Growth Alternatives of the Japanese Economy

Structure and Simulations of Dynamic Econometric Model with Input-Output System (DEMIOS)

Business & Finance, Economics, Econometrics, Macroeconomics
Cover of the book Growth Alternatives of the Japanese Economy by Shuntaro Shishido, Osamu Nakamura, World Scientific Publishing Company
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Author: Shuntaro Shishido, Osamu Nakamura ISBN: 9789813278233
Publisher: World Scientific Publishing Company Publication: February 27, 2019
Imprint: WSPC Language: English
Author: Shuntaro Shishido, Osamu Nakamura
ISBN: 9789813278233
Publisher: World Scientific Publishing Company
Publication: February 27, 2019
Imprint: WSPC
Language: English

The book describes the structure of the Keynes-Leontief Model (KLM) of Japan and discusses how the Japanese economy can overcome the long-term economic deflation that has taken place since the mid-1990s. The large-scale econometric model and its analysis have been important for planning several policy measures and examining the economic structure of a country. However, it seems that the development and maintenance of the KLM would be very costly. The book discusses how the KLM is developed and employed for the policy analyses.

Contents:

  • Foreword
  • About the Authors
  • Acknowledgments
  • List of Figures
  • List of Tables
  • Introduction
  • General Feature of DEMIOS
  • Input–Output Model Block
  • Macroeconomic Model Block
  • Cohort-Type Demographic and Labor Force Block
  • Scenario Projections by DEMIOS
  • Concluding Remarks
  • Bibliography
  • Index

Readership: Relevant to students and researchers in economics, statistics, policy science, and computer science. The book is unique for policy makers, analysts and practitioners of policy analysis.
Key Features:

  • A KLM (Keynes and Leontief Model) for the consistent analysis between macroeconomic variables and sectoral economic variables
  • Technical progress and its causalities are endogenized by sector in the model
  • The model named DEMIOS (Dynamic Econometric Model of Input-Output System) could make Ex-post and Ex-ante scenario simulations. The book performs both Ex-post and Ex-ante scenario simulations for examining growth alternatives of the Japanese economy
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The book describes the structure of the Keynes-Leontief Model (KLM) of Japan and discusses how the Japanese economy can overcome the long-term economic deflation that has taken place since the mid-1990s. The large-scale econometric model and its analysis have been important for planning several policy measures and examining the economic structure of a country. However, it seems that the development and maintenance of the KLM would be very costly. The book discusses how the KLM is developed and employed for the policy analyses.

Contents:

Readership: Relevant to students and researchers in economics, statistics, policy science, and computer science. The book is unique for policy makers, analysts and practitioners of policy analysis.
Key Features:

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