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Impact of Population Aging on Japanese International Travel

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  • James Mak

    ()
    (Department of Economics, University of Hawaii at Manoa)

  • Lonny Carlile

    (Center for Japanese Studies, University of Hawaii at Manoa)

  • Sally Dai

    ()
    (East-West Center)

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    Abstract

    In this paper we forecast Japanese international travel to 2025. In addition to the usual economic variables, our model also captures both population aging and cohort effects on Japanese travel abroad. We predict the number of future Japanese overseas trips for males and females separately by five-year age groups and in five-year increments. We conclude that the Japanese will continue to travel abroad in increasing numbers but population aging will dramatically slow overall future Japanese overseas travel. While the number of “senior” travelers is predicted to increase sharply, we foresee fewer overseas trips taken by Japanese, especially among women, in the 20s and early 30s age groups. Finally, we examine the responses of the industry and the public sector in Japan to implications of a rapidly aging population on future international travel

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    File URL: http://www.economics.hawaii.edu/research/workingpapers/WP_04-8.pdf
    File Function: First version, 2004
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    Bibliographic Info

    Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 200408.

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    Length: 41 pages
    Date of creation: 2004
    Date of revision:
    Handle: RePEc:hai:wpaper:200408

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