9_29_Notes - 1 Econ 4730 F2008 9/29/2008 The relationship...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Econ 4730 F2008 9/29/2008 The relationship among the firwst five chapters of Wan (2004) are as follows. There are four items in the prescriptive part, the first three regards the roles of The State The (large) firms, and The trade in catching-up growth as well as a commonly used tool to measure growth performance, The total factor productivity growth (also discussed in Article 15, Wan, 2006). It is appropriate to use the Japanese experience to consider the issues of the roles of the state, the large firms, and trade. The role of the State in Japanese growth is profound, but indirect – most of the time – like the umpire in team sport, who does not partcipate in the way of a player. This is seen in a number of instances: Agriculture, which financed the initial effort for industrialization during the Meiji era. By Hayami (1975) A century of agricultural growth in Japan , University of Tokyo Press, progress in productivity growth was due to government effort in introducing chemical fertilizer and crop varieties suitab le for it. Heavy industry
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

9_29_Notes - 1 Econ 4730 F2008 9/29/2008 The relationship...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online