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The Change in Structure of Regional Economic Growth in Japan: Regional population aging in micro perspective

Kim Yong-Min 1

1목포대학교

Accredited

ABSTRACT

Japan has been struggled with many problems such as interaction between globalization and regionalism, aging population combined with the decreasing number of children, increasing income inequality among regions and financial crisis. Especially, low birthrate and longevity are the factors which cause social security funding and international competitiveness to the lower level. Based on the recognition above this study shows effects which aging has on economic structure. Although aging has been rapidly proceeding in Japan, each province shows different speed of aging. The purpose of this study is to analyze the structural changes in regional economic growth in those circumstances. Conclusions of the study are shown as follows: First, the relationship between economic growth rate and productivity of regional population growth rate is positive(+). It shows that aging have an impact on the regional economic growth structure. Second, even though regions in Japan show different levels of the problems in the industrial structure, the serious problems are sprung from the regions where the aging is faster. Third, while the manufacturing industry which contributed to the economic growth has been disappearing, the service industry has been growing. In short, industrial structure will be reorganized around the metropolis on account of the population aging, and the structure of the regional economic growth factor has been converted to regional factors from industry structure factor.

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