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Abstract

Vol. 60, No. 2, pp. 97-111 (2009)

“Revision of National Income Estimates on the Tertiary Industry in Pre-war Japan -An Approach to Reexamining Long-Term Economic Statistics-”
Tokihiko Settsu (Institute of Economic Research, Hitotsubashi University)

It has been known that there are some inconsistencies in Long-Term Economic Statistics (LTES) series edited by Okawa et al. In regard to the estimates on the tertiary industry, Y. Yasuba has already pointed out that the number of labour force used for estimating total income of this industry is quite different from the one in the other volume of LTES. This paper provides new national income estimates on the tertiary industry in pre-war Japan by not only resolving this serious inconsistency on the labour force but also recalculating the per-capita income and the income of workers who have subsidiary works in this industry.