Iwaisako, Tokuo (contributor) - 2004
business-cycle viewpoint, it is
natural to suspect that underinvestment has been the problem. However, a long-term
view … emphasizes the role of the business cycle, particularly recessions,
in the process of structural change and sectoral shifts
2 … studies mentioned in this section, it suggests the
following. First, there is little evidence that the slowdown in business …