Suamik
Paul y Kyoji Fukao publicaron The Role of
Structural Transformation in Regional Productivity Growth and Convergence in
Japan: 1874 - 2008, en cuyo abstract leemos: "Japan’s regional
convergence of productivity levels throughout the 20th century can be best
described as a cumulative process of “catching up, forging ahead, and falling
behind”. Using a novel dataset spanning 135 years (1874 – 2008), this study
finds support for a crucial role played by structural transformation in
convergence. The pace of productivity catch-up and convergence accelerated in
the mid-1950s with the help of structural transformation, particularly in the
period from 1955–1965. Structural transformation explains, on average, about
30% of the aggregate productivity growth, and its effect intensified in
prefectures with faster movements of labor across sectors and larger sectoral
productivity gaps. However, since the early 1970s, its contribution to the
convergence was frequently offset by within-sector productivity growth, in turn
thwarting the pace of convergence. These counter-balancing effects contributed
to the diverse pathways of productivity catch-up at the prefecture level."
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