Input—output techniques in the Japanese econometric model

Nishimiya, R. (1985). Input—output techniques in the Japanese econometric model. In: Input-Output Modeling. Eds. Smyshlyaev, A., pp. 173-181 Berlin/Heidelberg, Germany: Springer. ISBN 978-3-662-22035-1 10.1007/978-3-662-22035-1_17.

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The energy problem is one of the most serious problems facing Japan. The greater part of Japan’s energy consumption depends on oil, but its domestic production of oil is practically zero. It is well known that before the oil crisis in 1973 Japan enjoyed a high rate of economic growth; the average growth rate of GNP during the 1960s was about 10 percent per year. After the oil crisis the growth rate of GNP has strikingly slowed down to an average of about four percent. In addition, the Japanese inflation rate was relatively moderate before the oil crisis; the average rate of change of the wholesale price index was about one percent per year. Since the oil crisis this has risen to about six percent per year.

Item Type: Book Section
Additional Information: Proceedings of the Fifth IIASA (International Institute for Applied Systems Analysis) Task Force Meeting on Input-Output Modeling Held at Laxenburg, Austria, October 4–6, 1984
Research Programs: System and Decision Sciences - Core (SDS)
Depositing User: Romeo Molina
Date Deposited: 01 Mar 2016 13:12
Last Modified: 27 Aug 2021 17:40

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