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Scholarly discussions on economic development in history, specifically those linked to industrialization or modern economic growth, have paid great attention to the formation and development of the market economy as a set of institutions able to augment people's welfare. The role of specific...
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This paper presents an empirical productivity comparison between Japan and Germany, focusing on organization, R&D and … in productivity advantage from Germany to Japan at around 1980. It is argued that Japanese productivity gains arose from …
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