| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 988302 | Structural Change and Economic Dynamics | 2011 | 10 Pages |
Abstract
⺠We define the structural break in the Japanese demand system after the bubble era. ⺠We apply the structural break test by Andrews et al. (1996) to cointegrated demand system. ⺠We define the time-series change in preference as the concept of structural break. ⺠Change for commodity prices by the decline in personal income occurred. ⺠Change regarding goods in aging effect with improving of living standards occurred.
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Authors
Manami Ogura,