Works - NOMURA Koji

APO Productivity Database (APO-PDB) 2026

Koji Nomura, Sho Inaba, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2025.10

-

2026.06

, 

Database science, Joint

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The APO Productivity Database (APO-PDB) is a macro-level productivity account covering mainly Asian economies, incorporating changes in labor composition and capital inputs including land, inventories, and natural resources. It traces economic growth across Asia from 1970 to the most recent year — spanning more than half a century — constructed based on internationally harmonized SNA concepts.

The Asia Quality-adjusted Labor Input Database (AQALI) 2026 and the Asia Natural Resources Database (ANRD) 2026 will be utilized in the APO-PDB2026, scheduled for publication in September 2026. The measurement coverage spans the period from 1970 to 2024.

The APO-PDB 2026 includes 28 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, Saudi Arabia, Singapore, Sri Lanka, Thailand, Turkey, Bhutan, Brunei, and Viet Nam—as well as the United States.

Asia Quality-adjusted Labor Input Database (AQALI) 2026

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2025.10

-

2026.06

, 

Database science, Joint

　View Details

The AQALI 2026 is utilized in the APO Productivity Databook 2026 (to be published in September 2026). The measurement covers from 1970 to 2024.

It includes 28 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, Saudi Arabia, Singapore, Sri Lanka, Thailand, Turkey, Bhutan, Brunei, and Viet Nam—as well as the United States.

Multilateral Energy Cost Monitoring (ECM_202604)

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2026.05

, 

Database science, Joint

　View Details

The ECM provides a high-frequency indicator — Real Unit Energy Cost (RUEC) and Real Price Level Index for energy (Real PLI) — to measure and compare real energy cost differentials across nine countries: four in Asia (China, India, Japan, and Korea), and four in Europe (France, Germany, Italy, and the UK), and the U.S. The ECM also releases the EITE (Energy-Intensive Trade-Exposed) Output Index.

Energy Cost Monitoring for Japan (ECM_JPN_202604)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.05

, 

Database science, Joint

　View Details

ECM monitors international disparities in real energy costs across nine countries — Japan, China, South Korea, India, the United States, France, Germany, Italy, and the United Kingdom — publishing high-frequency estimates of the Real Unit Energy Cost (RUEC) and the Real Price Level Index (Real PLI). The Japan-specific component provides monthly estimates of real energy costs and identifies the effects of energy subsidies. In addition, production and import indices for energy-intensive and trade-exposed (EITE) manufacturing industries affected by energy price surges and environmental policies are measured and published with international comparisons.

Quarterly GDP Growth (JQGDP_2026Q1) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.04

, 

Database science, Joint

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JQGDP is a quarterly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. Like its monthly counterpart JMGDP, it employs a production-side approach across 36 industries with double-deflation-based value-added estimation. A "first forecast" is released approximately two weeks before the Cabinet Office's (ESRI) first preliminary GDP estimate, and a "second forecast" approximately one week before the second preliminary, enabling earlier assessment of economic conditions than official statistics. Publication has continued since the first quarter of 2022.
JQGDP_2026Q1 is the first forecast (released on April 30) and the second forecast (released on May 29) of the Q1 2026 GDP estimate.

Monthly GDP Growth (JMGDP_202604)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.04

, 

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.
JMGDP_202604 is updated through March 2026.

JMGDP_202604

Energy Cost Monitoring for Japan (ECM_JPN_202603)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2026.04

, 

Database science, Joint

　View Details

ECM monitors international disparities in real energy costs across nine countries — Japan, China, South Korea, India, the United States, France, Germany, Italy, and the United Kingdom — publishing high-frequency estimates of the Real Unit Energy Cost (RUEC) and the Real Price Level Index (Real PLI). The Japan-specific component provides monthly estimates of real energy costs and identifies the effects of energy subsidies. In addition, production and import indices for energy-intensive and trade-exposed (EITE) manufacturing industries affected by energy price surges and environmental policies are measured and published with international comparisons.

Multilateral Energy Cost Monitoring (ECM_202603)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2026.04

, 

Database science, Joint

　View Details

The ECM provides a high-frequency indicator — Real Unit Energy Cost (RUEC) and Real Price Level Index for energy (Real PLI) — to measure and compare real energy cost differentials across nine countries: four in Asia (China, India, Japan, and Korea), and four in Europe (France, Germany, Italy, and the UK), and the U.S. The ECM also releases the EITE (Energy-Intensive Trade-Exposed) Output Index.

Monthly GDP Growth (JMGDP_202603)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.03

, 

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.
JMGDP_202603 is updated through February 2026.

JMGDP_202603

Energy Cost Monitoring for Japan (ECM_JPN_202602)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2026.02

, 

Database science, Joint

　View Details

ECM monitors international disparities in real energy costs across nine countries — Japan, China, South Korea, India, the United States, France, Germany, Italy, and the United Kingdom — publishing high-frequency estimates of the Real Unit Energy Cost (RUEC) and the Real Price Level Index (Real PLI). The Japan-specific component provides monthly estimates of real energy costs and identifies the effects of energy subsidies. In addition, production and import indices for energy-intensive and trade-exposed (EITE) manufacturing industries affected by energy price surges and environmental policies are measured and published with international comparisons.

Multilateral Energy Cost Monitoring (ECM_202602)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2026.02

, 

Database science, Joint

　View Details

The ECM provides a high-frequency indicator — Real Unit Energy Cost (RUEC) and Real Price Level Index for energy (Real PLI) — to measure and compare real energy cost differentials across nine countries: four in Asia (China, India, Japan, and Korea), and four in Europe (France, Germany, Italy, and the UK), and the U.S. The ECM also releases the EITE (Energy-Intensive Trade-Exposed) Output Index.

The PLI (price level index) is estimated through December 2025, RUEC (real unit energy cost) through Q4 2025, and the EITE (energy-intensive trade-exposed) output index through December 2025.

Monthly GDP Growth (JMGDP_202602)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.02

, 

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.
JMGDP_202602 is updated through January 2026.

JMGDP_202602

Multilateral Energy Cost Monitoring (ECM_202601)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2026.02

, 

Database science, Joint

　View Details

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

PLI/RUEC and EITE cover nine countries (Japan, China, India, South Korea, the U.S., the UK, Germany, France, and Italy).

Energy Cost Monitoring for Japan (ECM_JPN_202601)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2026.02

, 

Database science, Joint

　View Details

ECMは、日本、中国、韓国、インド、米国、フランス、ドイツ、イタリア、英国の9か国を対象に、実質エネルギーコストの国際的な格差を高頻度で測定する指標として実質単位エネルギーコスト（RUEC）および実質的な内外価格差（Real PLI）の速報値を公表しています。 さらに、エネルギー価格高騰やエネルギー環境政策の影響を受けたエネルギー多消費（EITE）製造業の生産・輸入指数に関しても、併せて公表しています。

Monthly GDP Growth (JMGDP_202601)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.01

, 

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.
JMGDP_202601 is updated through December 2025.

Quarterly GDP Growth (JQGDP_2025Q4) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2026.01

, 

Database science, Joint

　View Details

JQGDP is a quarterly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. Like its monthly counterpart JMGDP, it employs a production-side approach across 36 industries with double-deflation-based value-added estimation. A "first forecast" is released approximately two weeks before the Cabinet Office's (ESRI) first preliminary GDP estimate, and a "second forecast" approximately one week before the second preliminary, enabling earlier assessment of economic conditions than official statistics. Publication has continued since the first quarter of 2022.
JQGDP_2025Q4 is the first forecast (released on January 30) and the second forecast (released on February 27) of the Q4 2025 GDP estimate.

JQGDP_2025Q4

Energy Cost Monitoring for Japan (ECM_JPN_202512)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2026.01

, 

Database science, Joint

　View Details

ECMは、日本、中国、韓国、インド、米国、フランス、ドイツ、イタリア、英国の9か国を対象に、実質エネルギーコストの国際的な格差を高頻度で測定する指標として実質単位エネルギーコスト（RUEC）および実質的な内外価格差（Real PLI）の速報値を公表しています。 さらに、エネルギー価格高騰やエネルギー環境政策の影響を受けたエネルギー多消費（EITE）製造業の生産・輸入指数に関しても、併せて公表しています。

Multilateral Energy Cost Monitoring (ECM_202512)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2026.01

, 

Database science, Joint

　View Details

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

PLI/RUEC and EITE cover nine countries (Japan, China, India, South Korea, the U.S., the UK, Germany, France, and Italy).

Monthly GDP Growth (JMGDP_202512)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.12

, 

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.
JMGDP_202512 is updated through November 2025.

Energy Cost Monitoring for Japan (ECM_JPN_202511)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.12

, 

Database science, Joint

　View Details

ECMは、日本、中国、韓国、インド、米国、フランス、ドイツ、イタリア、英国の9か国を対象に、実質エネルギーコストの国際的な格差を高頻度で測定する指標として実質単位エネルギーコスト（RUEC）および実質的な内外価格差（Real PLI）の速報値を公表しています。 さらに、エネルギー価格高騰やエネルギー環境政策の影響を受けたエネルギー多消費（EITE）製造業の生産・輸入指数に関しても、併せて公表しています。

Multilateral Energy Cost Monitoring (ECM_202511)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.12

, 

Database science, Joint

　View Details

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

PLI/RUEC and EITE cover nine countries (Japan, China, India, South Korea, the U.S., the UK, Germany, France, and Italy).

Monthly GDP Growth (JMGDP_202511)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.12

, 

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.
JMGDP_202511 is updated through October 2025.

Multilateral Energy Cost Monitoring (ECM_202510)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.11

, 

Database science, Joint

　View Details

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

PLI/RUEC and EITE cover nine countries (Japan, China, India, South Korea, the U.S., the UK, Germany, France, and Italy).

Energy Cost Monitoring for Japan (ECM_JPN_202510)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.11

, 

Database science, Joint

　View Details

ECMは、実質エネルギーコストの国際的な格差を高頻度で測定する指標として実質単位エネルギーコスト（RUEC）および実質的な内外価格差（Real PLI）の速報値を公表しています。 さらに、エネルギー価格高騰やエネルギー環境政策の影響を受けたエネルギー多消費（EITE）製造業の生産指数に関しても、併せて公表しています。

Monthly GDP Growth (JMGDP_202510)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.10

, 

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.
JMGDP_202510 is updated through September 2025.


Quarterly GDP Growth (JQGDP_2025Q3) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.10

, 

Database science, Joint

　View Details

JQGDP is a quarterly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. Like its monthly counterpart JMGDP, it employs a production-side approach across 36 industries with double-deflation-based value-added estimation. A "first forecast" is released approximately two weeks before the Cabinet Office's (ESRI) first preliminary GDP estimate, and a "second forecast" approximately one week before the second preliminary, enabling earlier assessment of economic conditions than official statistics. Publication has continued since the first quarter of 2022.

JQGDP_2025Q3 is the first forecast (released on October 31) and the second forecast (released on Nobember 28) of the Q3 2025 GDP estimate.

JQGDP_2025Q3

Multilateral Energy Cost Monitoring (ECM_202509)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.10

, 

Database science, Joint

　View Details

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

PLI/RUEC and EITE newly cover nine countries (Japan, China, India, South Korea, the U.S., the UK, Germany, France, and Italy).

Energy Cost Monitoring for Japan (ECM_JPN_202509)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.10

, 

Database science, Joint

　View Details

ホームページを含め抜本改定。

Asia Narual Resources Database (ANRD) 2026

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2025.10

-

2026.06

, 

Database science, Joint

　View Details

ANRD 2026 will be incorporated into the APO Productivity Database (APO-PDB) 2026 and used in the APO Productivity Databook 2026 (to be published in September 2026). The measurement period covers 1970–2024.

It includes 28 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, Saudi Arabia, Singapore, Sri Lanka, Thailand, Turkey, Bhutan, Brunei, and Viet Nam—as well as the United States.

Monthly GDP Growth (JMGDP_202509)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.09

, 

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.
JMGDP_202509 is updated through August 2025.


Multilateral Energy Cost Monitoring (ECM_202508)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.09

, 

Database science, Joint

　View Details

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

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_202508)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.09

, 

Database science, Joint

　View Details

ECM_JPN_202508 is updated through July 2025 (with EITE indicators updated through June 2025).


Monthly GDP Growth (JMGDP_202508)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.08

, 

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.
JMGDP_202508 is updated through July 2025.


Energy Cost Monitoring for Japan (ECM_JPN_202507)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.08

, 

Database science, Joint

　View Details

ECM_JPN_202507 is updated through June 2025 (with EITE indicators updated through May 2025).
Projections of real and nominal GDP beyond June 2025 are based on the OECD Economic Outlook released on June 3, 2025. Forecasts for crude oil, natural gas, and coal prices reflect the U.S. EIA Short-Term Energy Outlook released on July 8, 2025.
In the latter, crude oil price projections were revised upward in response to the deterioration of the Middle East situation following the escalation of tensions between Iran and Israel in June 2025.

Multilateral Energy Cost Monitoring (ECM_202507)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.08

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through June 2025, RUEC (real unit energy cost) through Q1 2025 (forecast is through Q4 2025), and the EITE (energy-intensive trade-exposed) output index through May 2025.

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).

Monthly GDP Growth (JMGDP_202507)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.07

, 

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.
JMGDP_202507 is updated through June 2025.


Quarterly GDP Growth (JQGDP_2025Q2) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.07

, 

Database science, Joint

　View Details

JQGDP is a quarterly GDP estimate for Japan developed and published by the Nomura Lab at the Keio Economic Observatory (KEO), Keio University. Like its monthly counterpart JMGDP, it employs a production-side approach across 36 industries with double-deflation-based value-added estimation. A "first forecast" is released approximately two weeks before the Cabinet Office's (ESRI) first preliminary GDP estimate, and a "second forecast" approximately one week before the second preliminary, enabling earlier assessment of economic conditions than official statistics. Publication has continued since the first quarter of 2022.
JQGDP_2025Q2 is the first forecast (released on July 31) and the second forecast (released on August 29) of the Q2 2025 GDP estimate.

JQGDP_2025Q2

Multilateral Energy Cost Monitoring (ECM_202506)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.07

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through May 2025, RUEC (real unit energy cost) through Q1 2025 (forecast is through Q4 2025), and the EITE (energy-intensive trade-exposed) output index through April 2025.

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_202506)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.07

, 

Database science, Joint

　View Details

ECM_JPN_202506は、2025年5月（EITE指標は2025年4月）までの更新。2025年5月以降の実質・名目GDPの予測値は、OECD Economic Outlook（2025年6月3日公表）を反映。

Bhutanese Productivity Accounts 1990–2023 (BTPA 2025)

Koji Nomura and Sho Inaba

United Nations Economic and Social Commission for Asia and the Pacific, 

2025.07

, 

Database science, Joint

　View Details

This account is an update of the Bhutanese Productivity Accounts (BTPA 2024) presented in Nomura (2025) Hydropower-Led Economic Growth in Bhutan: Development of Industry-Level Productivity Account, 1990–2022.

Monthly GDP Growth (JMGDP_202506)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.06

, 

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 May 2025.


Energy Cost Monitoring for Japan (ECM_JPN_202505)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.05

, 

Database science, Joint

　View Details

ECM_JPN_202505は、2025年4月（EITE指標は2025年3月）までの更新。

Multilateral Energy Cost Monitoring (ECM_202505)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.05

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through April 2025, RUEC (real unit energy cost) through Q1 2025 (forecast is through Q4 2025), and the EITE (energy-intensive trade-exposed) output index through March 2025.

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).

Monthly GDP Growth (JMGDP_202505)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.05

, 

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 April 2025.


Energy Cost Monitoring for Japan (ECM_JPN_202504)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.05

, 

Database science, Joint

　View Details

ECM_JPN_202504は、①2025年3月（EITE指標は2025年2月）までの更新、②電力価格の予測について、2024年度3.49円/kWhから2025年度3.98円/kWhの再エネ賦課金上昇分（0.49円/kWh）を2025年5月分から上乗せするよう調整をおこなった。

Multilateral Energy Cost Monitoring (ECM_202504)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.05

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through February 2025, RUEC (real unit energy cost) through Q4 2024 (forecast is through Q4 2025), and the EITE (energy-intensive trade-exposed) output index through February 2025.

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).

Quarterly GDP Growth (JQGDP_2025Q1) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.04

, 

Database science, Joint

　View Details

JQGDP_2025Q1 is the first estimate (released on April 30) and the second estimate (released on May 30) of the Q1 2025 GDP estimate.

JQGDP_2025Q1

Monthly GDP Growth (JMGDP_202504)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.04

, 

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 March 2025.


Energy Cost Monitoring for Japan (ECM_JPN_202503)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.04

, 

Database science, Joint

　View Details

ECM_JPN_202503は、①2025年2月（EITE指標は2025年1月）までの更新、②2025年12月までの予測値を公表。
エネルギーに対する補助金は、「燃料油価格激変緩和対策事業」（2022年1月以降の消費分に対する補助）、「電気・ガス価格激変緩和対策事業」（2023年2月–2024年6月検針分に対する補助）、「酷暑乗り切り緊急支援」（2024年9月–11月検針分に対する補助）に加え、2025年1月（2025年2月検針分）より再開される電気・ガス料金の負担軽減策（2025年2月–4月検針分に対する補助）を考慮。政府は2025年6月以降、「燃料油価格激変緩和対策事業」による補助額を拡充するとしており、2025年4月–5月は3月分の補助と同等、2025年6月–12月は（4月6日の共同通信の記事等に基づき）1リットルあたり10円を仮定。

Multilateral Energy Cost Monitoring (ECM_202503)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.04

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through January 2025, RUEC (real unit energy cost) through Q4 2024 (forecast is through Q4 2025), and the EITE (energy-intensive trade-exposed) output index through January 2025.

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).

Monthly GDP Growth (JMGDP_202503)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.03

, 

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 February 2025.


Energy Cost Monitoring for Japan (ECM_JPN_202502)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.03

, 

Database science, Joint

　View Details

ECM_JPN_202502は、①2025年1月（EITE指標は2014年12月）までの更新、②ECM最終エネルギー消費額と内閣府経済社会総合研究所「国民経済計算年次推計」（2024年12月公表）の2023年エネルギー消費額との整合性を保持する年次ベンチマーキング、③EITE指数では上記資料の2023年生産・輸入指数との整合性を保持する年次ベンチマーキング、多国間ECMではReal PLI指標の再検討に伴い、④主要国の基礎レベルでのエネルギー消費価格水準と消費量の大幅改訂（詳細は3月中にDiscussion Paperを公表予定）、⑤1か月の早期化（前回ECM（除くEITE指標）は2024年10月までの公表だが本推計は一部簡易推計を含み2024年12月まで）を実施している。

Multilateral Energy Cost Monitoring (ECM_202502)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.03

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through December 2024, RUEC (real unit energy cost) through Q4 2024 (forecast is through Q2 2025), and the EITE (energy-intensive trade-exposed) output index through December 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).

Monthly GDP Growth (JMGDP_202502)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.02

, 

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 January 2025.


Energy Cost Monitoring for Japan (ECM_JPN_202501)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2025.02

, 

Database science, Joint

　View Details

ECM_JPN_202501は、ECM推計値の2024年12月までの更新。中国では、国家統計局「居民消费价格指数（Consumer Price Indices）」の公開データの費目分類の細分化にともない、家計のエネルギー価格指数の対応関係を見直した。

Multilateral Energy Cost Monitoring (ECM_202501)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2025.02

, 

Database science, Joint

　View Details

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

Monthly GDP Growth (JMGDP_202501)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.01

, 

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 December 2024.


Quarterly GDP Growth (JQGDP_2024Q4) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.01

, 

Database science, Joint

　View Details

JQGDP_2024Q4 is the first estimate (released on January 31, 2005) and the second estimate (released February 28, 2025) of the Q4 2024 GDP estimate.

JQGDP_2024Q4

Energy Cost Monitoring for Japan (ECM_JPN_202412a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2025.01

, 

Database science, Joint

　View Details

ECM_JPN_202412aは、EITE推計値の11月値までの更新、およびECM_JPN_202412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。

Preliminary Estimates of 2022 Benchmark Augmented Input-Output Table for Bhutan (2022 AIOT)

Koji Nomura and Sho Inaba

United Nations Economic and Social Commission for Asia and the Pacific, 

2024.12

, 

Database science, Joint

　View Details

The 2022 AIOT is the benchmark estimates used for BhutanSectoral Integration and Transformation Economic Model (ITEM).

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。

Monthly GDP Growth (JMGDP_202409)

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 August 2024.


Energy Cost Monitoring for Japan (ECM_JPN_202408a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.09

, 

Database science, Joint

　View Details

ECM_JPN_202408aは、EITE推計値の7月値までの更新と、四半期RUEC指標の国際比較の日本語版（第8節全体）の公表を開始。

Bhutanese Productivity Accounts 1990–2022 (2024 BTPA)

Koji Nomura and Sho Inaba

United Nations Economic and Social Commission for Asia and the Pacific, 

2024.09

-

2024.12

, 

Database science, Joint

　View Details

Reffer to Nomura (2025) Hydropower-Led Economic Growth in Bhutan: Development of Industry-Level Productivity Account, 1990–2022, for the details of BTPA 2024.

Energy Cost Monitoring for Japan (ECM_JPN_202408)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.08

, 

Database science, Joint

　View Details

ECM_JPN_202408は、ECM推計値の7月値までの更新と、予測値の2025年6月までの公表を開始。なお、前回推計値にあった2024年4月–5月の電力価格指数におけるミス訂正と、U.S. EIA Short-term Energy Outlookでの化石燃料価格予測値の改訂により、ECM推計値は下方改訂されている。

Multilateral Energy Cost Monitoring (ECM_202408)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.08

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through May 2024, RUEC (real unit energy cost) through Q1 2024 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through June 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).

Quarterly GDP Growth (JQGDP_2024Q2) Second Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.08

, 

Database science, Joint

　View Details

JQGDP_2024Q2 is the first estimate (released 7/31) and the second estimate (released 8/30) of the Q2 2024 GDP estimate.

Monthly GDP Growth (JMGDP_202408)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.08

, 

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 July 2024.


Energy Cost Monitoring for Japan (ECM_JPN_202407a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.08

, 

Database science, Joint

　View Details

ECM_JPN_202407a publishes updated EITE production indices up to June values, as well as new EITE import index and EITE import-output ratio index for Japan and Germany.

Multilateral Energy Cost Monitoring (ECM_202407)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.08

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through April 2024, RUEC (real unit energy cost) through Q1 2024 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through May 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_202407)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.08

, 

Database science, Joint

　View Details

ECM_JPN_202407 begins publishing China's EITE Manufacturing Production Index and EITE Sectoral Production.

Quarterly GDP Growth (JQGDP_2024Q2) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.07

, 

Database science, Joint

　View Details

JQGDP_2024Q2 is the first estimate (released 7/31) and the second estimate (released 8/30) of the Q2 2024 GDP estimate.

Monthly GDP Growth (JMGDP_202407)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.07

, 

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 June 2024.


Multilateral Energy Cost Monitoring (ECM_202406)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.07

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through March 2024, RUEC (real unit energy cost) through Q1 2024 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through May 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_202406b)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.07

, 

Database science, Joint

　View Details

ECM_JPN_202406b started the mid-month update of the EITE manufacturing production index (earlier publication of the EITE index) (this time updated to the May estimate) and also started the publication of EITE sectoral production.

Energy Cost Monitoring for Japan (ECM_JPN_202406a)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.07

, 

Database science, Joint

　View Details

ECM_JPN_202406a revises its quarterly benchmark estimates of nominal and real GDP in line with the release (July 1, 2024) of the JSNA 2nd Preliminary Report (revised figures) due to the retroactive revision of the Ministry of Land, Infrastructure, Transport and Tourism's "General Construction Statistics".

Monthly GDP Growth (JMGDP_202406a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.07

, 

Database science, Joint

　View Details

JMGDP_202406aでは、国土交通省「建設総合統計」の遡及改定によるJSNA2次速報(改定値)の公表（2024年7月1日）に伴い、その名目・実質GDPの四半期ベンチマーク推計値の改訂を行っている。測定期間は2024年5月まで。

Quarterly GDP Growth (JQGDP_2024Q1a)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.07

, 

Database science, Joint

　View Details

JQGDP_2024Q1a（2次予測）では、国土交通省「建設総合統計」（2024年6月25日公表）の遡及改定に伴い、JSNA2次速報(改定値)（2024年7月1日公表）と同様な名目・実質GDPの改訂を行っている。

Energy Cost Monitoring for Japan (ECM_JPN_202406)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.06

, 

Database science, Joint

　View Details

測定期間は2024年5月まで。米国のEITE（エネルギー多消費）製造業の生産推移に関する速報推計値の公表を開始。

Monthly GDP Growth (JMGDP_202406)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.06

, 

Database science, Joint

　View Details

Update the estimates until May 2024.

Energy Cost Monitoring for Japan (ECM_JPN_202405a)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.06

, 

Database science, Joint

　View Details

測定期間は2024年4月まで。ECM_JPN_202405aでは、日独のEITE（エネルギー多消費）製造業の生産推移に関する速報推計値の公表を開始した。

Multilateral Energy Cost Monitoring (ECM_202405)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.06

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through February 2024, RUEC (real unit energy cost) through Q4 2023 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through March 2024. PLI/RUEC covers eight countries (Japan, China, South Korea, the U.S., the UK, Germany, France, and Italy) and EITE covers Germany only.

Energy Cost Monitoring for Japan (Monthly RUEC) (Until April 2024)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.06

, 

Database science, Joint

　View Details

測定期間は2024年4月まで。

Quarterly GDP Growth (JQGDP_2024Q1) Second Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.05

, 

Database science, Joint

　View Details

JQGDP_2024Q1 is the first estimate (released 4/30) and the second estimate (released 5/31) of the Q1 2024 GDP estimate.

Monthly GDP Growth (JMGDP_202405) (until April 2024)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.05

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until March 2024)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.05

, 

Database science, Joint

　View Details

容量拠出金の電力価格へ上乗せを開始。2024年の再エネ賦課金の上昇分を反映。測定期間は2024年3月まで。

Multilateral Energy Cost Monitoring (ECM_202404)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.05

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through January 2024, RUEC (real unit energy cost) through Q4 2023 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through February 2024. PLI/RUEC covers eight countries (Japan, China, South Korea, the U.S., the UK, Germany, France, and Italy) and EITE covers Germany only.

Monthly GDP Growth (JMGDP_202404) (until March 2024)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.04

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2024Q1) First Estimate

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.04

, 

Database science, Joint

　View Details

JQGDP_2024Q1 is the first estimate (released 4/30) and the second estimate (released 5/31) of the Q1 2024 GDP estimate.

Energy Cost Monitoring for Japan (Monthly RUEC) (Until February 2024)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.03

, 

Database science, Joint

　View Details

2022年の ECM 最終エネ消費額とJSNAコモとの整合性を保持するよう改訂。石油補助金仮定を2023年5–9月は2023年平均の半分の補助率、10月以降はゼロを仮定。測定期間は2024年2月まで。

Monthly GDP Growth (JMGDP_202403) (until February 2024)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.03

, 

Database science, Joint

Multilateral Energy Cost Monitoring (ECM_202403)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Keio Economic Observatory, Keio University, 

2024.03

, 

Database science, Joint

　View Details

The PLI (price level index) is estimated through December 2023, RUEC (real unit energy cost) through Q4 2023 (forecast is through Q4 2024), and the EITE (energy-intensive trade-exposed) output index through January 2024. PLI/RUEC covers eight countries (Japan, China, South Korea, the U.S., the UK, Germany, France, and Italy) and EITE covers Germany only.

Energy Cost Monitoring for Japan (Monthly RUEC) (Until January 2024)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.03

, 

Database science, Joint

　View Details

エネ最終消費主体を2分類から11分類へ細分化。国内総供給に加え国内総需要からの推計法を新規に加え両者から精度改善。電力の自家消費推計の改訂。

Monthly GDP Growth (JMGDP_202402) (until January 2024)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.02

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until December 2023)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2024.01

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202401) (until December 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.01

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2023Q4)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2024.01

, 

Database science, Joint

Development of APO Productivity Database 2024

Koji Nomura, Sho Inaba, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2024.01

-

2024.06

, 

Database science, Joint

　View Details

APO Productivity Databook 2024（2024年9月出版）において利用。測定期間は1970–2022年。

生産性統計構築の対象国は、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 Asia QALI Database 2024

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2024.01

-

2024.05

, 

Database science, Joint

　View Details

APO Productivity Databook 2024（2024年9月出版）において利用。測定期間は1970–2022年。


労働投入データベース構築の対象国は、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 Asia Natural Resoruces Database (MER) 2024

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2024.01

-

2024.05

, 

Database science, Joint

Development of Asia Narual Resources (Land) Database 2024

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2024.01

-

2024.05

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until November 2023)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2023.12

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202312) (until November 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.12

, 

Database science, Joint

Development of KDB-QALI Database 2024 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2023.12

-

2024.02

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until October 2023)

Koji Nomura, Sho Inaba, and Mansaku Yoshida

Nomura Lab at Keio Economic Observatory, 

2023.11

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202311) (until October 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.11

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202310) (until September 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.10

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until September 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.10

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2023Q3)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.10

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202309) (until August 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.09

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until August 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.09

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202308) (until July 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.08

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until July 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.08

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until June 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.07

, 

Database science, Joint

　View Details

補助金による抑制前のエネコスト・エネ消費単価の公表を開始。月次予測値の公表開始（EIA Short-term Energy Outlook利用）。

Quarterly GDP Growth (JQGDP_2023Q2)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.07

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202307) (until June 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.07

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until May 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.06

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202306) (until May 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.06

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202305) (until April 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.05

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until April 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.05

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until March 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.04

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2023Q1)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.04

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202304) (until March 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.04

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202303) (until February 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.03

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until February 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.03

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202302) (until January 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.02

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (Until January 2023)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.02

, 

Database science, Joint

Development of APO Productivity Database 2023

Koji Nomura, Sho Inaba, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2023.02

-

2023.07

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2022Q4)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.01

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (December, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.01

, 

Database science, Joint

　View Details

産業分類を32から36へ細分化。産業別付加価値デフレーター推計法改訂（供給表の産業別生産物別生産額シェアを反映）。

Monthly GDP Growth (JMGDP_202301) (until December 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2023.01

, 

Database science, Joint

Development of Asia QALI Database 2023

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2023.01

-

2023.05

, 

Database science, Joint

Development of Asia Narual Resources (Land) Database 2023

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2023.01

-

2023.05

, 

Database science, Joint

Development of Asia Natural Resoruces Database (MER) 2023

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2023.01

-

2023.05

, 

Database science, Joint

Development of KDB-QALI Database 2023 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2023.01

-

2023.03

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202212) (until November 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.12

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (November, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.12

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (October, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.11

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202211) (until October 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.11

, 

Database science, Joint

Monthly GDP Growth (JMGDP_202210) (until September 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.10

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (September, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.10

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2022Q3)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.10

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (August, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.09

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (July, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.09

, 

Database science, Joint

　View Details

2015年エネ種別単価の改訂。事業用電力と自家発電の対象範囲の改訂。IEAエネバラとの整合性確保。事業用電力と自家発電の対象範囲の改訂。


Energy Cost Monitoring for Japan (Monthly RUEC) (July, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.08

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (June, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.07

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2022Q2)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.07

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (May, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.06

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (April, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.05

, 

Database science, Joint

Quarterly GDP Growth (JQGDP_2022Q1)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.04

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (March, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.04

, 

Database science, Joint

Development of APO Productivity Database 2022

Koji Nomura, Sho Inaba, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2022.02

-

2022.07

, 

Database science, Joint

Development of Asia QALI Database 2022

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2022.01

-

2022.05

, 

Database science, Joint

Development of Asia Land Database 2022

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2022.01

-

2022.05

, 

Database science, Joint

Energy Cost Monitoring for Japan (Monthly RUEC) (February, 2022)

Koji Nomura and Sho Inaba

Nomura Lab at Keio Economic Observatory, 

2022.01

-

2022.04

, 

Database science, Joint

Development of KDB-QALI Database 2022 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2022.01

-

2022.03

, 

Database science, Joint

Update of Time-series Extended Input-Output Table for Education Sector (EIOT) during 1955-2019

Koji Nomura

Keio Economic Observatory, 

2021.08

-

2021.12

, 

Database science, Joint

Update of ESJ (Education Services Production Database of Japan) during 1955-2019

Koji Nomura

Keio Economic Observatory, 

2021.06

-

2021.12

, 

Database science, Joint

Development of Asia Land Database 2021

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2021.01

-

2021.05

, 

Database science, Joint

Development of KEO Database 2021 (Industry-Level Productivity Database)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2021.01

-

2021.03

, 

Database science, Joint

Development of KDB-QALI Database 2021 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2021.01

-

2021.03

, 

Database science, Joint

Development of APO Productivity Database 2021

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2020.10

-

2021.07

, 

Database science, Joint

Development of Asia QALI Database 2021

Koji Nomura and Hiroshi Shirane

Keio Economic Observatory, Keio University, 

2020.10

-

2021.06

, 

Database science, Joint

Development of KEO Database 2020 (Industry-Level Productivity Database)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2020.03

-

2020.06

, 

Database science, Joint

Development of Asia Mineral and Energy Resources Database 2023

Koji Nomura and Sho Inaba

Keio Economic Observatory, Keio University, 

2020.01

-

2023.06

, 

Database science, Joint

Development of Asia QALI Database 2020

Koji Nomura and Hiroshi Shirane

Keio Economic Observatory, Keio University, 

2020.01

-

2020.06

, 

Database science, Joint

Development of Asia Land Database 2020

Koji Nomura, Sho Inaba, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2020.01

-

2020.05

, 

Database science, Joint

Development of KDB-QALI Database 2020 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2020.01

-

2020.03

, 

Database science, Joint

Development of APO Productivity Database 2020

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Asian Productivity Organization and Keio Economic Observatory, 

2019.10

-

2020.07

, 

Database science, Joint

Development of Time-series Extended Input-Output Table for Education Sector (EIOT) during 1955-2017

Koji Nomura and Hiroshi Shirane

Economic and Social Research Institute, Cabinet Office, and Keio Economic Observatory, 

2019.08

-

2020.02

, 

Database science, Joint

Development of ESJ (Education Services Production Database of Japan) during 1955-2017

Koji Nomura and Hiroshi Shirane

Economic and Social Research Institute, Cabinet Office, and Keio Economic Observatory, 

2019.06

-

2020.02

, 

Database science, Joint

Development of Wholesale and Retail Services Production Database of Japan (WRJ)

Koji Nomura and Hiroshi Shirane

RIETI and Keio Economic Observatory, 

2019.01

-

2019.12

, 

Database science, Joint

Development of KDB-QALI Database 2019 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2019.01

-

2019.03

, 

Database science, Joint

Development of APO Productivity Database 2019

Koji Nomura, Hiroshi Shirane, Shiori Nakayama, and Naoyuki Akashi

Asian Productivity Organization and Keio Economic Observatory, 

2018.10

-

2019.08

, 

Database science, Joint

Development of Asia QALI Database 2019

Koji Nomura, Naoyuki Akashi, and Hiroshi Shirane

Keio Economic Observatory, Keio University, 

2018.10

-

2019.07

, 

Database science, Joint

Development of Time-series Extended Input-Output Table for Education Sector (EIOT)

Koji Nomura and Hiroshi Shirane

Economic and Social Research Institute, Cabinet Office, and Keio Economic Observatory, 

2018.08

-

2019.02

, 

Database science, Joint

Development of Database on Education Service Outputs of Japan (ESJ)

Koji Nomura, Hiroshi Shirane, Masafumi Yamamoto, and Yu Fujii

Economic and Social Research Institute, Cabinet Office, and Keio Economic Observatory, 

2018.06

-

2019.02

, 

Database science, Joint

Development of KEO Database 2018 (Industry-Level Productivity Database)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2018.01

-

2018.03

, 

Database science, Joint

Development of KDB-QALI Database 2018 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2018.01

-

2018.03

, 

Database science, Joint

Development of APO Productivity Database 2018

Koji Nomura, Hiroshi Shirane, Shiori Nakayama, and Naoyuki Akashi

Asian Productivity Organization and Keio Economic Observatory, 

2017.10

-

2018.09

, 

Database science, Joint

Development of Asia QALI Database 2018

Koji Nomura and Naoyuki Akashi

Keio Economic Observatory, Keio University, 

2017.10

-

2018.07

, 

Database science, Joint

Development of KEO Database 2017 (Industry-Level Productivity Database)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2017.01

-

2017.03

, 

Database science, Joint

Development of KDB-QALI Database 2017 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2017.01

-

2017.03

, 

Database science, Joint

Development of APO Productivity Database 2017

Koji Nomura, Shinyoung Oh, Naoyuki Akashi, Hiroshi Shirane, and Nakayama Shiori

Asian Productivity Organization and Keio Economic Observatory, 

2016.10

-

2017.09

, 

Database science, Joint

Development of KDB-QALI Database 2016 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2016.01

-

2016.03

, 

Database science, Joint

Development of KEO Database 2016 (Industry-Level Productivity Database)

Koji Nomura, Hiroshi Shirane, and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2016.01

-

2016.03

, 

Database science, Joint

Development of APO Productivity Database 2016

Koji Nomura, Shinyoung Oh, Hiroshi Shirane, Naoyuki Akashi, and Nakayama Shiori

Asian Productivity Organization and Keio Economic Observatory, 

2015.10

-

2016.09

, 

Database science, Joint

Development of Growth Accounting for Bhutan

Koji Nomura and Hiroshi Shirane

UNDESA, 

2015.08

-

2016.02

, 

Database science, Joint

Development of KDB-QALI Database 2015 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2015.01

-

2015.03

, 

Database science, Joint

Development of APO Productivity Database 2015

Koji Nomura, Shinyoung Oh, Naoyuki Akashi, and Nakayama Shiori

Asian Productivity Organization and Keio Economic Observatory, 

2014.10

-

2015.09

, 

Database science, Joint

Development of KEO Database 2014 (Industry-Level Productivity Database)

Koji Nomura and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2014.01

-

2014.07

, 

Database science, Joint

Development of KDB-QALI Database 2014 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2014.01

-

2014.03

, 

Database science, Joint

Development of APO Productivity Database 2014

Koji Nomura, Shinyoung Oh, Kei Okamoto, and Naoyuki Akashi

Asian Productivity Organization and Keio Economic Observatory, 

2013.10

-

2014.09

, 

Database science, Joint

"Comparison of Input-Output Structure between Japan and the U.S. in 2005 US-JP Bilateral Input-Output Table"

Koji Nomura, Kozo Miyagawa, Hiroshi Shirane, and Kei Okamoto

2013.10

, 

Database science, Joint

Development of KDB-QALI Database 2013 (Industry-Level Qality-adjusted Labor Input)

Koji Nomura and Shiori Nakayama

Keio Economic Observatory, Keio University, 

2013.01

-

2013.03

, 

Database science, Joint

Development of APO Productivity Database 2013

Koji Nomura, Eunice Lau, Kyoko Ishikawa, Shinyoung Oh, and Hiroshi Shirane

Asian Productivity Organization and Keio Economic Observatory, 

2012.10

-

2013.09

, 

Database science, Joint

Development of APO Productivity Database 2012

Koji Nomura, Eunice Lau, Kyoko Ishikawa, Shinyoung Oh, and Hiroshi Shirane

Asian Productivity Organization and Keio Economic Observatory, 

2011.10

-

2012.09

, 

Database science, Joint

Development of APO Productivity Database 2011

Koji Nomura, Eunice Lau, Kyoko Ishikawa, Shinyoung Oh, and Hiroshi Shirane

Asian Productivity Organization and Keio Economic Observatory, 

2010.10

-

2011.09

, 

Database science, Joint

Development of APO Productivity Database 2010

Koji Nomura and Eunice Lau

Asian Productivity Organization and Keio Economic Observatory, 

2009.10

-

2010.09

, 

Database science, Joint

Development of APO Productivity Database 2009

Koji Nomura and Eunice Lau

Asian Productivity Organization and Keio Economic Observatory, 

2008.10

-

2009.09

, 

Database science, Joint

Development of APO Productivity Database 2008

Koji Nomura, Eunice Lau, and Hideyuki Mizobuchi

Asian Productivity Organization and Keio Economic Observatory, 

2008.04

-

2008.09

, 

Database science, Joint

Development of KEO Database 2006 (Industry-Level Productivity Database)

Koji Nomura

Keio Economic Observatory, Keio University, 

2005.10

-

2006.08

, 

Database science, Joint

Development of KEO Database 2003 (Industry-Level Productivity Database)

Masahiro Kuroda, Kazushige Shimpo, Koji Nomura, and Koichi Hikita

Keio Economic Observatory, Keio University, 

2002.01

-

2003.06

, 

Database science, Joint

Development of KEO Database 1996 (Industry-Level Productivity Database)

Masahiro Kuroda, Kazushige Shimpo, Koji Nomura, Nobuyuki Kobayashi

Keio Economic Observatory, Keio University, 

1995.09

-

1997.02

, 

Database science, Joint