LEADER 04343oam 22011534 450 001 9910162943803321 005 20230808201449.0 010 $a1-4755-6965-3 035 $a(CKB)3710000001045036 035 $a(MiAaPQ)EBC4800291 035 $a(IMF)WPIEA2016237 035 $a(EXLCZ)993710000001045036 100 $a20020129d2016 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 14$aThe Impact of Demographics on Productivity and Inflation in Japan /$fNiklas Westelius, Yihan Liu 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (19 pages) $cillustrations (some color), graphs, tables 225 1 $aIMF Working Papers 311 $a1-4755-5971-2 320 $aIncludes bibliographical references. 330 3 $aIs Japan?s aging and, more recently, declining population hampering growth and reflation efforts? Exploiting demographic and economic variation in prefectural data between 1990 and 2007, we find that aging of the working age population has had a significant negative impact on total factor productivity. Moreover, prefectures that aged at a faster pace experienced lower overall inflation, while prefectures with higher population growth experienced higher inflation. The results give strong support to the notion that demographic headwinds can have a non-trivial impact on total factor productivity and deflationary pressures. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2016/237 606 $aDemography$zJapan 606 $aIndustrial productivity$zJapan 606 $aInflation$2imf 606 $aLabor$2imf 606 $aProduction and Operations Management$2imf 606 $aDemography$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aDemographic Trends, Macroeconomic Effects, and Forecasts$2imf 606 $aEconomics of the Elderly$2imf 606 $aEconomics of the Handicapped$2imf 606 $aNon-labor Market Discrimination$2imf 606 $aProduction$2imf 606 $aCost$2imf 606 $aCapital and Total Factor Productivity$2imf 606 $aCapacity$2imf 606 $aLabor Standards: Labor Force Composition$2imf 606 $aPopulation & demography$2imf 606 $aMacroeconomics$2imf 606 $aPopulation & migration geography$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aAging$2imf 606 $aTotal factor productivity$2imf 606 $aPopulation growth$2imf 606 $aLabor force participation$2imf 606 $aPopulation and demographics$2imf 606 $aPrices$2imf 606 $aPopulation aging$2imf 606 $aIndustrial productivity$2imf 606 $aPopulation$2imf 606 $aLabor market$2imf 607 $aJapan$2imf 615 0$aDemography 615 0$aIndustrial productivity 615 7$aInflation 615 7$aLabor 615 7$aProduction and Operations Management 615 7$aDemography 615 7$aPrice Level 615 7$aDeflation 615 7$aDemographic Trends, Macroeconomic Effects, and Forecasts 615 7$aEconomics of the Elderly 615 7$aEconomics of the Handicapped 615 7$aNon-labor Market Discrimination 615 7$aProduction 615 7$aCost 615 7$aCapital and Total Factor Productivity 615 7$aCapacity 615 7$aLabor Standards: Labor Force Composition 615 7$aPopulation & demography 615 7$aMacroeconomics 615 7$aPopulation & migration geography 615 7$aLabour 615 7$aincome economics 615 7$aAging 615 7$aTotal factor productivity 615 7$aPopulation growth 615 7$aLabor force participation 615 7$aPopulation and demographics 615 7$aPrices 615 7$aPopulation aging 615 7$aIndustrial productivity 615 7$aPopulation 615 7$aLabor market 676 $a304.60952 700 $aWestelius$b Niklas$01449380 701 $aLiu$b Yihan$01377331 801 0$bDcWaIMF 906 $aBOOK 912 $a9910162943803321 996 $aThe Impact of Demographics on Productivity and Inflation in Japan$93647624 997 $aUNINA