NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Industry Origins of Japanese Economic Growth

Dale W. Jorgenson, Koji Nomura

NBER Working Paper No. 11800
Issued in November 2005
NBER Program(s):   EFG   PR

This paper presents new data on the sources of growth for the Japanese economy over the period 1960- 2000. The principal innovation is the incorporation of detailed information for individual industries, including those involved in the production of computers, communications equipment, and electronic components as information technology equipment. We show that economic growth is dominated by investments and productivity growth in information technology, both for individual industries and the economy as a whole. We also show that the revival of total factor productivity growth accounts for the modest resurgence of the Japanese economy since 1995.

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Document Object Identifier (DOI): 10.3386/w11800

Published: Jorgenson, Dale W. and Koji Nomura. "The Industry Origins Of Japanese Economic Growth," Journal of the Japanese and International Economies, 2005, v19(4,Dec), 482-542. citation courtesy of

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