東海地域における景気動向--東海三県の特性把握

概要

論文の詳細を見る
The growth indexes for industrial production, individual consumption, and the employment market in the Tokai region were powerfully recovered in the 2000s. The Tokai region is a leading area in the manufacturing industry of Japan. This paper examines the factors that determine business cycle fluctuations in three prefectures of the Tokai region, Aichi, Gifu, and Mie, and compares their regional characteristics. First, we compare the business cycle of the three Tokai prefectures in regards to turning point and duration based on DI (diffusion index) and CI (composite index). In addition, we show that three characteristics, the annual percentage rates of the real GDP, gross prefectural production, and the monthly percentage index of industrial production and index of overtime working hours, have a strong effect on the business cycle. Furthermore, the growth rate in the index of industrial production impacts on the duration of expansion. Second, we examine the factors that cause business cycle fluctuations in the three Tokai prefectures. The level of the peaks and troughs in business cycles fluctuate according to the capital composition of corporations. We measured the economic impacts of industrial compositions of each prefecture by factor analysis.JEL Classification: E32, L11, R11, R15
日本地域学会の論文