Document Type
Article
Publication Date
11-2024
Department 1
Economics
Abstract
This paper evaluates the efficiency of the Japanese fiscal authority’s revenue projections using real-time data from 1960 to 2022. While their one-year-ahead projections are not efficient, their accuracy can be significantly improved by adjusting the forecasts based on the results.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Copyright Note
This is the author's version of the work. This publication appears in Gettysburg College's institutional repository by permission of the copyright owner for personal use, not for redistribution.
DOI
10.1016/j.econlet.2024.112035
ISBN/ISSN
0165-1765
Version
Preprint
Recommended Citation
Arai, Natsuki, Nobou Iizuka, and Yohei Yamamoto. 2024. "The Efficiency of the Japanese Government's Revenue Projections." Economics Letters 244. DOI: 10.1016/j.econlet.2024.112035.
Required Publisher's Statement
This is a pre-copyedited, author-produced version of an article accepted for publication in Elsevier's Economics Letters juornal following peer review. The version of record (Arai, Natsuki, Nobou Iizuka, and Yohei Yamamoto. 2024. "The Efficiency of the Japanese Government's Revenue Projections." Economics Letters 244. DOI: 10.1016/j.econlet.2024.112035.) is available online at: https://www.sciencedirect.com/science/article/pii/S0165176524005196?via%3Dihub.