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Growth, Economies of Scale, and Targeting in Japan (1955-1990)

Year: 1996
Type: article
Abstract: This paper explores the usage of various industrial policy tools in Japan. Contrary to the conventional wisdom, the authors find that a disproportionate amount of Japanese targeting occurred in low-growth sectors and sectors with decreasing returns to scale. In addition, they find no evidence that productivity was enhanced as a result of industrial policy measures. Copyright 1996 by MIT Press.
Language: English
Open Access status: green
OpenAlex ID: W3123695883
FWCI: 49.91
Cites:
Cited by: 402
Related to: 10