economies and the economies of developing economies. Arguing that such groups provided this coordination in prewar Japan after a …

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 … feudal elite; withdrew its hand with a propitious mass privatization that rallied the private sector; marginalized an …

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 … feudal elite; withdrew its hand with a propitious mass privatization that rallied the private sector; marginalized an …

We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and … foreign private and public research and development (R&D) in vector-error-correction models (VECMs) for Japan with data from … (TFP), and has higher internal rates of return than private R&D changes and therefore could speed up Japan's growth; (ii …

in prewar Japan after a state-run big push failed, we propose that pyramidal business groups are private …