Showing 1 - 10 of 1,636
Using patent data from the United States, Japan, and Germany, this paper examines both the innovation and diffusion of …) standards, both Japan and Germany introduced stringent nitrogen dioxide (NOX) standards much earlier than the US. Nonetheless … environmental regulations. Moreover, any technology transfer that occurs appears to be indirect. Domestic innovation occurs even for …
Persistent link: https://www.econbiz.de/10012468050
United Kingdom, Japan, and the United States. Available data on the capital-output ratio suggest that these countries grew as … present a multicountry model of technological innovation and diffusion which has the implication that, for a wide range of …
Persistent link: https://www.econbiz.de/10012473670
Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of …
Persistent link: https://www.econbiz.de/10012477344
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 …
Persistent link: https://www.econbiz.de/10012462106
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 …
Persistent link: https://www.econbiz.de/10012463072
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 …
Persistent link: https://www.econbiz.de/10012465482
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 …
Persistent link: https://www.econbiz.de/10012466104
(1700-1850), the United States (1790-1850), and Japan (1880-1913) suggests that the emergence of financial instruments …
Persistent link: https://www.econbiz.de/10012469373
Measures of productivity growth typically include in the Productivity "residual" the impacts of subequilibrium from fixity of factors, costs of adjustment, returns to scale and markups. This paper proposes a general two part framework for adjusting the residual measure to take these impacts into...
Persistent link: https://www.econbiz.de/10012476055
This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...
Persistent link: https://www.econbiz.de/10012453601