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ID 44387
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Title Alternative
Framework of Multi-sectoral Econometric Model of China-Japan Economic Relations - Focusing on building China’s multi-sectoral model -
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Abstract
This research aims to clearly illustrate the economic growth and changes in the industrial structures of both China and Japan, as well as the dependence relationship between the two countries and the impact that their trade and foreign direct investment (FDI) have on their respective economies. It also intends to develop a multisectoral econometric model of China-Japan economic relations designed to work out policy simulations and future prospects. In traditional multi-sectoral econometric models, approaches have been adopted in such a manner that makes the macro-econometric model of each country multi-sectoral under the framework of inputoutput analysis, making such a multi-sectoral econometric model duly linked by means of the international trade model. This research is based on the understanding that an international input-output table can describe the dependence relationship of each country most commensurately, and therefore attempts the method from the start where the macro-econometric model of each country should be made multi-sectoral under the framework of international input-output analysis. In addition, many earlier studies have estimated time-series information such as input coefficients or expenditure coefficients of final demand by implementing various measures based on the information from a nation's input-output table as of a specific point in time or as of the bench mark year. In this research, we intend to establish time-series China-Japan international input-output tables by means of Economate I-O and later utilize the original database. Furthermore, in this research that aims to develop a China-Japan multi-sectoral econometric model, because the accumulation of research achievements on China lags far behind when compared to Japan, we are going to examine, on a priority basis, the theoretical framework and equation of the models, primarily focusing on China’s multi-sectoral model.
Note
論説 (Article)
Published Date
2011-03-18
Publication Title
岡山大学経済学会雑誌
Publication Title Alternative
Okayama Economic Review
Volume
volume42
Issue
issue4
Publisher
岡山大学経済学会
Publisher Alternative
The Economic Association of Okayama University
Start Page
17
End Page
39
ISSN
0386-3069
NCID
AN00032897
Content Type
Journal Article
language
日本語
Copyright Holders
Copyright © 2011 岡山大学経済学会
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Refereed
True
Eprints Journal Name
oer