Miyagawa, Tsutomu; Hisa, Shoichi - In: Public Policy Review 9 (2013) 2, pp. 405-432
We measure intangible investment by industry in Japan based upon the JIP (Japan Industrial Productivity) database and other primary statistics. Expenditures on intangibles in Japan amounted to around 43 trillion yen, accounting for around 9% of GDP in the 2000s. The ratio of intangible...