The Japanese Business and Economic System: History and by Masao (Edt), Nakamura

By Masao (Edt), Nakamura

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649-698. Management and Coordination Agency of Japan (MCAJ) (1998a) Labor Force Survey (Tokyo: Statistics Bureau). Management and Coordination Agency of Japan (MCAJ) (1998b) Survey of Research and Development (Tokyo: Statistics Bureau). Nakajima, T. (1992) Growth Factors of the Japanese Economy (in Japanese), Ministry of International Trade and Industry Research Institute, Research Series no. 12 (Tokyo: MITI). Nakajima, T. and K. Hamada (1997) 'Issues on Japan's Intellectual Product' Managerial and Decision Economics, vol.

This was followed by extraordinary growth in the 1960s. 8 Sources of post war economic growth: estimates for the 1950s to the late 1960s (per cent) Labour input Watanable and Ekaizu (1965) Sato (1971) Ohkawa and Rosovsky (1973) Kanamori (1972) Yoshihara and Ra tcliffe (1972) Denison and Chung (1976) Ezaki (1977) Jorgenson and Nishimizu (1978) Kosai and Toshida (1981) Kuroda et al. (1987) Capital input TFP Period and comments 13 70 1950-60 19 30-50 30-40 1930-67 1955-63 60 27 1955-67 1952-65 22 37 44 National income, 1953-71; economies of scale and other factors account for 33 per cent 1952-71 1952-73 1955-80 21 24 15 45 35 16 45 34 GDE growth, 1960-73; sources outside the household sector account for 5 per cent 26 Japan's Economic Growtli there seems to be a general consensus on the sources of economic growth from the 1950s to the 1960s.

Note also that firms' observed cost shares for the blue-collar sector gives an estimate for o. 11. 11. Only firms with fiscal years ending in March for the sample period 1985-93 were included to minimize errors resulting from differing measurement periods (calendar year). Using this information, each firm's establishments were identified in terms of their main products, number of employees and capital stock. The financial statements, however, do not provide information on output by establishment, but the Ministry of International Trade and Industry (MITI) annually publishes data on these establishments for 4-digit-Ievel industry classification, in group average form.

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