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Money Flow Business Network

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  • Kozo UEDA

Abstract

This study utilizes novel bank transaction data from business accounts to analyze inter-industry money ows and their relation to the input-output table. Results reveal a strong correlation between money ows in the bank data and physical ows in the input-output table. Further, lagged money ows from a destination industry signicantly predict current money ows, highlighting the role of supplychain connections in shaping money ow dynamics.

Suggested Citation

  • Kozo UEDA, 2025. "Money Flow Business Network," CIGS Working Paper Series 25-019E, The Canon Institute for Global Studies.
    • Handle: RePEc:cnn:wpaper:25-019e
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