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Shunsuke Managi Last modified date:2023.06.23

Professor / Civil Engineering
Faculty of Engineering

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Academic Degree
University of Rhode Island (USA) Ph.D. Environmental and Natural Resource Economics
Country of degree conferring institution (Overseas)
Yes Doctor
Field of Specialization
Urban engineering, Traffic engineering, Applied economics, Environmental economics
Total Priod of education and research career in the foreign country
Research Interests
  • Valuation Method
    keyword : Inclusive Wealth
  • Optimal Urban Design
    keyword : Urban Design
  • Optimal Urban Design
    keyword : Urban Design
  • New Technology for Infrastructure
    keyword : New Technology
  • Enveronmental, Resouse, Energy, Education, Medical and Infrustracture
    keyword : Enveronmental, Resouse, Energy, Education, Medical, Infrustracture
Current and Past Project
  • In order to construct a sustainable society by an integrated approach involving mitigation and adaptation, how effectively and efficiently climate change issues can be solved with a delicate balance between mitigation and adaptation under limited economic and human resources will be assessed quantitatively, and it will be utilized to support climate change policy developments as risk management.
    The following five themes have been set.
  • The aim of this research project is to contribute to international discussions toward the establishment of sustainable development goals (SDGs) in the short term, and to propose policies and frameworks for a long-term transformation in human behaviour toward sustainable society.
  • This project aims to provide vision of sustainable development based on economic approach while focusing on recovery of large-scale natural disaster such as the Great East Japan Earthquake. In order to build new theory of suitability, it is crucial to consider factors such as decreasing population through aging society, external shocks such as natural disasters that threaten societal stability as well as sustainable growth. Moreover, we plan to analyze the effect of external shocks at multiple levels: across regions, countries, and localities within countries through collections of relevant data, we are able to further develop exiting ideas regarding sustainable growth and provide pragmatic policy recommendations.

    arrow_red Previous economic researches of sustainable development assumed increasing population and economic growth focusing on developing countries. Our research reverses such trend by considering sustainable development of developed society with decreasing and aging population. Detailed study of Japan and comparison with other countries would lead to construction of suitable development model that can be applied when eventually societal maturity diffuses globally.
Academic Activities
1. Shunsuke MANAGI, Wealth, Inclusive Growth and Sustainability., Routledge, ISBN-10: 0367002361, 2019.01.
2. Shunsuke Managi , Pushpam Kumar, Inclusive Wealth Report 2018: Measuring Progress toward Sustainability, Routledge, ISBN-10: 1138541273, 2018.11, The Inclusive Wealth Index provides important insights into long-term economic growth and human well-being. The Index measures the wealth of nations through a comprehensive analysis of a country's productive base and the country’s wealth in terms of progress, well-being and long-term sustainability. It measures all assets which human well-being is based upon, in particular, produced, human and natural capital to create and maintain human well-being over time..
1. Managi, S., Zhuo Chen, Social-Economic Impacts of Epidemic Diseases, Technological Forecasting and Social Change,, 2022.02, COVID-19 has impacted our world in all aspects of economic, social, technological, environmental, and international relations. On the economic side, the growth rate of global GDP in 2020 was −3.5%. On the policy side, new policies such as social distancing policy and (legally binding/non-legally binding) emergency declarations are being implemented simultaneously worldwide. This special issue collects studies on the socioeconomic impact of the spread of infectious diseases such as new coronaviruses..
2. David C. Broadstock, Shunsuke Managi, Competition in the Electricity Sector, The Energy Journal, 10.5547/01956574.41.si1, Vol.41, No.01, 2020.09, This special issue of The Energy Journal provides a timely coverage on this important and
dynamic area of research, welcoming a wide-range of empirical methodologies and applications as
well as theoretical insights that contribute to our knowledge base. The applied theoretical and analytical
contributions deployed provide renewed guidance to policy-makers and government officials
in designing new policy scenarios for the investigation of the role of “Competition in the Electricity
1. Danyang Cheng, Qianyu Xue, Klaus Hubacek, Jingli Fan, Yuli Shan, Ya Zhou, D' Maris Coffman, Shunsuke Managi, Xian Zhang, Inclusive wealth index measuring sustainable development potentials for Chinese cities, Global Environmental Change, 10.1016/j.gloenvcha.2021.102417, 72, 102417-102417, 2022.01, The UN Sustainable Development Goals (SDGs) are the blueprint to achieve a better and more sustainable future. To achieve the goal, tracking progress — not just on a national level, but locally — is crucial to guide future policy development. While sustainability assessment at the national level is quite advanced in China, similar assessments focusing at the regional or even at the city-level are currently lacking. Here, we advanced the Inclusive Wealth Index (IWI) framework, which is firstly proposed by the United Nations Development Programme, through taking water wealth into account and adjusting the variable based on data availability. Then we investigate the sustainability performance of 210 cities in China in 2016 via the advanced version of the IWI framework. The analysis makes a holistic assessment based on produced, human, and natural capital, as well as considering heterogeneities in economy, social, and environmental conditions across these cities. We find that cities clustered in the eastern parts of China are characterized by high levels of sustainability performance and increasing capacities for sustainability, largely driven by their high quality and quantity of human capital. In comparison, the western cities have a large amount of low-skilled human capital and low levels of produced capital, which determines their low sustainability performance. Cities clustered in the north are heavily dependent on low value-added products and resource-intensive industries. Furthermore, we make projections of the IWI and its three components for different cities from 2020 to 2030, referring to the index systems presented in city planning which describe the development speed of income, education, fixed asset investment, forests etc. In the future, cities in central and western clusters show considerable potential for increasing IWI per capita, whereas cities with a dominant energy sector in the north would face declining capacity for sustainability due to the exhaustion of fossil fuels and raw materials. By fully taking account of and adapting to local circumstances, we tailor-design pathways for different types of cities to grow their sustainability potentials. Those resources-dependent cities in the north could avoid the impending decline by gradually developing their human and produced capital while abandoning their resource dependency. Our study contributes to city-level sustainable development in China through the lens of per capita IWI and the potential future dynamics of changing compositions in their capital..
2. Anamika Pandey, Michael Brauer, Maureen L Cropper, Kalpana Balakrishnan, Prashant Mathur, Sagnik Dey, Burak Turkgulu, G Anil Kumar, Mukesh Khare, Gufran Beig, Tarun Gupta, Rinu P Krishnankutty, Kate Causey, Aaron J Cohen, Stuti Bhargava, Ashutosh N Aggarwal, Anurag Agrawal, Shally Awasthi, Fiona Bennitt, Sadhana Bhagwat, P Bhanumati, Katrin Burkart, Joy K Chakma, Thomas C Chiles, Sourangsu Chowdhury, D J Christopher, Subhojit Dey, Samantha Fisher, Barbara Fraumeni, Richard Fuller, Aloke G Ghoshal, Mahaveer J Golechha, Prakash C Gupta, Rachita Gupta, Rajeev Gupta, Shreekant Gupta, Sarath Guttikunda, David Hanrahan, Sivadasanpillai Harikrishnan, Panniyammakal Jeemon, Tushar K Joshi, Rajni Kant, Surya Kant, Tanvir Kaur, Parvaiz A Koul, Praveen Kumar, Rakesh Kumar, Samantha L Larson, Rakesh Lodha, Kishore K Madhipatla, P A Mahesh, Ridhima Malhotra, Shunsuke Managi, Keith Martin, Matthews Mathai, Joseph L Mathew, Ravi Mehrotra, B V Murali Mohan, Viswananthan Mohan, Satinath Mukhopadhyay, Parul Mutreja, Nitish Naik, Sanjeev Nair, Jeyaraj D Pandian, Pallavi Pant, Arokiasamy Perianayagam, Dorairaj Prabhakaran, Poornima Prabhakaran, Goura K Rath, Shamika Ravi, Ambuj Roy, Yogesh D Sabde, Sundeep Salvi, Sankar Sambandam, Bhavay Sharma, Meenakshi Sharma, Shweta Sharma, R S Sharma, Aakash Shrivastava, Sujeet Singh, Virendra Singh, Rodney Smith, Jeffrey D Stanaway, Gabrielle Taghian, Nikhil Tandon, J S Thakur, Nihal J Thomas, G S Toteja, Chris M Varghese, Chandra Venkataraman, Krishnan N Venugopal, Katherine D Walker, Alexandrea Y Watson, Sarah Wozniak, Denis Xavier, Gautam N Yadama, Geetika Yadav, D K Shukla, Hendrik J Bekedam, K Srinath Reddy, Randeep Guleria, Theo Vos, Stephen S Lim, Rakhi Dandona, Sunil Kumar, Pushpam Kumar, Philip J Landrigan, Lalit Dandona, Health and economic impact of air pollution in the states of India: the Global Burden of Disease Study 2019, The Lancet Planetary Health, 10.1016/s2542-5196(20)30298-9, 5, 1, e25-e38, 2021.01, Background
The association of air pollution with multiple adverse health outcomes is becoming well established, but its negative economic impact is less well appreciated. It is important to elucidate this impact for the states of India.
We estimated exposure to ambient particulate matter pollution, household air pollution, and ambient ozone pollution, and their attributable deaths and disability-adjusted life-years in every state of India as part of the Global Burden of Disease Study (GBD) 2019. We estimated the economic impact of air pollution as the cost of lost output due to premature deaths and morbidity attributable to air pollution for every state of India, using the cost-of-illness method.
1·67 million (95% uncertainty interval 1·42–1·92) deaths were attributable to air pollution in India in 2019, accounting for 17·8% (15·8–19·5) of the total deaths in the country. The majority of these deaths were from ambient particulate matter pollution (0·98 million [0·77–1·19]) and household air pollution (0·61 million [0·39–0·86]). The death rate due to household air pollution decreased by 64·2% (52·2–74·2) from 1990 to 2019, while that due to ambient particulate matter pollution increased by 115·3% (28·3–344·4) and that due to ambient ozone pollution increased by 139·2% (96·5–195·8). Lost output from premature deaths and morbidity attributable to air pollution accounted for economic losses of US$28·8 billion (21·4–37·4) and $8·0 billion (5·9–10·3), respectively, in India in 2019. This total loss of $36·8 billion (27·4–47·7) was 1·36% of India's gross domestic product (GDP). The economic loss as a proportion of the state GDP varied 3·2 times between the states, ranging from 0·67% (0·47–0·91) to 2·15% (1·60–2·77), and was highest in the low per-capita GDP states of Uttar Pradesh, Bihar, Rajasthan, Madhya Pradesh, and Chhattisgarh. Delhi had the highest per-capita economic loss due to air pollution, followed by Haryana in 2019, with 5·4 times variation across all states.
The high burden of death and disease due to air pollution and its associated substantial adverse economic impact from loss of output could impede India's aspiration to be a $5 trillion economy by 2024. Successful reduction of air pollution in India through state-specific strategies would lead to substantial benefits for both the health of the population and the economy..
3. Chapman, Andrew, Hidemichi Fujii, and Shunsuke Managi, Multinational Life Satisfaction, Perceived Inequality and Energy Affordability, Nature Sustainability, 2, 6, 508-514, 2019.06.
4. Tolliver C., Keeley A. R., Managi S., Green Bonds for the Paris Agreement and Sustainable Development Goals, Environmental Research Letters, 14(6), 064009, 2019.05.
5. Islam M., Kanemoto K., Managi S. , Growth Potential for CO2 Emissions Transfer by Tariff Reduction, Environmental Research Letters, 14(2), 024011, 2019.02.
6. Roxburgh N., Guan D., Shin K., Rand W., Managi S., Lovelace R., Meng J. , Characterising Climate Change Discourse on Social Media During Extreme Weather Events, Global Environmental Change, 54, 50-60, 2019.01.
7. Kotani K., Tanaka K., Managi S., Which Performs Better under Trader Settings, Double Auction or Uniform Price Auction?, Experimental Economics, 22(1), 247-267, 2019.01.
Membership in Academic Society
  • The City Plannnig Institute of Japan
  • Organization for Promotion of Civil Engineering Technology
  • Society for Environmental Economics and Policy Studies
Educational Activities
IESEG School of Management, Visiting Professor in French, 2007.4-
Northeast Agricultural University, Visiting Professor in China, 2007.03