Driving Forces of Economic Structural Change: The Case of Japan in the Last Decade
Major economic structural changes in the near future are not likely to take place either in robotization or in bio-related industries. On the other hand, changes in Japanese agriculture, mining and some of the domestic service sectors are going to be major or massive ones. The prolonged process of “internal” adjustment will bring about economic frictions between Japan and its trading partners.
KeywordsRelative Price Technical Progress Relative Prex Labor Productivity Growth Export Industry
Unable to display preview. Download preview PDF.
- Ban, K. (1985), Energy Price and Corporate Factor Demand - Case of Japanese Manufacturing Industry. (Tokyo: Report of Special Energy Study, Ministry of Education, Government of Japan).Google Scholar
- Kuroda, M. (1985), Economic Growth and Total Factor Productivity - A Japan-US Comparison. (Tokyo: Special Energy Study, Government of Japan).Google Scholar
- Murota, Y. with Itoh, H. (1983), A Macroeconomic Model with Trans-log Cost Functions. (Japan Economic Research).Google Scholar
- Peck, M.J. with Tamura, S. (1976), Technology, pp. 525–585 in: H. Patrick and H. Rosovsky (eds.), Asia’s New Giant: How the Japanese Economy Works. ( Washington, DC: Brookings Institution ).Google Scholar