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...

Government size having a negative effect on growth mainly through hampering capital accumulation is indicated from empirical results through a fixed effects regression model. The negative effect of government size on capital accumulation persists for non-OECD countries but not for OECD countries.