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Construction Cycles and Their MonetaryFinancial Charac
Patterns of Industrial Development Yuichi Shionoya
Industrialization Technological Progress and Dual Struc
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adjustment aggregate aggregate demand agriculture analysis annual backlog Bank of Japan borrowing capita consumption capital formation column commodities compared construction cycle consumer expenditures corporate bonds decline demand developed countries dual structure economic growth effect equipment cycle estimates expansion exports factor Figure financing fiscal fixed investment foreign trade government bonds government consumption government investment gross growth rate heavy industry high rate higher Hitotsubashi University import substitution imports investment spurt Japanese economy Kuznets labor force loans long swings machinery Meiji Meiji Era ment moving average Ohkawa paid-up capital paper pattern percent percentage phase prefectures price index private sector proportion rate of change rate of growth ratio relative rise savings share Shinohara Simon Kuznets Statistics Table technological progress textiles tion Tokyo total product traditional trend tures type of equipment United wage differentials West Germany worker World