A tale of two SICs: Japanese and American industrialisation in historical perspective

Date

2016-07

Authors

Tang, John

Journal Title

Journal ISSN

Volume Title

Publisher

Wiley

Abstract

Late-developing countries often adopt best practice technologies pioneered abroad, facilitating convergence toward leading economies. Meiji Japan (1868–1912) is one successful example of industrial convergence, but much of the evidence relies on national aggregates or selected industries. Using historical industry data, this paper examines whether Japan adopted new technologies faster compared to the United States. Contrary to conventional wisdom, new sectors did not appear relatively sooner in Japan, however, they did grow to economic significance faster.

Description

Keywords

convergence, industry classification, survival analysis, technologyadoption and diffusion

Citation

Source

Australian Economic History Review

Type

Journal article

Book Title

Entity type

Access Statement

Open Access

License Rights

Restricted until