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Quaternary sector and Economic Development in Japan: A Causal Analysis
Authors: Mallick Jagannath
Year: 2015
Type of publication: článek v odborném periodiku
Name of source: Scientific Papers of the University of Pardubice - Series D, Faculty of Economics and Administration
Publisher name: Univerzita Pardubice
Place: Pardubice
Page from-to: 101-110
Titles:
Language Name Abstract Keywords
cze Quaternary sector and Economic Development in Japan: A Causal Analysis There is no study on the linkage between the quaternary sector and economic development. The present study contributes to the existing literature by analysing the patterns of development of quaternary sector and its implication to the economic development and growth in Japan over the periods 1970-2008. The study uses disaggregated data from Japanese Industrial Productivity database, and multivariate VAR method for the empirical analysis. The findings show a significant role of quaternary activities in the development of Japan economy. The evolution of development of quaternary sector is mainly due to the development of activities of security and care. Also there is bidirectional causality between the quaternary sector and the economic development in Japan. Quaternary sector is very crucial for the economic development and growth. Hence, the practicable measures should be taken to accelerate the development of quaternary sector. quaternary services, economic development, causal effect, multivariate VAR
eng Quaternary sector and Economic Development in Japan: A Causal Analysis There is no study on the linkage between the quaternary sector and economic development. The present study contributes to the existing literature by analysing the patterns of development of quaternary sector and its implication to the economic development and growth in Japan over the periods 1970-2008. The study uses disaggregated data from Japanese Industrial Productivity database, and multivariate VAR method for the empirical analysis. The findings show a significant role of quaternary activities in the development of Japan economy. The evolution of development of quaternary sector is mainly due to the development of activities of security and care. Also there is bidirectional causality between the quaternary sector and the economic development in Japan. Quaternary sector is very crucial for the economic development and growth. Hence, the practicable measures should be taken to accelerate the development of quaternary sector. quaternary services, economic development, causal effect, multivariate VAR

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