Monthly Prefecture-Level GDP in Japan

Daisuke Fujii, Taisuke Nakata and Takeki Sunakawa
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Daisuke Fujii: RIETI
Taisuke Nakata: University of Tokyo
Takeki Sunakawa: Hitotsubashi University

No CARF-F-582, CARF F-Series from Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo

Abstract: We propose a new measure of monthly prefecture-level GDP in Japan. Our measure is derived in two steps. In the first step, we compute the production-side GDP and expenditure-side GDP using a variety of official statistics. In the second step, we compute the simple average of the two levels and make an adjustment to it to ensure consistency with the official national quarterly GDP. For more recent periods when official statistics are not available, we estimate monthly GDP using alternative data. Our monthly prefecture-level GDP measures can be used to analyze various economic questions at regional levels.

Pages: 51
Date: 2024-04
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Persistent link: https://EconPapers.repec.org/RePEc:cfi:fseres:cf582

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