Research Programs: Industry Frontiers

New Indicator Development and Economic Analysis using Big Data: Service industries

Project Leader/Sub-Leader

KONISHI Yoko

KONISHI Yoko (Senior Fellow)

Leader

Overview

The global COVID-19 pandemic has demonstrated the value of big data, showing that its prompt use would be effective for responding to unprecedented circumstances and formulating new policies. This project will combine public statistics, government records, and private-sector data to develop the new economic indicators and analyses that are sorely needed in society and likely to directly impact policy formulation and evaluation. The COVID-19 pandemic has resulted in structural changes in many industries, forcing people to adopt new lifestyles and making them more aware of what they want to know as well as what they do not know. Our analysis will also cover the future of the tourism industry, changes in the consumption of food and daily necessities, and the current status of e-commerce and cashless transactions in Japan and their economic impacts in an effort to create and release economic indicators that would complement public statistics.

March 8, 2021 - August 31, 2023

(During the research project period, the research activity period is set from March 8, 2021 to February 28, 2023, and the data usage reporting period is set from March 1, 2023 to August 31, 2023.)