| Number |
CREPEDP-153 |
| Publication Date |
April 2024 |
| Title |
"Monthly Prefecture-Level GDP in Japan"
|
| Author |
Daisuke Fujii, Taisuke Nakata, and Takeki Sunakawa
|
| Abstract |
We propose a new measure of monthly prefecture-level GDP in Japan. Our measure
is derived in two steps. In the first step, we compute the production-side GDP and
expenditure-side GDP using a variety of official statistics. In the second step, we compute
the simple average of the two levels and make an adjustment to it to ensure consistency
with the official national quarterly GDP. For more recent periods when official statistics
are not available, we estimate monthly GDP using alternative data. Our monthly
prefecture-level GDP measures can be used to analyze various economic questions at
regional levels.
|
| Keywords |
prefecture-level GDP, monthly GDP, time series forecasting, alternative data,
regional economy
|
| Other information |
Paper in English (51 pages) |