A History of Japanese Developments in Econometrics

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

Classical economics · Econometric model · Econometrics · Economics · Economy · Geography · Political science · Regional science · World War II · Agricultural Economics and Policy · Economics of Agriculture and Food Markets · Law · Monetary Policy and Economic Impact

• The general theory of employment, interest, and money

  John Maynard Keynes•The general theory of employment,…•1991

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• The growth rate of the Japanese economy since 1878.

  Kazushi Ohkawa•The growth rate of the Japanese…•1957

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• The structure of American economy, 1919-1939

  Wassily W Leontief•The structure of American…•1976

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• Regression Analysis when the Dependent Variable Is Truncated Normal

  Takeshi Amemiya•Econometrica•1973

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• The Probability Approach in Econometrics

  Trygve Haavelmo•Econometrica•1944

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• Estimation of Relationships for Limited Dependent Variables

  James Tobin•Econometrica•1958

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• Macroeconomics and Reality

  Christopher A Sims•Econometrica•1980

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• Japanese modern economics, 1930-1945

  Aiko Ikeo•PERSPECTIVES ON THE HISTORY OF…•1993

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• A Model of Japanese Economic Growth, 1878-1937

  Lawrence R Klein•Econometrica•1961

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• Spectral Analysis of Economic Time Series

  J D Sargan, Clive W J Granger et al.•Economica•1966

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• Surveys in Applied Economics

  Alan Brown, Angus Deaton•The Economic Journal•1972

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• The Econometric Analysis of Time Series

  Grayham E Mizon, A C Harvey•The Economic Journal•1983

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• The Internationalization of Economics in Japan

  Aiko Ikeo•History of Political Economy•1996

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