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A Note on Japanese Industrialization Pattern in Comparative Perspective
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- Authors
- Issue Date
- 1990-07
- Citation
- Seoul Journal of Economics, Vol.3 No.3, pp. 327-348
- Keywords
- MEG ; Silk production
- Abstract
- This note gives a synoptical look at Japanese industrialization
process in the order of standard periodization, and compares
Japanese economic growth, especially in the early MEG
stage, with those of nineteenth century European, and of postwar
developing countries' development patterns. To this end, a
revised income series was obtained, and characteristic features
at similar income levels were put against the Chenery-Syrquin
type "normal" variations. Among others, most idiosyncratic
aspects of Japanese development pattern lie in the structure of
production and sectoral productivity. Very high growth rate and
slow structural change produced a large and increasing productivity
gap, resulting in the demise of rural area.
- ISSN
- 1225-0279
- Language
- English
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