An analysis of the Japanese expenditure pattern: An application of a dynamic linear expenditure system to the 1961-1982 data

Kozo Sasaki and Yoshihiro Fukagawa
Additional contact information
Kozo Sasaki: Institute of Socio-Economic Planning, University of Tsukuba, Ibaraki, Japan, Postal: Institute of Socio-Economic Planning, University of Tsukuba, Ibaraki, Japan
Yoshihiro Fukagawa: Mathematical Systems Institute, Inc., Tokyo, Japan, Postal: Mathematical Systems Institute, Inc., Tokyo, Japan

Agribusiness, 1987, vol. 3, issue 1, 51-68

Abstract: We estimated a dynamic linear expenditure system for 22 subgroups of commodities using a time series of the Japanese family budget data for the last 22 years, and analyzed the factors affecting the changing demands. The proxy for changing tastes was specified as the square of time, taking into account accelerated effects of time trend on expenditures. It would reflect an acceleration of modernization in the mode of living. A demand matrix was established and the effect of changing tastes on each subgroup was measured in an annual rate of shift in demand. Policy implications of the results are discussed in some detail to obtain the long-term prospects for the supply of food commodities in particular.

Date: 1987
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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: https://EconPapers.repec.org/RePEc:wly:agribz:v:3:y:1987:i:1:p:51-68

DOI: 10.1002/1520-6297(198721)3:1<51::AID-AGR2720030106>3.0.CO;2-0

Access Statistics for this article

Agribusiness is currently edited by Ronald W. Cotterill

More articles in Agribusiness from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().