Download or read book Education Human Capital Investment and Innovation in the Contemporary Japanese Economy written by Tamotsu Nakamura and published by Springer Nature. This book was released on 2023-01-18 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes education in Japan from the viewpoint of “the stagnant current Japanese economy”. Tomoyuki Tamagawa, a long-time mathematics teacher in junior high school, is now a vice principal. He and Tamotsu Nakamura have written Chapter 1 of this book together because they believe that the loss of vitality in the Japanese economy is due to the problem of human capital formation in school education. Shinji Oi has worked for many years at a Japanese broadcasting station and has extensive experience in human resource development. In Chapter 2, he analyzes the relationship between optimal human capital investment and labor market mobility, based on his recognition of the importance of vocational training, or human capital investment at the firm and the necessity for good allocation of human resources. Tokuji Saita is well versed not only in the realities and practices in the financial industry but also in the financial system as a whole. In Chapter 3, based on his long experience in the financial industry, he analyzes and points out the importance of “openness” of innovation from a macroeconomic point of view.
Download or read book Human Capital and Economic Growth in India Indonesia and Japan written by Bas van Leeuwen and published by Box Press shop. This book was released on 2007 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Capital and Economic Growth in Japan written by Takashi Miyahara and published by . This book was released on 2021 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, Japan's growth rate gradually declined and now lags behind those of other advanced economies and other Asian nations. Japanese government's plan to revitalize the nation's economy stresses population decline and population aging as factors that undermine national growth and development, but also highlights the need to enhance the productivity of human capital through training, economic diversification and technology advancements. Given the closed nature of its island economy, declining birth rates and significant aging of the population, Japan's human capital-focused approach to economic revitalization requires strong understanding of the roles of human capital, as well as new insights on the opportunities to transform such roles to achieve improved economic development. In this dissertation, I argue that understanding the pattern of productivity growth, the role of immigrants, the quality of human capital and the differentials between Japanese prefectures in development patterns are key to improving the performance of the Japanese economy. I therefore develop three related studies which culminate in three essays. In the first essay, I develop the theoretical framework for growth decomposition and estimate the relationship between economic growth and labor productivity at various scales and identify its determinants. I find that national and regional labor productivities grew over time but their growth rates decreased. I further found that labor productivity measures are positively correlated with physical capital, education and immigrants, but negatively correlated with population aging. In the second essay, I develop the conceptual framework for deeper understanding of the role of population aging in regional economic growth. I invoke the multiple generations model in estimating the impacts of various living Japanese generations on economic growth. I find that as generation Z (Gnz), the base generation, ages, economic output increases at a decreasing rate peaking at age 36, which is younger than current Japanese median age. This reconfirms the notion that as the Japanese society ages, the average contribution of Japanese people to the economy decreases. However, this is conditional on the distributions of other generations and their ages. The older generations, generation X, the before baby boomer generation and the first baby boomer generation, have positive additional economic contribution. On the other hand, the Yutori generation's contribution is less than Gnz and the contribution of the second baby boomer generation and generation Y stops growing at their early 20s. These suggest that younger generations are not able to replace the older ones in terms of productivity. In the third essay, I develop the conceptual framework for understanding the relative impact of both immigrants and the native population on regional economic growth. I find that the average impacts of international immigrants and natives are both positive, but that the impacts of natives are larger than those of immigrants. I further find that the impacts of immigrants are increasing over time, while natives struggle to contribute to the economy. Given the closed nature of Japanese economy and historical strictness of immigration rules, it appears that immigrants have the potential to help turn around the economic growth rate slowdown. Attempts by the Japanese government to enhance labor productivity by improving the technology environment, especially through information and communication technology seem justifiable. The findings from my three-pronged essay research make important contributions to the literature on economic transformation and are useful in labor and immigration policy for the future of Japanese society.
Download or read book The Distribution of Human Capital and Economic Growth written by Ken Tōgō and published by . This book was released on 1996 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Human Capital in the Process of Economic Development written by Liu-Hsiung Chuang and published by . This book was released on 1975 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Capital Economic Growth in Japan written by and published by . This book was released on 2004 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Capital and Economic Growth in Japan written by Kyōji Fukao and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Changing Japanese Labor Market written by Akiomi Kitagawa and published by Springer. This book was released on 2018-03-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reappraises the Japanese employment system, characterized by such practices as the periodic recruiting of new graduates, lifetime employment and seniority-based wages, which were praised as sources of high productivity and flexibility for Japanese firms during the period of high economic growth from the middle of the 1950s until the burst of bubbles in the early 1990s. The prolonged stagnation after the bubble burst induced an increasing number of people to criticize the Japanese employment system as a barrier to the structural changes needed to allow the economy to adjust to the new environment, with detractors suggesting that such a system only serves to protect the vested interests of incumbent workers and firms. By investigating what caused the long stagnation of the Japanese economy, this book examines the validity of this currently dominant view about the Japanese employment system. The rigorous theoretical and empirical analyses presented in this book provide readers with deep insights into the nature of the current Japanese labor market and its macroeconomic impacts.
Download or read book The Japanese Economy in a World of Knowledge based Growth written by Charles Irving Jones and published by . This book was released on 1998 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Women and the Economic Miracle written by Mary C. Brinton and published by Univ of California Press. This book was released on 1993 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This lucid, hard-hitting book explores a central paradox of the Japanese economy: the relegation of women to low-paying, dead-end jobs in a workforce that depends on their labor to maintain its status as a world economic leader. Drawing upon historical materials, survey and statistical data, and extensive interviews in Japan, Mary Brinton provides an in-depth and original examination of the role of gender in Japan's phenomenal postwar economic growth. Brinton finds that the educational system, the workplace, and the family in Japan have shaped the opportunities open to female workers. Women move in and out of the workforce depending on their age and family duties, a great disadvantage in a system that emphasizes seniority and continuous work experience. Brinton situates the vicious cycle that perpetuates traditional gender roles within the concept of human capital development, whereby Japanese society "underinvests" in the capabilities of women. The effects of this underinvestment are reinforced indirectly as women sustain male human capital through unpaid domestic labor and psychological support. Brinton provides a clear analysis of a society that remains misunderstood, but whose economic transformation has been watched with great interest by the industrialized world.
Download or read book Human Capital Formation as an Engine of Growth written by Loong-Hoe Tan and published by Institute of Southeast Asian Studies. This book was released on 1999 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The East Asian countries have been relatively more advanced than other developing countries in the field of human capital development. Even in the 1960s they managed to attain higher levels of human capital compared with other low- and middle-level economies in the developing world. This volume examines the role of human capital formation in the rapid growth of the East Asian economies. Apart from the formal education variable, other factors such as better health care of the labour force, nutritional status of the population, and on-the-job training are important concerns that were not given sufficient attention in the 1993 World Bank study The East Asian Miracle. This present volume offers many insights of interest to policy-makers and specialists with regard to developing (and transitional) economies.
Download or read book Human Capital Formation and Economic Growth in Asia and the Pacific written by Wendy Dobson and published by Routledge. This book was released on 2013-07-18 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The entire planet looks to Asian and other emerging markets to sustain growth momentum as traditional markets in the USA and Europe struggle with the slow and arduous processes of deleveraging after the global financial crisis. At the same time, there is growing recognition in Asia that the sources of growth must shift to sustain their own growth momentum in the years ahead. Heavy reliance on the region’s high savings rates and plentiful supplies of low-cost labour will have to shift towards increasing the human capital embodied in more educated and skilled labour forces capable of contributing to productivity growth and innovation as future drivers of growth. Human Capital Formation and Economic Growth in Asia and the Pacific focuses on why and how countries are making this shift. The demographic transition is shown to be a significant factor as ageing populations in Japan, South Korea and China manage declining growth in the labour force by stepping up investments in education, and by changing policies and institutions. Lessons to be learned from these experiences by more youthful populations in Southeast Asia are explored. In addition, attention is paid to the consequences of cross-border differentials in technical knowledge and the quantity and quality of human capital. Several implications for public policy and for international cooperation on human-capital issues in the Asian region are identified. The chapters in this volume are edited versions of papers presented at the 35th Pacific Trade and Development conference held in Vancouver, Canada, in June 2012. The conference goal was to better understand how governments and business in Asia and the Pacific can apply the key insight that one of the reasons economies grow is because of human-capital formation – the quality and diversity of the labour force are augmented – not just because the labour force grows in size. Students of Asia’s growth prospects will find several aspects of this volume of particular value. It includes chapters on the big-picture conceptual and measurement issues; on country experiences in meeting the imperatives of the demographic transition and investing in education and skills training; and on country experiences with attracting foreign knowledge and the supply and recruitment of skills across borders in Asia and the Pacific. Policymakers will also find useful the discussions of policy implications and the menu of issues requiring intergovernmental cooperation within the Asian region.
Download or read book Technological Innovation and Economic Development in Modern Japan written by Guan Quan and published by Routledge. This book was released on 2020-11-29 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the first volume of the two-volume Industrial Development in Modern China: Comparisons with Japan that studies the different paths of industrialization and economic modernization between China and Japan, this book analyzes the relationship between technological innovation and economic development in Japan before World War II. The author deploys econometric analysis, multivariate statistical analysis and case studies from different industries to shed light on technological innovation in the Japanese context with particular emphasis on the importance of the patent system. A great deal of new inventions and patents in this period led to fast economic growth in Japan characterized by the simultaneous development of both traditional and modern industries. These insights help reshape the understanding of Japan's economic development and industrial advancement at an early stage and provide pointers to developing countries as to how human capital, social capabilities and thereby technological innovation can figure in economic growth. This volume will appeal to academics of the East Asian economy, development economics and modern economic history as well as general readers interested in the miracle of the Japanese economy as the first to achieve economic development and modernization among non-Western countries.
Download or read book Human Resources in Japanese Industrial Development written by Hisashi Kawada and published by Princeton University Press. This book was released on 2014-07-14 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: By focusing on the educational and skill training institutions Japan has developed to generate human resources for modern industry, this book represents a new contribution to the historical analysis of Japan's modern economic growth. The authors concentrate on those large-scale industries that seem to pose the greatest challenges for an agrarian society, such as Japan was in the 1870's, in order to show how an economically less developed country becomes an advanced industrialized nation. Originally published in 1980. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Human Resource Management in Japan written by Philippe Debroux and published by Routledge. This book was released on 2017-11-22 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Seeking to demonstrate a high level of insight, this is an analysis of the characteristics and advantages of Japanese human resource management. It describes the situation and the main trends in the transformation of the Japanese human resource management and employment practices, and investigates the possible options for the future. The work should be useful to academics and policy makers dealing with Japan and courses on human resource management and economics.
Download or read book Community Market and State in Development written by K. Otsuka and published by Springer. This book was released on 2010-11-03 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'How to combine the community, the market, and the state in the total economic system is probably the most important agenda for economists geared towards the reduction of poverty in developing economies'. - Professor Yujiro Hayami This volume brings together leading scholars from all around the world to examine and extend Professor Hayami's development model of 'community, market and state', and to pay tribute to his invaluable contribution to economics. The authors provide new empirical analysis with a clear focus on the role of the community in economic development, and its relations with agricultural markets, industrialization and the government, using primary data from major countries in Asia and Africa. This book is indispensable reading for all interested in development economics, government and market studies and international development studies.
Download or read book Compositional Change of Heterogeneous Labor Input and Economic Growth in Japan written by Hajime Imamura and published by . This book was released on 1988 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
