Growth alternative of the Japanese economy : structure and simulations of dynamic econometric model with input-output system (DEMIOS)

Bibliographic Information

Growth alternative of the Japanese economy : structure and simulations of dynamic econometric model with input-output system (DEMIOS)

Shuntaro Shishido, Osamu Nakamura

(Econometrics in the information age : theory and practice of measurement, v. 7)

World Scientific, c2019

Other Title

Growth alternatives of the Japanese economy : structure and simulations of dynamic econometric model with input-output system (DEMIOS)

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Note

Bibliography: p. 173-174

Includes index

Description and Table of Contents

Description

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.

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