IDEAS home Printed from https://ideas.repec.org/p/tky/jseres/2014cj256.html
   My bibliography  Save this paper

"Improving Economic Statistics in order to Improve Economic Policy and Research: An Invitation" (in Japanese)

Author

Listed:
  • Yoshiro Miwa

    (Faculty of Economics, Osaka Gakuin University and Faculty of Economics, University of Tokyo)

Abstract

This paper identifies some of the principal problems in Japanese official economic statistics. It discusses how the government currently generates those numbers, and how it might begin to collect more helpful material. It invites researchers and members of the Japanese government to join in this effort to improve the collection of economic statistics. As an illustration, it compares the measurement of the total factor productivity growth index in Japan and the U.S. There is a which-came-first question about the lack of evidence-based economic policies in Japan and the poor state of statistics and statistics-based research. The low level of statistical understanding among policy makers, the media, the public, and researchers leaves interest in evidence-based policies at the low level. In turn, this lowers political support for adequate budgets for the statistics-generating sections, lowers morale among officials assigned to those sections, and depresses interest in improving the generation and design of official statistics. The vertical segmentation of the Japanese government hampers efforts to improve matters even further. Among Japanese economists, interest in empirical research has long been at a low level. This has led to low numbers both of scholars conducting empirical research, and of policy makers able to understand empirical work. In a world of multifaceted, complex, mutually dependent relationships (which is to say, in the world in which all of us live), understanding the interdependent causal chain is always hard. Understanding how to mitigate real-world problems is just as hard. This article begins the process of unraveling the reasons (the diagnosis) behind both the slow acceptance of the idea of evidence-based policies and the current state of statistical generation and usage in Japan. It suggests ways to begin to improve that situation (prescription). Improvement will not be easy. Instead, it will require a long time, an enormous investment in energy, and close cooperation among the many players involved.

Suggested Citation

  • Yoshiro Miwa, 2014. ""Improving Economic Statistics in order to Improve Economic Policy and Research: An Invitation" (in Japanese)," CIRJE J-Series CIRJE-J-256, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:jseres:2014cj256
    as

    Download full text from publisher

    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2014/2014cj256.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Emine G├╝rgen & Thomas A. Wolf, 2000. "Improving Governance and Fighting Corruption in the Baltic and CIS Countries; The Role of the IMF," IMF Working Papers 00/1, International Monetary Fund.
    2. Ruggerone, Luigi, 1996. "Unemployment and Inflationary Finance Dynamics at the Early Stages of Transition," Economic Journal, Royal Economic Society, vol. 106(435), pages 483-494, March.
    3. repec:hrv:faseco:30723290 is not listed on IDEAS
    4. Weitzman Martin L. & Xu Chenggang, 1994. "Chinese Township-Village Enterprises as Vaguely Defined Cooperatives," Journal of Comparative Economics, Elsevier, vol. 18(2), pages 121-145, April.
    5. Andrei Shleifer & Robert W. Vishny, 1991. "Reversing the Soviet Economic Collapse," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(2), pages 341-367.
    6. Shang-Jin Wei, 1997. "Gradualism versus Big Bang: Speed and Sustainability of Reforms," Canadian Journal of Economics, Canadian Economics Association, vol. 30(4), pages 1234-1247, November.
    7. Tian, Guoqiang, 2000. "Property Rights and the Nature of Chinese Collective Enterprises," Journal of Comparative Economics, Elsevier, vol. 28(2), pages 247-268, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tky:jseres:2014cj256. 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: (CIRJE administrative office). General contact details of provider: http://edirc.repec.org/data/ritokjp.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.