LABOUR PRODUCTIVITY GROWTH IN THE LONG RUN: JAPAN, 1600–1909

Tokihiko Settsu and Masanori Takashima

Australian Economic History Review, 2020, vol. 60, issue 1, 5-26

Abstract: This article examines long‐term labour productivity change in Japan from the early seventeenth century to the nineteenth century. We constructed sectoral labour force estimates based on the methodology presented in a previous study, who provided a sectoral GDP series covering the Tokugawa period. Our results show the industrial structure in the Tokugawa period remained relatively stable in comparison with the economy after the Meiji Restoration. Nevertheless, the estimates of sectoral labour productivity suggest expansion of the market economy in Tokugawa Japan influenced the development of industrialisation after the Meiji Restoration.

Date: 2020
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