TY  - JOUR
AU  - Jorgenson,Dale W.
AU  - Nomura,Koji
TI  - The Industry Origins of Japanese Economic Growth
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 11800
PY  - 2005
Y2  - November 2005
UR  - http://www.nber.org/papers/w11800
L1  - http://www.nber.org/papers/w11800.pdf
N1  - Author contact info:
Dale Jorgenson
Department of Economics
Littauer Center Room 122
Harvard University
Cambridge, MA  02138
Tel: 617-495-4661; djorgenson@harvard.edu
Fax: 617-495-4660
E-Mail: djorgenson@harvard.edu

Koji Nomura
Keio University
E-Mail: nomura@sanken.keio.ac.jp
AB  - 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.
ER  -