Studies comparing regional income in Japan before and after World War II have frequently drawn a picture of radical … of modern Japan's economic development presented here is very different from the one painted by preceding studies …

Japan overall are estimated. Third, the determinants of the factories performance are identified and estimated. We find that … factories in Japan in most industries. However, this is not the case in high-tech industries. …

productivity catch-up at the firm level using the distance from the technology frontier as a direct measure of the potential for … indicates that policies to raise the technology level of national frontier firms are beneficial for all firms in that country …