Research

Typhoon No. 21 influence on the Kansai economy

Typhoon No. 21 has caused severe damage to the Kansai region. Kansai International Airport (KIX) has suffered from unforeseen flooding of Runway A (Terminal 1 side) and Apron, a tanker colliding into the airport access bridge, etc. It is necessary to show respect to those working hard day and night in order to speed up the reopening process of the airport.

The Kansai economy is benefitting from 2 types of export: the so-called service export of inbound tourism (inbound consumption is classified as service export in statistics), and the export of electronic components and devices, both of which go through the KIX, which is an arterial infrastructure of the Kansai and the Japanese economy.

Even a 1-day early recovery will help to keep these benefits. Considering all the caused damage, it still remains unknown as to when the airport will function as per usual again. Currently, it is crucial to gather all the information about what effect the damage will have on the Kansai economy and how important it is to reopen the early at full scale.

関連論文

  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 111 (July 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    – Kansai’s economy is expected to keep improving.

    Consumption is expected to pick up moderately, but rising prices might exert downward pressure –

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy Monthly Forecast (June 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2022 Q2 is an annualized +0.7%.

    ▶ We forecast a GDP deflator of -1.1% QoQ in 2022 Q2.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 110 (June 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    – Kansai’s economy is expected to keep improving.

    As China’s economy is slowing down, domestic service spending is expected to drive recovery.-

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy Monthly Forecast (May 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2022 Q2 is an annualized -0.4%.

    ▶ We forecast a GDP deflator of -1.3% QoQ in 2022 Q2.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Quarterly No.59

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Quarterly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Overseas factors casting a shadow on the normalization of economic activity.

    China’s zero-COVID policy will have a major impact on Kansai’s economy.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy: Analysis and Forecasts, No.138

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Quarterly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    China’s zero-covid policy, high oil prices, and the weak yen pose risks to Japan’s economic recovery

    – Real GDP growth forecast: +1.9% in FY2022, +1.7% in FY2023 –

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 109 (May 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    – Latest indicators suggest an improvement in Kansai’s economic outlook

    Consumption expected to recover, but slowdown in China poses risks-

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 108 (April 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    – Current and future outlook: Kansai’s economy is at a phase change.

    The deteriorating international situation poses risks

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Japanese Economy Monthly Forecast (April 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(JP)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    Forecast updates

    ▶ Our forecast for Japan’s real GDP growth in 2022 Q1 is an annualized -3.2%.

    ▶ We forecast a GDP deflator of +0.4% QoQ in 2022 Q1.

    Download the full report for a detailed analysis.

    PDF
  • INADA, Yoshihisa

    Kansai Economic Insight Monthly Vol. 107 (March 2022)

    Asia Pacific Economic Forecast

    Asia Pacific Economic Forecast » Monthly Report(Kansai)

     / DATE : 

    AUTHOR : 
    INADA, Yoshihisa / KARAVASILEV, Yani

    ABSTRACT

    –  Current and future outlook for Kansai’s economy remains at a phase change  –

    The international situation and high oil prices pose risks

    Download the full report for a detailed analysis.

    PDF