Income Distribution And Economic Growth Of Japan Under The Deflationary Economy: Theory And Evidence Based On An Econometric Analysis

Income Distribution And Economic Growth Of Japan Under The Deflationary Economy: Theory And Evidence Based On An Econometric Analysis
Author: Osamu Nakamura
Publisher: World Scientific
Total Pages: 270
Release: 2013-03-25
Genre: Business & Economics
ISBN: 9814436178

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The Japanese economy has experienced a structural deflationary gap since the mid-1970s. Although the gap was decreasing in the bubble period, the deflationary economy has become more serious since the bursting of the bubble. Accordingly, this book attempts to examine the causes of the Japanese deflationary economy, characterized as a structural deflation and discusses how to alleviate the prolonged slowdown in order to restore Japan to a trajectory of high economic growth, with a special focus on the function of income distribution. In addition, not only income distribution flows but also accumulation of assets and debts in the household sector are taken into account for improving the prolonged economic stagnation of Japan by employing an econometric analysis with modeling and forecasting techniques. Furthermore, this book makes a long-term forecast of the Japanese economy, up to the fiscal year 2030, with policy scenario simulations in order to capture the long-term growth path of the Japanese economy and to analyze the effects of alternative policies on the economy.

Income Distribution and Economic Growth of Japan Under the Deflationary Economy

Income Distribution and Economic Growth of Japan Under the Deflationary Economy
Author: Osamu Nakamura
Publisher: World Scientific
Total Pages: 270
Release: 2013
Genre: Business & Economics
ISBN: 981443616X

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This book examines the causes of the Japanese deflationary economy, characterized as a structural deflation, and discusses how to alleviate the prolonged slowdown in order to restore Japan to a trajectory of high economic growth, with a special focus on the function of income distribution.

Growth Alternatives Of The Japanese Economy: Structure And Simulations Of Dynamic Econometric Model With Input-output System (Demios)

Growth Alternatives Of The Japanese Economy: Structure And Simulations Of Dynamic Econometric Model With Input-output System (Demios)
Author: Shuntaro Shishido
Publisher: World Scientific
Total Pages: 200
Release: 2019-02-27
Genre: Business & Economics
ISBN: 9813278234

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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.

Disasters and Economic Recovery

Disasters and Economic Recovery
Author: Davia C. Downey
Publisher: Routledge
Total Pages: 185
Release: 2021-07-05
Genre: Architecture
ISBN: 1000399443

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Disasters and Economic Recovery provides perspectives on the economic issues that emerge before, during, and after natural disasters in an international context, by assessing the economic development patterns that emerge before and after disaster. This book will provide a historical overview of emergency management policy and previous responses to disasters in each country, as well as the policy learning that occurred in each case leading up to the disasters under analysis. The book highlights four cases: New Orleans; Christchurch, New Zealand; the Japan earthquake and tsunami; and Hurricane Sandy in the Northeastern United States. The book places important focus on the specific collaborative developments unique to the rebuilding of each place’s economy post-disaster. Using time-series data, the book shows the emergence of new industries and job hiring patterns in the immediate aftermath, as well as provides a picture of the economic performance of each country in the years following each event. Looking at the economic development policies pre- and post-disaster, readers will glean important lessons on how to build resilient economies within the disaster framework, highlighting the differences in approaches to rebuilding local economies in places with varying levels of governmental capacity post-disaster to inform policymakers, scholars, and the disaster relief community as they plan their response to future disasters.

New Evidence on Income Distribution and Economic Growth in Japan

New Evidence on Income Distribution and Economic Growth in Japan
Author: Masako Oyama
Publisher:
Total Pages: 24
Release: 2014
Genre:
ISBN:

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This research uses Japanese prefectural panel data to empirically analyze how income distribution affects economic growth. The Gini indices, income share of the third quintile and the ratio of the income share of the top decile and the 5th decile show that income inequality had negative effects on growth in the system GMM estimations.

Economic Analyses Using The Overlapping Generations Model And General Equilibrium Growth Accounting For The Japanese Economy: Population, Agriculture And Economic Development

Economic Analyses Using The Overlapping Generations Model And General Equilibrium Growth Accounting For The Japanese Economy: Population, Agriculture And Economic Development
Author: Mitoshi Yamaguchi
Publisher: World Scientific
Total Pages: 355
Release: 2014-05-29
Genre: Business & Economics
ISBN: 9814571504

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This unique book contains novel and in-depth research regarding economic development in Japan. The authors examine economic development in Japan from both theoretical and empirical perspectives. Using general equilibrium growth accounting and the overlapping generations model, they analyze the relationships between population, agriculture and the economy. The research results are unprecedented and show the effects of increased adult longevity on national savings and the effects of demographic change on the industrial structure; the push-pull effects of technical change in agricultural and non-agricultural sectors and the positive effects of population on technical change and economic development.

Equity and Poverty Under Rapid Economic Growth

Equity and Poverty Under Rapid Economic Growth
Author: Toshiyuki Mizoguchi
Publisher:
Total Pages: 264
Release: 1984
Genre: Income distribution
ISBN:

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Economic analysis of the impact of rapid economic growth on income distribution and poverty in Japan - reviews post-war agricultural income, non-agricultural income and income disparity among merchants, skilled worker, households and industrial workers; studies asset holdings, land tenure and difference in wealth; compares housing conditions in Korea R, Taiwan, China, Hong Kong and Japan; analyses consumption patterns, educational expenditure, health service, social security and poverty level by stages of economic development. Bibliography, statistical tables.

Confronting Income Inequality in Japan

Confronting Income Inequality in Japan
Author: Toshiaki Tachibanaki
Publisher: MIT Press (MA)
Total Pages: 256
Release: 2005
Genre: Business & Economics
ISBN:

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Discusses the evolution over the past hundred years and the causes of the increasing income inequalities. Analyses the effect of intergenerational transfer on wealth distribution. Comprises comparisons with other OECD countries and offers policy recommendations to counter the trend.

How Does Income Distribution Affect Economic Growth? -Evidence from Japanese Prefectural Data-

How Does Income Distribution Affect Economic Growth? -Evidence from Japanese Prefectural Data-
Author: Masako Oyama
Publisher:
Total Pages: 17
Release: 2014
Genre:
ISBN:

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This paper uses Japanese prefectural panel data to analyze how income distribution affects economic growth. In the fixed effects and the GMM estimations, the income share of the third quintile has positive and statistically significant effects on five-year economic growth rates. On the other hand, the Gini indices have positive and statistically significant effects on both of the five-year and ten-year economic growth rates in the fixed effects estimations, and negative effect on the five-year growth rate in the GMM once. These results can be explained with the modified median voter theory.