The Industry Origins of Japanese Economic Growth

Dale Jorgenson () and Koji Nomura

No 11800, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper presents new data on the sources of growth for the Japanese economy over the period 1960- 2000. The principal innovation is the incorporation of detailed information for individual industries, including those involved in the production of computers, communications equipment, and electronic components as information technology equipment. We show that economic growth is dominated by investments and productivity growth in information technology, both for individual industries and the economy as a whole. We also show that the revival of total factor productivity growth accounts for the modest resurgence of the Japanese economy since 1995.

JEL-codes: C82 D24 E23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff, nep-his and nep-sea
Date: 2005-11
Note: EFG PR
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