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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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aggregate aggregate demand agriculture analysis annual backlog Bank of Japan borrowing capita consumption capital formation CN CN CN column commodities compared constant prices construction cycle consumer expenditures corporate bonds decline demand dual structure economic growth effect equipment cycle estimates expansion exports factor Figure financing fiscal fixed investment foreign trade government bonds government investment gross growth rate heavy industry high rate higher Hitotsubashi Hitotsubashi University import substitution imports International investment spurt Japanese economy Kuznets labor force long swings machinery manufacturing Meiji Meiji Restoration ment moving average nomic Ohkawa output paid-up capital paper pattern percent phase 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 type of equipment United wage differentials worker World