japan. We have estimated Takashi Negishi's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
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Source of Income economist

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Takashi Negishi (根岸隆) is a Japanese neo-Walrasian economist.

1948

An empirical observation that remains unexplained is why the income distribution observed in 1948 by George F. Kennan, when the US had 50% of world wealth (and presumably income) with 6% of its population, remained so similar to the price of life ratio between developed and developing world as of Kyoto in 1990, at about 15 to 1.

However, this could not be blamed easily on Negishi.

1956

Negishi graduated Faculty of Economics, University of Tokyo in 1956 and received a PhD in Economics from University of Tokyo in 1963.

Negishi's research has provided a wide range of extensions to orthodox general equilibrium modelling.

These additions have typically involved imperfect competition, stability and unemployment.

Negishi is most famous for Negishi welfare weights or Negishi social welfare function, a system of weighting welfare assessment used in the Kyoto Protocol and other macro-economic analyses.

These are controversial insofar as they recognize and embed into economic analysis a varying and unequal price of life across different countries.

2011

Elizabeth A. Stanton specifically criticized this approach in Negishi Welfare Weights: The Mathematics of Global Inequality, 2011, arguing in an interview that:

This is argued by Stanton and others to be both inequitable and inaccurate, as over time that "current distribution" would change, making the policy advice even more wrong than it was when it was decided.

Joshua K. Abbott and Eli P. Fenchel acknowledged that

"'Negishi weights are often criticized on ethical grounds. [But] We show the Negishi SWF is ethically consistent with the Golden Rule, whereby the social planner weights others’ utilities at a point in time as he would weight his own future discounted utility.'"

However, the assumptions are still those of the planner and not those whose welfare is planned for.