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...