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KKICHI EMI 《The Developing economies》1967,5(2):247-273
The high rate of investment sustained by a high rate of saving has accelerated continuously the rapid growth in the Japanese economy since the Meiji period. This paper presents the estimation of annual capital formation by sector-public and private-and by type of investment. The estimates have revealed many facts regarding the relation between some specific aspects of economic growth and the rate of capital formation; the different roles of capital formation attained in different sectors; and the relation between precedence and lag observed among the difflerent types of investment. 相似文献
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