You are not currently logged in.
Access JSTOR through your library or other institution:
If You Use a Screen ReaderThis content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Growth, Economies of Scale, and Targeting in Japan (1955-1990)
Richard Beason and David E. Weinstein
The Review of Economics and Statistics
Vol. 78, No. 2 (May, 1996), pp. 286-295
Published by: The MIT Press
Stable URL: http://www.jstor.org/stable/2109930
Page Count: 10
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preview not available
This paper explores the usage of various industrial policy tools in Japan. Contrary to the conventional wisdom, we find that a disproportionate amount of Japanese targeting occurred in low growth sectors and sectors with decreasing returns to scale. In addition, we find no evidence that productivity was enhanced as a result of industrial policy measures.
The Review of Economics and Statistics © 1996 The MIT Press