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Evolution of Economic Systems: The Case of Japan

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Author Info

  • Okazaki, T.
  • Okuno-Fujiwara, M.

Abstract

In this paper, we shall provide a theoretical overview of what are the chief implications of fucusing institutions and economic systems, what are the main sources of their evolution, how are their evolutionary paths affected by various economic factors. In the latter half, we shall provide a brief historical account of evolution of an actual economic system using Japanese economic history as an example.

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Bibliographic Info

Paper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0444.

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Length: 59 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:dpr:wpaper:0444

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Keywords: ECONOMIC SYSTEMS ; GAME THEORY;

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Cited by:
  1. Masahiko Aoki, . "The Evolution of Organizational Conventions and Gains from Diversity," Working Papers 97032, Stanford University, Department of Economics.
  2. Chiaki Moriguchi, 2000. "The Evolution of Employment Relations in U.S. and Japanese Manufacturing Firms, 1900-1960: A Comparative Historical and Institutional Analysis," NBER Working Papers 7939, National Bureau of Economic Research, Inc.

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