Economic Analyses Using the Overlapping Generations Model and General Equilibrium Growth Accounting for the Japanese Economy

Population, Agriculture and Economic Development

This unique book contains novel and in-depth research regarding economic development in Japan. The authors examine economic development in Japan from both theoretical and empirical perspectives. Using general equilibrium growth accounting and the overlapping generations model, they analyze the relationships between population, agriculture and the economy. The research results are unprecedented and show the effects of increased adult longevity on national savings and the effects of demographic change on the industrial structure; the push-pull effects of technical change in agricultural and non-agricultural sectors and the positive effects of population on technical change and economic development.

Contents:

• Basic Considerations in the Analysis of Economic Development
• General Equilibrium Growth Accounting for the Japanese Economy
• A Graphic Model of the Effects of Sectoral Technical Change
• Factor Mobility and Surplus Labor in the Japanese Economy
• Agricultural Surplus Labor and Growth Accounting for the Thai and Chinese Economies
• Interrelationship between Population and Economy
• A Consideration of the Positive Effects of Population
• The Effects of Adult Longevity on the National Saving Rate
• Two Demographic Dividends, Saving, and Economic Growth
• The Effect of Demographic Change on Industrial Structure

Readership: Students and researchers who are interested in Japan's economic development.
Key Features:

• First book to conduct a detailed analysis using the general equilibrium growth accounting model
• Quantitatively analyzes and graphically shows economic development in Japan during its transition from a developing country to an advanced nation