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This article examines the changing roles of human capital in the process of the formation of industrial clusters, changes in marketing channels, and the relocation of the industrial base to less developed areas and abroad, based on a case study of a garment cluster in postwar Japan. We found,...
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Poor management has long been suspected as a major constraint on job creation in the manufacturing sector in low-income countries. In this sector, countless micro and small enterprises in industrial clusters account for a large share of employment. This paper examines the roles of industrial...
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The need to construct an effective strategy for industrial development in low-income countries has been largely ignored by development economists because industrial policies have failed in many developing countries. This does not imply, however, that industrial development cannot be promoted....
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It is widely believed that land tenure insecurity under a customary tenure system leads to a socially inefficient resource allocation. This article demonstrates that the practice of granting secure individual ownership to tree planters spurs earlier tree planting, which is inefficient from the...
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This study attempts to explore how an industry evolves over time based on a case study of the motorcycle industry in Japan from 1948 to 1964. Using individual firm data, we estimate the determinants of technology improvement and firm growth separately for different development phases, after...
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