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OKAMURA Kazuaki
Department Hiroshima shudo University The Faculty of Economic Sciences Position Professor |
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| Language | English |
| Publication Date | 2018/03 |
| Type | Articles |
| Title | A Spatial Analysis of Regional Consumption Network Effects in Japan |
| Contribution Type | Co-Authored Publication |
| Journal | Chukyo University Institute of Economics Discussion Paper Series |
| Journal Type | Japan |
| Volume, Issue, Pages | 1706 |
| Author and coauthor | Yasuko Hinoki, Junya Masuda, Manami Ogura |
| Details | This paper uses the spatial approach to explore the regional consumption network effects in Japan. We estimate the regional-level consumption functions incorporating the effects of adjacent regions’ consumption patterns using macro data. Our findings are summarized as follows: (1) Consumption network effects among regions are present in Japan, but such effects are different across the items of consumption. (2) The intensities of the network effects are different across districts (Hokkaido and Tohoku, Kanto, Chubu, Kinki, Chugoku, Shikoku, Kyushu). We simulated the effects of an increase in income by 10,000 Yen per person in the households of a certain region on aggregate consumption and found that aggregate consumption is larger in local districts, such as Tohoku and Kyushu, than in metropolitan districts, such as Kanto, Chubu, and Kinki. |