Recent Trends in Consumption in Japan and the Other Group of Seven (G7) Countries
In this paper, we present data on recent trends in private consumption and in possible determinants of private consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of Seven (G7) countries and find that there has been significant variability among the G7 countries not only in their private consumption growth rates but also in the determinants of private consumption growth during the 2002-07 period. With respect to Japan, we find that private consumption has been relatively stagnant during the 2002-07 period and that the stagnation of private consumption has been due to the stagnation of household income and of household wealth and the relative stability of the household saving rate.
|Date of creation:||Dec 2012|
|Contact details of provider:|| Postal: 6-1 Mihogaoka, Ibaraki, Osaka 567-0047|
Web page: http://www.iser.osaka-u.ac.jp/index-e.html
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Charles Yuji Horioka & Akiko Terada-Hagiwara, 2011.
"The Determinants and Long-term Projections of Saving Rates in Developing Asia,"
NBER Working Papers
17581, National Bureau of Economic Research, Inc.
- Horioka, Charles Yuji & Terada-Hagiwara, Akiko, 2012. "The determinants and long-term projections of saving rates in Developing Asia," Japan and the World Economy, Elsevier, vol. 24(2), pages 128-137.
- Charles Yuji Horioka & Akiko Terada-Hagiwara, 2011. "The Determinants and Long-term Projections of Saving Rates in Developing Asia," ISER Discussion Paper 0821, Institute of Social and Economic Research, Osaka University.
- Charles Yuji Horioka, 2006.
"The Causes of Japan's "Lost Decade": The Role of Household Consumption,"
NBER Working Papers
12142, National Bureau of Economic Research, Inc.
- Horioka, Charles Yuji, 2006. "The causes of Japan's `lost decade': The role of household consumption," Japan and the World Economy, Elsevier, vol. 18(4), pages 378-400, December.
- Charles Yuji Horioka, 2006. "The Causes of Japan's 'Lost Decade': The Role of Household Consumption," ISER Discussion Paper 0661, Institute of Social and Economic Research, Osaka University.
When requesting a correction, please mention this item's handle: RePEc:dpr:wpaper:0861. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fumiko Matsumoto)
If references are entirely missing, you can add them using this form.