Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of …

this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian … colonies, including Korea, Taiwan and Palau. In 1939 Japan began to survey and register private land in its island colonies, an … land registration obsolete. Third, considering all of Japan's colonies, we use the presence or absence of a land survey as …

growth varies considerably over time and across the four countries, and it is always less important, except in Japan, than … Japan (30%), while TFP levels are very close in France, the United Kingdom and the United States, but much lower (40%) in … Japan …

Japan's zaibatsu, or pyramidal business groups, provided this coordination after the Meiji government failed at the task. We … that unique historical circumstances aided their success in prewar Japan. Specifically, Japan uniquely marginalized its …

This paper studies the evolution of income concentration in Japan from 1886 to 2002 by constructing long-run series of … despite the high economic growth; and (4) top income composition in Japan has shifted dramatically from capital income to … Japan have remained remarkably stable over the recent decades. We show that the change in technology or tax policies alone …

(1700-1850), the United States (1790-1850), and Japan (1880-1913) suggests that the emergence of financial instruments …