Growth Alternatives of the Japanese Economy

ebook Structure And Simulations Of Dynamic Econometric Model With Input-output System (Demios) · Econometrics In the Information Age: Theory and Practice of Measurement

By Shuntaro Shishido

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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.

Growth Alternatives of the Japanese Economy