Yamashita, Takayuki, "A System Dynamics Approach to the Regional Macro-economic Model", 2011 July 24-2011 July 28

ua435

The advent of a depopulating society has become apparent in Japanese economy. There is a rising concern that a declining population diminishes Japanese economic growth. This concern is much more significant in regional economies, in which aging workers in the basic industry or an excessive population decline have been longstanding problems, than the national economy. I have developed a quantitative method for population and economic forecasting to examine the current status of a declining population. Linking the population estimates, which are consistent with the population census, to the macroeconomic model with gross domestic product by industry, we are able to examine the effect of a depopulating society on the regional economy. The simulation of this model reveals following future pictures: industries, which are dependent on domestic demand, will decline and per capita income will increase for the while. A declining population has an impact not only on macroeconomic outcomes but also on microeconomic aspects inside the region. Many core areas in the economic growth are losing their positions. I will also point out that the interdependency between core areas and peripheral areas has started changing.

This is the whole item.

Date created
  • 2011 July 24-2011 July 28
Type
Processing Activity License

ITEM CONTEXT

Part of

28441c340962a2b363963713d1bba533

Scope and Contents
Part of

e35e9d46c0556df862a8fbb9e32d2143

Scope and Contents
Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents
Collection

System Dynamic Society Records

Scope and Contents
Collecting area

Elementi