Kyoji, FUKAO; Kenta, IKEUCHI; KIM, YoungGak; Ug, KWON Hyeog - Research Institute of Economy, Trade and Industry (RIETI) - 2015
In this paper, we investigate why information and communication technology (ICT) investment in Japan has stagnated … since the 1990s. Given that a notable characteristic of Japan's economy is that small as well as older firms play a much … other Japanese institutions. As factors which may result in smaller firms in Japan facing a higher price for ICT inputs, we …