A history of Japanese developments in econometrics

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

In Japan the systematic collection of economic data, including the prices of such commodities as rice, started for policy purposes in the sixteenth century. Yet such external impacts as the Tokyo meeting of the International Statistical Institute (1930) and the visit of two founding members of the Econometric Society (established 1930) to Japan were instrumental in promoting statistical studies and inspiring Japanese students to study abroad. Eiichi Sugimoto was trained in Berlin and drew a shifting demand curve for rice over time in a three-dimensional space in 1935. After World War II, Shinichi Ichimura, Michio Hatanaka, and Takeshi Amemiya were trained in the United States and introduced to empirical studies. Ichimura became responsible for building macroeconometric models and input-output tables for the Japanese and other East Asian economies. Hatanaka and Amemiya contributed to a more advanced econometrics thanks to the abundant use of U.S. economic data.

Original languageEnglish
Pages (from-to)188-210
Number of pages23
JournalHistory of Political Economy
Volume43
Issue numberSUPPL. 1
DOIs
Publication statusPublished - 2011

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History
Economics
Japan
Economic data
Econometrics
Commodities
Empirical Study
Economy
Founding
Second World War
Japanese Students
Study Abroad
Three-dimensional
Tokyo
Asia
Study abroad
Macroeconometric model
Empirical study
Demand curve
Input-output table

ASJC Scopus subject areas

  • Economics and Econometrics
  • History

Cite this

A history of Japanese developments in econometrics. / Ikeo, Aiko.

In: History of Political Economy, Vol. 43, No. SUPPL. 1, 2011, p. 188-210.

Research output: Contribution to journalArticle

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