POLARIZATION AND POLITICO‐ECONOMIC CHANGE: A REFLECTION ON THE JAPANESE AND U.S. CASES

Koichi Mera

Papers in Regional Science, 1995, vol. 74, issue 2, 175-185

Abstract: ABSTRACT The positive association between the growth of polarized urbanized areas and economic growth well as the association between economic policy orientation and economic growth are examined with records covering a 40‐year period, starting in 1950, for both Japan and the U.S. Based on a comparison of periods with distinct growth rates, this positive association was confirmed for both countries. In the case of Japan, an economic policy in favor of small government was found to be associated with higher economic growth. However, no such association was found for the U.S. Instead, it was found that an optimistic and self confident state of mind is associated with a higher degree of polarization in the U.S. The difference between the two cases may be attributable lo differences in national priorities.

Date: 1995
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https://doi.org/10.1111/j.1435-5597.1995.tb00635.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:presci:v:74:y:1995:i:2:p:175-185

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