Fast Facts on Japan fs R&D Investment in the Tankan: Uncovering Data Trends and Patterns

Ayako Masujima and Kazuaki Washimi
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Ayako Masujima: Bank of Japan
Kazuaki Washimi: Bank of Japan

No 23-E-1, Bank of Japan Review Series from Bank of Japan

Abstract: The Bank of Japan has recorded R&D investment in its Tankan since the March 2017 survey. As the R&D data have been collected for several years now, this report aims to provide a snapshot of data trends and patterns for users. Compared to other well-known R&D statistics, the Tankan asks annual projections and makes it possible to conduct a comparison across items and cross tabulation with the same sample. In fact, data analysis suggests that (1) large manufacturing firms stand out in their R&D share and R&D implementation rate, and (2) revisions for annual projections of R&D investment are smaller than those of fixed investment, which cannot be necessarily quantified with the existing statistics. Going forward, more in-depth analysis would be expected to be made possible as the data set grows.

Keywords: R&D; Investment; Business cycles (search for similar items in EconPapers)
JEL-codes: E22 E32 O31 (search for similar items in EconPapers)
Date: 2023-01-25
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