Works - NOMURA Koji

Multilateral Energy Cost Monitoring (ECM_202412)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.12

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through September 2024, RUEC (real unit energy cost) through Q3 2024 (forecast is through Q2 2025), and the EITE (energy-intensive trade-exposed) output index through October 2024.

PLI/RUEC covers seven countries (Japan, China, South Korea, the U.S., the UK, Germany, and France) and EITE covers four countries (Japan, China, the U.S., and Germany).

Energy Cost Monitoring for Japan (ECM_JPN_202412)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.12

, 

Database science, Joint

　View Details

ECM_JPN_202412は、①ECM推計値の2024年11月までの更新、②各国の2025年6月までの予測値を追加、③ドイツのエネルギー価格の予測では2025年1月より引き上げられる炭素税分（CO2排出量1トン当たり45ユーロから55ユーロへ上昇）を反映。

Monthly GDP Growth (JMGDP_202412)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.12

, 

Database science, Joint

　View Details

JMGDP is a monthly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. It features a production-side approach across 36 industries with double-deflation-based value-added estimation, offering a perspective on economic conditions distinct from the expenditure-based official statistics. Estimates are released around the end of each month with an approximate one-month lag behind the reference period, and have been published continuously since October 2022. A quarterly counterpart, JQGDP, is also available, enabling direct comparison with the Cabinet Office's JSNA quarterly estimates.
Update the estimates until November 2024.


Energy Cost Monitoring for Japan (ECM_JPN_202411a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.12

, 

Database science, Joint

　View Details

ECM_JPN_202411aは、EITE推計値の10月値までの更新、およびECM_JPN_202411公表後における公表された統計を部分的に反映したECM推計値の更新。

Energy Cost Monitoring for Japan (ECM_JPN_202411)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.12

, 

Database science, Joint

　View Details

ECM_JPN_202411は、①ECM推計値の2024年10月までの更新、②韓国 では2021-2022 Updated input-output tables（The Bank of Korea, 2024年11月26日公表）の2021–22年エネルギー消費額、英国では Input-output supply and use tables（The Office for National Statistics, 2024年10月31日公表）の2022年エネルギー消費額との整合性保持、③韓国では、主体別エネルギー種別消費単価のベンチマーク推計値を改訂。

Multilateral Energy Cost Monitoring (ECM_202411)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.12

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through August 2024, RUEC (real unit energy cost) through Q3 2024 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through September 2024.

PLI/RUEC covers seven countries (Japan, China, South Korea, the U.S., the UK, Germany, and France) and EITE covers four countries (Japan, China, the U.S., and Germany).

Development of KDB-QALI Database 2025 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2024.12

-

2025.02

, 

Database science, Joint

　View Details

A long-term database describing the structure of labor input and labor compensation in the Japanese economy from 1955 to 2023.
For each year, labor input is categorized into a cross-classification of 20,240 attributes defined by sex (2 categories) × educational attainment (4 categories) × age group (11 categories) × employment status (5 categories) × industry (46 categories). Each attribute includes information on the number of workers (N), average hours worked (h), and wage rate (w).

Monthly GDP Growth (JMGDP_202411)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.11

, 

Database science, Joint

　View Details

JMGDP is a monthly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. It features a production-side approach across 36 industries with double-deflation-based value-added estimation, offering a perspective on economic conditions distinct from the expenditure-based official statistics. Estimates are released around the end of each month with an approximate one-month lag behind the reference period, and have been published continuously since October 2022. A quarterly counterpart, JQGDP, is also available, enabling direct comparison with the Cabinet Office's JSNA quarterly estimates.
Update the estimates until October 2024.


Energy Cost Monitoring for Japan (ECM_JPN_202410a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.11

, 

Database science, Joint

　View Details

ECM_JPN_202410aは、EITE推計値の9月値までの更新、およびECM_JPN_202410公表後における統計の公表を部分的に反映したECM推計値の更新。

Quarterly GDP Growth (JQGDP_2024Q3) First Estimate (+JSNA 1st QE)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.11

, 

Database science, Joint

　View Details

JQGDP_2024Q3 is the first estimate (released 10/31) and the second estimate (released 11/29) of the Q3 2024 GDP estimate.

JQGDP_2024Q3

Multilateral Energy Cost Monitoring (ECM_202410)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.11

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through July 2024, RUEC (real unit energy cost) through Q2 2024 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through August 2024.

PLI/RUEC covers seven countries (Japan, China, South Korea, the U.S., the UK, Germany, and France) and EITE covers four countries (Japan, China, the U.S., and Germany).

Energy Cost Monitoring for Japan (ECM_JPN_202410)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.11

, 

Database science, Joint

　View Details

ECM_JPN_202410は、①ECM推計値の2024年9月までの更新、②IEA World Energy Balance（2024年7月25日公表）の2022年エネルギー消費量との整合性保持（一部では2015年までの遡及改訂を反映）、③米国BEA Input-Output Accounts Data（2024年9月26日公表）の2023年エネルギー消費額との整合性保持。④電力では、内閣府経済社会総合研究所「2022年国民経済計算年次推計」のエネルギー消費額（自家発電から事業用電力への産出分を除く）との整合性保持。なお②の熱供給において、資源エネルギー庁「総合エネルギー統計」の遡及改訂が十分に反映されておらず断層が生じていたため、本推計値により調整をおこなった。

Development of Asia Narual Resources Database 2025

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2024.11

-

2025.06

, 

Database science, Joint

　View Details

APO Productivity Databook 2025（2025年9月出版）において利用。測定期間は1970–2023年。


天然資源データベース（土地・鉱物資源）構築の対象国は、アジア25カ国（バングラデシュ、カンボジア、中華人民共和国、中華民国、フィジー、香港、インド、インドネシア、イラン・イスラム共和国、日本、大韓民国、ラオス人民民主共和国、マレーシア、モンゴル、ミャンマーネパール、パキスタン、フィリピン、シンガポール、スリランカ、タイ、トルコ、ブータン、ブルネイ、ベトナム）と米国。

Development of APO Productivity Database 2025

Koji Nomura, Sho Inaba, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2024.11

-

2025.06

, 

Database science, Joint

　View Details

The APO-PDB 2025 is utilized in the APO Productivity Databook 2025 (to be published in September 2025), covering the period 1970–2023.

It includes 27 Asian economies—Afghanistan, Bangladesh, Cambodia, China, Chinese Taipei, Fiji, Hong Kong, India, Indonesia, the Islamic Republic of Iran, Japan, the Republic of Korea, the Lao People's Democratic Republic, Malaysia, Mongolia, Myanmar, Nepal, the Maldives, Pakistan, the Philippines, Singapore, Sri Lanka, Thailand, Turkey, Bhutan, Brunei, and Viet Nam—as well as the United States. The 2025 edition newly incorporates Afghanistan and the Maldives.

Development of Asia QALI Database 2025

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2024.11

-

2025.06

, 

Database science, Joint

　View Details

The AQALI 2025 is utilized in the APO Productivity Databook 2025 (to be published in September 2025). The measurement period covers 1970–2023.

It includes 27 Asian economies—Afghanistan, Bangladesh, Cambodia, China, Chinese Taipei, Fiji, Hong Kong, India, Indonesia, the Islamic Republic of Iran, Japan, the Republic of Korea, the Lao People's Democratic Republic, Malaysia, Mongolia, Myanmar, Nepal, the Maldives, Pakistan, the Philippines, Singapore, Sri Lanka, Thailand, Turkey, Bhutan, Brunei, and Viet Nam—as well as the United States. The 2025 edition newly incorporates Afghanistan and the Maldives.

Monthly GDP Growth (JMGDP_202410)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.10

, 

Database science, Joint

　View Details

JMGDP is a monthly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. It features a production-side approach across 36 industries with double-deflation-based value-added estimation, offering a perspective on economic conditions distinct from the expenditure-based official statistics. Estimates are released around the end of each month with an approximate one-month lag behind the reference period, and have been published continuously since October 2022. A quarterly counterpart, JQGDP, is also available, enabling direct comparison with the Cabinet Office's JSNA quarterly estimates.
Update the estimates until September 2024.


Quarterly GDP Growth (JQGDP_2024Q3) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.10

, 

Database science, Joint

　View Details

JQGDP_2024Q3 is the first estimate (released 10/31) and the second estimate (released 11/29) of the Q3 2024 GDP estimate.

Energy Cost Monitoring for Japan (ECM_JPN_202409a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.10

, 

Database science, Joint

　View Details

ECM_JPN_202409aは、EITE推計値の8月値までの更新、およびECM_JPN_202409公表後における統計の公表を部分的に反映したECM推計値の更新。

Multilateral Energy Cost Monitoring (ECM_202409)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.10

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through June 2024, RUEC (real unit energy cost) through Q2 2024 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through July 2024.

PLI/RUEC covers seven countries (Japan, China, South Korea, the U.S., the UK, Germany, and France) and EITE covers four countries (Japan, China, the U.S., and Germany).

Energy Cost Monitoring for Japan (ECM_JPN_202409)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.10

, 

Database science, Joint

　View Details

ECM_JPN_202409は、ECM推計値の8月値までの更新と、予測値の2025年6月までの公表を開始。