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The Role of Sectoral Technical Change in Development: Japan, 1880–1965

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  • Mitoshi Yamaguchi
  • Hans P. Binswanger

Abstract

The goal of this study is to understand and measure the effect of differential rates of technical change in the agricultural and nonagricultural sector on per capita income growth and sectoral allocation of income and factors of production. A fairly simple dynamic general equilibrium model with an agricultural and nonagricultural sector was constructed along neoclassical lines (but including labor market imperfections) and applied to Japanese data from 1880 to 1965. Nonagricultural technical change contributed more to per capita income growth than agricultural technical change. The latter also tends to push resources, particularly labor, out of the agricultural sector.

Suggested Citation

  • Mitoshi Yamaguchi & Hans P. Binswanger, 1975. "The Role of Sectoral Technical Change in Development: Japan, 1880–1965," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(2), pages 269-278.
  • Handle: RePEc:oup:ajagec:v:57:y:1975:i:2:p:269-278.
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    File URL: http://hdl.handle.net/10.2307/1238502
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    1. Yamaguchi, Mitoshi & Sanker, M.S. SriGowri, 2006. "Adjustment of Exchange Rate and its Impact on Sri Lanka’s Agriculture under Policy Reforms," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139930, Australian Agricultural and Resource Economics Society.
    2. Yamaguchi, Mitoshi & Sanker, M.S. SriGowri, 2005. "Growth Accounting for Sri Lanka’s Agriculture with special reference to Fertilizer and Non-Agriculture Prices: Does Policy Reforms Affect Agriculture Development?," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 139302, Australian Agricultural and Resource Economics Society.
    3. Yamaguchi, Mitoshi & Sanker, M. S. SriGowri, 2007. "Empirical Evaluation of Performance and Effect of Currency Devaluation with Special Reference to Export and Import under Policy Reforms on Sri Lanka's Agriculture," Japanese Journal of Agricultural Economics (formerly Japanese Journal of Rural Economics), Agricultural Economics Society of Japan (AESJ), vol. 9, pages 1-17.
    4. Binswanger, Hans P. & Yamaguchi, Mitoshi, 1974. "Some Structural Changes In The United States And Japanese Economies," Staff Papers 13920, University of Minnesota, Department of Applied Economics.
    5. Mitoshi YAMAGUCHI & SriGowri SANKER, 2007. "Growth Accounting For Sri Lanka'S Agriculture With Special Reference To Fertilizer And Nonagricultural Prices: Do Policy Reforms Affect Agricultural Development?," The Developing Economies, Institute of Developing Economies, vol. 45(2), pages 194-219, June.
    6. Yamaguchi, Mitoshi, 1974. "Population Effects On The Economic Development Of Japan," Staff Papers 13780, University of Minnesota, Department of Applied Economics.

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