An Input-output Analysis of Impact of Voluntary Self-restraint on the Recreation Industries
We quantified the impact of the decreased recreation demand caused by voluntary self-restraint following the Great East Japan Earthquake. We assumed an exogenous 10% reduction of the private consumption demand for three recreation industries experiencing decrease in demand due to “self-restraint”: amusement and recreational services, eating and drinking places, and accommodations. We used a simple input-output model and found that their decline would reduce agriculture, fishery and related manufacturing sector output by about 2% and that of electricity, gas supply, water supply and waste management service by at most 1% through the input-output linkages.
|Date of creation:||May 2011|
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Web page: http://www.grips.ac.jp/r-center/en/discussion_papers/
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