Quantity or Quality: The Impact of Labour Saving Innovation on US and Japanese Growth Rates, 1960–2004

Ryuzo Sato and Rama V. Ramachandran
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Ryuzo Sato: New York University
Rama V. Ramachandran: Pebble Brook Lane

Chapter Chapter 10 in Symmetry and Economic Invariance, 2014, pp 177-208 from Springer

Abstract: Abstract Japan’s economic growth after the World War II was miraculous. Hundreds of economic studies have been done to analyse the high performance of the economy. Recently, however, attention has turned to worrisome expectations for the future. Will Japan’s population decline put an end to the country’s macroeconomic growth?

Keywords: Production Function; Total Factor Productivity; Technical Change; Technical Progress; Japanese Economy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advchp:978-4-431-54430-2_10

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DOI: 10.1007/978-4-431-54430-2_10

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