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BestsellerE-book
Author Ogawa, Kazuo, 1954-

Title Japan out of the lost decade : divine wind or firms' efforts / prepared by Kazuo Ogawa, Mika Saito, and Ichiro Tokutsu.

Publication Info. [Washington, D.C.] : International Monetary Fund, [2012]
©2012

Item Status

Description 1 online resource (40 pages).
text file
Series IMF working paper ; WP/12/171
IMF working paper ; WP/12/171.
Note Title from PDF title page (IMF Web site, viewed Jul. 11, 2012).
Summary A surge of exports in the 2000s helped Japan exit the severe decade-long stagnation known as the lost decade. Using panel data of Japanese exporting firms, we examine the sources of the export surge during this period. One view argues that the so-called "divine wind" or exogenous external demand boosted Japanese exports. The other view emphasizes the role of supply factors such as productivity gains, materialized after long-fought restructuring efforts during the lost decade. Estimating the firm-level export function allows us to assess the relative importance of these demand and supply factors. Evidence shows that firms' efforts were more important than the divine wind.
Bibliography Includes bibliographical references.
Note "Strategy, Policy, and Review Department."
"July 2012."
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Exports -- Japan.
Exports.
Japan.
Industrial productivity -- Japan.
Industrial productivity.
Genre/Form Electronic books.
Added Author Saito, Mika, 1967-
Tokutsu, Ichirō, 1953-
International Monetary Fund. Strategy, Policy, and Review Department.
ISBN 9781475590401
1475590407
ISSN 2227-8885
Standard No. 10.5089/9781475590401.001