| Budget Amount *help |
¥16,510,000 (Direct Cost: ¥12,700,000、Indirect Cost: ¥3,810,000)
Fiscal Year 2020: ¥4,940,000 (Direct Cost: ¥3,800,000、Indirect Cost: ¥1,140,000)
Fiscal Year 2019: ¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000)
Fiscal Year 2018: ¥4,680,000 (Direct Cost: ¥3,600,000、Indirect Cost: ¥1,080,000)
Fiscal Year 2017: ¥2,860,000 (Direct Cost: ¥2,200,000、Indirect Cost: ¥660,000)
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| Outline of Final Research Achievements |
Conventional wisdom holds that pre-war Japan's industrialization started from a low level of development but exhibited a rapid growth performance. This project challenges that scenario with two major findings. The first issue concerns the ratios that divide gross output into intermediate inputs and value added. Based on business reports released by individual joint-stock companies, the trend was for the share of intermediate inputs to decline over time. The second is the lack of accurate estimates on output of small workshops (defined as those employing less than five workers). Having scrutinized factory survey data for nine industries and conducted regression analysis focusing on a certain group of smaller size categories, we successfully estimated a time-series of output for each industry, showing a‘the earlier the higher' tendency for the less-than-five, suggesting that Meiji Japan's industrial sector was larger but the subsequent level of growth slower than previously thought.
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