The image generation device generates a new moving picture of a subject based on first and second moving pictures shot with a single-chip color image sensor, which detects two light rays including first and second color components, respectively, to represent the first and second color components of the subject. As the first moving picture has been shot in a longer exposure time than the second moving picture, the first picture has a lower frame rate than the second picture. The image generation device includes: a getting section which gets video signals representing the first and second moving pictures, respectively; a processing section which generates a new moving picture with as high a frame rate as the second moving picture based on the respective video signals representing the first and second moving pictures gotten; and an output section which outputs the new moving picture.