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Growth Regimes in Japan and the United States in the 1990s

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  • Uni, Hiroyuki

Abstract

Régimes de croissance au Japon et aux Etats-Unis dans les années 1990À partir du concept kaldorien de « causalité cumulative », on peut identifier les causes de la stagnation au Japon et de la croissance économique élevée aux États-Unis durant les années 90. À cette fin, nous commençons notre étude par une analyse descriptive des régimes de productivité du travail et de la norme de consommation. En suite, nous estimons séparément ces régimes dans ces deux pays, durant deux périodes : les années 80 et les années 90.Selon notre évaluation, on observe une contraction de la dynamique de la demande au Japon qui est à l’origine de la stagnation. Aux États-Unis, on constate à la fois une augmentation du régime de demande et de productivité qui explique les niveaux élevés de la croissance. Les causes des modifications des régimes sont en suite clarifiées par l’analyse empirique.

Suggested Citation

  • Uni, Hiroyuki, 2007. "Growth Regimes in Japan and the United States in the 1990s," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 1.
    • Handle: RePEc:rvr:journl:2007:2152
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    References listed on IDEAS

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    1. Kaldor, Nicholas, 1970. "The Case for Regional Policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(3), pages 337-348, November.
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    2. Eckhard Hein & Artur Tarassow, 2010. "Distribution, aggregate demand and productivity growth: theory and empirical results for six OECD countries based on a post-Kaleckian model," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(4), pages 727-754.

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