The benefit of efficiency improvement on growth and convergence: A study using Japan panel data

Empirical results through a fixed effects regression model show that technological catch-up is three times as effective as capital deepening but both have done much to cause economic convergence among Japanese prefectures (regions). Results are contrary to existing research on East Asian growth experience.

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Year of publication:	2008
Authors:	Yamamura, Eiji ; Shin, Inyong
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 99.2008, 1, p. 209-211
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005307299