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- W1982438488 abstract "The aims of this paper are two: to define the structural break in the Japanese demand system after the bubble era and to apply the structural break test developed by Andrews et al. (1996) within the framework of the cointegrated demand system. Our test results reject the null hypothesis of no structural break for March 1994 and then demonstrate the structural break after the bubble era. We define the concept of structural break as the time-series change in preference having the following two aspects: the change in preference for commodity prices by the decline in personal income and the change in preference regarding goods in the course of aging effect, with the improvement of living standards." @default.
- W1982438488 created "2016-06-24" @default.
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- W1982438488 date "2011-09-01" @default.
- W1982438488 modified "2023-09-25" @default.
- W1982438488 title "Testing for structural break in Japanese demand system after the bubble era" @default.
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- W1982438488 doi "https://doi.org/10.1016/j.strueco.2011.03.003" @default.
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