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The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy

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NBER2006-03-01 更新2025-01-04 收录
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The question we address in this paper is why the Japanese miracle didn't take place until after World War II. For much of the pre-WWII period, Japan's real GNP per worker was not much more than a third of that of the U.S., with falling capital intensity. We argue that its major cause is a barrier

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2006-03-01
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