Economics at your fingertips  

Regional inflation, spatial locations and the Balassa-Samuelson effect: Evidence from Japan

Jun Nagayasu ()

Urban Studies, 2017, vol. 54, issue 6, 1482-1499

Abstract: We empirically analyse regional inflation using data from Japan where there is no regulation to impede the free movement of labour, capital, goods and services across regions. In particular, our analysis will focus on the geographical location of regions and the productivity (known as the Balassa-Samuelson (BS)) effect as explanations for the dynamics of regional inflation. Based on a spatial model which is consistent with the theoretical specification of the BS, we have confirmed that, while it is a relatively small country in terms of land area, both spatial location and productivity are important determinants of regional inflation.

Keywords: Balassa-Samuelson effect; regional inflation; spatial econometric models; transaction costs (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Urban Studies from Urban Studies Journal Limited
Bibliographic data for series maintained by SAGE Publications ().

Page updated 2019-10-13
Handle: RePEc:sae:urbstu:v:54:y:2017:i:6:p:1482-1499