The Application of the Economic Leakage Model (ELM) in Japan from 1964 to 2014

Posted: 9 Jan 2015

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: January 7, 2015

Abstract

This paper is interested to apply the Economic Leakage Model (ELM) to Japan from 1964 to 2014 (50 years). The central objective of this paper is to set forth a model – the Economic Leakage Model (Ŀ) – to evaluate the impact of 20 different leaking that can affect directly or indirectly on the GNP growth performance. The model is based on five basic indicators – (i) maximum potential economic growth rate (Þ); (ii) the post-leaking economic growth rate (Ŀ); (iii) the economic desgrowth rate (-δ); (iv) the marginal economic Desgrowth rate (-δ’); (v) and the economic mass (μ). In addition, we apply the Economic Leakage Model (ELM) on the Japanese economy.

Keywords: Economic Desgrowth, Economic Modeling, Japan

JEL Classification: Q54, O40

Suggested Citation

Ruiz Estrada, Mario Arturo, The Application of the Economic Leakage Model (ELM) in Japan from 1964 to 2014 (January 7, 2015). Available at SSRN: https://ssrn.com/abstract=2546634

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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