Pairwise tests of convergence of Japanese local price levels
Pairwise tests of convergence of Japanese local price levels
复制标题
日本当地价格水平收敛的成对检验
DOI:
10.1016/j.iref.2014.01.019
复制
发表时间:
2014
影响因子:
4.5
通讯作者:
Hidehiro Ikeno
中科院分区:
文献类型:
--
作者:
Hidehiro Ikeno
This research investigates the convergence of local consumer price indexes (CPIs) within Japan using a pairwise approach. Annual and monthly series of the general and disaggregated CPIs of the 47 prefecture capitals are investigated for the period 1975–2011. The hypothesis of no convergence is rejected regarding the general and disaggregated CPIs, but shares of converging pairs in all possible pairs are often limited. There is differing extent of convergence among goods and services. Further, investigation of effects of price volatility and distance on the convergence is conducted. Their results suggest the existence of transaction costs between cities.
DOI:
--
发表时间:
2007
期刊:
Journal of the Japaneseand International Economies 21(2)
影响因子:
--
作者:
Mukunoki;Hiroshi;Kentaro Tachi;椋 寛;椋 寛;松原聖;Chi-Young Choi and Kiyoshi Matsubara
通讯作者:
Chi-Young Choi and Kiyoshi Matsubara