This paper examines the drivers of the long-run structural transformation in Japan. We use a dynamic input …, food, textiles and transport, communication and utilities), changes in private consumption were the dominant force behind … contributed to the rapid growth of GDP in Japan throughout the 20th century. …

The labor share in Japan has been declining significantly over the last three decades, accompanied by persistent …, the existing literature on the labor share in Japan is rather limited and confined to country or industry studies. We … first attempt to analyze the drivers of the labor share in Japan at the firm level. To this aim, we employ a panel of …