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Title: Measuring Regional Wealth and Assessing Sustainable Development: An Application to a Disaster-Torn Region in Japan
Authors: Yamaguchi, Rintaro  KAKEN_id
Sato, Masayuki
Ueta, Kazuhiro  kyouindb  KAKEN_id
Author's alias: 山口, 臨太郎
植田, 和弘
Keywords: Inclusive wealth
Sustainable development
Genuine savings
Disaster reconstruction
Population change
Issue Date: 2016
Publisher: Springer Netherlands
Journal title: Social Indicators Research
Abstract: We construct a regional comprehensive wealth as an indicator of sustainability in Miyagi Prefecture, Japan. Of particular interest is the change in wealth before and after a natural disaster, since the index could serve as a benchmark of investment into post-disaster reconstruction. We first discuss an optimum spatial unit of wealth accounting and sustainability analysis. The resultant regional wealth index had already been slightly declining during the 2000s due to stagnant investment into capital assets, oil capital loss, and budget deficit burden, until a natural disaster made the region significantly unsustainable. This wealth trend also differs from what emerges from the figures in Inclusive Wealth Report 2012. Including population decrease makes the wealth per capita look better, whose interpretation warrants caution due to the neglected forward-looking demographic change in a developed nation.
Description: First online: 24 September 2015
Rights: The final publication is available at Springer via http://dx.doi.org/10.1007/s11205-015-1106-3.
The full-text file will be made open to the public on 24 September 2016 in accordance with publisher's 'Terms and Conditions for Self-Archiving'.
This is not the published version. Please cite only the published version. この論文は出版社版でありません。引用の際には出版社版をご確認ご利用ください。
URI: http://hdl.handle.net/2433/205681
DOI(Published Version): 10.1007/s11205-015-1106-3
Appears in Collections:Journal Articles

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