Interpolation of Japanʼs Household Consumption during World War II

Ryoji Koike

Economic Review, 2020, vol. 71, issue 4, 289-316

Abstract: This paper reconstructs a comparable series of Japanʼs household consumption in the 1940s, using historical records about household outlays and black-market transactions, and interpolating missing values in the existing statistics. Real outlay in 1945 is estimated at a little less than 50 percent compared to that in 1940, although statistics are missing for 1945. Even considering alternative estimates using other records, real outlay in 1945 is a little more than 50 percent compared to that in 1940. Thus, it is concluded that Japanʼs household consumption in 1945 declined to the level in 1875-1880.

JEL-codes: D19 E21 N35 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/70078/keizaikenkyu07104289.pdf

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Persistent link: https://EconPapers.repec.org/RePEc:hit:ecorev:v:71:y:2020:i:4:p:289-316

DOI: 10.15057/70078

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