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GROWTH ALTERNATIVES OF THE JAPANESE ECONOMY

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

Osamu Nakamura, Shuntaro Shishido

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World Scientific Publishing Company img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft

Beschreibung

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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