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The Transformation of Growth Regime and De-industrialization in Japan

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  • Uemura, Hiroyasu
  • Tahara, Shinji

Abstract

This study analyzes the long-term transformation of growth regime and the process of de-industrialization in Japan, taking account of domestic institutional changes and international economic relations. Influenced by the structural changes in the manufacturing industry and the long-lasting recession, de-industrialization has accelerated in the Japanese economy since the 1990s. In particular, linkages between the export-goods manufacturing industry and the business-related service industry are analyzed to understand the characteristics of de-industrialization. In this study, we have attempted to extend the theoretical framework of the growth regime in the régulation theory, taking account of long-term industrial structural changes. Both the macroeconomic analysis of growth and distribution and Input-Output Analysis are conducted on the basis of institutional analysis. This study employs the régulationist perspective to consider the possibility of a new growth regime in Japan.

Suggested Citation

  • Uemura, Hiroyasu & Tahara, Shinji, 2014. "The Transformation of Growth Regime and De-industrialization in Japan," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 15.
    • Handle: RePEc:rvr:journl:2014:10777
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    References listed on IDEAS

    as
    1. Robert Rowthorn & Ramana Ramaswamy, 1999. "Growth, Trade, and Deindustrialization," IMF Staff Papers, Palgrave Macmillan, vol. 46(1), pages 1-2.
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    Cited by:

    1. Ansgar Belke & Ulrich Volz, 2020. "The Yen Exchange Rate and the Hollowing Out of the Japanese Industry," Open Economies Review, Springer, vol. 31(2), pages 371-406, April.
    2. Du, Xiuying & Xie, Zixiong, 2020. "Occurrence of turning point on environmental Kuznets curve in the process of (de)industrialization," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 359-369.
    3. Hiroshi Nishi, 2016. "Structural change and transformation of growth regime in the Japanese economy," Evolutionary and Institutional Economics Review, Springer, vol. 13(1), pages 183-215, June.
    4. Wooseok Ok, 2016. "The Korean exception: service outsourcing by manufacturing firms and the role of institutions," Evolutionary and Institutional Economics Review, Springer, vol. 13(1), pages 165-182, June.

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    More about this item

    Keywords

    régime de croissance japonais; désindustrialisation; théorie de la régulation; analyse d’entrées-sorties; transformation de l’économie japonaise; Japanese growth regime; de-industrialization; régulation theory; input-output analysis; transformation of the Japanese economy; régimen de crecimiento japones; desinustrialización; teoróa de la regulación; análisis de insumo-producto; transformación de la economóa japonesa;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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