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A Dynamic Model of Japanese Economic Development, 1887–1915*

Published online by Cambridge University Press:  23 March 2011

Hugh Patrick
Hugh Patrick
Affiliation:
Yale University
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Type
Review Articles
Information
The Journal of Asian Studies , Volume 35 , Issue 3 , May 1976 , pp. 475 - 482
Copyright
Copyright © Association for Asian Studies, Inc. 1976

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References

1 This is the common acronym for Ohkawa, Kazushi, Shinohara, Miyohei, and Umemura, Mataji (eds.), Estimates of Long-Term Economic Statistics of Japan (Tōkyō: Toyo Keizai Shimpōsha, 1965-), 13Google Scholar vols.

2 Minami, Ryoshin, The Turning Point in Economic Development: Japan's Experience (Tokyo: Kinokuniya Bookstore Co., 1973).Google Scholar

3 This excludes models of international trade in which a country has two productive sectors-one for traded goods and services, the other solely for the home market.

4 Kelley, Allen C., Williamson, Jeffrey G., and Cheetham, Russell J., Dualistic Economic Development: Theory and History (Chicago: University of Chicago Press, 1972)Google Scholar; reviewed in journal of Asian Studies, XXXIII, 2 (Feb. 1974), pp. 319-21.

5 Though not clarified in the text, the authors have assured me by letter that they did not experiment with different parameter values.

6 Computed from LTES, Vol. 1: National Income (1974), Table 1, p. 178.

7 Between 1903-14 Japan was a net borrower in all years but two, in a cumulative amount of 934 million yen, equal to 15.6% of cumulative gross national saving for the period. Ibid., Table 6, p. 190.

8 I benefited from discussions with Gary Saxonhouse on these points.