All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Kengo Nutahara
 
''Structural Changes and Economic Growth: Evidence from Japan''
( 2008, Vol. 15 No.9 )
 
 
In this paper, we introduce an index of structural changes of the economy, and investigate the relationship between economic growth and structural changes in the Japanese economy We find that (i) there is no clear relationship between structural changes and business cycles in the short run however, (ii) the long run movements of structural changes are positively correlated with economic growth. In the short run, our result is consistent with the neoclassical view it is also consistent with the Schumpeterian view of economic growth in the long run.
 
 
Keywords:
JEL:
E0 - Macroeconomics and Monetary Economics: General
 
Manuscript Received : Apr 14 2008 Manuscript Accepted : Jun 23 2008

  This abstract has been downloaded 373 times                The Full PDF of this paper has been downloaded 87781 times