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The Impact of Demographics on Productivity and Inflation in Japan / / Niklas Westelius, Yihan Liu



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Autore: Westelius Niklas Visualizza persona
Titolo: The Impact of Demographics on Productivity and Inflation in Japan / / Niklas Westelius, Yihan Liu Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2016
Descrizione fisica: 1 online resource (19 pages) : illustrations (some color), graphs, tables
Disciplina: 304.60952
Soggetto topico: Demography - Japan
Industrial productivity - Japan
Inflation
Labor
Production and Operations Management
Demography
Price Level
Deflation
Demographic Trends, Macroeconomic Effects, and Forecasts
Economics of the Elderly
Economics of the Handicapped
Non-labor Market Discrimination
Production
Cost
Capital and Total Factor Productivity
Capacity
Labor Standards: Labor Force Composition
Population & demography
Macroeconomics
Population & migration geography
Labour
income economics
Aging
Total factor productivity
Population growth
Labor force participation
Population and demographics
Prices
Population aging
Industrial productivity
Population
Labor market
Income economics
Soggetto geografico: Japan
Altri autori: LiuYihan  
Nota di bibliografia: Includes bibliographical references.
Sommario/riassunto: Is 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.
Titolo autorizzato: The Impact of Demographics on Productivity and Inflation in Japan  Visualizza cluster
ISBN: 1-4755-6959-9
1-4755-6965-3
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910162943803321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2016/237