Purpose: The purpose of this paper is to examine the long-term relationship between farm size and productivity in China at the national level. Design/methodology/approach: In contrast to the micro-data examination conducted by earlier literature, in this study, the authors use household...

The present study examines the characteristics of the business cycle in the Japanese economy by using the Hodrick-Prescot filter, concluding that a change in consumption is relatively large and that labour input is ficed in Japan. Fluctuating consumption supports a permanent income hypothesis in...

This paper has two purposes: it introduces the econometric methods used to analyze time series data with general frequency and presents a framework for analyzing economic variables that are measured daily; this special case is then applied to the trading volume of stock markets.