Research On Influencing Factor Of Japan Economy Development

Japan has an important place around the world.Since the second world war,Japan has experienced the high-speed economic development,but in recent years Japan's economic speed slowdown.In the economy high-speed development period and the current relatively slowdown economic of Japan,each economic stage of development is determined by its characteristics,which depends on the promoting factors and restraining factors.Study the influence factors of Japan's economic development has practical significance.This research is of great significance for understanding the Japanese economy development situation and its future trend.It`s also provide valuable references for all countries in the world and the warning role.Study Japan's promoting factors to the economic development from four aspects of investment,consumption,export and technology.Due to the direct investment of multinational companies is not included in the national income,and in this part is quite important to Japan,its has a noticeable role to promote the development of Japan.At the same time,Japan leads the world in science,technology and education,its economic development is absolutely affected by the science and technology and education input.Japan's current economic development is restricted by various factors,mainly including five restrictive factors : the insufficient investment demand,restriction of aging,"Galapagos" in manufacturing,the government debt crisis and YEN depreciation,ruling ability and the political constraints.According to the macro economics research methods,doing respectively empirical analysis from two angles which the total supply and total demand for Japan's affecting factors in economic development.Firstly,doing analysis from the Angle of total production.Using Cobb-Douglas production function to obtain the contribution rate of capital force and labor force for economic development,the result shows that due to the diminishing marginal returns of capital and the Japanese economy long-term in a "liquidity trap",capital pull function on the Japanese economy is less than labor input pull function.Then,doing analysis from total demand.Using the national income accounting equation,estimate the contribution of the national economy from investment,consumption,net exports and government finances,these four factors of Japan has obvious role in promoting economicdevelopment.The promoting roles on the economy by the consumer and government is greater than the investment and net exports.The Japanese economy is affected by the global economic crisis of 2008,its position of the world economy in 2009 is third place.Japan has a lagged development for a long period time after the global economic crisis,added its high unemployment,deflation,industrial hollowing out,continuous YEN depreciation,Japan's "advantage of backwardness" gradually lost,Japan's economy back to the second position of the world is difficult in the future.The purpose of this paper is to analyze the current state of the world economy and the status of Japan in today's world economy.According to the existing data,summed up the Japanese unique advantages as well as the current economic development problems.By this way research the influence factors and restriction factors to the economic development of Japan.And combining with the current international environment,added in the effect of developed countries which represented by the United States and developing countries represented by China,doing simple prediction of Japanese economy in the future.