chapter  9
Accounting for inclusive wealth of regions: prefecture-level analysis in Japan during 1990–2010
BySHINYA IKEDA, HIROKI NAKAMURA, SHUNSUKE MANAGI
Pages 36

Could rural areas improve their sustainability or forestall their decline? Although the regional income disparity has been a long-run development issue of concern since the seminal work of Williamson (1965), the necessity of solving the problem of a regional crisis through depopulation and aging, which is leading to an unsustainable society, has been increasingly asserted in Japan (Abe and Alden 1988; Masuda 2014). However, forecasting regional situations fairly depends on population projections, and the effects of other factors in regional sustainability have not been fully considered for a comprehensive understanding (e.g., climate change, depletion of natural resources, and loss of health in human capital).