Researchers
IDA, DaisukeAs of Apr 2019
本研究者は以前に在籍されていた、または研究活動に関わっていた方です。
Research Projects & Papers
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Development of a Regional DSGE Model in Japan: Empirical Evidence of Economic Stagnation in the Kansai Economy
Discussion Papers
Discussion Paper » Discussion Paper
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ABSTRACT
Using a dynamic stochastic general equilibrium model, this study empirically examines Japan’s Kansai Region to ascertain causes of its long-run economic stagnation. Simulations and the empirical investigation demonstrate that stagnant private residential and equipment investments and productivity persistency are structural problems responsible for Kansai’s unique economic fluctuations.