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Revisiting Economic Growth in Meiji Japan: Industrial Structure, Labour Productivityand Regional Inequality

Author

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  • Settsu, Tokihiko
  • Bassino, Jean-Pascal
  • Fukao, Kyoji

Abstract

The Japanese economy embarked in the last decades of the 19th century on a process of innovation leading to an acceleration of economic growth. As available estimates of national accounts (Ohkawa and Shinohara 1979) provide only country level figures starting in 1885, the distinctive features of the early phase of Japanese economic development remain a matter of debate and conjecture. Relying on new sectorial GDP and labour productivity estimates for 1874, 1890, and 1909, for each of the 47 prefectures (Fukao et al. 2015), we conduct a quantitative analysis of structural change during Meiji Japan's economic miracle, accounting also for its regional dimension.

Suggested Citation

  • Settsu, Tokihiko & Bassino, Jean-Pascal & Fukao, Kyoji, 2016. "Revisiting Economic Growth in Meiji Japan: Industrial Structure, Labour Productivityand Regional Inequality," Economic Review, Hitotsubashi University, vol. 67(3), pages 193-214, July.
    • Handle: RePEc:hit:ecorev:v:67:y:2016:i:3:p:193-214
    DOI: 10.15057/28099
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    Cited by:

    1. Bassino, Jean-Pascal & Broadberry, Stephen & Fukao, Kyoji & Gupta, Bishnupriya & Takashima, Masanori, 2019. "Japan and the great divergence, 730–1874," Explorations in Economic History, Elsevier, vol. 72(C), pages 1-22.
    2. Fukao, Kyoji & 深尾, 京司 & Paul, Saumik, 2017. "The Role of Structural Transformation in Regional Convergence in Japan: 1874-2008," SSPJ Discussion Paper Series DP17-001, Service Sector Productivity in Japan: Determinants and Policies, Institute of Economic Research, Hitotsubashi University.
    3. Bassino, Jean-Pascal & Lagoarde-Segot, Thomas & Woitek, Ulrich, 2022. "Prenatal climate shocks and adult height in developing countries. Evidence from Japan (1872–1917)," Economics & Human Biology, Elsevier, vol. 45(C).
    4. Bassino, Jean-Pascal & Lagoarde-Segot, Thomas & Woitek, Ulrich, 2020. "The irreversible welfare cost of climate anomalies. Evidence from Japan (1872-1917)," Discussion Paper Series 704, Institute of Economic Research, Hitotsubashi University.

    More about this item

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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