returns, random growth, and locational fundamentals. To do so, we examine the distribution of regional population in Japan …

featuring market effects trade models to account for the structure of regional production in Japan. We find support for the …

period 1994-2006 in Japan and 7,828 firms over the period 1993-2008 in the Netherlands, we first apply two procedures to …

transfers from the U.S. to Western European countries and Japan were an important factor in driving growth in these recipient …

use of the telegraph, the growth in commercial branch banking networks, and the development of Bank of Japan's branches … institutional changes played an important role in creating a national capital market in Japan. In particular, the diffusion in the … reduced interest-rate differentials. Bank regulation appears to have played little role in impeding financial market …

United Kingdom, Japan, and the United States. Available data on the capital-output ratio suggest that these countries grew as …