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LONG‐TERM CHANGES OF CONSUMPTION EXPENDITURES IN JAPAN, 1874–1940
Author(s) -
SHINOHARA MIYOHEI
Publication year - 1967
Publication title -
the developing economies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.305
H-Index - 30
eISSN - 1746-1049
pISSN - 0012-1533
DOI - 10.1111/j.1746-1049.1967.tb00497.x
Subject(s) - consumption (sociology) , valuation (finance) , economics , personal consumption expenditures price index , term (time) , estimation , commodity , demographic economics , econometrics , actuarial science , personal income , macroeconomics , finance , social science , physics , management , quantum mechanics , sociology
In this paper we attempted to explore the long‐term changes of the level and structure of personal consulnption expenditures in pre‐war Japan, based upon our new estimates of them using the commodity flow and retail valuation methods. Ou, r estimates have not only been checked by the oflicial national income estimates, but also by family budget surveys on farm and workers' households. We believe that these checks will fortify the reliability of our estimates, and that they will provide us with a critical evaluation of the existing official estimates of consumption, thereby Inaking clear the weakness of these otficial estimates.