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Construction of Consumer Price Index for Income Classes in an Inequal Society

Research Project

Project/Area Number 15H03336
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section一般
Research Field Economic statistics
Research InstitutionOsaka University

Principal Investigator

Fukushige Mototsugu  大阪大学, 経済学研究科, 教授 (10208936)

Project Period (FY) 2015-04-01 – 2020-03-31
Project Status Completed (Fiscal Year 2019)
Budget Amount *help
¥8,710,000 (Direct Cost: ¥6,700,000、Indirect Cost: ¥2,010,000)
Fiscal Year 2019: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2018: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2017: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2016: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2015: ¥2,470,000 (Direct Cost: ¥1,900,000、Indirect Cost: ¥570,000)
Keywords経済統計学 / 指数論 / 物価指数 / 所得分配 / 高齢化社会 / 計量経済学
Outline of Final Research Achievements

In the previous research on the consumer price index, research on the consumer price facing by different income groups and family characters has been conducted individually. In this research, we propose a method to solve these two problems at the same time by going back to the viewpoint of the change of utility level.
By estimating the expenditure function by income quintile groups, we identify the effects of household head age household characters, and cohort. We also use a polynomial function to estimate the effect of overlapping cohorts. It has been clarified that it is effective to measure the household head age group based on approximation by polynomial or dummy variables. However, the linear expenditure system based on the traditional Stone=Geary type utility function is the easiest to handle. It is also clear that the problem of model selection is important for the progress of research.

Academic Significance and Societal Importance of the Research Achievements

従来の所得階層別の消費者物価の計測では所得階層別の家計が直面するインフレ率しか計測できなかったものが、同一時点での所得階層別の物価水準を比較することが可能となる。さらに代表的個人のみを想定するようなマクロ経済学の一部の分野を除き、ほぼすべての実証分析において、所得水準や消費水準の時系列データやパネル・データを扱う際に必要とされる消費や所得の実質化の方法について、従来の方法とは全く違う新たな実質化の方法を提案する研究であり、実証分析における実質化の考え方に非常に大きな変化をもたらすと研究である。

Report

(6 results)
  • 2019 Annual Research Report   Final Research Report ( PDF )
  • 2018 Annual Research Report
  • 2017 Annual Research Report
  • 2016 Annual Research Report
  • 2015 Annual Research Report
  • Research Products

    (5 results)

All 2019 2018 2017 2015

All Journal Article (4 results) (of which Int'l Joint Research: 1 results,  Peer Reviewed: 4 results,  Open Access: 1 results) Presentation (1 results) (of which Int'l Joint Research: 1 results)

  • [Journal Article] An ethical barrier to Japanese funding of microfinance institutions in developing countries2019

    • Author(s)
      Takashi Ishida and Motosugu Fukushige
    • Journal Title

      Review of Development Finance

      Volume: 9 Pages: 1-21

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed
  • [Journal Article] The Future of Demand for Food away from Home and Prepared Food: Cohort and Age Effects in Japan2019

    • Author(s)
      Soichiro Fujioka and Mototsugu Fukushige
    • Journal Title

      Journal of Agricultural & Food Industrial Organization

      Volume: 17 Issue: 1 Pages: 1-17

    • DOI

      10.1515/jafio-2017-0038

    • Related Report
      2018 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Forecasting extreme seasonal tourism demand: the case of Rishiri Island in Japan2018

    • Author(s)
      Niematallah Elamin and Mototsugu Fukushige
    • Journal Title

      Asia-Pacific Journal of Regional Science

      Volume: 2 Issue: 2 Pages: 1-10

    • DOI

      10.1007/s41685-017-0048-y

    • NAID

      40021636509

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Dissatisfaction with dwelling environments in an aging society: An empirical research for Kanto Area in Japan2015

    • Author(s)
      石川路子・福重元嗣
    • Journal Title

      Review of Urban & Regional Development Studies

      Volume: 27 Issue: 3 Pages: 149-176

    • DOI

      10.1111/rurd.12038

    • Related Report
      2015 Annual Research Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Presentation] To Be or Not To Be?: Medical Expenditure's View2017

    • Author(s)
      Kaoru Okamura and Mototsugu Fukushige
    • Organizer
      The 12th iHEA World Congress, Boston 2017
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research

URL: 

Published: 2015-04-16   Modified: 2022-11-04  

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