Japanese Technological Development: The Technological Gap Hypothesis and Its Implications

Yukihiko Kiyokawa and Mukesh Eswaran

Chapter 7 in The Japanese Business and Economic System, 2001, pp 159-179 from Palgrave Macmillan

Abstract: Abstract As research continues on the factors responsible for Japanese economic development since the Meiji Restoration, the most commonly accepted explanations of Japan’s success have been questioned. One such explanation is that the driving force behind Japanese economic development was an abundance of low-wage labour, since this made it possible to import capital goods paid for by the earnings from labour-intensive, light-industry exports.

Keywords: Diffusion Stage; Technology Choice; Japanese Experience; Intermediate Technology; Adjustment Stage (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51228-3_7

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DOI: 10.1057/9780230512283_7

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